All political parties major contributors to the current situation of confrontation and violence
Politics and the COVID-19 pandemic have led to continuing confrontations and unprecedented uncertainties in the United States. The U.S. is still important enough that these events are reflected beyond its borders, leaving many longing for a return to a more stable situation and for the peace, order and good government, which are Canada’s ideals. Demonstrations,…
The good news? Pandemic under control. The bad news? Very slow growth, high debt, higher taxes, high unemployment
The future is imaginary, said philosopher Baruch Spinoza. We don’t and can’t know what will happen in the future and last year certainly demonstrated that. Nevertheless, the desire to see what the new year will bring always overcomes the future’s inherent mystery. We peer into our crystal balls and bravely prognosticate, knowing full well that…
Vancouver is considering a tax on vehicles entering the downtown. It may well reduce pollution, but at what cost?
One definition of insanity is to keep doing the same thing and expecting different results. Another definition might be to do something different and not expect any changes. We all have a tendency to do this. For example, we get married and wonder why we no longer have the same services we had in our…
Hugs would be best, but we’re not there yet. So make someone smile
Hope is on the horizon. Soon at least one anti-COVID-19 vaccine is likely to be available and we can start to put the pandemic and its problems behind us. However, between then and now, we face an isolated holiday season and a locked down winter. In the face of that, what can we do to…
Human capital enables us to develop or make use of all other forms of capital. There are several kinds of capital. Mentioned most often are investments in buildings, machinery, equipment and infrastructure that enable us to be productive, and the financial assets that represent them. Natural capital is now getting more attention – that’s the…
A better future awaits if we use this period of uncertainty to work on our mental, physical and career well-being
Dread isn’t too strong a word to describe the feelings many have about the winter about to start. The COVID-19 virus is reason enough to worry. There’s not much individuals can do about that except follow all the good advice about staying safe. However, there are two other major depressing impacts of COVID-19 that we…
Governments tend to forget about consumers when managing supply. Open trade to more cheese and challenge our farmers
Cheese heads – it’s what Canadians are called in many of the United States border regions. It’s because when many Canadians visit their American neighbours, they head straight to the nearest supermarket and buy cheese – and milk and eggs. Dairy and eggs are much more expensive in Canada than in the U.S., even when…
If the European Union with 27 very diverse countries and several languages can do it, why can't Canada?
COVID-19 is still running rampant in many countries, is accelerating in Quebec and Ontario and has recently hospitalized the president of the United States. But in British Columbia, we’re hoping we can avoid a second wave this winter. We’re starting to turn our attention from immediate medical issues to the longer term challenge that the…
Elections will turn us away from dealing with the real issues. And we don't seem to have the means to conduct safe voting
We would really like to have many things right now, even though the prospect of getting them any time soon is rather low. A vaccine against COVID-19 is likely at the top of the list. A bit more certainty about our work and social prospects is probably a close second. Instead of dealing with the…
Move away from false statements and over-generalizations and recognize everyone as individuals
Racism exists in Vancouver. How much, how bad and how widespread it is we can debate. That there are other places where the situation is much worse we can agree. But we still have room to improve here. In case there’s any doubt, Fairchild TV has produced two videos (here and here) documenting expressions of…
Offer to do what needs to be done on a contract basis. Since there’s no long-term commitment, it’s easier for the employer to agree
Summer ends, September approaches. Schools may be opening or closing or something in between – even though the ads for back-to-school sales have been conspicuously fewer than usual. As the days shorten, our thoughts reluctantly turn from beaches, picnics and holidays to getting back to work. Perhaps you, like so many others, are out of…
A government deficit is sometimes necessary but we need plans in place to eliminate it and reduce the debt
Deficits have become emotive hot buttons. A deficit arises when governments spend more than their income, which consists mainly of taxes. If the deficiency is not immediately covered, current deficits turn into long-term government debt. No one seems to be neutral about deficits and the resulting debt. Traditional economists argue against them, saying that spending…
We are too dependent on two of our top three customers: the U.S. and China. And both of these are increasingly hostile
Canada relies on exports. In any given year, about 45 per cent of our economy is in foreign trade. For much of the past, our exports have been mainly in the agriculture and resources sectors. These are still important, but services (think international education), manufactured goods (e.g. Lululemon clothing) and technology (e.g. the Canadarm robotic…
Foreign students spent about $23.6 billion in Canada last year and much of that income will be lost as a result of COVID-19
Some industries are obvious victims of the COVID-19 pandemic and the resulting economic downturn. Everybody knows that businesses in the travel and hospitality sector, especially at the international level, have taken a serious if not lethal blow. Even with government aid, airlines, cruise ships, hotels and tourist attractions will have great difficulty rebuilding and even…
It not only generates jobs in the short term, but results in greater productivity, employment and tax dollars in the future
How the economy will be rebuilt in the wake of the COVID-19 pandemic is a major concern for us all. There are many unknowns, making the near future and the years ahead even murkier than usual. So uncertain is Canada’s federal government about economic and financial prospects that it’s not producing a budget, or even…
