doom and gloom part 2

Canada Immigration Forum (discussion group)


 
       
Subject: doom and gloom part 2
  yes, the markets rebounded today BUT it took the US government borrowing over a trillion - yes trillion... that 12 zeros to bail out some banks and insurance companies.

who is going to pay that back? they really did not have much choice. inject the funds or have the whole thing fall apart.

so, like it or not... this drama affects the entire global economy. Canada is not going to sail through this without any discomfort. Is this going to create uncertainty for the employment sector - there is absolutely no way it can do anything else. Will any sector escape... well, if there is - I really want to know about it.

whether we are talking Canadian PR or US Green Card the reality on the ground is not what it was 6 months ago. The reality on the ground today is not what you will find 6 months from today.

Ostriches are not necessarily the brightest bird in the animal kingdom.

[20-09-2008,01:58]
[**.155.160.37]
Sharon
doom and froom (in reply to: doom and gloom part 2)
hey sharon,
i am from england.i was redaing your earlier thread and i was thinking as well about problems in the US economy. Trust me last week i withdraw my application for PR to canada and i have decided to stay in England coz things are much better in europe.

[20-09-2008,06:03]
[**.198.167.192]
TUMBER
(in reply to: doom and gloom part 2)
Tumber,

I think immigration is a long term decision and should not be based on short term conditions. Sure the economy is bad now, and economy always goes in cycles. Basing immigration decision simply of current economic condition is the wrong reason to (or not to) immigrate.

European economic cycle is no different than North American. They also go up and down. As a matter of fact when a butterfly flutters her wings in US credit market, someone is sure to sneeze in the European job market. The world economies today are exceedingly interlinked.

Lastly, Canadian immigration process takes years, by the time you get through it, the economic conditions maybe very different than what they are today.

Simply deciding not to apply for immigration based on temporary economic conditions today, in my opinion is a wrong decision.

Ray

[20-09-2008,06:42]
[**.137.58.73]
Ray Masa
(in reply to: doom and gloom part 2)
Only now overreact where was this doom and gloom post before the sub prime mess hit. Canadian´s were always a little jealous that one could get money in the States far easier then in Canada. Here is another fine example why Canadians are not the same as Americans.

I can´t help but laugh at some of these comments.

USA and Canada are failed economies and we are both being flushed down the toilet. Better to stay in the UK LOL. If Canada and the USA are failed economies and things are better in the UK today wait for tomorrow. LOL What silly logic.

Any times someone basses their whole purpose to Immigrate on another countries economy they are doomed to fail. When one is young and idealist and in love with their bodies and the right pair of shoes focus totally on the all mighty dollar. You will never be happy.

Find an occupation you love to do and do what you love! In any country.

When one looks short term, one could panic and jump out a window like they did in the 1920´s. People and governments learn from their mistakes now is the time to profit.

Land Banking----if someone sells their 1/2 million house in downtown __________ USA because they can´t afford the mortgage they still need a place to live. So they move out of town and buy another for less.

They commute, they adapt, they survive-----YOU PROFIT.

IF you can keep your head when all about you
Are losing theirs and blaming it on you,
If you can trust yourself when all men doubt you,
But make allowance for their doubting too;
If you can make one heap of all your winnings
And risk it on one turn of pitch-and-toss,
And lose, and start again at your beginnings
And never breathe a word about your loss;
Yours is the Earth and everything that´s in it,
And - which is more - you´ll be a Man, my son!

SIMPLE KIDS POEM --- WISE WORDS!

Roy
www.cvimmigration.com

[20-09-2008,07:30]
[**.52.216.91]
Roy
(in reply to: doom and gloom part 2)
It is 100% fact that US stock rebound is just a saline, it can´t resolve all of the financial problems overnight. Don´t rely on it too much.

It is also true that recession is a natural economic cycle. It may happen to anywhere. Hit will be worse in the more capitalistic system than the socialistic one. Also, the epicenter is is the US, so no doubt it is spreading worldwide, Europe may be little safer. Though I can´t say what will happen in the next 6 months. Like hardly anybody in Canada believed just few months ago that they may have a bad time too. As usual they overlooked and used to laugh with the economic report showing the Alberta card. That was very silly & childish.

However, still I don´t think that in Canada the situation went anything dramatic than 6 months ago that based on that you have to be panicked. If you could apply 6 months back then probably may apply now, then wait and see how it goes in the next few months while the application will be in process. Then also will have good time for landing.

People who are well settled can never realize the struggle for the new immigrants. So may be asy to laught. It is easy to survive in the down time for them, but for the immigrants who even face monumental obstacle in the good time? No doubt in bad economy many immigrants have to suffer, especially the ones in the transition period will be very unlucky.

I see that in the early 2000 in the US. How easily people can fall down on the ground from the Sky in bad time. Just 6 months ago joined in IT jobs with fresh university degree, signing bonus was a Lexus car. Then after 6 months got laid of. Pack & back home as couldn´t manage another job in 30 days. Though in Canada as an immigrant you do not have to go back, but still has to survive. How much you can endure and worthy that will be depends on you.

