政府裁员又开始了吗?

[11.11.11]

哈哈，谣言四起阿。

 

[buybook]

健康部，税务局，share service canada都是agency

那是健康部，不是agency。

 

[www]

健康部，税务局，share service canada都是agency

Health Canada怎么是agency呢？健康部，交通部，工业部，自然资源部等等，都是department，不是agency。Canada Revenue Agency, Canada Border Services Agency, Public Health Agency of Canada这些才是agency吧。

 

[lazycatcat]

It seems this piece of news is causing a lot unease among CFC visitors.

One should examine government from business perspective. Federal government has very powerful tool of taxation. In case anyone don't agree, look at Ottawa's property tax bill and tell us which year it actually decreased.

With guaranteed revenue, the issue is the size of the government and how efficient it is to provide services.

Canada's GDP is $1.7 T and currently deficit is around $30 B per year. This is roughly 2% and can be taken care of by GDP growth plus some service reduction. Canada's debt is at around $580 B and thus is only 1/3 of GDP.

While the deficit should be removed, it is not in such a dire situation as some European countries. Plus, with a population of 33 M, current federal pubic servants account for less than 1% of total population. The size is equal to that in 90's when population was 28M.

So, don't worry that much and have a good weekend ! Of course, smaller government is good for the long-term.

By the way, Buffett said running a deficit at 3% is alright in time of recession. So you have the word of the most smart investor...

 

[lazycatcat]

A minor correction, Canada's GDP was $1.3 T CND in 2010. Still the ratio seems to be not that dire ...

 

[sunny_cctv]

人心惶惶，草木皆兵

 

[秋水长天]

政府雇员都有也应该有危机感，我自己也是，而且还是刚进去的。

 

[lazycatcat]

政府雇员都有也应该有危机感，我自己也是，而且还是刚进去的。

This is true. One should always depend on oneself. No job is 100% safe unless financial freedom is achieved ...

The Jewish people is such an example. The ancestors of Goldman etc would rather be a peddler than a clerk. Being persecuted for so long and without a homeland, the Jewish people accumulated a lot wisdom this area. A book is named Our Crowds and detailed histories of families that built today's Wall Street empires ...

 

[lazycatcat]

政府雇员都有也应该有危机感，我自己也是，而且还是刚进去的。

By the way, don't worry too much. Rather than worrying, go check out all the guidelines by unions and Treasury Board. Also, go read annual audit report to get an idea on the size of public service.

I think bloated organizations have to be streamlined and the conservative is on the right track. However, on individual basis, there is a lot of room to go around ...

So don't let some CFCers use the opportunity to flare up a scare. A very few people on this board find pleasure in other people's misfortune.

 

[秋水长天]

Very good points. Thanks a lot.

 

[Abracadabra]

This is true. One should always depend on oneself. No job is 100% safe unless financial freedom is achieved ...

The Jewish people is such an example. The ancestors of Goldman etc would rather be a peddler than a clerk. Being persecuted for so long and without a homeland, the Jewish people accumulated a lot wisdom this area. A book is named Our Crowds and detailed histories of families that built today's Wall Street empires ...

懒猫猫，是这本书吗？Our Crowd: The Great Jewish Families of New York。想买。

 

[宝瓶座]

要裁就快点，老吹风，老拖着。第二只靴子不扔下来，心里更慌。

 

[lazycatcat]

懒猫猫，是这本书吗？Our Crowd: The Great Jewish Families of New York。想买。

Yes. A good book in my opinion. I think overseas Chinese can learn a great deal from the Jewish people...

 

[Track]

Don't worry. You will get used to it if you get laid off a couple of times. It is not big deal. You may find a better job and know more about life.

 

[MGXX]

做IT的应该还好吧。再说这事情自己也控制不了。发愁也避免不了。