CPM: This Week in the eCanadian Economy (Day 705)
Day 705, 19:42
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Published in Canada 
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by
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by Addy Lawrence
A little background on this report, each Sunday I go into the Info/Rankings tab and do research on the eCanadian economy. I note all of the stats as they are and log them and compare them to previous weeks.
Note that I am running for congress in Ontario. I will be running under the banner of the CPF. Here is my campaign presentation, please consider voting for me.
Canadian Economy
The population of eCanada grew a bit to 5,053 (v 5,038 v 4,921). With the liberation of Manitoba and Nunavut imminent, look for growth to pick up. The other half of our Brolliance is seeing major growth as they approach 24,000. I put it to our government to foster continued population growth.
Unemployment was flat at 40.2% (v 40.2% v 40.4
There were 32 new companies created in eCanada over the last 7 days bringing the total to 805, that is a ratio of 3.8 people for every company, unadjusted for the idle companies and ill citizens. Green Hawk wrote a great article about the ratio of employees to companies, please consider buying a company before you start one, please consider selling your company at a reasonable price, or sweetheart price, if you are no longer interested in it.
The average salary dropped to $6.89 (v $7.21 v $7.20) which is consistent with the deflation observed over the past few weeks. The rate of deflation is decreasing which is a sign that things are turning around. Product and commodity markets remain very competitive and this is leading to more competitive wages for the GM's to remain profitable.
The GDP rebounded to 1,021.60 (v 505.78 v 833.84) which is reassuring after two weeks of drops. The population is growing, the number of companies is increasing, but the wealth we share is shrinking.
The per capita income this week is 0.20G (v 0.10 v 0.17 v 0.57 v 0.40 v 0.24) and shows that things are tight for our people, almost three times as tight as a month ago. There certainly is wealth, there is just more people competing for it. We must increase our exports and take some pressure off of our domestic markets.
Monthly exports amounted to 151.31 (v 140.44 v 129.96) while imports totalled nil (v nil v 45.29) leaving a trade balance of 151.31 (v 140.44 v 84.67). The trend in the trade balance is nice and must continue if we are to see our GDP increase, recall that our GDP was over 2,600G for the week ended Oct 4/09. Surely they are higher priced markets for our products so that we can avoid the fierce competition in the domestic markets. Accessing foreign markets will take competitive pressures of the domestic market and generate more wealth for eCanada. Personally, I advocate a licensing subsidy from the government equal to half the cost of an export license for proven business operators. This was part of my congressional campaign platform but it appears I will not be afforded the opportunity to act on it...
...in November.
eCanada experienced deflation of -27.5 (v -60.5% v -49.7
It is great to see some war returning to eCanada, this will spur things along. Unfortunately, I do not see it as being sustained at this point so the economy will be erratic. This past week was good however it may eradicate foreign pressence in eCanada and lead to a period of peace that will be difficult to adjust to. Look for GM's to continue to find dry ground this week, as they have for the past three, and survive. Wages will likely drop again next week and deflation will move toward zero.
Who's your daddy? Addy's your daddy!!!
Note that I am running for congress in Ontario. I will be running under the banner of the CPF. Here is my campaign presentation, please consider voting for me.
Canadian Economy
The population of eCanada grew a bit to 5,053 (v 5,038 v 4,921). With the liberation of Manitoba and Nunavut imminent, look for growth to pick up. The other half of our Brolliance is seeing major growth as they approach 24,000. I put it to our government to foster continued population growth.
Unemployment was flat at 40.2% (v 40.2% v 40.4
😵, which is good considering the population grew. Employment creates product which creates wealth.
There were 32 new companies created in eCanada over the last 7 days bringing the total to 805, that is a ratio of 3.8 people for every company, unadjusted for the idle companies and ill citizens. Green Hawk wrote a great article about the ratio of employees to companies, please consider buying a company before you start one, please consider selling your company at a reasonable price, or sweetheart price, if you are no longer interested in it.
The average salary dropped to $6.89 (v $7.21 v $7.20) which is consistent with the deflation observed over the past few weeks. The rate of deflation is decreasing which is a sign that things are turning around. Product and commodity markets remain very competitive and this is leading to more competitive wages for the GM's to remain profitable.
The GDP rebounded to 1,021.60 (v 505.78 v 833.84) which is reassuring after two weeks of drops. The population is growing, the number of companies is increasing, but the wealth we share is shrinking.
The per capita income this week is 0.20G (v 0.10 v 0.17 v 0.57 v 0.40 v 0.24) and shows that things are tight for our people, almost three times as tight as a month ago. There certainly is wealth, there is just more people competing for it. We must increase our exports and take some pressure off of our domestic markets.
Monthly exports amounted to 151.31 (v 140.44 v 129.96) while imports totalled nil (v nil v 45.29) leaving a trade balance of 151.31 (v 140.44 v 84.67). The trend in the trade balance is nice and must continue if we are to see our GDP increase, recall that our GDP was over 2,600G for the week ended Oct 4/09. Surely they are higher priced markets for our products so that we can avoid the fierce competition in the domestic markets. Accessing foreign markets will take competitive pressures of the domestic market and generate more wealth for eCanada. Personally, I advocate a licensing subsidy from the government equal to half the cost of an export license for proven business operators. This was part of my congressional campaign platform but it appears I will not be afforded the opportunity to act on it...
...in November.
eCanada experienced deflation of -27.5 (v -60.5% v -49.7
😵. It's slowing down its descent, look for it to approach 0% next week.
It is great to see some war returning to eCanada, this will spur things along. Unfortunately, I do not see it as being sustained at this point so the economy will be erratic. This past week was good however it may eradicate foreign pressence in eCanada and lead to a period of peace that will be difficult to adjust to. Look for GM's to continue to find dry ground this week, as they have for the past three, and survive. Wages will likely drop again next week and deflation will move toward zero.
Who's your daddy? Addy's your daddy!!!
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Comments
You the man, Addy, with all these financial reports 😃
Voted!
Voted and subscribed! Very helpful to get a better understanding of the eCanadian economy.