Archives

Archive for December, 2008

Happy New Year!

( Parties )

Might be the year for cautious resolutions, like pay off the student loan and start some RRSP savings. A recession is no big deal if you have your personal finances in order. Unfortunately, may be the year to hold off buying a new 1080p TV or a new car, Potash Corp Layoffs mean we’re all [...]

Alberta’s growth = Saskatchewan total population

So, all this hype about Saska”boom”, with the most recent booster news releases pointing out that at 1,020,000 Saskatchewan has equalled its 1989 population!  Not sure how a net gain of Zero necessitates house prices doubling in 2 years in Saskatoon, or how construction can’t keep up – with the population staying the same.  Or [...]

The Bench Scoupes Leader Post, Again

( Economy andhousing andnews )

So it seems the Leader Post is spinning consistent Stats Can data similar to that from last month. “Wages and job numbers in Saskatchewan continue to climb” Dec 22, 2008 based on the same Statistics Canada data The Bench (http://www.thebench.ca/?p=237) covered all the way back on Dec 1, 2008  http://www.leaderpost.com/business/Wages+numbers+Saskatchewan+continue+climb/1105902/story.html which itself was based on a [...]

Merry Christmas!

( Parties )

Nice to see that at a beautiful -14 C the weather should allow everyone to enjoy some well deserved time off!

Massive Potash Corp Layoffs

( Economy andnews )

So, Potash Corp of Saskatoon has just announced 940 layoffs for its 3 largest mines to decrease supply in light of increasing inventory and decreasing demand. Seems like a loss of a lot of high paying Saskatchewan jobs. http://www.canada.com/calgaryherald/news/calgarybusiness/story.html?id=f606673f-bf3b-49bd-b772-b1a7ad71afd6

Bench Night

( Parties )

Wednesday Dec 17th @ 8 PM @ Rooftop Lounge

Harper appoints 18 senators during prorogue

( Parties )

“Of our two legislative houses, the Senate, our upper house, is appointed, also by the Prime Minister, where he puts buddies, fundraisers and the like. So the Senate also is not very important in our political system…what you see is a system of checks and balances which quickly becomes a system that’s described as unpaid [...]

Cameco laying off employees

( Parties )

Saskatoon based Cameco is laying off 50 employees, with another 43 temporary lay offs.  Maybe not huge numbers, but this will be almost 100 people who were previously earning high wages off of work.   This adds to the nearly 400 employees “possible” to be laid off at Vanscoy, 400 more high paying jobs. More evidence that [...]

News Talk Radio Censors Cautious Advice

( Economy andhousing andnews )

News Talk Radio has recently become a glorified ad agency for Remax and Saskatoon housing, giving big press to Remax’s “Housing Outlook” for 2009, a document far more optimistic than any objective forecast. News Talk coverage plays like a virtual commercial.  One sided view points to the point of potentially misleading the public.  News Talk [...]

Saskatchewan Provincial Deficit Possibility

A story on the CBC states that a 2009 provincial deficit is a real possibility with falling resource prices, lead by a plummetting oil price.  Maybe Saskatchewan isn’t so set to weather the economic down turn in Canada…  Makes it pretty tough to justify Saskatoon’s sky high housing prices. http://www.cbc.ca/canada/saskatchewan/story/2008/12/05/deficit.html