Young entrepreneurs will lead the way for Canada

To ensure our economy is not bogged down with old ideas, we need bright, young people with a taste for the new and innovative

Young entrepreneurs will lead the way for Canada‘Everything that can be invented has been invented’. This possibly apocryphal quote is attributed to Charles H. Duell who headed the U.S. Patent office in 1899 and suggested closing the office down. Now we look at all that has been invented and implemented in the 12 decades since and are amused. In the 21st century,…

Open trade will do more for the poor than a ‘living wage’

Free markets and open borders are what keep the costs of food and other goods that we buy down

It is only fair that in a nation as rich as ours, everyone should have a living income. Raising the minimum wage to $20.64 per hour, however, will not solve the poverty problem. That hourly wage is proposed by the Canadian Centre for Policy Alternatives and others. First, not all minimum wage earners live in…

The cloudy economic forecast is all wet

In Canada and the United States, wages are rising, poverty is falling and spending is on the rise – but we can't be complacent

The cloudy economic forecast is all wet“The rich are getting richer, the poor are getting poorer. Where are the jobs? And we don’t even want to talk about what is happening in America.” This gloomy recital often follows if I reveal that I'm an economist (a practitioner of the dismal science). But this very widespread perception of the economic world is way too pessimistic. In fact, recent…

CETA good for Europe, and good for us

A collection of labour organizations, environmentalists and other groups oppose CETA by ignoring the economic benefits

CETA good for Europe, and good for usRiots against Canada – in Germany? Canadians like to think we are an example of how a country should be: peaceful, prosperous, democratic, clean and mainly green. We state proudly that the world needs more Canada, especially when compared to nations like Zimbabwe, Syria, Nigeria and other failed states facing tyranny, war, famine and disease. And if anyone demonstrated…

How to get an education that pays off

Education institutions view students are customers, and offer programs students are lining up for, whether jobs will be there upon graduation or not

How to get an education that pays offPost-secondary education used to be reserved for the very rich or the very bright. Now, most high school grads are fighting to get into the universities which are expensive and getting ever more choosy. Why? A high school diploma alone does not open doors to a good job or a career. The justification for putting…

Are the days of teachers coming to an end?

No, but because of how students learn today means that the role of the teacher has to change drastically

In the spate of recent violence, one incident that got little coverage resulted in six deaths and more than 100 injured – more than half of whom were police. The event occurred in Mexico in June. It was instigated by teachers who opposed the imposition of mandatory testing on themselves. Although their methods were deeply…

Make your current employees your hiring allies

Your current workers can do a good job finding suitable workers for free or for a small cost

Make your current employees your hiring alliesIt is August. Fall clothes and back-to-school items appear in the stores. So do help wanted signs, as students leave their summer jobs hoping to enjoy the last bit of summer before heading back to their studies. Employers are faced with the task of filling those newly vacated positions. Staffing will be a major challenge,…

Innovative risk-takers will resurrect our economy

But we need a policy regime that encourages these innovators to find new ideas, then gets out of their way while they pursue them

Innovative risk-takers will resurrect our economyHow can the sluggish Canadian economy generate more wealth for all of us? We need to find ways to encourage the innovative thinkers among us. We all wouldn’t mind at least a little more income. And most of us would like to see that increase spread around a little more evenly. But Canadian income growth, especially…

How Brexit will affect Canada

Britain's withdrawal from Europe may hurt Canada’s access to the much-larger European markets

How Brexit will affect CanadaBrexit is a game changer but how can one country’s decision to leave an economic union affect that nation, its former partners and the world, including Canada? Any real changes in trade conditions, labour mobility, etc., will take at least two years to define, negotiate and implement. But negative anticipation and uncertainty have already thrown…

Giving First Nations the power to flourish

Across Canada, significant projects have improved conditions in many communities, thanks to a funding model that demands accountability

Giving First Nations the power to flourishFirst Nations have long been the stepchildren of the Canadian economy. But a funding initiative is changing that. By measures like income, health, longevity, access to services and others, many First Nations people fall well below what are considered normal levels in the rest of Canadian society. The resulting problems rightfully disturb us all. Insufficient and/or…
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