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Canajun FinancesMy personal views and rants on home finances with a Canadian Perspective |
Growing Government
| Public sector employment | ||||
|---|---|---|---|---|
| Third quarter 2005 | Fourth quarter 2005 | Third quarter 2006 | Fourth quarter 2006 | |
| Public sector | ||||
| Government | ||||
| General government | ||||
| Federal | ||||
| Provincial and territorial | ||||
| Local | ||||
Now the numbers do bounce around a little at the Federal level, but still the Federal government is larger than it was last year at that time, so it is getting bigger. This might explain why there are so many NEW housing developments here in Ottawa.
A more interesting question is what about the aging Civil Service? A great many of them are close to retirement, and the Civil Service Pension Plan is very nice. This begs the question, what happens when all of these folk retire? Will there jobs simply disappear (might be the case in some areas), or will their work be dumped on existing folks (likely too), OR will we suddenly have another "hiring binge" in Ottawa (also possible)? Stay tuned folks. --C8j
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