We'll likely be able to celebrate a more normal December holiday season in 2021. The hard part's getting there
We’ve just marked (I won’t say celebrated) the first anniversary of the pandemic. And we have a long way to go – but we need to stay diligent. A year ago, when it was just starting, most of us expected that the resulting fear, uncertainties and restrictions would be over in a few weeks. As…
Business leaders should help build up capacity through mentorship and coaching, then start looking to spend at Indigenous suppliers
Jeff and William approached me in the fall of 2019 about helping with their ecotourism business. They started the business in 2014 and wanted help growing it and getting more clients. They felt if they could share their traditions and culture with the world, they could provide meaningful jobs for the youth of their community.…
Blocks entrepreneurship, economic growth and jobs
The introduction of a wealth tax in Canada is a recurring subject that has drawn new interest during the current COVID-19 crisis. It’s a temptation best ignored. In the 2020 throne speech, Prime Minister Justin Trudeau said, “The government will also identify additional ways to tax extreme wealth inequality,” arguing that it will help the…
The sheer scale of investment in the natural gas industry in Australia has yielded substantial economic benefits
By Mark Milke and Lennie Kaplan Canadian Energy Centre When U.S. President Joe Biden recently revoked the presidential permit for the Keystone XL pipeline, it was a reminder of how anti-oil-and-gas activism and politics over the years can kill Canadian (and American) jobs. It was also a reminder of how dependent Canada is on one…
The sustainability of Alberta’s forest industries will be strengthened through a new $4.125-million research chair being established at the University of Alberta. The Endowed Chair in Forest Growth & Yield, being established in the Faculty of Agricultural, Life and Environmental Sciences (ALES), will focus on research that improves understanding of the growth of Alberta’s forests. “The new…
Young people who graduate into a recession often take decades to recover
As we bid farewell to 2020, an annus horribilis if there ever was one, spare a thought or two for Canada’s youth. Hard as 2020 was on Canada a whole, young Canadians are paying big time for the unavoidable consequences of COVID-19. Many Canadian young people were supposed to be having the proverbial ‘time of…
But will the federal government step up to the plate?
The sweeping structural unemployment across Canada requires our collective attention. It’s time to take a deep dive into the changes happening in the workplace and ensure our young people are empowered for success in the new global economy. Canada’s economy isn’t immune to structural change. The advent of industrialization, manufacturing and, more recently, the information…
Fiscal federalism, the lifeblood of the region's economy, faces increasing pressure for reform, especially in the post-COVID-19 world
Massive government spending has landed the four Atlantic provinces at the bottom of economic freedom rankings among the 10 provinces and 50 U.S. states, according to the new Economic Freedom of North America report. Newfoundland and Labrador and Prince Edward Island are tied at the bottom, just below Nova Scotia (58th) and New Brunswick (57th).…
Motivated employees are the lifeblood of every great business. Understanding what you can do to motivate your workers is essential
It’s true that people don’t quit a job, they quit a boss. A great boss can change the dynamics of an organization and inspire people to create a culture where work doesn’t feel like a chore. Motivated staff are key to having an operation that’s well functioning and takes care of customers in a way…
A better future awaits if we use this period of uncertainty to work on our mental, physical and career well-being
Dread isn’t too strong a word to describe the feelings many have about the winter about to start. The COVID-19 virus is reason enough to worry. There’s not much individuals can do about that except follow all the good advice about staying safe. However, there are two other major depressing impacts of COVID-19 that we…