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The combination of four factors, globalization, outsourcing, automaton, and the increasing adaptation and use of artificial intelligence is taking a growing toll on the low-income and middle-class sections of the society in developed countries, which is prompting the debate for the introduction of universal basic income.
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Many Western countries have followed a policy of neoliberalism for the last few decades. A combination of privatization, deregulation including financial deregulation, free trade and globalization characterize neoliberalism. Neoliberalism has been a boon for global economic growth; both developed and developing countries have benefited from neoliberalism in terms of high economic growth.
Quebec Economy Minister Jacques Daoust announced that the Quebec government would be "investing" $1.3 billion in taxpayer money in Bombardier's beleaguered CSeries aircraft line, and promptly turned around to prod the new Trudeau government in Ottawa to pony up a similar contribution.
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Globalization has brought significant benefits to the global economy, including developed countries' economies. However, it has led to decrease in the manufacturing base and employment in Canada and the US. If policies that require local content are introduced, it could boost employment in the manufacturing sector.
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It's a common misconception that branding is for larger companies while smaller companies should stay focused on their products and services. In reality, it's just as important for small companies to do their research, find their target market and build a brand that communicates their intended message.
Transferring day-to-day responsibilities for voice and data management to an outside vendor is an immense load off the staff of any growing company. It means not having to worry about hardware and software issues, as well as ongoing technical support, remote monitoring, troubleshooting, repairs and ongoing upgrades.
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On Tuesday March 3rd, 2015, we saw a gathering of over 700 people from all sorts of organizations looking for insights and discussions at the first 2015 Canadian Crowdfunding Summit in Toronto, Ontari...
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'Flexsourcing' is the idea that there is a core team delivering business-critical work and there is a pool of external resources that can be plugged in as and when required. There are no retained external resources in this model (this is why it is different from an agency-of-record or outsourcing relationship).
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Face-saving entrepreneurs will call this a "pivot," which basically means, "I was doing this one thing, and now I realize I should be doing this other thing instead." You might feel like a fool for not getting it right the first time around, but I challenge you to find any entrepreneur who got everything right from the get-go.
Globalization may have played a role in the emergence of poverty in developed countries. When people in the lower income group experience long-term unemployment, they may slip into poverty. While the poverty rate has remained between 12 to 15 percent in the last few decades in the U.S., the number of people living in poverty actually increased.
"I think a lot of entrepreneurs -- women and men -- ted to try and do everything themselves," says Natalie Sisson. "And that's where it goes wrong." If you're an aspiring entrepreneur you MUST check out The Suitcase Entrepreneur for easy and affordable bizhacks, from tech tips to marketing tools.
We don't know for sure who will be tapped for the job of Governor of the Bank of Canada. What we do know is that the individual will be a Canadian. No other nationalities were invited to apply. But, in 2013, does such a citizenship restriction even make any sense? Or is it just another manifestation of good, old-fashioned Canadian parochialism?
As the Royal Bank of Canada faces stinging controversy over outsourcing jobs, some small business owners say that the strategy is key to their survival in Canada. At the same time, the debate unleash...
It's April, and no matter where you live in Canada, spring 2013 will be wet, if not flooded. Rubber boots are your practical and stylish answer -- but with environmental reservations. Waterproof footwear will be made either of rubber or PVC, one of the most widely used plastics on the planet -- a toxic substance.