Recession just around the corner?

[X-Treme]

this fall will tell

for 800

Youre on quite the role today, aren't ya?

 

[imdoo'n]

Youre on quite the role today, aren't ya?

I'm special!! Lol. Bored

 

[ZRrrr]

Canada loses almost 20,000 jobs, the biggest drop in eight months

Not necessarily all bad news. Seems there was some offset by full time hiring in other sectors. Interesting movement of the numbers.

 

[lloydguy]

Fluid haul driver needed CLASS 1 | driver, security | Lloydminster | Kijiji

Crack houses are selling for 300k around here and the job market is in the toilet.
$18 an hour, guy's made that OVER 20 year's ago.
Thing's are not lookin good for the average joe

 

[rsaint]

Fluid haul driver needed CLASS 1 | driver, security | Lloydminster | Kijiji

Crack houses are selling for 300k around here and the job market is in the toilet.
$18 an hour, guy's made that OVER 20 year's ago.
Thing's are not lookin good for the average joe

Not sure but did you guys over there vote in PC'S

 

[LUCKY 7]

I heard yesterday that the coal mines are now saying no overtime, no more hotshots and no working stats.

 

[LUCKY 7]

Teck is now having 20 day shut downs at their 6 coal mines

 

[Joholio]

I hope things start to pick up. Lots of really good hands sittin. Two guys called looking for jobs today and its sunday. We need to get busier or be forced to lay off a guy or two. The government has everyone in a stalemate it seems.

 

[Joholio]

We are busier now and did not lay anyone off. Not flat out, but busy enough. Spoke with my downtown Calgary buddy awhile back, he said "dismal". But then I hear theres a lot of bids coming out. Could be just window shoppers, I don't know.

What are you folks seeing? Holio

 

[sumx54]

First 3 weeks of August was a little slow for us (wireline) but we haven't seen too much of a slowdown. Busy now. We were lucky going into this with core clients that marched on... I see the big Blue and Whites yard is nearly empty of equipment yesterday.

 

[DRD]

Slow on the service side (rotating equipment) but we have enough installs to carry us for the next 24 months. Hopefully it picks up by then, should start getting calls to fix stuff that had maintenance pushed off as it starts to fail in the next year or so as well.

 

[Stompin Tom]

We are busier now and did not lay anyone off. Not flat out, but busy enough. Spoke with my downtown Calgary buddy awhile back, he said "dismal". But then I hear theres a lot of bids coming out. Could be just window shoppers, I don't know.

What are you folks seeing? Holio

We are seeing a whole bunch of albertan's coming our way looking for work. Mainly the unskilled laborer and truck driver types.

 

[snochuk]

Rock bottom for this recession is still two years away by my latest guess. No megga projects on the books for the oil and gas guys which does affect a lot of cash flow several ways across the country. Fortunatly not all sectors hit as bad. Not going to get a lot worse but a little worse yet then hold for 18 months and start to turn around.

 

[Caper11]

Rock bottom for this recession is still two years away by my latest guess. No megga projects on the books for the oil and gas guys which does affect a lot of cash flow several ways across the country. Fortunatly not all sectors hit as bad. Not going to get a lot worse but a little worse yet then hold for 18 months and start to turn around.

Or sooner depending on which govt is voted in next month.


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[LUCKY 7]

Been hearing whispers of Teck starting to get rid of support staff in the Elk valley

 

[lsone]

Rock bottom for this recession is still two years away by my latest guess. No megga projects on the books for the oil and gas guys which does affect a lot of cash flow several ways across the country. Fortunatly not all sectors hit as bad. Not going to get a lot worse but a little worse yet then hold for 18 months and start to turn around.

I take it you haven't seen any of the plant work just outside of Fort sask? lol. 2500+ men at NWR, 700+ @ Williams, 300+ @ Pembina, Plus agrium. All are doing projects.

 

[DRD]

I take it you haven't seen any of the plant work just outside of Fort sask? lol. 2500+ men at NWR, 700+ @ Williams, 300+ @ Pembina, Plus agrium. All are doing projects.

That's money being spent that was committed before the big crash, there will be nothing new at this price for oil and the dippers in power.

 

[sumx54]

Rock bottom for this recession is still two years away by my latest guess. No megga projects on the books for the oil and gas guys which does affect a lot of cash flow several ways across the country. Fortunatly not all sectors hit as bad. Not going to get a lot worse but a little worse yet then hold for 18 months and start to turn around.

Kind of what I figured but I think we need to figure in the big war that's coming...might be getting busy sooner than we think.

 

[lsone]

That's money being spent that was committed before the big crash, there will be nothing new at this price for oil and the dippers in power.

I beg to differ. Those with cash in their pockets are full steam ahead.

The biggest thing holding back massive projects?? SKILLED workers, not qualified but SKILLED. Watch any business show or read any business articles. There is a lots of money but big oil doesn't want to spend it foolishly. If we can supply them with skilled, qualified workers... We will be filling our pockets with cash.

 

[Caper11]

^^^huh?^^^

You even work/understand how the patch works?? Pretty sure DRD is correct.


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