BE Canada Economic Indicator
 

Lots of talk of the recovery being well under way and there is some data to back this up. However the old saying 'watch what they do, not what they say' would indicate that any potential recovery is tenuous and slow. Therefore I thought I'd do a quick poll of BE'ers about their perception of what is happening.

Re: BE Canada Economic Indicator
 

There is no option for a tenuous and slow recovery. Which is what I would have voted for.

Re: BE Canada Economic Indicator
 

I guess I could have added that. But I was really after a black and white, the recovery is here / no it isn't kind of thing.
(and I can't edit the poll, or at least I don't know how to)

Re: BE Canada Economic Indicator
 

No idea about the recession, but we've got more work than people at the moment.

Re: BE Canada Economic Indicator
 

Re: BE Canada Economic Indicator
 

From a purely selfish perspective I've not noticed the recession - my business hasn't been effected, and life's gone on just the same.

This area of BC has certainly seen the knock on effect of the recession (lumber businesses suffering, construction trades laying off employees etc), but little talk of foreclosures, very few empty store fronts and house pricing dropped a little, but not a great deal. Sales volume of housing is apparently approaching pre-recession levels again.

What was very noticeable during 4 days in Atlanta last week was the contrast of reasonable optimism locally, and the depressing downbeat attitude of US citizens and their local news stories.

Re: BE Canada Economic Indicator
 

The poor sods who work in a paper mill in kitimat are going to feel it.

http://www.cbc.ca/canada/british-col...t-closure.html

That's the end of that town - 500 jobs at the mill, and three times that locally.

Re: BE Canada Economic Indicator
 

coming up to a year of a 15% pay cut - no end in sight :thumbdown:

Re: BE Canada Economic Indicator
 

That's a hard one, depends what sector you are in and what part of canada.

In Al-berda, the short term looks a little sketchy, but the long term is downright peachy with oil prices steadily recovering.
http://www.calgaryherald.com/busines...362/story.html

If I was in the manufacturing belt of Ontario I'd be bricking it, once those factories close they don't seem to come back.

But then if I was RICH in Kamloops I'd just look outside my window every morning at the staggering view and not really give a monkey's.
:)

Re: BE Canada Economic Indicator
 

Same in transportation in BC. We are so busy, as are all the consultancys it seems and struggling to recruit

Re: BE Canada Economic Indicator
 

I have to say, not really noticed the recession. We both can be extremely grateful to say that we are still in employment. My husbands in oil, and I am in education in Calgary.

When recession hits, kids go to school.

Thankfully his oil company merged with another to make it the biggest in Canada and the 5th largest in North american.

All in all we are very fortunate, for which I am thankful for on a daily basis.

Re: BE Canada Economic Indicator
 

In Ontario: from dealing with small n medium enterprises, there is a definite anticipation of another 12 months of pain. Many many bankruptcies are expected because SMEs have already strung out for as long as they can these past 12 months. Lots of low paying , part jobs are available but nothing close to even a 'career'. Divorce rates have dropped, as any family lawyer will tell you happens in a recession. Large corporations have already cut to the bone, and are now examining their projected "pension" obligations with employees left on payroll. Benefits such as medical coverage, vacations, maternal/paternal/compassionate leave are also being minimized to that prescribed by law only. At this point one is left wondering whether Ontario is Canada's Bre-X. The hype of a recovery continues, but walk the streets and travel the subways, stop at cafes, walk through malls. Very hard to find any quality transactions happening. Pubs are full though.

Re: BE Canada Economic Indicator
 

I am so sorry, I dont know what to say.

Re: BE Canada Economic Indicator
 

http://www.cite7.org/employment_opportunities/index.php

This was in my inbox this morning

5/5 of the consultancy positions are in BC

Re: BE Canada Economic Indicator
 

The public sector always does well in recessions.