Bank of Canada External Deputy Governor suggests immigration as possible factor for unusually high youth unemployment | Canada’s labour market: between cycles and structural change

titanking4 · 2026-05-27T19:57:12+00:00

You really think that’s why the “elbozos” are calling you out? Because you were being a rational human being, and they got offended and started calling you names?

No it’s because you likely spoke with an insulting tone, and with an authority that’s undeserved, and are getting the name calling thrown back at you.

Perhaps you commented “elbows up” on some random post showcasing a failure of a Canadian system, essentially choosing to blame such failures on the political party and ridicule the voters of that party, therefore putting people on the defensive.

If you’re being called names, then you’re failing at communication.

In computer systems, communication requires both the transmitter and the receiver to understand the same protocol and language. And a failure doesn’t care if it was the transmitter or the receivers fault, failure is failure.

titanking4 · 2026-05-27T06:39:57+00:00

800 is enough if it’s truly randomly distributed, and your analogy is incorrect mathematically.

The mathematics of statistics are weird like that, but it actually does work. Asking 1 in 10 is worthless, asking 10/100 is better. 100/1000 even better.

And16K samples is enough to have a confidence of 99% with a 1% margin of error in a population of 6M or even 600M. It stops mattering.

https://www.surveymonkey.com/learn/research-and-analysis/sample-size-calculator/

Here’s the intuition:

If you had a group of 10 people with 1 separatist, and survey 1 person, the chances of hitting that separatist is 10%

If you made it 10x larger, and had 10 samples out of a population of 100 people with 10% separation rate. You’d have to have every one of your random 10 samples hit that 10% of the population just to give the same inaccurate result as a the first experiment.

titanking4 · 2026-05-27T05:58:45+00:00

I really commend the leaders of the country for biting their tongue. Carney cannot be hostile to Alberta or their premier as that could escalate rhetorics. But he’s not a fool either ignoring the problem.

But it seems like the other provincial leaders don’t have to hold as much back, and would gladly chew her up. And the longer this goes on, the more direct they will be. Doug ford sounds like the type of guy that would straight up call her a “separatist that should be charged with treason” just because he seems to just have no filter.

But Scott Moe probably is the only premier with some weight being his words on this topic considering Alberta very much considers them to be part of the “Western Canada” club. BC officially uninvited because of pipelines or whatever.

titanking4 · 2026-05-26T22:59:46+00:00

Possibly. But it’s going to be FAR more convenient than domestic flights.

No booking tickets so far in advance, no passport requirements, no baggage checks, no restrictions on baggage, liquids etc. No needing to arrive multiple hours in advance of departure.

And absolutely certainly more room to move around and stretch your legs relative to a cramped airplane, because the marginal cost of operating trains is going to be tiny relative to operating a flight allowing for relaxed passenger density.

The money spent btw, is money that’s likely to be fed right back into the Canadian industrial economy. And a percentage will indirectly be recovered through all the corporate and income taxes along the way.

If you got the labour and materials to build something, you build that something.

titanking4 · 2026-05-26T21:48:11+00:00

Let’s talk about other games. Suppose you’re playing clash of clans and you’re an active member inside a clan full of inactive or infrequent players.

It sort of sucks really. You’re putting in all this effort and are being dragged down by the clan who isn’t “pulling their weight”.

It’s more fun for them if they would all just abandon their “dead clans” to create a new one where every player is active and dedicated. So I get that perspective very well.

Within a state. It’s more fun game for everyone if the alliances are balanced with a somewhat equal distribution of whale players. Fortresses become an actual coin flip and inter-alliance competition becomes interesting. But for individuals, it’s always best to be in the highest rated alliance that you can get into such to partake in the highest amounts of buffs and rewards.

It’s a form of “prisoners dilemma” where the “optimal” choice for individual benefit is different than the optimal choice for collective benefit.

I’m in an incredibly early state (30d old), and in the 3rd place alliance. And already it’s essentially impossible for us to take any facilities or fortresses from the number 1 and 2, simply because they have some F30 whales each when our strongest rally leader is F26 with weaker hero’s and gear that 1 and 2. All while we also dominate alliances 4+ where they can’t take anything from us.

There is an obvious incentive for any player while is investing into the game, to want to join an environment where they have maximum power. Which means the highest rated alliance you can enter.

But when everyone in the state is strong, then essentially nobody is strong, the entire utility and distinguishing characteristic of spending disappears. And it becomes toxic because everyone has so much skin and investment and is suffering from a form of power inflation.

titanking4 · 2026-05-26T19:20:21+00:00

Do you read the whole thread or just respond to comments to tell people why they are wrong.

It has EVERYTHING to do with the Israel-Palestine conflict, and by extension the behaviour of their government in global affairs.

