By Alison@Creekside Between September 2008 and August 2010, Scotiabank received a $25 billion bailout amounting to 100% of the bank’s value – or as Steve and Jim preferred to call it at the time: “liquidity support” ***. Last year Scotiabank made a record $6.7 billion in net profit and CEO and president Brian Porter netted a […]
Your guide to the Economic Action Scam
By Alison@Creekside I’ll bet you’ve already guessed what Step #2 is — replying to the Canadian applicants. Here’s how the rest of Steve’s Economic Action Scam works: Vastly inflate the stats for supposed job vacancies and skill shortages in Canada by basing them on a program that counts online classified ads, including one on eBay that features […]
Job stats baffle easily baffled media
By David@Sixthestate.net As usual, the moment StatsCan’s monthly jobs survey numbers go even slightly squirrelly, the media proves utterly unable to handle it. Last week, Canadians were variously told that the employment rate was unchanged, that the job market was in bad shape, and that the job market was doing unexpectedly well. Incidentally, we were […]