Canadian Youth; Sold Out For a Cheap Double, Double

Video Description

In this week’s video, we’ll be discussing the labour force data print that came out today. Why? Well, basically, because buried in the data was something that has me seething, And frankly, this channel partially serves as my outlet. But also, because the data allows us to touch on a bunch of different topics I hold dear like growth and the BOC upcoming rate decision and the Loonie. ➡️ Set Up a Time to Chat With Us - https://icecapassetmanagement.com/contact/ On this channel, we cut through the mainstream noise and have the honest conversations about the Canadian economy and global macro that you won’t hear from the big banks. IceCap Asset Management is a Canada-based portfolio management company. Our ongoing focus emphasizes understanding factors that accelerate global risk and discussions that shape our investment strategies. The Mission at IceCap Asset Management - Provide the independent, innovative management needed to stay ahead of the curve. ➡️ Our Website - https://icecapassetmanagement.com/ 🎙️ Weekly Podcast - The Loonie Hour: https://linktr.ee/looniehour Disclaimer: The information within our videos is not intended to be or construed as investment advice. Please consult a professional advisor before investing in any of these financial markets. Material presented in these videos has been obtained from numerous sources. While reasonable efforts to ensure the content is reliable, accurate, and complete, we have not independently verified the content, nor do we make any representation or warranty, express or implied, in respect thereof. Timestamps 0:00 Intro 0:46 The Headline 1:10 Employment Growth Stalls 1:42 Widespread Weakness 1:58 Canadian Employment By Sector 2:12 Public Sector Employment Fell 2:21 Too Many Passengers! 2:28 Full-Time vs Part-Time Employment 2:48 Employment Rate Back To Lows 3:04 Canada's Unemployment Rate 3:19 Youth Unemployment Pops 3:41 Quick Math! 3:53 Labour Market Population Breakdown 4:23 Shrinking Work Force 4:37 Real Unemployment is Higher! 4:44 Are You Participating? 5:00 No Participation! 5:50 A Generation Forsaken! 6:32 Reckless & Regressive 6:44 Immigration Drove Population 7:10 The Shift To Younger Immigrants 7:43 Boomers Insulated 8:16 2026 GDP Will Be Weak Too 8:29 Pressure To Cut Will Grow 8:51 What If We Are Wrong? #canadianfinances #canada #geopolitics