Lack of ride-sharing legislation stalls an innovative industry

The ride-sharing industry must operate within a competitive environment rather than be regulated beyond the public’s choice

Lack of ride-sharing legislation stalls an innovative industryThe ride-sharing industry faces regulatory roadblocks as it tries to gain traction across the country. Led by Uber, the industry is disrupting traditional transportation by providing people with alternatives to taxis and buses. The competing choices now include one’s own vehicle, public transit, taxi or Uber (or a similar service). As the ride-sharing industry spreads…

Gender diversity doesn’t guarantee higher returns

While gender diversity is a good idea, management should remain focused on how to adapt to new opportunities or potential hazards

Gender diversity doesn’t guarantee higher returnsA few months ago, State Street Global Advisors (SSGA), the self-described "third largest asset advisor in the world," celebrated the first anniversary of its creation of a new specialty exchange traded fund. Its name is a mouthful: the SPDR SSGA Gender Diversity Index ETF (SHE). An exchange traded fund, or ETF, is a basket of…

Wab Kinew proof that Manitoba can work for everyone

The fact that an Indigenous person is now the leader of Manitoba’s main opposition party, and a possible Premier, is very good news

Wab Kinew proof that Manitoba can work for everyoneThe dust has still not settled after Wab Kinew was elected as the new leader of Manitoba’s New Democratic Party. He has admitted to past indiscretions, but revelations of a domestic violence charge from some years ago gave rise to a flurry of negative comments from political commentators. Some hinted at a double standard based…

Is there really bias in the news media?

Don’t expect objectivity from newspaper and television news, which tend to lean left

Is there really bias in the news media?A recent Gallup poll in the United States revealed that while 62 per cent of Democratic Party voters trusted the media, only 14 per cent of Republicans believed the media regularly got the facts straight. Is there really bias in the news and public affairs media? Is the Pope Catholic? Is the Dalai Lama Buddhist?…

Pipeline opponents ignore risk of rail fatalities, contamination

Those who fight pipelines and shrug at the higher risks of rail transportation are naive at best and deceitful at worst

Pipeline opponents ignore risk of rail fatalities, contaminationThe Canadian economy is dependent on oil and gas, including the pipelines that transport them. Billions of dollars in fossil fuel exports pay for nearly all the things Canada doesn’t produce; Canada is a net importer of everything else. Yet the opponents of fossil fuels don’t seem to care that their opposition to pipelines will…

Crown corporations are the weak link in economic growth

They lack the discipline of the marketplace and the ambition that comes from a desire to grow and improve to gain profit

Crown corporations are the weak link in economic growthThe free-market corporate world has mechanisms to fix its messes. Not so the realm of Crown corporations. There have been a number of problems in ordinary corporate governance in recent decades. Boards of directors are charged with supervising management of market corporations. Boards establish performance standards for managers and set their pay levels. They also…

Taking the air out of Airbnb

Toronto and Vancouver have restricted Airbnb listings to a primary residence. The number of listings is dropping fast

Taking the air out of AirbnbIn Canada, Airbnb is getting … well … deflated. The ironic reason is that it’s become too popular. Airbnb is an online service for “Air bed and breakfast.” It's for guests who want a cheap place to stay the night, even if it's on an air mattress. Since its 2008 launch in San Francisco, Airbnb…

Tax reforms will put the brakes on economic growth

Professionals, farmers and entrepreneurs are paying their fair share; raising their taxes will dampen investment and risk-taking

Tax reforms will put the brakes on economic growthInstead of clamping down on the entrepreneurs who drive Canada's economy, the federal government needs to back off on all taxation. The federal government is determined to eliminate the perceived income tax benefit provided to people who incorporate. The argument is that those who incorporate get an unfair benefit at the expense of Canadians who…

Give First Nations priority access to marijuana industry

Indigenous communities should have the same access that private sector parties are demanding

Give First Nations priority access to marijuana industryThe legalization of marijuana in Canada in July 2018 gives the federal government an opportunity to bring communities – including Indigenous ones – into this lucrative sector in a big way. For example, Manitoba’s Opaskwayak Cree Nation recently took a major stake in a medical marijuana company. OCN purchased $3 million in shares in National…

Justin’s tribalism the opposite of his father’s one Canada vision

Imagine what Pierre Trudeau would have thought of his son's hyphenated Canadian fixation

Justin’s tribalism the opposite of his father’s one Canada visionLike father, like son? Not so for Prime Minister Justin Trudeau, who appears to have selected a path at odds with the best of his father's legacy. Pierre Trudeau, even as one of the most divisive prime ministers in Canadian history, was a champion of a singular, unifying notion: one Canada. He boldly fought to…