The emerging legalization of marijuana is an opportunity for continued and new business success in First Nation communities. As parts of the U.S. have started legalizing the sale of marijuana (and Canada is on its way), cannabis capitalists are flocking to invest in dispensaries and other marijuana-related projects.
Special interest groups have always staged PR events to try and gain coverage, but the real estate industry has decided to take a more "proactive" approach. Some members of the industry are turning regular journalism into "commerce journalism," by manipulating coverage in their favour, sometimes engaging in unethical practices.
Instead of crashing in 2008, countries like Canada, Australia, New Zealand, and the U.K. decided we just needed more money. The result? Soaring real estate prices, stagnating incomes, mounting household debt and lowered economic output have sent four of the largest economies in the realm into a massive bubble.
Like many diagnoses of slow growth, the effects of bad government policies often get overlooked. This matters because unlike commodity swings or global forces, governments can actually influence the direction of policy. But in recent years, we've seen an onslaught of growth-hindering policies in Canada such as spending-induced debt increases, higher taxes and increased regulation.
There is no look at intellectual property rights and what the deal means for drug prices or the potential for setting up a much-needed Pharmacare program in this country. The impact on supply management, and what that means for dairy farmers, processors and the milk we drink is only partially addressed.