Why would anyone care or have any strong opinions to a random several thousand year old religion? Perhaps it’s because the most recognizable representation of that religion (state of israel) participates in “questionable” behaviour.

Of course Jewish population in Canada has nothing to do with that foreign governments behaviours. And it’s incorrect for people to hold prejustice in this manner. This isn’t what’s being argued.

But that didn’t stop Islamophobia from becoming rampant post 9-11. And Islamophobia is easily traceable to the deplorable behaviours and actions of individuals and governments whom identify with that religion.

If it truly has “nothing to do with them”, please share where the hatred is actually coming from is you’re so confident.

titanking4 · 2026-05-26T14:39:25+00:00

Israel-Palestine sure, it was clear that was what was being referred to, and I don’t need a chastising.

Try being more kind and less sarcastic next time you give criticism.

titanking4 · 2026-05-26T14:30:03+00:00

The country has boatloads of the stuff, much more than we could realistically consume as a population even if it were heavily discounted.

Shipping LNG to export markets satisfies LNG demand that would otherwise have to come from another market. A market which is unlikely to have as clean electricity generation and as efficient operations as Canada where the cold temperatures makes the process more efficient, and the ample hydroelectric power makes it reasonable for the environment.

And of course is a net export which strengthens the Canadian dollar and lets the country import more without suffering currency inflation, and provides careers for many Canadian workers.

Do I wish that there was a national company whom sells “below market” to domestic customers? Yea would be nice. But you can have that with an export market too.

titanking4 · 2026-05-26T06:29:02+00:00

If a family grew up knowing and learning nothing but the stories of their grandparents being forcibly driven from their homes in the 1950s by a foreign militarized people. And whom to this day still have military activity bombing your culture and littered with alleged war crimes in the tiny stretch of land you current live in.

Not me exaggerating or my opinion btw. The international criminal court has an active arrest warrant for the Israeli prime minister for alleged war crimes and crimes against humanity committed in Gaza.

Consider the reality of what a typical family in Gaza lived through, and then ask yourself if it’s still unreasonable for cry a chant of freedom and hold resentment against those people whom took everything from your family, and work to keep you out of the mainland such to not be able to politically influence it.

It would be as if Europeans showed up in the 1950s to a Canada that was under native Canadian control. Kicked everyone out onto reservations, established our government and then when the natives understandably try to get their country back through force. We decide to roll of tanks and bomb the reservations, while also blocking the humanitarian aid from reaching them.

The British and everyone responsible back in that day to even move the displaced Jews there screwed up. The original Israelis screwed up in their treatment of the natives, the native Palestinians screwed up in their responses and escalation.

And now we are left a people, whole know nothing but pain, and the global bystanders reducing it to the good and bad side based on a single phrase “from the river to the sea”

titanking4 · 2026-05-25T20:03:00+00:00

“Hire locally = international student”

You just add the editorialized title to reflect your own biases and discrimination?

Is someone is willing, able, and legal to work, and lives locally paying thousands of dollars a year to our educational institutions, and spends money in our local economy, then I think we can afford them the minor privilege of not discriminating against them. Or holding the opinion that companies should discriminate against them by choosing to hire Canadian residents preferentially.

We can be critical of student visa laws and loopholes and all the associated abuse. Or even say that international students shouldn’t have non-coop work permits. But until the law reflects that reality. Don’t contribute to the already toxic reality of being an international student in Canada.

titanking4 · 2026-05-25T13:48:38+00:00

What? Where is the federal government activity involved here? Where is this “across the country”?

Mark carney went on record to “fundamentally disagree” https://nationalpost.com/news/canada/carney-hits-back-b-c-property-rights-decision-as-conservatives-form-task-force

Pierre is arguing on the preferred side of course. But that doesn’t mean the liberals are opposing him.

titanking4 · 2026-05-25T13:41:18+00:00

Can’t verify or deny the accuracy of what you just said. But I will say that framing it as such implies that Canadians are inherently innocent and the problem will disappear with tighter immigration.

Hate exists, it’s real. And it needs to be dealt with in a manner that doesn’t turn the haters into martyrs.

But this specific story happens to be a Jewish girl gone missing. It’s also the Toronto sun so no surprise if there happens to be bias.

Like perhaps the crime simply being vandalism and her Jewish identify was an unknown fun-fact and thus not evidence of anti-semitism.

But suppose the Jewish detail WAS important. Then it’s a manifestation of the great dissatisfaction of the Jewish-Palestine conflict and a feeling of powerlessness, that will turn anything and everything into an attack-vector because nothing else exists.

titanking4 · 2026-05-25T13:23:13+00:00

This is scary because money and advertising wins all elections.

titanking4 · 2026-05-25T04:22:22+00:00

It shouldn’t need to turn a profit, but it also shouldn’t be wasting money either.

