After the US, Canada has the second highest CEO-to-worker pay ratio. Last year, for instance, the CEO of BCE, George Cope, received $11.1-million in compensation. This staggering sum is nearly 200 times more than what a Bell Canada technician in Toronto makes and 2,000 times the pay of an Indian call-centre worker who responds to Bell customers.
The best part of this, that very few people caught, is that they are for now only going to sell the "plus-size" clothing online. Not at the stores. Apparently, Abercrombie has standards. The "fat, uncool" women cannot go into the stores. They can shop online, where they belong.
If 3D printing continues to advance the way it has, then it will change everybody's lives. No longer does it exist solely in dreams and imaginations. It is here and exponentially growing.
Some manufacturing is coming back to America, to be sure, but not the assembly line jobs that used to be the core of manufacturing employment. Computerized machine tools and robots are doing an increasing portion of the work -- which is why many companies can afford to bring their factories back here. Get it? Technology and globalization are driving the good deals American consumers are getting this holiday season. But the same forces are keeping wages down, and are even on the verge of eliminating many of the low-wage retail and related service jobs many Americans now need to make ends meet. To put it another way, American consumers getting great shopping deals are also American workers on the losing end of those same deals.
The biggest loss to the CBC is that it will no longer be able to access a working-class crowd because this very important Canadian audience only gravitated to CBC for HNIC and the presence of Don Cherry. The loss of Cherry and Hockey Night in Canada is a lost opportunity for CBC to escape its uptight Waspish politically correct, elitist/urban/sophisticated Toronto-centric shtetl.
At the root of inequality is a moral choice: we either believe in the maxim, "I am my brother's keeper, I am my sister's keeper," or we don't.
How is it that our land, supposedly the beacon of freedom and democracy for the rest of the world, puts so many of its own people into prison? And why has the number climbed so drastically since 1980?
Over the past few weeks the various media have inundated us with housing projections, prophecies and prognostications. The housing market is going up -- or going down! (compared to what?) What do those headlines even mean? Are housing starts up? Are housing prices up? Are the number of homes sold up? Or are more and more people building and living in concrete high rises?
Searching for the perfect gift for friends or family this season? Think outside the sock drawer and get them something they really want...TECH! With so much new and cool tech to choose from, I've narrowed down just what to look for this season to satisfy everyone on your gift list.
As of yesterday, our hard-won new cell phone customer protection rules go into effect for all new cell phone contracts/sales. The new rules, which were announced by the CRTC (Canada's telecom policy-maker) in June, apply right across Canada, so cell phone users from coast to coast to coast will benefit. These new cell phone customer protection rules will not be enough to rein in Canada's Big Telecom giants, but this is a step in the right direction.
In the past two days we've seen a federal judge rule that Detroit can go bankrupt, putting its workers' pensions in jeopardy, and we have seen Illinois' legislature vote for substantial cuts in its retirees' pensions. Undoubtedly these two actions are just the tip of the iceberg.
Cliffs will suspend indefinitely its Chromite Project in northern Ontario. It's time for all of us to take a deep breath and turn our attention to designing a thoughtful regional strategic environmental assessment so that the ecosystems in this area can be maintained, First Nations respected and industry can finally get the certainty it seeks.
I get asked all the time by prospective home sellers whether they should sell their home first and then buy, or whether they should buy first and then sell. The short answer is that there is no right decision, and there are advantages and disadvantages to both options.
Nicaragua is a land of extremes: a deeply scarred paradise with placid lakes and active volcanoes; warm, welcoming people, divided by class and polarized by politics. Yet, in this divisive environment, Canadian-assisted co-ops are a unifying force, bringing people together to work for the common good.
For all the pre-crisis talk about resource scarcity, the rarest commodity since crisis hit is confidence. But now, it's the comeback kid of the global economy: the long hibernation is over, and across a number of heavy-hitting economies, confidence is normalizing.
In 2014, the tech world will be less about reaching for mobile devices to check social streams and more about one-to-one or one-to-few connections using apps such as SnapChat and WhatsApp. Real business impact will come from these connective apps and will continue to erode revenues for conventional telcos. The next year will be less about social networks, and more about social connections. Hopefully.
As this year draws to a close and people look ahead to 2014, the phrase "I plan on pursuing entrepreneurship" is being heard around the world; in boardrooms and basements and everywhere in between. But what does that really mean?
Ah, organic foods. Mysterious and pretentious. Some people swear by organic foods to avoid the "hidden dangers" of conventional products, whereas others completely ignore anything organic, equating the term organic with expensive. But what does "organic" even mean, and is eating organic better for you?
As an entrepreneur or expert in your field, you need to stay ahead of the competition. Journalists are constantly seeking experts in a wide-rage of fields to be their "go-to" authorities, to provide comment on current affairs or on industry stories they are writing, or simply to help understand complex issues that they are covering. So, get on their radar screens!