Economy

CP

Loonie, TSX End 2015 On A Weak Note

TORONTO — The Canadian dollar was holding steady as the Toronto Stock Exchange was set to begin the last trading day of 2015 much lower than it began the year. The loonie was at 72.07 cents U.S., up 0...
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This Is How The Underground Economy Shortchanges Canadians

It may be tempting to pay for certain things in cash because we think that saving a few dollars here and there can't hurt; however, we fail to see the larger impact of what happens when we do. The underground economy makes it challenging to protect the country's revenue base and hinders the government's ability to keep taxes low. When people pay in cash, they skip out on paying the taxes that support things like healthcare, education and public transportation -- the very social services we rely on every day.
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This Is How Police Services Can Do More With Less

Despite a falling crime rate, policing costs have nearly doubled in Canada over the past 25 years. In this context, it makes absolutely no sense to soak up police officers' time with tasks that should not logically be included in their job descriptions. Why not refocus the work of police officers on their essential duties, and employ other categories of personnel for auxiliary or administrative tasks?
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We Can Empower Women Through Education

What can G20 leaders do to economically engage and empower girls and women? Put simply, they need to invest in the re-structuring of the educational, business and political systems which are set up to inhibit female empowerment. Education is the essential catalyst for this process. Education is essential if a girl is to become independent.
ASSOCIATED PRESS

My Open Love Letter to American Apparel

American Apparel's energy and fashion risk-taking was refreshing, and I would venture to say that it revived a love for long-lost styles that have since been adopted and copied by many fast-fashion retailers. Blatant dare-to-dream mentality and unabated vision is so hard to come by these days. Whatever happens, American Apparel is an example of what to do.
Andrew Perez

Why London West Is a Microcosm for the Federal Election

On its surface, the suburban Ontario constituency of London West is like so many ridings in the province. Dotted with sprawling established neighbourhoods, the community's residents personify Protestant Ontario: reserved, small-c conservative and hardworking. But the economic landscape in London West has changed significantly since the Harper Conservatives took power almost a decade ago. With economic fears front and centre and conventional political wisdom out the window, this formerly unremarkable riding has quickly become a microcosm for the October 19 federal election
Canada, a G7 country, boasts one of the world's largest economies, ranking 11th in the world by GDP. The country's focus in recent years on resource extraction has had both its good points and bad; good, because high energy and commodity prices kept Canada's economy humming during the economic downturn of recent years; bad, because resource extraction brings with it environmental controversy, such as the one surrounding the Keystone XL Pipeline. How Canada resolves these tensions, and builds an economy for the 21st century, is among the central questions facing the country.