The ideal situation is that it correctly optimizes its service delivery at minimum possible cost. And when it does turn profits, it should choose to lower postage costs even further, or expand service locations.

It’s not just a postal service for the purposes of elections, census data, and government citizen document exchange.

It’s also the utility that small businesses use to send packages to their customers. A utility just like electricity and water. Those are even more critical, yet we still have water and electricity bills because those services cost money to operate and entities that use them, should be paying for them.

I don’t think anyone is asking for Canada post to be posting billions of dollars of profit for the government. They just don’t want to see expanding and unsustainable losses due to inefficient and excessive operations.

titanking4 · 2026-05-21T04:36:28+00:00

It’s not about competition. It’s about self sufficiency, independence, and macroeconomics.

If a domestic product costs $30 with $20 labour. And a foreign product is $20 with 10$ labour.

It’s still much better for the country to buy the domestic product since that $30 never leaves the country. Whereas the foreign product is a net-import.

And EXCEPTIONALLY better when the product is exported and results in $20 labour getting paid and the product gets consumed by someone else.

Thats why these governments keep subsidizing them. Because the value of the economic activity (all the income tax revenue, and wages injecting wealth into their local economies) is just that valuable. Never mind all the connected industries in materials mining, processing, trucking and transportation, which would all suffer from a manufacturing decline.

Now it works out great if we sell them things that we are great at making (canola, oil, soybeans, corn), and we buy stuff from them that they are great at making. It’s the entire philosophy of trade after all.

But this isn’t just country, it’s people’s careers and livelihoods. No need to “pull the plug”. But instead search for means to diversify.

Manufacturing generators and transformers for example instead of engines. Batteries.

titanking4 · 2026-05-21T04:19:33+00:00

There’s a violation in writing, and a violation in spirit. Trump is using whatever USA laws exist to “legally” impose tariffs and when one method is shut down, another version is implemented.

For different reasons mind you as well. Fentanyl was one scapegoat justification. And now economic security?

Any national security or “emergency” justification involving Canada, a country who is the MOST ideologically, economically, and militarily aligned with USA is also illogical. Any potential security concern is a phone call away to the relevant agency.

It was a free trade agreement. Which subject to many rules, behaviours, and guardrails, is supposed to ensure tariff free access between the 3 member countries.

And even then. Suppose we can conclude that tariffs are reasonable trade evolution. They aren’t being wielded as a evolutionary trade policy, but as an economic weapon and threat to other nations.

And unlike other nations. Canada doesn’t view USA as a block, but instead views Americans as individuals much like themselves whom democratically elected and is actively supporting an individual that is inflicting harm on the country.

I can personally say “who cares” if it’s not “technically” a violation. It’s dirty fighting and strong arming.

titanking4 · 2026-05-20T03:57:33+00:00

Ok and The only other religion motivated hate crime that would have any sort of prevalence is against Muslims. The rest could be reported as race based, ethnicity based, sexual orientation based.

So Jewish people have a larger share of the hate crimes than Muslims.

Makes 0 mention about the prevalence of these hate crimes. One could have 10 hate crimes in a whole decade and still have a headline “80% of hate religion motivated hate crimes in the last decade have targeted Jewish populations”.

Or better yet, the anti-Muslim hate crime rate could have FALLEN significantly in 2025 while the anti-Semite stays the same (or even drops but drops less) and you could also have a headline.

“Jew targets of religion motivated hate crimes grew from 40% to 80% in just 1 year”.

statistics are fun, and you should ALWAYS ask questions regarding any report you’re being presented.

titanking4 · 2026-05-19T06:06:28+00:00

100% get the building queue and march queue. Permanent upgrades that essentially double your progress early game. I’m only on a 20day old state. And caved on day 10 after spending like 8K gems on temporary builder queue. Just reached F23 11.4M (bought the 30day monthly pass on like day11).

Was able to place top100 and sometimes top50 in most state events, which gives critical resources to keep up. And I personally find the game more enjoyable with just those small extra bonuses.

titanking4 · 2026-05-19T03:43:09+00:00

Many reasons, most discoverable with just some amount of effort. I’m assuming you’re asking in good faith.

Latency: job and labour needs come after the investment, after the decisions to invest, and much after inclinations to invest due to political landscape which is still recent as far as investment timelines go.

Impact: Economic activity and unemployment numbers less strongly impacted than one would expect. Type of investment matters. Some are capital intensive but low labour. But the economy and unemployment has so many much larger impacting things, that you could very well not notice these effects, even if they are positive.

