Statistics Canada released the latest employment figures for the month of September 2007 last Friday.
As I suggested last month, this month’s report would include numbers from a few large layoffs such as the UPM mill in Miramichi.\ Despite this, the provincial economy only lost 100 jobs in the month. This number does mask the fact [...]
Yesterday, for the third year in a row, the family and I went out to enjoy New Brunswick Open Farm Day. This annual event allows members of the public to tour farms throughout New Brunswick and hopefully get a better appreciation for the agricultural sector. Farms range from dairy operations to fruit orchards [...]
On Friday the 7th Statistics Canada released the latest Canadian employment figures (The Daily, Friday, September 7, 2007. Labour Force Survey).
Although the headline grabbing unemployment rate has gone up from 7.2% to 7.7% in August this masks very positive trends in the labour market.
Employment has gone up by 1000 (rounded) jobs – a gain of [...]
I am quite happy to hear a few good news New Brunswick economic stories in the news lately.
The biggest announcement has been Potash Corp.’s announcement that they will build a new potash mine in Sussex, New Brunswick. This construction phase of this project has an estimated cost of $1.7 billion and is projected to [...]
It looks like the markets are definitely in correction territory now. At one point today, the TSX was down over 500 points! Luckily for people still invested, it recovered to close “only” 200 points down on record volume of over 700 million shares. Financials and resource stocks seem to be the hardest hit as the [...]
What a ride for the stock markets. The TSX composite have dropped more than 1000 points over the last month. It has dropped almost 200 points today alone.
Is this a simple correction? If so what percentage correction are we looking at? 15% perhaps? Perhaps this is the precursor to a [...]
I learned something new while glancing over Statistics Canada report on Canadian port activity. Saint John, NB is number three after Vancouver, BC and Come-by-Chance, NF.
Now I was not at all surprised by Vancouver taking first place especially since it is the only major Canadian port on the west coast and as such it [...]
According to the US department of energy, Canada is listed as the worlds 15th largest net exporter of oil.
You would think that since we are such a large exporter of oil that we wouldn’t need imports to satisfy our oil needs. Unfortunately that isn’t the case. A large portion of the eastern half [...]