Regardless of how COVID-19 plays out, post-secondary institutions won’t go back to full-frontal classroom instruction
We still don’t know much about how the pandemic will affect our lives through the rest of 2020 and into 2021. But some things, like the impact on post-secondary education, are certain. As new and continuing post-secondary students are already aware, their education in the 2020-21 academic year will be delivered mainly, if not entirely,…
We’re still far from solving the problem of the pervasive pandemic that has overturned aspects of our lives in ways we never imagined. It has made a mockery of everything we thought we had some control over, from our mental stability to our monetary security. After months of lockdown limitations, we’re no closer to the…
The pendulum of public attention is beginning to swing from getting through the pandemic to economic recovery. But recovery is not a simple process. Governments and health authorities are planning or actually beginning to implement the gradual and much-awaited loosening of lockdown restrictions. COVID-19 is nowhere near being vanquished and it will still be a…
For too long, Canada has failed to embrace many foreign-trained physicians. COVID-19 has exposed serious flaws in the system
A corner has been turned in the COVID-19 pandemic, even if serious questions linger. Although we still don’t know how long the pandemic will last, we’re beginning to see more ideas on what the world will look like once we’ve put this behind us. When that will be or how we will get there is…
The economy will bounce back, even if some businesses don’t. But don’t expect a rapid recovery after COVID-19 recedes
What will happen to the economy once we get through this pandemic? We’re coping day to day with social isolation and, for those of us lucky enough to still have work, the challenges of working from home or being out there in an infected world. First, we want to know when all this will end.…
We need leaders who are smart, recognize people’s needs and do something positive to meet them
News about the COVID-19 virus has gone viral. Media coverage, ever-changing and often contradictory, screams at us from all directions. It inundates us as we work from home, self-isolate or have isolation thrust upon us. At times like this, we would do well to remember that life continues beyond the pandemic, even if the current…
Want to strike fear into the heart of any Canadian? Just mention wait times. We’re all really proud of our universal, single-payer medicare system, especially when we compare it to the situation in the United States. However, it’s not quite perfect. A major imperfection is the length of time between becoming aware of a need…
The old order has passed – the one where parents and grandparents could teach their offspring everything they needed to know. Now, there’s no need to teach the kids even the basic three Rs of reading, ’riting and ’rithmatic. Most have learned to read (if not spell) by themselves as they start texting each other…
Though any deaths from a fast-spreading new disease can be frightening, panic isn’t justified. Most cases are mild and of short duration
I led a trade delegation in Guangdong, China, in December 2002. Business and life carried on as usual even though a new disease, SARS, had begun infecting and killing people in the province a month earlier. As visiting Canadians, we weren’t worried at all because we knew absolutely nothing about the epidemic and had never…
The world is changing very quickly and most of us can’t keep up. Jobs that always were there (think taxi drivers) are fast disappearing. Pre-digital teachers, parents and grandparents are learning from children rather than teaching them. Ideas we’ve long held are no longer valid. Take university for example. We can look at going to…
There's not an economic model or crystal ball that can give us a clear and reliable picture of what lies ahead in 2020. No forecast, no matter how thorough and well thought through, can foresee or take into account all the wild cards that chance, nature or our all-too-human political leaders can throw at us.…
And that could rise to 10 million deaths per year within 30 years, at an economic cost of US$100 trillion
A deadly threat hangs over us that’s much more immediate than climate change and has already started killing people. It now kills over 700,000 people a year worldwide. The fatalities could rise to 10 million per annum within 30 years. Together, cancer, diabetes and cholera take fewer lives. The economic cost would be US$100 trillion.…
The sense of being marginalized and treated as second-class provinces has long been felt in the West. But opting out won't suit our needs
I was born in Quebec, and raised, married and had my children in Montreal. You might think that makes me a Quebecer but there are those who disagree. I’m an Anglophone. Some feel that only Francophones with generations of history in the province are ‘real’ Quebecers. For the past several decades, I’ve lived in B.C.…
In the gig economy, more and more of us will be out on our own. That means we need to hone new skills to help our enterprises succeed
As 2019 morphs into 2020, more than numbers on the calendar are changing. Technology, communications, media, weather – even the way we work and earn our livings – aren’t what they used to be. It used to be jobs, jobs, jobs. That’s what we wanted for ourselves, our partners, our kids; it's what politicians promised…
Many people take a long time to launch on adult life because they've never been taught to spend less than they make
“The first responsibility of adulthood is paying your own bills,” according to Jamaica Finance Minister Peter Phillips. That country has worked hard to wean itself of dependency on the International Monetary Fund (IMF) and is in a position to stand on its own feet economically. Paying your bills is a definition of adulthood that applies…
Politics and the COVID-19 pandemic have led to continuing confrontations and unprecedented uncertainties in the United States. The U.S. is still important enough that these events are reflected beyond its borders, leaving many longing for a return to a more stable situation and for the peace, order and good government, which are Canada’s ideals. Demonstrations,…
