"WE ARE THE 99%" became the rallying cry of a generation. The simplicity and inclusivity was said to be worthy of Madison Avenue. At once the conversation had shifted, and in that discourse, a word started coming up that used to seem unspeakable: class.
If you can't afford the monthly mortgage payment (and property taxes, and repairs and maintenance) your mortgage is too big. The "equity" answer is that if you have less than 10 per cent equity in your house, you are at higher risk of financial problems.
Much of what counts these days as "financial news" is simply a parade of self-styled "pros" peering into their crystal balls and telling the rest of us how to time the market, pick outperforming stocks or select "hot" mutual fund managers.
With the Where We Are Tour in full swing, it's time to admit it: I'm a self-proclaimed newbie Directioner. Yep, for real. While I'm not *that* obsessed to attribute my business growth to these lads, there's a thing or two that One Direction has taught me about being in business.
While this data unquestionably increases the efficiency of the economy in numerous ways, what is in question is whether consumers are ultimately benefitting significantly from those productivity gains or whether that surplus is being largely captured by these "big data platforms."
Allowing for more competition in public procurement would free up millions that could be reinvested in badly needed infrastructure projects and greatly reduce the risk of corruption inherent in a process that restricts bidding to a privileged few. Let the debate start now.
No long conversations at the urinal (a simple "Hey man" or nod is acceptable). And, absolutely no talking between stalls.
What I know now is that you'll never reach your potential until you assume some level of risk. It doesn't have to be your job, but leave something behind starting today. Stop holding on to what's good enough and make room for what's great.
Last week, Canadian beekeepers filed a class action lawsuit in Ontario Superior Court (Windsor) against two massive chemical companies, Bayer AG and Syngenta AG, for over $400 million in losses allegedly caused by neonicotinoid pesticides to Ontario bees. This is the first Canadian class action lawsuit filed for harm to bees caused by these widely used pesticides.
Let's face it: many people work better on a deadline. This is the same mindset that leads perfectly reasonable adults to the conclusion that saving for retirement can wait until tomorrow, until they get a raise or have taken the next vacation, or until they turn 30, 35 or 40. If you are approaching 40 and have procrastinated, it's time for a gut check.
With youth unemployment and underemployment remaining at stubbornly high levels, Canada must build on the success of its college system. In Ontario, one of the most significant changes that government can make is to expand the range of career-specific degree programs at colleges.
The expensive, one-day summit -- corporations are picking up a lot of the cost -- will be a self-serving exercise for both the UN and the corporations. UN Secretary-General Ban Ki-moon will issue meaningless platitudes. The invited government representatives will denounce global warming in general ways. And as usual, the culprits -- the air-choking corporations -- will not be named.
Leaving a job can often feel like a breakup. But what if that breakup is only a temporary? For many it is, and a study published this summer in Personnel Psychology, shows that "boomerang" employees, or workers who return to a company after leaving voluntarily, can comprise about 10 to 20 per cent of an organization's new hires.
This summer Mexico put in place a ban of food advertising to children. The target is junk. Restricting advertising to children is good policy as one part of efforts to have our kids eat nutritiously right from the start. However, in this increasingly interconnected world it is harder and harder for any one society to effectively constrain such promotions.
It's no secret that Canadian students are stressed out financially. Many graduates are taking on a significant level of student debt. Recent numbers from the Canada Student Loans Program reveal that in 2012-2013, 472,000 full-time students and 9,600 part-time students took out $2.6 billion in loans from the federal government. Between 2005 and 2012 alone, Statistics Canada also reported that student debt grew by 24 per cent. All of this reminds us that saving early for university or college should be a top priority for new parents if they want to help set their kids up for the greatest potential success.
Environmentalists paint a dire picture of our forests, whereas in fact, as my colleagues Jasmin Guénette and Pierre Desrochers recently demonstrated, they're actually doing rather well.
Moves like this don't escape the notice of financial markets, though. Exports will increasingly benefit from the nascent weakening of the Canadian dollar, but the emergence of surpluses may attract portfolio inflows that stem the slide of the loonie. On balance, we don't expect a reversal in our dollar, but there is a risk that as in the past, markets will overreact.
The Internet being a global phenomenon, there is now an obvious discrepancy between the rules applying to Canadian broadcasters, and what companies like Netflix can "broadcast" in Canada through a website or an app. When certain companies are subject to restrictive regulation while some of their competitors are not, there are calls from the regulated companies for the same rules to apply to their competitors.
Shrinking square footage not only cuts down on chores -- it's a lifestyle change all about living with less and decreasing environmental impact over time.