Recession just around the corner?

[neilsleder]

Highly doubtful.

Pretty hard to make a robot to pull slings and hook them up to the role ends lol


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[imdoo'n]

lookin like the slump may turn

https://ca.finance.yahoo.com/

 

[imdoo'n]

opec just announced production cuts! may be enough to get things turned around?

 

[imdoo'n]

oil stocks are up today!!! yip yip, trend is up.

 

[neilsleder]

Glimmer of hope!


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[neilsleder]

Oil is up 9 %


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[ippielb]

Carbon Tax - Saskatchewan Party a petition from brad wall to stop the carbon tax if anyone's interested.


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[S.W.A.T.]

"New Canadians" will figure out a way to do it cheaper then robots

Maybe for short term but automation will likeky displace many of these jobs within 10 years.

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[LUCKY 7]

my job was gone due to call centers and by the time the dust settles there will be very few of those jobs left in the branches. imo

 

[Merc63]

Wont that produce carbon though?

They are building a refinery as we speak out by redwater that refines bitumen into final products for market. Any co2 is captured and returned to the oil fields to be used to pump the last bit of oil out then sealed under ground.

 

[Summitric]

https://scontent.xx.fbcdn.net/v/t1....=4a0095b289446d4fb23f568023bca065&oe=58F0A8D7

Nutley shutting down coal plants, so she can't get coal in her stocking at xmas anymore..... makes sense now lol

 

[everest8]

As a Locomotive Engineer we see the fluctuations rather quickly as rail is a cheap way to ship. Traffic is up. Running potash from Sask. 12 000 feet and 30 000 tons, oil train, 11 000 feet 28 000 tons, mixed trains with oil, propane, lumber autos, steel at 10 000 feet 18 000 tons. Intermodal aka containers 12 000 feet 10 000 tons. And some other trains both container and mixed frieght at 6000 feet. Around 15 trains a day, CN Rail coast to coast through Northern Ont. Re called about a dozen employees or so. So, yup, your oil,wood,potash,LPG is picking up.

 

[LUCKY 7]

Finning is still slashing.... go figure

 

[rebel]

Finning is still slashing.... go figure

I saw an ad somewhere the other day for them hiring.

 

[TylerG]

Finning is still slashing.... go figure

Haven't seen any slashing in sometime now Randy. Yes there was the drastic downsizing that was announced and finally some cleaning done at the "ivory tower" but it's gotten quieter for sometime now

 

[sledneck__11]

The uranium industry is also on the rocks pound price was well over the 50 dollars per pound and has dropped to an all time low of 18. Many jobs have been slashed allready and will be a rough start to 2017

 

[LUCKY 7]

Haven't seen any slashing in some time meaning maybe a few weeks. From what I got told a few weeks ago lots of employee's got slashed

Haven't seen any slashing in sometime now Randy. Yes there was the drastic downsizing that was announced and finally some cleaning done at the "ivory tower" but it's gotten quieter for sometime now

 

[TylerG]

Haven't seen any slashing in some time meaning maybe a few weeks. From what I got told a few weeks ago lots of employee's got slashed

Head office cleanup. Overloaded HR and training Dept got hit finally

 

[LUCKY 7]

I also heard that the branch closures are not over yet.

Head office cleanup. Overloaded HR and training Dept got hit finally

 

[TylerG]

I also heard that the branch closures are not over yet.

Who knows. Juan is clearing a path to something