Michael Frate 🇨🇦
11.9K posts

Michael Frate 🇨🇦
@mfrate1
Husband, Dad, Entrepreneur. Glass of wine a day keeps doctor away. Mari, Papa, Entrepreneur. Verre de vin quotidien pour tenir les médecins éloignés.





Canada, China sign pledge in Beijing to deepen financial-sector ties theglobeandmail.com/politics/artic…



No, Powell isn't contradicting the March jobs data. His March 18 remarks (the clip in the main post) analyzed the prior 6-month trend, noting that after Fed staff adjusted for overcounting/revisions, private-sector job creation netted to effectively zero—aligning with near-zero labor force growth. Yesterday's BLS March report showed +178k total nonfarm jobs (+186k private, gov -8k), unemployment steady at 4.3%, beating forecasts. But BLS confirms: "Payroll employment had changed little on net over the prior 12 months." It's a rebound from Feb's revised -133k, not a shift in the weak underlying trend Powell highlighted.










This is the future of Canada: Alberta leaves. Québec as well. Saskatchewan follows. The NWT joins Alberta. Yukon too. Nunavut follows. Rural BC chooses Alberta. Vancouver chooses Singapore option. Newfoundland remembers they used to be a country and that they have oil. A weakened and obsolete Canadian rump state remains.




















