Category: Finance
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7000 Words About The Dubious Refragmentation Of The Economy
One advantage of being old is that you can see change happen in your lifetime. A lot of the change I’ve seen is fragmentation. For example, US politics and now Canadian politics are much more polarized than they used to be. Culturally we have ever less common ground and though inclusiveness is preached by the…
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World Economic Forum- Why Experts Expect Global Growth
82% of chief economists expect the global economy to remain stable or strengthen this year – almost twice as many as in late 2023Over two-thirds predict a sustained rebound of global growth, driven by technological transformation, artificial intelligence and the green transition.There is near-unanimity that geopolitics and domestic politics will drive economic volatility this year.…
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Canada Debt Becoming Unmanageable Economists Warn
With the Canadian government’s high debt-to-GDP ratios, such as a ratio of debt to nominal GDP sitting at 68 percent in March 2023, economists warn that government debt could become unsustainably high if Ottawa fails to reduce spending, increase productivity, and re-establish business confidence. “We’re not growing our income per capita, which means that we’re…
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Beware Of Overreach In Canada Competition Law Reforms
May, 2024 – Many of the federal government’s recent reforms in competition law sensibly strengthen the enforcement powers of the Competition Bureau and private actors seeking redress for allegedly anti-competitive behavior. However, amendments to the Competition Act that simply make it easier to meet legal tests for orders against allegedly anti-competitive conduct are over-reach, says a new report by our…
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How Canada Can Help Repair Today’s Global Trading System
The article below (Furthering the Benefits of Global Economic Integration throughInstitution Building: Canada as 2024 Chair of CPTPP) was first published by the C.D. Howe Institute by Paul Jenkins and Mark Kruger. Introduction Over the last 10 to 15 years, the global economy has become fragmented. There are many reasons for this fragmentation – both…
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UN Specialized Fund & Program Combats Hunger In World’s Fragile Contexts
JOINT PRESS RELEASE IFAD and WFP work together to combat hunger in fragile contexts Rome, Italy, March 2024. The UN’s International Fund for Agricultural Development (IFAD) and the World Food Programme (WFP) have today launched an action plan to work together in fragile contexts — countries simultaneously affected by economic shocks, and extreme weather, in combination with little…
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Speedrunning (Beating Videogames Fast As Possible) Champs Playing For Make A Wish
For the first time this year, the European Speedrunner Assembly (ESA) is set to host their recurring speedrunning event, where gamers aim to conquer video games at record speeds and showcase mind-blowing talents. For the first time ever, ESA is teaming up with Make-A-Wish International — an organization dedicated to fulfilling the wishes of children facing…
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Three Ways to Make $1,000 Using Artificial Intelligence
Whether you need a side hustle or want to make a full career out of AI, here are ways to start A few years back, I read Warren Buffett’s book, Snowball. It turned out to be one of my favorite books of all time. In this book, Warren shares stories of when he was a kid…
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African Shaman- Devotion To Your Business Is Key To Success
What does it take to make $1 Million Dollars at a business in just six months? Devotion. However, according to one expert, devotion and commitment are two totally different things. Makhosi Nejeser, known as “The Royal Shaman”, is an authentic African shaman specializing in energetic alignment and human potential. She helps individuals create powerful transformations amplifying success and mentors…
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Benefits of Working On The Front-line in Canada: Lessons From My First Job
As a double immigrant who worked his way through high school and university, I am a big believer in the lifelong benefits of working on the front line, early in life. My first job was an eye opener to say the least. As a double immigrant who worked his way through high school and university,…
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When To Accept First Offer On Your House: Insights From Denis Smykalov
When selling a house, one of the most challenging decisions is determining whether to accept the first offer and move on or wait for a better one to come along. According to Denis Smykalov, founder and broker of Wolsen Real Estate, there are several factors to consider when deciding whether to accept the first offer.…
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Investor-State Disputes Proliferating, Rules Remain Critical for Canada Business Investment
May 9, 2023 – Investor-state disputes are proliferating around the globe as business investors seek redress for government actions they deem unfair or contrary to investment agreements, according to report from the C.D. Howe Institute. In “Investor-State Disputes: The Record and the Reforms Needed for the Road Ahead,” author and C.D. Howe Institute Senior Fellow…
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International Monetary Fund- World Economy Still Recovering
The IMF announced today (Tuesday, April 11, 2023) in the World Economic Outlook’s press briefing that the baseline forecast for global output growth is 0.1 percentage point lower than predicted in the January 2023 WEO Update, before rising to 3.0 percent in 2024. “The world economy is still recovering from the unprecedented upheavals of the last…
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Pi- crypto, mined Via Smartphones is Getting Noticed
Pi Network increased its team member headcount by nearly 33% over the past year, debuted new developer features and KYCd 3.8M community members to-date PALO ALTO, Calif., March, 2023 /– Pi Network, a community of tens of millions of humans mining Pi cryptocurrency to use and build the Web3 app ecosystem, today announced a series of milestones for the growing organization, including a notable…
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5 Tools to Facilitate the Management of your Business
Running a business can be a challenging task, especially when you are dealing with multiple tasks and responsibilities at the same time. Fortunately, many tools can help streamline your business operations and make management much easier. In this article, we will take a look at five such tools that can help you manage your business…
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7 Serious Tips for Better Bookkeeping in Canada
Bookkeeping is tedious for most business owners unless you are a seasoned accountant or a fan of working with numbers. That is because businesses have a lot of financial details that need to be recorded, for instance, which supplier should be paid, outstanding customers, equipment to buy, significant purchases to make, and more. Without an…
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Crypto and E-wallets are Future of Gaming Payments
The gaming industry is undergoing a significant shift. The payments ecosystem is evolving towards a new era of cryptocurrencies and e-wallets and away from conventional online banking accounts. According to our friends at LotteryCritic.com, the impact of this changing payments ecosystem is multifaceted, affecting everything from the speed of transactions to how funds are stored…
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How To Make Money Quickly?
Having side cash from time to time, or even better continually, is a great source of wealth. Not only that it enables you to collect money for something that you really need, but it really can boost your emergency fund, or just let you spoil yourself from time to time. To get extra money and…
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WFP BREAKS RECORD WITH FOOD SUPPORT IN SOMALIA AMID FAMINE RISK
MOGADISHU – The United Nations World Food Programme is delivering life-saving food and nutrition assistance to record numbers of people in Somalia, with over 4 million people a month receiving urgent humanitarian support to prevent famine in the face of the region’s worst drought in over 40 years. The scale-up has helped keep the worst outcomes…
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This Quiz Tests Your Knowledge Of Paper Money Faces
You’ve likely seen paper money from all over the planet. Maybe you have an aunt living in Australia that sends you dollars in the mail every year for your birthday or perhaps on your commute to work each day you pass by a currency exchange kiosk- you know the type: colorful bills from all over…
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How Do Canada Provinces Grade In Taxpayer Fiscal Transparency?
September 15, 2022 – Taxpayers and citizens need greater fiscal transparency from Canada’s federal, provincial and territorial governments, says the latest report from the C.D. Howe Institute. In “The Right to Know: Grading the Fiscal Transparency of Canada’s Senior Governments, 2022,” William B.P. Robson and Nicholas Dahir graded these governments’ budgets, estimates and financial statements…
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Threat to Prosperity: Canada Should Mind Business Investment Gap
August, 2022 – Business investment in Canada is so weak that capital per member of the labour force is falling, and the implications for incomes and competitiveness are ominous. Governments, particularly the federal government, need to get serious about growth to get workers more of the tools they require to compete and thrive, according to…