Statistics Canada Reports II

[P'tit Renard]

Originally Posted by Wigs

This is bleak.
And for all the flak Winnipeg gets look at how stable their economy is compared to the rest of Canada. What is Quebec's secret? All Metros under 6%

Relative to ROC, Quebec has relatively reasonable immigration rates, even if it's still too high for integration purposes.

[MolsonExport]

Quebec's secret? Partly that they went through the absolute worst times from the late 1970s (deindustrialization, tepid population growth, loss of hundreds of HQs, lead up to the first referendum) though to the late 1990s (second referendum, wrenching deindustrialization). As painful as the deindustrialization was, it laid the grounds for a new economic foundation. Plus, there is nothing like a couple of decades of (relative) political stability to calm investors' nerves.

[niwell]

Toronto's unemployment figures likely reflect the "tale of two cities" becoming increasingly common and something that traditionally Canada has been better at avoiding. This has always been more pronounced in Toronto than other centres as the primary landing pad for immigrants but certainly getting worse. If broken down I'd imagine unemployment in broad "professional" sectors is much lower, and as discussed many times much of the new immigration does not fall into this category. Anecdotally I know a lot of people being laid off last year but almost all of them were able to fall into higher paying jobs (sometimes much higher paying) within a few months - of course these are all individuals with significant specialized experience in various fields.

To be clear this isn't a Good Thing.

[ssiguy]

Yes, Toronto is a capitol but, unlike Vic/Hal/QC/Ott, it is a huge city where the proportion of workers from provincial gov't employment is much smaller and hence has a lesser impact on the city's overall economy.

[P'tit Renard]

Originally Posted by niwell

Toronto's unemployment figures likely reflect the "tale of two cities" becoming increasingly common and something that traditionally Canada has been better at avoiding. This has always been more pronounced in Toronto than other centres as the primary landing pad for immigrants but certainly getting worse.

To be clear this isn't a Good Thing.

Given that official stats does not consider the unemployment of strip mall college international students and TFWs, the labour market is likely much worse for working class Torontonians than what official statistics lead on.

Coupled with skyrocketing rents, it's nothing short of an unmitigated disaster for Toronto's local working classes post-COVID, including immigrants who settled in Canada a long time ago.

[isaidso]

Originally Posted by ssiguy

Yes, Toronto is a capitol ....

There is no 'o' in capital. Capitol with 'o' is taken from Capitoline Hill (Ancient Rome) and used in reference to a building where a legislature meets. Toronto is a capital city, not a building.

[lio45]

Originally Posted by P'tit Renard

Relative to ROC, Quebec has relatively reasonable immigration rates, even if it's still too high for integration purposes.

Exactly. It's not rocket science.

If we took in as many FNSs as Toronto relatively speaking, we'd likely have the same unemployment rates as the GTA.

Of course, we're STILL taking way too many right now -- everyone here agrees on that. I can't imagine what it must look like in the GTA which is getting flooded even more than we are (and it's crazy here).

[P'tit Renard]

Originally Posted by lio45

Of course, we're STILL taking way too many right now -- everyone here agrees on that. I can't imagine what it must look like in the GTA which is getting flooded even more than we are (and it's crazy here).

The situation is borderline insane for a wealthy city. It's enough to convince even the most hardened federalist Quebecois to demand a weakened federal government, or else Quebec will get shafted with the same fate.

[rdaner]

As a resident of central Toronto I do understand the concern around so many people coming in. However from what I see the city is blossoming and doing what it is meant to do which is bring people together. We are getting a wave of really interesting cafes and restaurants opening up that serve as social centres for the newly arrived. And this wave of residents has spurred an overhaul in zoning regulations that has been needed for decades.

[jonny24]

Originally Posted by rdaner

As a resident of central Toronto I do understand the concern around so many people coming in. However from what I see the city is blossoming and doing what it is meant to do which is bring people together. We are getting a wave of really interesting cafes and restaurants opening up that serve as social centres for the newly arrived. And this wave of residents has spurred an overhaul in zoning regulations that has been needed for decades.

I imagine the issues are more noticeable in 10-to-a-house Brampton vs, central Toronto.

[Innsertnamehere]

It's also more so noticeable in the encampments everywhere as a result of skyrocketing rents.

