View Poll Results: The downturn is over?
Yes, things are looking up



11
20.37%
Never noticed the recession in the first place



22
40.74%
You've got to be joking - what recovery?



11
20.37%
No idea....



10
18.52%
Voters: 54. You may not vote on this poll
BE Canada Economic Indicator
#1
Thread Starter










Joined: Aug 2005
Posts: 14,227











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.
#2
Binned by Muderators










Joined: Jul 2007
Posts: 11,708
From: White Rock BC











There is no option for a tenuous and slow recovery. Which is what I would have voted for.
#3
Thread Starter










Joined: Aug 2005
Posts: 14,227











(and I can't edit the poll, or at least I don't know how to)
#4
No idea about the recession, but we've got more work than people at the moment.
#5







Joined: Feb 2007
Posts: 2,332

I agree with JonboyE, I am not convinced it's over, that we have had the worst, nor that it could take much for it too all slide down hill again.
We heard today that the factory where my husband worked in England was closing, if we had stayed in England he would have been made redundant. Last week another large factory closed in the area we used to live.
We heard today that the factory where my husband worked in England was closing, if we had stayed in England he would have been made redundant. Last week another large factory closed in the area we used to live.
#6
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.
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.
#7
Thread Starter










Joined: Aug 2005
Posts: 14,227











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.
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.
#9
Forum Regular


Joined: Aug 2008
Posts: 57











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.
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.
#11
BE Forum Addict






Joined: Aug 2005
Posts: 1,480
From: 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.
Last edited by Mountain Girl; Nov 4th 2009 at 3:16 pm. Reason: Bad spelling
#12
BE Enthusiast





Joined: Jun 2007
Posts: 701











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 mergered 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.
When recession hits, kids go to school.
Thankfully his oil company mergered 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.
#13
BE Forum Addict






Joined: Aug 2005
Posts: 1,480
From: Calgary











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.
Last edited by Mountain Girl; Nov 4th 2009 at 3:13 pm. Reason: Maybe nothing at all would have been better. I hope things improve in the East.
#14
This was in my inbox this morning
5/5 of the consultancy positions are in BC
#15
Thread Starter










Joined: Aug 2005
Posts: 14,227











http://www.cite7.org/employment_opportunities/index.php
This was in my inbox this morning
5/5 of the consultancy positions are in BC
This was in my inbox this morning
5/5 of the consultancy positions are in BC