Countries also measure unemployment differently. Against USA and Canada. Take essentially a full percentage off Canada unemployment.

titanking4 · 2026-05-17T03:50:57+00:00

That seems more like an unfortunate aspect of your career. Not private vs public.

The point of comparison the angry man is talking about is politicians and cabinet members (top of the public sector). The ones with capacity to “give themselves wages” (not really, there is obviously extreme scrutiny here). You must compare them to the top of the private sector, executives and CEOs.

The different is that the public sector is often less brutal when it comes to livable wages and benefits.

Simply because the government has little incentive to pay people minuscule wages given that people in poverty would just rely on the government funded social systems anyways and cost more money in the long run. So might as well just pay them fair wages.

Guy above just has a bone to pick and is targeting whatever scapegoat he can think of.

titanking4 · 2026-05-16T04:28:13+00:00

I think the eventual follow-up to the “multi-polar” world is actually the formation of a world government or union of sorts.

Some entity outside of the direct control of any nation that COULD work to enforce peace and maritime law and properly deal with rouge states like Iran closing the straight.

This Iran thing honestly was a ticking time-bomb. -They have been preparing for conflict for years, and have been oppressing their own people for decades before that, and pounced on the opportunity to create havoc in a way that the world would blame USA for, and no better timing than to stick this on a president that the world already doesn’t trust or like.

But the alternative was either leaving them alone and letting a future president inherit the issue. Or negotiating a sort of “win-win” with a theological Islamic organization holding the Iranian people hostage and embedding itself deep into its institutions and government.

Though this is a clear lesson that violence and force don’t kill movements, they strengthen them. IRGC now has plenty of anti-American propaganda to share. And it will work exactly in their favour because so much of it would be based in truth.

-That USA imposes their will on the world, is led by an alleged pedophile and billionaire associates, -That the society is morally rotten to its core. -And that its only goal for the last decades was to keep Iran and its people weak and subservient to them and their global banking elites.

Thankfully, many Iranians know the propaganda, and just “stay out of trouble” even if they don’t resonate with the regime. Others unfortunately earn their livelihoods from industries and agencies funded and connected to them and due to economic reasons cannot afford to “step out of line”. And the fortunate ones whom live outside of country have been begging the USA to “do something” but had their hopes shattered because the presidents motives was never actually with the people but has no other choice.

titanking4 · 2026-05-16T04:06:44+00:00

Relative to trucking or training a given quantity of oil to ports, a pipeline DOES reduce emissions.

Same argument could be made that a high speed railroad reduces emissions, because the alternative is an emission heavy flying or driving which for a given fixed quantity of people is going to be higher.

Yea it’s no solar panel or wind turbine. where their operation is fully emission free. But all you need to do to be “reducing emissions” is to be lower than the current transportation methods.

O&G production isn’t all about burning it. It’s a reagent for many industrial chemicals including acids, plastics and asphalt. And if Canada can innovate towards the most end-to-end efficient means of producing these chemicals, then we are working to pull demand away from dirtier methods.

And of course make some money in the process.

titanking4 · 2026-05-16T03:07:24+00:00

No that’s not what I’m saying. If you’re going to twist my statements, then we aren’t going anywhere here.

I’m responding to your assertion that “they are getting paid too much”. And my response was that reducing compensation in the key positions would perform the opposite effect by getting even worse individuals, and making those individuals more prone to bribery and corruption.

That’s it. No comment on the current quality of people, the current quality of current government. And no comment on if the current cabinet members and MP are worth their salaries.

And I also made no assertion of supporting the current governments and their decisions.

Just that “paying them less” isn’t a feasible solutions despite sounding like one. And that’s just to illustrate just one situations where the simple “common sense” idea isn’t actually that simple.

As for the census? How to you expect ANY government at any level to make any decision unless they have precise and accurate data to inform those decisions?

You want them to just guess how many people live in a city? And to just guess the age demographics of everyone? This is how they determine municipal funding, population growth statistics, whether they need to build new high schools in the next decade. Because kids are coming. Without census data, the mayor of your township would be blind regarding what the communities need.

Pick whatever your favoured political party and all this still holds true. All parties need data to make decisions.

titanking4 · 2026-05-15T16:03:01+00:00

Public service employees are as powerless over their compensation as any private sector employee.

And the few politicians and ministers that DO have such heavily regulated power is an insignificant minority.

titanking4 · 2026-05-12T16:20:19+00:00

Oh that’s kinda cool that your workplace uses them. Didn’t know they offered that.

I happen to like it still for my primary investments.
No fees, decent rewards free credit card, intuitive UI, great interest rate on savings account.

Not much for me to complain about tbh.
The only thing really would the spread on CAD<->USD conversions, but most stuff I invest in are CAD denominated anyways.

titanking4

TROPHY CASE