[20-09-2008,10:42]
[**.207.127.42]
DC
(in reply to: doom and gloom part 2)
DC you make blanket statements that people who are settled can never realize the struggle of new immigrants. Come on DC so it didn´t work out for you but it has for many others.

When people see the negative alllllllll the time DC.

How many settled, established people in Canada came from other countries. Most of the population!!! If not first generation then second and less third generation.

How many Canadians DC have settled in other countries and established themselves there and then returned to Canada. I did.

Look at the Construction Industry and work permit processing times. Africa section and Middle East sections they have the slowest processing times. That is because they do not build their houses the same way due to particular reasons.

Money does make the world go around and anyone in the States has way more options then others who wish to Immigrate. How you failed DC is beyond my understanding!

This is not personal, I just don´t get it.

Any applicant from certain areas needs to be concerned but like I have always said Immigrating is based on personal circumstances. I have said research, research, research, research, research.

Anyone with North American experience that can be easily verified has little to worry about.

Sometimes it takes that extra little effort to get you over the top just like the poem says.

Roy
www.cvimmigration.com


[20-09-2008,12:31]
[**.52.216.91]
Roy
(in reply to: doom and gloom part 2)
You better suggest Sharon not to be negative, not me. As usual, the ultimate blame went to me. Excellent judgement.

She is the one who started this topic not me, becasue she has some common sense and not to mention humane sense based on what she warned. In my view, that isn´t also negative. If you see a warning sign while driving that doesn´t tell you not to drive, but to drive with care. Here I didn´t stated my story as now it has no direct conenctio with this subject topic. If you bring my personal case and wonder why I´m failed then ask Richard, has been active in the job market cosely 2 years. He is even not with Asian background. Ask CBV...No need to mention any stat or report then you would start naming me Mr. Statistician from Mr. Negative.

As a matter of fact, aganist the main tone of the topic I said "However, still I don?t think that in Canada the situation went anything dramatic than 6 months ago that based on that you have to be panicked. If you could apply 6 months back then probably may apply now, then wait and see how it goes in the next few months while the application will be in process. Then also will have good time for landing." How negative it was?

Only way I could be positive probably by saying something..He don´t care about the economy...just come land without any realistic study...

Surely you can convict me.

Have a good day.

[20-09-2008,13:22]
[**.207.127.42]
DC
(in reply to: doom and gloom part 2)
Tough times ahead of everyone attached to business, These money they bailed out and injected to the market are the money from the tax payers, and this wasnt fair, Businesses played foul by investing into unsafe sectors. Now everyone has to pay the price, lots of jobs to go in coming months.
[20-09-2008,15:00]
[***.189.230.2]
Jnathan
(in reply to: doom and gloom part 2)
Wanted to clarify my situation since it was mentioned. I had a good job offer about a year ago in my field from a large bank in Toronto, but at that time I was fascinated with rural small-town northern Ontario. I didn´t take it, but should have. So I have no reason to complain about the job situation in my case, although the offers to interview don´t come flowing-in like in the States (here DC is correct).

In the intervening time, I´ve taken my name off the Canadian job-search boards, and took a position here in the States to get my cv current. So I´m not quite so down-and-out during these 2 years.

My mistake was thinking small to medium towns offer similar job potential for professionals as the larger metropolises. Here I also think DC is right - that the best opportunities for immigrant professionals are in the large cities of Canada, at least to get the floor in the door.

On other issues (health, political, other social) I´d like to slap DC a bit to see the positives of the Canadian approach.

[20-09-2008,15:12]
[**.53.226.146]
Richard
(in reply to: doom and gloom part 2)
the point to my thread...

long time Canadians are now looking around and feeling skittish. in the next 6-12 months those who are well established in the job market may be facing some new realities as a result of current world events.

I can tell you right now that the brochures and media will not have translated this new reality yet. Prospective Canadians or HB1 applicants are still going to presume jobs are easy to come by and resettlement should be without challenge.

Yes Roy, RIGHT NOW the temp permits are still booming. RIGHT NOW the Titanic is still steaming full speed ahead even though the iceberg just ripped a hole in its side. It is going to take time to see who manages to get in the lifeboats, who has good survival instincts and who is going to go down with the ship.

I am concerned for those who do not do their research. Simple. Rules to follow... have your eyes wide open, do NEW research (more than once if you have to) to be sure your assumptions remain current.

I watch too many people read a brochure, talk to their friends and assume that 3 years from now that nothing will have changed. Simply not so.

The Titanic has hit an iceberg!


[20-09-2008,16:17]
[**.155.160.37]
Sharon
(in reply to: doom and gloom part 2)
Sharon I blame U for starting this thread, happy DC?

Goodnight all.

[20-09-2008,23:18]
[**.52.219.81]
Roy