Canada Economics

Dredging Up the Dreaded Economic "D-Word"

Peter Hall | Posted 11.06.2014 | Canada Business
Peter Hall

You thought it was dead for good. So did I. It's a proven misfit in an ever-globalizing world. But the 'D' word is back. The U.S. economy is on the move, but Europe is stuck in the mud. Suddenly, there's lots of talk -- once again -- about decoupling.

Want a Successful Family? Learn From Same-Sex Parents

Marina Adshade | Posted 09.09.2014 | Canada Living
Marina Adshade

Different-sex parents, apparently, have a few things to learn about how to run a household from same-sex parents. New evidence concludes that because same-sex couples allocate household chores based on each individual parent's suitability for the job, rather than on gender stereotypes, children from those homes are growing up in happier and more harmonious family environments.

Yes, Climate Change Will Hurt Your Bottom Line

David Suzuki | Posted 09.08.2014 | Canada
David Suzuki

Those who don't outright deny the existence of human-caused global warming often argue we can't or shouldn't do anything about it because it would be too costly. Take Prime Minister Stephen Harper, who recently said, "No matter what they say, no country is going to take actions that are going to deliberately destroy jobs and growth in their country." But in failing to act on global warming, many leaders are putting jobs and economic prosperity at risk, according to recent studies.

Important Lessons From the Bacterial Equivalent of Human Society

Jason Tetro | Posted 09.05.2014 | Canada
Jason Tetro

In terms of statistics, 12 per cent grew antibiotic resistance and became marginalized from others. Twenty-eight per cent of the population chose a wealthy style, happily living in their gated biofilms. Half of all the bacteria decided to take a middle-class lifestyle, choosing an easy nutrient source and never engaging in any extreme activity.

We Need to Rethink the Canada Health Act, and Fast

Dr. Brett Belchetz | Posted 08.27.2014 | Canada Politics
Dr. Brett Belchetz

Recently, a scathing report on the United States' health care system was issued. Surprisingly, little was made of this report in Canada. This was a shocking oversight, given that our performance on this same report was abysmal. Our health care system ranked second last in the study. How did our once-vaunted health care system become such a very expensive failure?

Did You Know Supermarket Loyalty Programs Have Public Health Rewards?

Jason Tetro | Posted 07.12.2014 | Canada
Jason Tetro

Knowing the source of the virus, the team sent out an advisory to the general public concerning the risk of consuming the berries and hoped they would not be dealing with a large-scale problem. Thankfully, only a few more cases appeared; they too had come into contact with the contaminated culprit.

Washing Your Hands Can Help Save Lives

Jason Tetro | Posted 07.04.2014 | Canada Living
Jason Tetro

However, one action, hand hygiene, learned in our youth has an incredible ability to keep us healthy, but also to ensure an even safer world. Because of this link between hand hygiene and health, the WHO has set aside May 5th as a day for celebration of this part of our daily life.

The Government Is Pulling Away From Health Care Spending

Livio Di Matteo | Posted 06.08.2014 | Canada Politics
Livio Di Matteo

Expenditures on public health care in Canada appear to be slowing, raising the possibility that the health care cost curve is finally being bent and the system transformed. What does this mean? The economy will eventually recover and relax provincial health expenditure constraints, but federal health transfer growth will be reduced starting in 2017.

Measuring Progress with GDP Is a Gross Mistake

David Suzuki | Posted 04.28.2014 | Canada Business
David Suzuki

Governments, media and much of the public are preoccupied with the economy. That means demands such as those for recognition of First Nations treaty rights and environmental protection are often seen as impediments to the goal of maintaining economic growth. The gross domestic product has become a sacred indicator of well-being. Ask corporate CEOs and politicians how they did last year and they'll refer to the rise or fall of the GDP. It's a strange way to measure either economic or social well-being. Whatever we come up with, it has to be better than GDP with its absurd emphasis on endless growth on a finite planet.

Why Canada Needs a Basic Income Pilot To Reduce Poverty

Jesse Helmer | Posted 04.22.2014 | Canada Politics
Jesse Helmer

The point is not that specific credits or programs should be replaced or specific tax increases should be adopted -- but that it will take change on this scale to introduce a basic income that will make a real difference in terms of poverty. If we are serious about reducing poverty, we must confront these choices head on.

What the TransCanada Pipeline Will Really Cost Us

Carl Duivenvoorden | Posted 04.08.2014 | Canada Business
Carl Duivenvoorden

Because Alberta oil is landlocked and therefore traditionally sold below world prices, it's been suggested that bringing it east will lower energy prices for us. It's probably more realistic to expect that Alberta crude will get more expensive as soon as a pipeline links it to us, and the world market.

When More Cancer Is Good for GDP Growth, We're Measuring Things Wrong

Jim Harris | Posted 02.22.2014 | Canada Business
Jim Harris

Ask any economist and they will tell you that GDP growth is good. So if more people get cancer, that's great, because spending on health care increases. But you don't have to be a rocket scientist to know that more cancer, catastrophe and war are not good.

