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Posted On: 04/15/2013 1:56:34 AM
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Posted By: testuser
Analysis: Canadians losing faith in economic "miracle"

Canadian Finance Minister Jim Flaherty addresses the Vancouver Board of Trade in Vancouver By Louise Egan and Andrea Hopkins OTTAWA/TORONTO (Reuters) - Factory worker Nelson Claros has little time for talk of the Canadian economic miracle. The 50-year-old was laid off last year from his job of 22 years at a bus-assembly plant northwest of Toronto, and has since applied for 130 jobs. His best offer: A job at $12 an hour, half his previous wage and not enough to pay his bills. "Really there is a recession right now. They don't call it a recession, but the companies are closing, there are a lot of layoffs. How can this be a miracle economy?" he asked. It wasn't supposed to be like ...



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