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Archive for April 26th, 2007

On Vacation: Don’t Buy Stuff You Can’t Afford

Thursday, April 26th, 2007

OK, so I am going on vacation, but I will leave you the following useful video to digest:




Snl_dontbuystuff
Uploaded by Some Guy

Enjoy and have fun, I’ll talk to you again on Monday (I might post on the weekend, we’ll see)

Posted in Debt Reduction | 3 Comments » | Read more..

Canadians are Earning More

Thursday, April 26th, 2007

“The average weekly earnings of payroll employees (seasonally adjusted) increased $1.06 (+0.1%) from a month earlier to $764.12 in February.”, pronounced Stats Canada, and that is a good thing. Given that employment is also increasing in Canada as well, that is a good thing!

The number they quote is a little weird $764 a month is only about $9,000 per year, but I think it is a composite of ALL incomes, so it includes part time and high school students and such. Have a look at this table it is fascinating to read (and reprinted without permission, so check out the Stats Canada version as well):

Average weekly earnings (including overtime) for all employees
Industry group (North American Industry Classification System) February 2006 January 2007 February 2007 January to February 2007 February 2006 to February 2007 Year-to-date average 2007
Seasonally adjusted
$ % change
Industrial aggregate 740.18 763.06 764.12 0.1 3.2 3.1
Forestry, logging and support 959.52 979.32 989.48 1.0 3.1 2.8
Mining and oil and gas 1,335.90 1,393.04 1,391.25 -0.1 4.1 4.4
Utilities 1,081.69 1,100.87 1,103.97 0.3 2.1 2.2
Construction 898.07 907.34 915.17 0.9 1.9 1.6
Manufacturing 898.52 926.29 923.17 -0.3 2.7 2.8
Wholesale trade 862.76 898.54 907.21 1.0 5.2 4.8
Retail trade 484.30 485.67 490.96 1.1 1.4 0.8
Transportation and warehousing 785.75 795.32 798.40 0.4 1.6 1.5
Information and cultural industries 922.40 957.50 955.35 -0.2 3.6 3.8
Finance and insurance 939.81 979.76 989.95 1.0 5.3 4.5
Real estate and rental and leasing 664.63 702.50 704.60 0.3 6.0 5.8
Professional, scientific and technical services 949.91 976.26 975.32 -0.1 2.7 2.4
Management of companies and enterprises 968.92 915.36 929.31 1.5 -4.1 -4.2
Administrative and support, waste management and remediation services 586.38 645.60 641.63 -0.6 9.4 9.6
Educational services 816.98 821.46 815.54 -0.7 -0.2 0.4
Health care and social assistance 672.95 695.29 694.58 -0.1 3.2 3.1
Arts, entertainment and recreation 429.46 440.95 441.21 0.1 2.7 1.8
Accommodation and food services 292.00 325.55 319.69 -1.8 9.5 10.9
Other services (excluding public administration) 568.73 598.23 596.57 -0.3 4.9 5.3
Public administration 916.35 949.24 957.31 0.9 4.5 4.1
Provinces and territories
Newfoundland and Labrador 683.04 702.86 704.23 0.2 3.1 3.0
Prince Edward Island 599.78 625.02 632.08 1.1 5.4 4.8
Nova Scotia 652.15 666.77 669.56 0.4 2.7 2.4
New Brunswick 678.46 696.84 702.26 0.8 3.5 3.3
Quebec 692.66 707.63 716.07 1.2 3.4 3.1
Ontario 778.35 798.01 798.69 0.1 2.6 2.5
Manitoba 669.43 686.10 696.29 1.5 4.0 3.4
Saskatchewan 683.79 710.55 714.78 0.6 4.5 3.8
Alberta 789.17 827.45 829.53 0.3 5.1 5.2
British Columbia 735.61 752.65 750.41 -0.3 2.0 2.2
Yukon 848.16 856.85 862.48 0.7 1.7 1.2
Northwest Territories 984.19 970.46 981.29 1.1 -0.3 0.1
Nunavut 877.55 924.92 937.97 1.4 6.9 5.3
r revised
p preliminary
1. Rate of change for the first month of 2007 compared to the same month for 2006.
2. Data not seasonally adjusted.

Cool stuff eh?

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Links 10/10/08 (naked capitalism, 10/10/08)
Canada is Number 1 (Michael James on Money, 10/21/08)
Read more on Investing in Canada, Allstate at Wikinvest
Posted in Stats Canada | 3 Comments » | Read more..
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