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?
In every case, the government's anti-union measures are a solution in search of a problem. They are a transparent attempt to damage the financial viability of trade unions and they lay bare the hypocrisy of Conservative parties and governments who, while professing a commitment to streamline useless red tape for Canadian businesses, are ideologically driven to create a choking amount of red tape for trade unions.
The economic and financial meteorite that crashed into the world economy back in 2008 left a massive crater. Since then, policymakers have been scrambling to fill it in. All the while, many have cast a wistful, sardonic or resentful eye at a glaring anti-crater: the mountain of money accumulating on corporate balance sheets.
With such a large portion of the Canadian workforce working in smaller enterprises, their contribution to international trade is anything but insignificant. Shipping outside of Canada involves complex logistics along with a lot of other factors for small businesses to consider. If you run a small business and are looking to ship internationally, here are five key considerations.
Stable is not a word that can be used to describe much in today's economy. A notable exception is the Canadian dollar. The loonie has soared in a reasonably tight range around parity with the U.S. dollar for 3 years now. Although exporters would prefer a lower level, the stability has made activity and cash flows somewhat more predictable. Now, the loonie is losing some loft; what's happening?