The Canadian economy took a sharp turn for the worse in recent months; shedding more than 70,000 jobs in what economists are describing as the biggest plunge since the Great Recession of 2009.
“Canada’s job market unexpectedly weakened for a second-straight month, registering the biggest drop in employment since 2009 and casting doubt on the resiliency of the domestic outlook,” reports the Financial Post.
“The report missed the median economist forecast for a gain of 10,000 jobs. The unemployment rate increased to 5.9 per cent in the month, from 5.5 per cent in October, the biggest one-month jump since 2009. The decrease in employment was broad-based among both the goods-producing and service-producing sectors,” adds the website.
“Regionally, Quebec lost 45,100 jobs in November due to a decline in manufacturing as well as accommodation and food services. Alberta and B.C. both lost 18,200 jobs,” writes the CBC.
Read the full report here.
TRUDEAU HANGS ON: Canadian Prime Minister Wins Second Term, Loses Majority in Parliament
Canadian Prime Minister Justin Trudeau won a second term in office Monday night; surviving a series of racial scandals but losing a clear majority in Parliament.
“Trudeau’s Liberal party took the most seats in Parliament, giving it the best chance to form a government. However, falling short of a majority meant the Liberals would have to rely on an opposition party to pass legislation,” reports the Associated Press.
“It’s not quite the same as 2015. It’s not all owing to the leader,” said a professor of Canadian history and international relations at the University of Toronto. “Trudeau is prime minister because the rest of the party was able to pull itself together and prevail. While Trudeau certainly deserves credit for what has happened he’s really going to have to demonstrate qualities that he hasn’t yet shown.”
“Tonight Canadians rejected division and negativity. They rejected cuts and austerity. They elected a progressive agenda and strong action on climate change,” Trudeau said Tuesday morning.
Trudeau secured the official endorsement from former President Barack Obama just days ahead of his country’s national election.
“I was proud to work with Justin Trudeau as President. He’s a hard-working, effective leader who takes on big issues like climate change. The world needs his progressive leadership now, and I hope our neighbors to the north support him for another term,” tweeted Obama.
I was proud to work with Justin Trudeau as President. He's a hard-working, effective leader who takes on big issues like climate change. The world needs his progressive leadership now, and I hope our neighbors to the north support him for another term.
— Barack Obama (@BarackObama) October 16, 2019
Read the full report at the Associated Press.
TRUDEAU IN TROUBLE: Canada Struggles with ‘BORDER CRISIS’ Weeks Before Election
Canadian Prime Minister Justin Trudeau and other officials throughout the country are facing a growing outcry from residents to clamp down on illegal immigration into the nation, with some local politicians suggesting building a “border wall” to keep out migrants.
According to Fox News, officials in Quebec and other Canadian provinces are demanding tough action to stem the flow of illegal immigrants entering their country from the United States.
“This situation has created political tension across Canada, with conservatives laying blame for the ‘crisis’ squarely at the feet of Justin Trudeau’s government. Shortly after President Trump took office, the Canadian prime minister issued a now-infamous Tweet saying that all refugees would be welcome in his country, with the hashtag #WelcomeToCanada,” writes Fox News.
To those fleeing persecution, terror & war, Canadians will welcome you, regardless of your faith. Diversity is our strength #WelcomeToCanada
— Justin Trudeau (@JustinTrudeau) January 28, 2017
Voters in Quebec head to the polls October 1st and immigration is already shaping-up to be the hot-button issue this election.
Read the full report at Fox News.