Lay Offs

[pfi572]

with the exchange advantage the Americans have, they are paying top CDN dollar for our equipment. I'm not surprised Ritchies came up with a number to make him happy.

Surprising that only about 20%has been going across the boarder .
The rest has been staying in Canada.

 

[Summit 934]

Surprising that only about 20%has been going across the boarder .
The rest has been staying in Canada.

I would've thought that number would be higher. I run the Houston lane pretty regular and see load after load after load headed south with Ritchie's stickers on them. Lots of their equipment is sitting at the port waiting to go overseas and even just being resold at Ritchie's auctions in the U.S. And good luck trying to find a decent deal on a used diesel pickup in Canada right now, there's hundreds of them crossing the border everyday.

 

[LUCKY 7]

I see loads and loads of used trucks heading to the USA on highway#3 everyday

I would've thought that number would be higher. I run the Houston lane pretty regular and see load after load after load headed south with Ritchie's stickers on them. Lots of their equipment is sitting at the port waiting to go overseas and even just being resold at Ritchie's auctions in the U.S. And good luck trying to find a decent deal on a used diesel pickup in Canada right now, there's hundreds of them crossing the border everyday.

 

[Summitric]

Well, according to notley's speech last nite, if you're in the construction industry, the future will look bright. They're building bridges, roads, schools and hospitals... And greenie stuff ..... Nothing to very little for the average small business(unless your a greenie)

 

[rzrgade]

Well the standard "cheer cheer infrastructure "is always a great socialist rally point , it does not generate any income in the long term !!
Its like a long haul trucker putting new tires on , you have to do it , but will it increase revenue????
I am surprised at the lack of push back on Jt supporting only parts of Alberta (EI) as well....!

 

[LBZ]

Now she says she wants a pipeline????

Sent from my D5803 using Tapatalk

 

[ZRrrr]

Employment surges higher in March

Had this morning’s jobs report come one week earlier, it would clearly have appeared to be an April Fool’s Day joke, especially given the province’s current economic woes. But according to the latest Labour Force Survey, a whopping 19,000 jobs were added in March—the highest monthly advance in employment in over two years. With the gain in employment, the province’s unemployment rate plunged from 7.9 per cent in February down to 7.1 per cent in March—matching the national average for the month. The news gets even better—and more surprising. Of the 18,900 new jobs, the vast majority of them (14,500) were full-time positions. And the sector that had been losing thousands of positions—the resource sector—actually eked out a small gain in total employment for the month. The only sector that continued to suffer major job losses was manufacturing (-7,900). It is difficult to explain the surprising advance in Alberta’s job market, particularly since there has been nothing else to suggest that the economy is showing signs of recovery. But while Albertans are seeing slimmer paycheques, they are still higher than the average in any other province. Employees in Newfoundland and Labrador are a distant second place with earnings of $1,006. Alberta is still nearly 18 per cent higher than the national average earnings. The highest wage earners in the province are still in natural resource extraction, which is largely oil and gas workers. While there have been thousands of layoffs in this sector, workers lucky enough to still have their jobs are earning an average of over $2,161. The construction union wage rate index is tracked each month by Statistics Canada. Setting wages in the base year 2007 equal to 100, wages have risen in Edmonton more quickly than they have in the rest of Canada. Last month, the index in Edmonton was 132.0, meaning that wages have increased by 32 per cent compared to 2007. The national index has risen to only 126.8. (Calgary’s union wage rate index is similar to Edmonton’s). The union wage index shown here is for a composite of all construction trades, including architectural and finishing trades, mechanical and electrical workers, carpenters, crane operators, electricians and plumbers. Even though some sectors in our economy continue to battle economic headwinds, new data suggests that Alberta’s agriculture industry is well-positioned to fend off potential financial troubles. The data released on farm revenue and expenses show that even though farm expenses grew by 15 per cent in 2014, operating revenue among all farm types actually rose by 10 per cent. Net operating income (sales revenue minus the cost of sales plus operating expenses) among the different types of farms did fall (down nine per cent) from the previous year; however, incomes (on average) remain about 70 per cent higher than they did in 2010. It’s no surprise that with higher meat prices, revenue and income for Alberta’s animal producers has grown the most significantly of all farm types. On average, operating revenue among beef cattle ranchers and farmers (including feedlots) grew by 20 per cent in 2014. Net operating income was 50 per cent higher than in 2013. Hog and pig farmers saw revenue increase by about 16 per cent in 2014, and, astonishingly, operating income grew nearly three fold from the previous year. The latest revenue and expense data on farms reveal a resistant and formidable sector that some Albertans may forget about.

 

[teeroy]

Surprising that only about 20%has been going across the boarder .
The rest has been staying in Canada.

you are right, thought that number was low and called my friend Gord who is RB regional manager and he just told me only 12% of heavy equipment went south. he says the majority of equipment either stayed in AB, or went to SK and BC. that sounds promising

 

[Summitric]

 

[eclipse1966]

wonder how she will hold those glasses on her face with no oil (plastic frames).

https://scontent.xx.fbcdn.net/hphot...=599b1273dcb2e097386776d9718b8e02&oe=57841DA1

 

[Summitric]

wonder how she will hold those glasses on her face with no oil (plastic frames).

and notley in the background scowling like the cow she is.... Totally supporting this cause!!!

 

[moyiesledhead]

wonder how she will hold those glasses on her face with no oil (plastic frames).

Staples.

 

[eclipse1966]

LOL. duct tape is better.

Staples.

 

[moyiesledhead]

LOL. duct tape is better.

Ya, but she's gonna feel the staples.

 

[doorfx]

2 1/2" common ?

 

[eclipse1966]

try pulling duct tape out of hair LOL But yes staples sounds like a plan

Ya, but she's gonna feel the staples.

 

[Summit 934]

Time to invent an air nailer that'll blast in an 8" spike...that way when it sticks out the back of her head you'd have somewhere to hang your coat!!

 

[ippielb]

https://youtu.be/FONN-0uoTHI

 

[Cyle]

The prices at Richies have been insane. Been looking to upsize excavator and trailer and maybe add a skidsteer, and prices are in some cases 10% higher then what I paid for my stuff a year ago. And pick ups? Forget about it, i'll go to the dealer and buy brand new for the same price as a few year old truck, and get 0% financing. Not even sure if I should waste my time going to the one later this month or not.

Been tempted to give them a call, see what they think my stuff will get. Even if stuff is going high i'm upgrading to more expensive stuff so it may work out. No reserve just scares me a bit.

 

[ferniesnow]

The prices at Richies have been insane. Been looking to upsize excavator and trailer and maybe add a skidsteer, and prices are in some cases 10% higher then what I paid for my stuff a year ago. And pick ups? Forget about it, i'll go to the dealer and buy brand new for the same price as a few year old truck, and get 0% financing. Not even sure if I should waste my time going to the one later this month or not.

Been tempted to give them a call, see what they think my stuff will get. Even if stuff is going high i'm upgrading to more expensive stuff so it may work out. No reserve just scares me a bit.

Welcome back..........