Record Canadian use of Interac e-Transfers in 2018

More than 371 million transactions worth a total of more than $132 billion

Record Canadian use of Interac e-Transfers in 2018Canadians used digital money transfer service Interac e-Transfer more than one million times per day last year. In a news release on Tuesday, Interac said it experienced record numbers in 2018 – more than 371 million transactions worth a total of more than $132 billion, representing a 54 per cent increase in volume and a…

Do vegan cheese and fake meat represent food appropriation?

The massive rise in consumption of alternative proteins has put huge pressure on the livestock and dairy industries

Do vegan cheese and fake meat represent food appropriation?The overpowering plant-based narrative is clearly helping lentils, chickpeas and soya win the proteins wars. The livestock and dairy industries feel the pressure. With the publication of the new Canada’s Food Guide, we have officially ended more than 70 years of state-endorsed fascination for animal proteins. Let’s face it, the change was necessary. The guide…

Beware of ghosts haunting your organization

I've seen how ghosts can haunt organizations around the world. It wouldn't surprise me if your company was also haunted

Beware of ghosts haunting your organizationI not only believe in ghosts, I've seen how they haunt organizations around the world. It wouldn't surprise me if your company were haunted. In fact, I'd be surprised if it weren't! I even wrote a (almost true) story about a young woman chasing a ghost through a parallel universe located in the ventilation system…

New technology will make carbon tax obsolete

The free-market system, human ingenuity and investors and entrepreneurs seeking profits brought these ideas forth

New technology will make carbon tax obsoleteThe Canadian political scene has been riven and toxified by Ottawa’s plans to impose a tax on greenhouse gas emissions on all provinces lacking such a levy. The ostensible goal is to reduce the use of fossil fuels, and thus emit less carbon dioxide (CO2) and methane (CH4, the main component of natural gas and…

The biggest mistake most small business owners make

We need to develop systems of hiring and monitoring our employees to ensure we have the right people

The biggest mistake most small business owners makeBob was frustrated, stressed and upset. One of his key employees, Keith, had just left to start his own business and had taken another staff member with him. I wasn’t surprised. I’d been working with Bob for several months and had met Keith several times. My impression wasn’t favourable and I had discussed this with…

‘Exceptional’ year reported by Canadian Tire Corp.

Revenue of $14.1 billion up by 5.9% from the previous year

‘Exceptional’ year reported by Canadian Tire Corp.Canadian Tire Corp. announced on Thursday that it had an “exceptional” year in 2018 as it reported its fourth-quarter and full-year financial results. It said fourth-quarter consolidated revenue of $4.1 billion was up 5.5 per cent from a year ago and up 6.5 per cent excluding its petroleum sector; 2018 annual revenue of $14.1 billion…

Why predatory pricing in Canada’s airline industry must stop

If the smaller competitors are driven from the market, how long will it take for fares to increase, to the detriment of consumers?

Why predatory pricing in Canada’s airline industry must stopCanada’s air travel industry is a mess, with 87 per cent of the domestic market controlled by two carriers and Canadians enduring some of the highest airfares in the world. We actually fly less and see less of our country compared to citizens of other countries precisely because it’s so expensive. We deserve a better…

Petro-Canada launching electric vehicle charging stations

Construction on more than 50 stations in coast-to-coast fast-charging network to begin this spring

Petro-Canada launching electric vehicle charging stationsA network of electric vehicle fast-charging stations is being launched across the country by Petro-Canada, which is part of Calgary-based energy giant Suncor. The company announced on Wednesday that more than 50 of these stations will be located along the Trans-Canada Highway at Petro-Canada stations from Nova Scotia to British Columbia. It said construction is…

Why Canadians are suffering a bankruptcy spike

Interest rate hikes, housing costs, rising taxes and stagnating wages are all crucial. We need to address these problems

Why Canadians are suffering a bankruptcy spikeWhat can't happen won't happen. If incomes are stagnant while taxes, prices and interest rates rise, people will fail to pay their debts – as is the case for 120,000 Canadians every year. The long-term buildup of urban house prices had already made people financially vulnerable and consumer insolvencies in Canada increased by 9.2 per…

Are you taking enough pride in your work?

Understand what motivates you, do something you're good at and commit to doing your very best

Are you taking enough pride in your work?I Used to Write for Sports Illustrated. Now I Deliver Packages for Amazon is a brilliant article by Austin Murphy in the December 2018 issue of The Atlantic. Murphy articulates his career journey as a result of being in an industry disrupted by technology. What really resonated for me about his story was his transformation…
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