If you already own your own place and aren't trying to move right now, everything can seem pretty normal. Outside of that small world, it's obvious.

[urbandreamer]

I've had 1 interview between January and March when I've applied to over 100 companies. Unfortunately I have no special degrees in STEM and now being "older" without management experience, I'm being replaced by cheap TFW/immigrants. I heard the one place I got an interview at, the place was most inline with my work experience, hired exclusively TFW. It wasn't even a full-time position!

I'm quite certain if I moved to the South, where I actually have family connections, I'd be able to get a better paying full time job within months, perhaps weeks in the Dallas area. Otherwise, I have some cousins in Vancouver who don't give AF about my predicament, and although it's beautiful, I'm priced out. If I could speak a lick of French, I'd move to Montreal or Eastern Townships tomorrow.

I have a useless arts/fashion background, and have mostly been a shy, timid autistic person working in manufacturing jobs. I literally have zero family/connections in Toronto/Ontario and wonder wtf I'm here. (I suspect I'll be rennovicted soon.)

[acottawa]

Originally Posted by urbandreamer

I've had 1 interview between January and March when I've applied to over 100 companies. Unfortunately I have no special degrees in STEM and now being "older" without management experience, I'm being replaced by cheap TFW/immigrants. I heard the one place I got an interview at, the place was most inline with my work experience, hired exclusively TFW. It wasn't even a full-time position!

I'm quite certain if I moved to the South, where I actually have family connections, I'd be able to get a better paying full time job within months, perhaps weeks in the Dallas area. Otherwise, I have some cousins in Vancouver who don't give AF about my predicament, and although it's beautiful, I'm priced out. If I could speak a lick of French, I'd move to Montreal or Eastern Townships tomorrow.

I have a useless arts/fashion background, and have mostly been a shy, timid autistic person working in manufacturing jobs. I literally have zero family/connections in Toronto/Ontario and wonder wtf I'm here. (I suspect I'll be rennovicted soon.)

Did you ever think about the trades?

[BlackDog204]

Originally Posted by kora

Okotoks has been surpassed by the much faster growing Cochrane, west of Calgary. Only difference is that Cochrane is part of the Calgary CMA, while Okotoks soon will be.


Stats Canada, Population estimates, July 1, by census subdivision, 2016 boundaries

https://www150.statcan.gc.ca/t1/tbl1...101%2C20220101

When is the release date for 2023? I may never see it in my lifetime!

[micmiko]

Originally Posted by BlackDog204

When is the release date for 2023? I may never see it in my lifetime!

My post #675:

Originally Posted by micmiko

^^ Yea, exactly.

As for an actual update related to statistics, I’ve emailed StatCan and their next annual CMA release will be on May 22. Seems quite a bit later than other years:

[kwoldtimer]

Inflation rate of 2.9% in March, up from 2.8% in February.

[Innsertnamehere]

and core inflation hits exactly 2% for the first time.

Will be interesting to see the June rate decision. Inflation is "in control", more or less.. but the US fed doesn't look like they are going to cut rates any time soon.

Will the BoC cut rates to help the faltering economy and let the dollar implode, or hold and let the fires keep burning to keep the dollar intact?

I hope nobody has any big US vacation plans this summer..

[kwoldtimer]

Originally Posted by Innsertnamehere

and core inflation hits exactly 2% for the first time.

Will be interesting to see the June rate decision. Inflation is "in control", more or less.. but the US fed doesn't look like they are going to cut rates any time soon.

Will the BoC cut rates to help the faltering economy and let the dollar implode, or hold and let the fires keep burning to keep the dollar intact?

I hope nobody has any big US vacation plans this summer..

I hate to think how low the $Cdn could go if BoC starts cutting rates before the USofA.

[urbandreamer]

Originally Posted by acottawa

Did you ever think about the trades?

Briefly, however I'm probably too old and weak for them. I considered either a millwright or electrician apprenticeship available through my then work, but I admit I wasn't popular with the trades. Now I'm thinking about becoming a real estate agent/broker or perhaps car sales, because the physical aspects of manufacturing jobs are becoming intolerable, as well as the mandatory night shifts.

[Acajack]

OT but Bank of Canada head Tiff Macklem's full name is Richard Tiffany Macklem, and yet he chose to go by the name Tiff, and not Richard, Rick, Dick, Ricky...