Of late, the dollar value of cryptocurrencies such as Bitcoin and Ethereum and others, have hit new record highs, in the thousands of dollars per unit. The price escalation has attracted more speculators, which have further boosted the price over the past several...
Decentralized finance (DeFi) is here to stay and the time to jump on the bandwagon is now. By embracing blockchain and its related technologies, challenger banks are bringing the crypto revolution into traditional finance (TradFi) and preventing obsolescence. TradFi...
The pandemic took many countries, governments and people by surprise. Many were not prepared to face this crisis. Initially, most Western countries refused to panic and wanted to manage the situation like another flu epidemic. But the outbreaks in hospitals and other...
Lately, calls by self-identified ‘progressives’ and others who purport to champion ‘equity’ and compelling everyone to pay their ‘fair share’ have grown louder; even more shrill and strident. It seems that ‘social justice warriors’ have rediscovered their previously...
Canada is struggling economically. From inflation and deficits to investment and employment, everything that should be up is down, and everything that should be down is up. One striking symptom of economic rot is household debt, which is rising faster than incomes....
Largely unique among state-owned enterprises, ‘SEOs’, worldwide, Canadian Crown corporations have two key advantages over current and future private sector competitors: non-taxable status and access to low-cost public sector borrowing rates. Other implicit edges...
Many advocates for cultural diversity have a sudden change of heart when the topic turns to Canada's "cultural industries." As they say in Argentina, for money, the monkey will dance. What constitutes Canadian heritage, given her complex milieu, tends to be in the eye...
One of the most important elements in the country's economic health is "ease of doing business".The world bank has issued it's annual report on the subject and Canada is nowhere near the top.
When fundraising garnered leftover crumbs, the gatekeepers of finance barely cared to notice. Now digitized, it is garnering a growing portion of the financial pie and running into regulatory barriers and legal limbo in Canada. The critics of crowdfunding,...
The “new NAFTA” – or the United States-Mexico-Canada Agreement (USMCA) – is a mixed bag for Canadians. The bright side is that the USMCA is certainly better than having no trade agreement, and is more desirable than the massive uncertainty that comes with not knowing...
The most recent employment data from Statistics Canada shows a troubling trend. In Q3-2018, the ratio of private sector to public sector employees (excluding the self-employed) dipped to lows that – except for the period of massive “stimulus” spending by the federal...
Recently, a long-dead and largely unlamented tax has been rediscovered, with some new-ish fans who never really repudiated their great love for it. It is the Death Tax, or Estate Tax, which was abolished in Canada in 1971 by a Liberal government when a capital gains...
With much fanfare, the Ontario government has brought back “Buck-a-Beer” by lowering the government-mandated price floor on a bottle or can of beer (with alcohol volume below 5.6%) from $1.25 to $1.00. Some Ontarians who don’t drink or who consume only more expensive...
SkipTheDishes driver Charleen Pokorik wants a different job. More precisely, she wants to do the same job but for the company to cover everything. Its founders left jobs like that to form the company, but she won’t do the same to be paid in the manner she wants. The...
This short video covers the key points of Chapter Six "Credit Diverts Production" from Henry Hazlitt's "Economics in One Lesson." The video follows Hazlitt's argument that when governments give loans or subsidies to businesses, they merely take funds away from other...