Despite record-level oil production at very high prices, under the UCP Alberta’s average wage has fallen from first to fourth
UCP is pipelining profits to investors around the world while Alberta wages stall
https://t.co/bAJjM2czXq
Alberta oil fields pumping more than ever, StatsCan report shows
And at very high prices
Production in March 2026 was up 2% from March 2025 and a huge 43% jump from March 2016
https://t.co/oXTIaJTRIT
Why are gas and groceries so expensive?
One reason is retailers are raising their sales margins twice as fast as inflation, according to new StarsCan data
And BTW, Loblaw dividends are up!
https://t.co/JPz4Bv3Zth
Ontario insolvencies hit new peak in March, doubling from 5 years ago
Alberta insolvencies hits record highs, has 23% more insolvencies than BC
https://t.co/hCfQQD9Tin
Just as college and university students are about to hit the job market, Ontario’s youth unemployment rate hits 17.7%
There were 672,900 unemployed workers in Ontario in April
It’s a city bigger than Hamilton
https://t.co/7zLukzsy6A
StatsCan: inflation hit 2.4% in March, up from 1.8% in February as fuel and food prices surge
Tax cuts on food and fuel can absorb some of inflation’s effects. But they do not stop inflation while draining public funds https://t.co/wWZVcTkJOI
Ontario Liberals ran fourth in Q1 fundraising. They can’t attract anyone to run for leader except Nate Erskine-Smith.
Is their polling pop is more a halo of Mark Carney than a reflection of their own momentum?
https://t.co/rdI1MMVmpn
BQ-Liberal polarization in Terrebonne squeezes Conservatives and NDP
Low Conservative support de-polarizes Toronto ridings, lets NDP rebound
Here’s the hard data analysis on Monday’s three by-elections:
https://t.co/34vUUUpTFT
Ontario lost jobs again in March, says StatsCan
But this month’s job losses weren’t in manufacturing and construction
Now it’s workers in stores, schools, bars and restaurants losing their jobs
https://t.co/3WtZOFUXsa
110,000 jobs disappear in two months, 60,000 in Ontario, the cost of Trump and Ford’s incompetent and ideological government
Will Carney’s economic strategy work? Or work fast enough for Canada?
https://t.co/cPJkgmUszw
Trump’s war has crude prices soaring and an inflation wave coming
The BoC warns that wave could trigger higher interest rates, killing GDP and jobs
The one-two punch to workers and businesses was foreseeable by those who backed war — even if with regret
https://t.co/CY1IYTV4Ex
Oil companies are extracting crude from Alberta at a record pace
But with royalty revenue projected to collapse 41% in two years, Albertans face a $10B deficit
https://t.co/fYRM5y73rb
B.C. leads growth, with the number of active business at new highs, but Ontario has lost about 5,000 businesses since March 2024
You’d never guess either fact from their communications messaging
https://t.co/nzwcAjBTdG
The “predictable, long-term” $30B Transit Fund was announced in 2024.
But in Carney’s first budget it disappeared
Turns out it was merged into another fund, cut by $5B, renamed and promoted as a new “generational investment”
https://t.co/dNPfW89Tm0
StatsCan Labour Force Survey for January
Jobs up in every province but Ontario, which lost 67,000 jobs in January leaving Canada down 25,000 jobs
Ontario participation rate plunges so the national unemployment rate dips 0.1% point as fewer people search for work
Trump chaos and violence in December cuts Canadians’ share of international air travel to USA to a new low
While travel from USA to Canada is also down, Canadians are spending at home and visitors from Europe and Asia are strongly up
https://t.co/PXU0j9iNTN
What’s driving beef price inflation?
On Jan 12 StatsCan reported November cattle price at $282, up 24.7% from Nov 2024
At retail end
- stewing beef +22%
- sirloin +32%
- ground beef +11%
What percent of beef retail price is the cattle price?
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