How much will it take for the Eurozone to cut Greece loose?

Expecting that a debt problem will be solved by more debt simply defies common sense and reality

How much will it take for the Eurozone to cut Greece loose?How much will it take for the Euro zone to cut Greece loose? FREE to subscribers VICTORIA, BC, Apr 8, 2015/ Troy Media/ - The latest Greek bailout request being debated at EU headquarters in Brussels is yet another chapter in what must surely be the longest playing national debt drama in modern history. Ironically, the…

Canada’s healthcare system financially unsustainable

The only country in the world that forbids competition with the public healthcare system

Canada’s healthcare system financially unsustainableCanada’s healthcare system financially unsustainable FREE to subscribers VICTORIA, BC, Mar 3, 2015/ Troy Media/ - Here’s a little thought quiz to start your week. Which of the following characteristics come to mind when you hear the term monopoly service: efficient, customer-oriented, innovative, high quality, low cost? If you answered “none of the above”, you…

We should have seen a collapse in oil prices coming

Back in the ’80s, the Saudis also pulled the plug after their market share was threatened

We should have seen a collapse in oil prices comingDownload We should have seen a collapse in oil prices coming VICTORIA, BC, Feb 4, 2015/ Troy Media/ - The Los Angeles Times headline reads, “Oil Glut, Price Collapse Spreads Across World Economies: As producers squirm, other nations rejoice”. That headline describes the current situation perfectly, but it appeared on March 2, 1986; almost three…

Special interest groups eroding Canada’s prosperity

A society that doesn’t understand how its wealth is generated is destined to lose it

Special interest groups eroding Canada’s prosperityTHIS CONTENT IS FREE to use in your publication or on your website. Download now. VICTORIA, BC, Jan 7, 2015/ Troy Media/ - It’s been 30 years since Mancur Olson, the late American economist, wrote Rise and Decline of Nations. The premise of his widely-acclaimed book is the longer a society enjoys political stability, the…

Opposition to pipelines an attack on Canada’s social programs

Few Canadians understand the detrimental impact blocking oil exports will have on them personally

Opposition to pipelines an attack on Canada’s social programsVICTORIA, BC, Jul 2, 2014/ Troy Media/ - Every day in Canada some 100,000 kilometres of pipelines carry three million barrels of oil to domestic and export markets. Yet in the midst of publicity campaigns by proponents and opponents, most Canadians lack a broader perspective from which to measure the risk/reward balance of this crucial…

Ontario fiddles while its economy burns

Rather than talking about creating jobs, Ontario’s leaders should be worrying about how many will be lost

Ontario fiddles while its economy burnsVICTORIA, BC, Jun 11, 2014/ Troy Media/ - The calculation underlying Ontario Progressive Conservative Leader Tim Hudak’s one million jobs plan is encountering heavy flak from economists. The Tories contend that their nine point economic platform would create half million of those jobs, while another half million jobs are assumed to occur anyway. But that…

BRIC economies hitting a brick wall

Foreign investors are shunning the world’s former go-to countries in favour of a strengthening West

BRIC economies hitting a brick wallVICTORIA, BC, Jun 10, 2014/ Troy Media/ - A recent article in Germany’s Der Spiegel newspaper headlined, Developing Economies Hit a BRICS Wall, captured the global economic question of the decade. It’s been 12 years since Goldman Sachs Investment Banker Jim O’Neil predicted that Brazil, Russia, India and China would take over global economic leadership…

First sign of thaw in overcoming skills shortages

BC, Alberta and Saskatchewan's recent skills-training agreement must be emulated coast to coast

First sign of thaw in overcoming skills shortagesVICTORIA, BC, May 4, 2014/ Troy Media/ - Increasing the supply of skilled tradespersons has rapidly become the country’s most critical educational need, yet barriers to training remain virtually unchanged. Applicants often face long waiting lists because funding hasn’t grown in concert with that need, while huge sums are being spent turning out post-secondary graduates…

Major educational reform required to overcome skills shortages

By 2016 Canada could be facing 1.5 million vacancies for skilled jobs

Major educational reform required to overcome skills shortagesVICTORIA, BC, Apr 8, 2014/ Troy Media/ - Statistics Canada data shows that employment in the professional, scientific and services sector hit a record high in December while factory jobs have continued to decline. The new jobs pay better than the old jobs being lost, a trend that presents an historic opportunity to build national…

P3s answer to bridging infrastructure funding gap

Public-Private-Partnerships provide lower-cost, higher-quality public infrastructure at a cost cash-strapped governments can afford

P3s answer to bridging infrastructure funding gapVICTORIA, BC, Mar 25, 2014/ Troy Media/ - The federal government’s recent announcement of new $14 billion Building Canada Fund brings Ottawa’s total 10-year national infrastructure commitment to $70 billion, the largest in Canadian history. But according to the Federation of Canadian Municipalities that still leaves a gap of over $200 billion required to repair…