Bank of Canada Governor Mark Carney took a lot of flack last week for articulating a fact: companies have a lot of "dead money" on their balance sheets. But Carney was getting at a larger issue: Canadian companies take caution to an extreme and do not think and act more globally. Carney may have been too polite to say it, but many senior executives and boards in Canada are slow, bureaucratic, self-satisfied, defensive and extremely conservative. What Canada needs more of are corporate leaders who have the drive, the fire in their belly, and the thirst and sophistication to conquer the world.
Many people who are affected by war don't make it into the history books. One of them walked into my home the other day to install California shutters. He was born in 1960, the same year as I was. His name is Thic and he remembers well the corpses piled up outside his home after America changed her policy and pulled out her troops. Our world is populated by Thics.
OTTAWA - Canada's intelligence service spied on renowned literary scholar Northrop Frye, closely eyeing his involvement in the anti-Vietnam War movement, an academic forum on China and efforts to end apartheid in South Africa.
Newly released archival records show the RCMP Security Service relied on a secret informant to help compile a 142-page file on the esteemed University of Toronto professor, who died in 1991 at age 78.