Coffee's Complicated Relationship With Capitalism

Adam Pesce | Posted 01.23.2014 | Canada Impact
Adam Pesce

The concept of sustainability is not just a feel-good marketing concept; it is both a moral and functional imperative. And so, to make the financial case for paying farmers more is simple: if we don't do it now, there won't be coffee to sell later. To make the humanitarian case for it is just as simple: coffee farmers deserve better.

Canadian Flight Prices Need to Ground

Michel Kelly-Gagnon | Posted 08.23.2013 | Canada Business
Michel Kelly-Gagnon

Perhaps you flew off for holidays this summer. Compare any return flights between pairs of cities in Europe and in Canada, with roughly the same distance, and you'll notice a staggering difference in price. Flying from an airport south of the border is cheaper, too.

Adam Smith Called: He Wants Warning Labels on Gas Pumps

Rob Shirkey | Posted 10.22.2013 | Canada Impact
Rob Shirkey

Our dominant economic paradigm is premised on a worldview that we are self-interested, wealth-maximizing beings that respond like automatons to price signals. I think we're more than that. Our labels engage this part of us and are ultimately more congruent with what we are as human beings.

Financial Advice from Germs

Jason Tetro | Posted 10.03.2013 | Canada Living
Jason Tetro

2012-05-28-GermGuyBanner.jpgThere are a number of human financial gurus working to help you become wealthy, and their advice is based on years if not decades of knowledge and experience. However, there are a number of microbial economic geniuses who have centuries of expertise developing "economic" success. Germs seem to have knowledge to keep economies solid.

Why the Big Three Are Right About Verizon

Michel Kelly-Gagnon | Posted 10.01.2013 | Canada Business
Michel Kelly-Gagnon

At first sight, the reaction of the three big players to Verizon's possible entry onto the Canadian market seems to be another illustration of their tendency to quash competition. A casual observer might be tempted to think that they're trying to secure government protection against a new player that poses a real threat to their market shares. Nothing could be further from the truth.

Why Calgary Should Consider a Winter Stampede Post-Flood

Adrian Brijbassi | Posted 09.07.2013 | Canada Travel
Adrian Brijbassi

The benefits of a winter carnival branded with the Stampede name are massive. Given how close the city was to seeing its biggest tourism event wiped out, having a cushion made of the dollars a second $150-million-plus annual festival would bring in may be worth discussion.

Climate Change Narratives Must Speak to the Public

Sangita Iyer | Posted 08.31.2013 | Canada Politics
Sangita Iyer

Unfortunately, extreme weather events are becoming all too common, as they turn out to be more frequent and furious than ever before. Environmental advocates are quick to point out the "teachable moments" by linking the drastic weather patterns to climate change. However, they need to walk the fine line to ensure that they don't come across as overzealous or self-righteous in their attempts to spur public engagement, as this could turn people off and thwart even their most sincere and genuine efforts.

5 Reasons Price Gouging Should Be Legal (Especially During Disasters)

Peter McCaffrey | Posted 08.24.2013 | Canada
Peter McCaffrey

It's obviously troubling that a small number would use the disaster as an excuse to loot; to violently steal another person's possessions, cause damage and inflict even greater misery on an already suffering community. But is price gouging really at all comparable to looting? I'm disappointed not that price gouging is occurring, but that it's only been isolated.

The World's Highest Potential Resource is Not What You Think

G(irls)20 | Posted 08.14.2013 | Canada
G(irls)20

2013-06-12-blog_girls_20_summit_v01A.png When we talk about natural resources that can drive economic benefit the conversation usually turns to gas and minerals, or sun and wind. What if I were to tell you that the world's most underutilized and highest potential resource is all around us? She may be standing next to you, she may be in a village far away, she may even be you.

Why Do Canadians Still Tolerate Political Scandals?

Gerry Som | Posted 08.13.2013 | Canada
Gerry Som

Last December, I wrote a blog post about my thoughts on how to prevent political scandals in 2013. Yet, I read the newspapers or online news in Canada...

Making Entrepreneurs out of Indian Housewives

G(irls)20 | Posted 08.12.2013 | Canada Impact
G(irls)20

2013-06-12-blog_girls_20_summit_v01A.png I believe that women entrepreneurship will not only give a boost to the economy by increasing the number of employed people and leading towards a more gender-equal growth. Not being financially independent is one of the main factors that prove as a hindrance in self-empowerment of women, especially in patriarchal societies like India.

What if All the G20 Leaders Were Girls?

G(irls)20 | Posted 08.07.2013 | Canada Impact
G(irls)20

2013-06-12-blog_girls_20_summit_v01A.png Imagine the G20 Leaders (Zuma, Obama, Harper, Pena Nieto, Rousseff, Fernandez de Kirchner, Jinping, Keqiang, Yudhoyono, Abe, Geun-hye, Singh, Putin, Erdogan, Merkel, Hollande, Cameron, Letta, Abdullah and Gillard). Open your eyes. Now imagine 20 girls. What you see are the G(irls)20 Summit delegates.

Who Suffers When Minimum Wage Increases?

Yanick Labrie | Posted 05.14.2013 | Canada Business
Yanick Labrie

Empirical studies on the matter carried out here in Canada are unequivocal: Raising the minimum wage leads to increased unemployment, especially among the young, who have less experience and qualifications.