The rich get richer and the poor get poorer, goes the old saying.
Canada needs to spur growth of new small businesses
The Canadian Federation of Independent Business (CFIB) called last Friday “a sad day for many Canadian small business owners.”
Canada’s economic pillars are on shaky ground
Canadians are feeling increasingly pessimistic about their financial well-being – and for good reason.
Government bureaucracy is out of control – and Canadians are paying the price
If you asked most Canadians if this country needs more bureaucrats, they’d probably say no.
Should Canada adopt Argentina’s ‘chainsaw approach’ to government spending?
In November, voters in Argentina elected as their new president a political outsider who promised to inflict painful shock therapy to the nation’s stagnant economy and who carried a chainsaw to campaign rallies as a dramatic symbol of his plan to slash the size of government.
Are Canadian living standards deteriorating?
Declining life expectancy for Canadians. Plunging math scores among Canada’s high school students. Fewer doctors. And longer wait times for emergency care.
The three factors eroding our economy
There’s been a lot of talk lately that Canada is heading into a recession.
An Economic Charter could keep Canada from drowning in debt
The latest economic and fiscal outlook from Canada’s Parliamentary Budget Officer (PBO) indicates that the federal deficit will grow more than previously projected, up to $46.5 billion in the current fiscal year. The PBO also said we’ll continue to run deficits for the remainder of this decade.
Small business owners are being strangled by red tape
Over the past month, small business owners have shared with me some of their personal stories and frustrations.
Profit sharing with employees a formula for business success
Several years after I opened my small tool and die shop, I came up with what turned out to be a sure-fire formula for growing my business: I made my top managers partners in profits, and I gave them a share of the ownership.
Too many hurdles are hobbling small businesses in Canada
I have spent most of my business career owning and managing large corporations, including Magna International Inc., one of the world’s largest auto parts suppliers.
Why are fewer Canadians starting their own business?
There are more small businesses in Canada closing up shop than there are people starting a new business.
Who’s looking out for our small businesses?
Earlier this year, one of the co-founders of Home Depot – the world’s largest home improvement retailer – publicly stated that if he were to start his company all over again in today’s stifling business environment, he doubts whether it could have ever grown any bigger than around 15 stores versus t
The time is now to unshackle Canada’s small businesses
It’s understandable why many people often refer to small businesses as the backbone of our economy.
Giving workers a piece of the action
Do Canadian workers have the right to get a share of the profits they help generate?
