Can New Democrats handle bad news?
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Hey there, time traveller!
This article was published 07/01/2012 (5262 days ago), so information in it may no longer be current.
While the southwest oil patch may be booming, the economic picture isn’t as bright in all corners of the province.
Winnipeg-based Cangene Corp. is cutting 120 jobs, or about 17 per cent of its total workforce
The decision by Cangene to reduce its workforce in Winnipeg is a reminder that Manitoba should be working hard to increase private sector economic growth, Manitoba Progressive Conservatives charged in a statement yesterday.
Dennis Smook, MLA for La Verendrye and Manitoba PC critic for entrepreneurship, training and trade, says the NDP needs to join the New West Partnership to create more opportunities for the private sector in Manitoba.
“Manitoba has lost 12,000 manufacturing jobs since 2008, and we are at risk for more private sector jobs losses over the long term unless the NDP wake up and join the west,” Smook said in a release. “Economic forecasters are consistently predicting that the provinces to the west of us will be driving economic growth in the coming year, but the NDP ignore this, and choose to run up record deficits of almost a billion dollars.”
The Tories also released data from Statistics Canada yesterday that shows both Alberta and Saskatchewan have lower unemployment rates than Manitoba. Another recent study from Statistics Canada revealed that our average weekly earnings are among the lowest in Canada, while Saskatchewan’s average weekly earnings are 10 per cent higher than Manitoba’s and growing at a faster rate.
“You can’t build a future by borrowing from it,” Smook added. “The NDP need to get over their anti-free-trade ideology and join the New West Partnership.”
We have to agree with that. While there are certainly some rays of sunshine in the Manitoba business climate, there are certainly some dark clouds looming on the horizon that we’re just not sure the NDP will manage properly.