Can capitalism help save republicanism – and the United States?

It’s time to give individuals personal ownership of their data and, in essence, an equity stake in the new means of production

Can capitalism help save republicanism – and the United States?Canadians turning their gaze south are becoming increasingly concerned that the United States is descending into anarchy and despotism. Apart from the chaotic White House, the dysfunctional Congress and the astronomical public debt, American society is becoming dangerously divided as powerful forces continue their relentless concentrations of wealth and power. This is a far cry…

Is there economic salvation for Alberta in 2019?

The rise of intangibles is the most significant transformation in capitalism since the industrial revolution. Now we have to monetize it

Is there economic salvation for Alberta in 2019?Alberta's economy has lurched toward crisis and panic this year. With the energy industry floundering, is there an alternative economy that could lead Alberta out of the wilderness? Surprisingly there is. And we don't have to start from scratch to renew growth. The resources are right in front of us, hidden in an obscure place…

Canadian economy staring into the abyss

We are weeks away from a systemic collapse of large parts of the energy industry in Canada. We need to act quickly and decisively

Canadian economy staring into the abyssJust how close is the Alberta oil patch to catastrophic failure? In an informal and I admit very unscientific review of sentiment in Calgary's oil patch conducted by Alberta Council of Technologies (ABCtech) officers last week, a chilling tale of fear emerged. With Western Canada Select crude (WCS) bottoming out at less than $10 a…

Energy East pipeline represents Canada’s salvation

It’s time to send a clear message to the United States and OPEC that Canada is in charge of its own destiny

Energy East pipeline represents Canada’s salvationYou know things are bad when private-sector companies like Cenovus Energy are begging NDP Premier Rachel Notely to use the powers of government to curtail oil production in Alberta. But the gruesome truth is, at US$14 per barrel, Western Canadian Select (WCS) is essentially a giveaway.  This is bad for business (with the exception of…

The politics of blame: modern progressives vs old-school liberals

Modern progressives see proof of social oppression around every corner. They believe society in general is to blame

The politics of blame: modern progressives vs old-school liberalsThe breaking point for me was Pittsburgh. This murderous act of anti-Semitic horror, when combined with the relentless breakdown in social civility, has made me face an unpalatable truth: something has gone very wrong with modern society. Our entire civilization is speeding to toward fragmentation and decay – Brexit, Donald Trump, warring political partisanship, rising…

Time for Canada to forge its own trade destiny – outside USMCA

NAFTA made us dependent on the U.S. The new trade deal will do more of the same. We need to globalize our trade perspective

Time for Canada to forge its own trade destiny – outside USMCANow that the dust has settled on United States-Mexico-Canada Agreement (USMCA), what are the key takeaways and what should Canadians be doing next? The first and most obvious takeaway is acceptance: this deal is poison. USMCA does not create a free-trade zone. In fact, the words 'free trade' never appear in the documents. This is…

Can we avoid another financial crisis?

We need to embrace intangible assets. And the lending world and investors need to free up funds to support intangible creators

Can we avoid another financial crisis?Could intangibles help avert the next financial crisis? Yes. And they'd better, because the train of global prosperity is about to jump the track and intangible assets are the only possible salvation. Today's headlines are depressing. There's a constant stream of negativity led by U.S. President Donald Trump's assault on the North American Free Trade…

Canada can’t afford to be bullied by Trump on trade

What the president really wants is the surrender of Canadian sovereignty, to create a semi-colonial dependency

Canada can’t afford to be bullied by Trump on tradeU.S. President Donald Trump is, once again, blaming Canada for delays in concluding North American Free Trade Agreement (NAFTA) negotiations. There's nothing new in this but this time Trump is bringing in high-powered congressional guns to lambaste Canada. Trump loyalist and Republican Congressman Steve Scalise lowered the rhetorical boom: “Mexico negotiated in good faith and…

The upcoming human capital revolution

Despite fears about artificial intelligence taking jobs, people, ideas and innovation will grow in importance as the century unfolds

The upcoming human capital revolutionThe 21st century is going to be very different. If you're in business, a knowledgeable and skilled workforce will be essential. Despite the fears about artificial intelligence taking jobs, people, ideas and innovation are becoming more important as the century advances, not less. It’s now obvious that we live in a largely digital, technology-driven knowledge…

Banking on intangible assets to build your business

Recognizing and capitalizing intangibles is the key to opening new financing opportunities for SMEs

Banking on intangible assets to build your businessIt’s commonly accepted that banks can’t finance small to medium-sized enterprises (SMEs) these days. Many SMEs lack the traditional collateral grade assets and/or reliable cash flow that banks need to write a commercial loan or extend a working line of credit. Regrettably, lack of bank financing forces many emerging companies to turn to alternative capital…