Record Unemployment - Stats Can - Flaherty now saying recession over "premature"

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Mojoroad1
Record Unemployment - Stats Can - Flaherty now saying recession over "premature"

Unreal. And the "study" fiddles as Canada burns. 

Seems Goodale has taken over as "huff & puff" today, Gee, wonder why Iggy's silent?

 

Globe & Mail

 

Some 778,700 people received regular benefits under the Employment Insurance program in May, up by 65,600 from a month earlier.

 

The number of EI beneficiaries has jumped almost 56 per cent, or by more than 278,000, since employment in Canada peaked last October.

 

 

But declaring the recession over might be premature, the minister said.


"No, I think we will have to look back as we always do and look at this quarter," Flaherty said when asked flatly whether he agreed with the Bank of Canada's most recent assessment of the economy. - Toronto Star