Federal Finance Minister Joe Oliver issued a brief statement today on Statistics Canada’s revised job numbers in advance of a noon-hour speech in Winnipeg.
The national statistics agency this morning corrected its July employment figures, saying 42,000 jobs were created across the country, not a paltry 200, as it previously reported. The agency blamed the mistake on an overhaul of its Labour Force Survey.
Oliver said since the Conservatives came to power in 2006, Canada has had the best job creation record in the G7 and is leading in economic growth.
"In fact, we have created almost 20 per cent more jobs on a per capita basis than our closest competitor. Of the one million net new jobs created nearly 90 per cent are full-time and nearly 80 per cent are in the private sector," he said.
Oliver warned Canada is not immune to global economic challenges, particularly as it relates to some of its biggest trading partners, such as the United States and Europe.
"Monthly employment numbers can be volatile," he said in the only reference to the corrected Stats Can figures. "What is more important is the long-term trend of job growth in Canada."
Oliver will address a luncheon at the Fort Gary Hotel hosted by the Manitoba Chambers of Commerce. He is to speak on the state of the Canadian economy and federal support for Manitoba and Winnipeg.