Why Trudeau'S Recovery Plan Has To Go Beyond Mere Slogans And New Deals

in #financelast month

'Sweet spot': Ottawa struggles to balance 'green recovery' with oilpatch's hopes: Geoffrey Morgan

Canada’s Natural Resources Minister Seamus O’Regan is a fan of the movie Fight Club and is living by at least one of its rules right now.

“Throne Speeches are like Fight Club. It’s not something I could speak about even if I was privy to it,” O’Re…

Why Trudeau's recovery plan has to go beyond mere slogans and New Deals: Kevin Carmichael

Justin Trudeau modified his COVID-19 recovery plan this week. Rather than “bold,” the prime minister said the government’s fall agenda will instead be “ambitious” and “responsible,” which might be the most creative union of contradictory ideas since some poli…

Ottawa needs to redirect stimulus from social programs to growth, AIMCo chair Mark Wiseman says: Victor Ferreira

The chair of the Alberta Investment Management Corporation is calling on the federal government to transition its spending away from social programs and into efficient economic stimulus that can directly steer the country towards growth in order to begin the …

Where to look for contrarian bets in the red-hot stock market: Larysa Harapyn

Laura Lau, Senior Vice President and Chief Investment Officer with Brompton Group, speaks with Financial Post’s Larysa Harapyn about what sectors will offer investors the best opportunity.

  • Five big risks facing global trade in a brutal ye…

    If you're transferring assets to avoid a tax debt, you probably aren't fooling the CRA: Jamie Golombek

    If you owe back taxes to the Canada Revenue Agency and hope to avoid paying up by simply transferring your assets to your spouse, partner or relative, be forewarned — the taxman can seek the funds directly from your relative.

    Joint liability rule

    How this couple can turn a job loss into tax savings and end up with a ‘generous’ retirement: Andrew Allentuck

    A couple we’ll call Nancy, 52, and Bill, 53, make their home in Ontario. Their children are grown and gone. Bill is unemployed, downsized out of a management job in the construction industry. Nancy works for a large company in document management. They fear t…

    One half of this millennial couple is cheap, the other doesn't believe in budgets at all: Victor Ferreira

    It’s like clockwork. When a 37-year-old HVAC technician we’ll call Rick is plugging away at piecing together a new system, the push notifications on his phone come in rapid succession: Boom, boom, boom. Rick, who earned $185,000 in 2019, receives an alert eac…

    'Gap in legislation': Stronger law needed to launch wage-fixing probe into grocers' behaviour: Financial Post Staff

    Canada’s former competition watchdog says Ottawa needs to look at strengthening rules on wage fixing, echoing an outspoken MP who has been pushing for change ever since the country’s three largest grocers simultaneously cut pandemic pay bonuses for front-line…

    Bank of Canada senior deputy governor Carolyn Wilkins to step down when her term ends next year: Financial Post Staff

    Bank of Canada’s senior deputy governor Carolyn Wilkins will not seek a second term when her current term runs out on May 1, 2021, the central bank said Thursday.

    “It has been a great honour and privilege to serve Canadians in this role, and throu…

    Five big risks facing global trade in a brutal year: Financial Post Staff

    A pandemic, rising protectionism, U.S., China tensions have already made 2020 one of the most challenging periods ever for trade. And potential disruptions remain.

    • What the Black Entrepreneurship Program will mean to Canada
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      Ditch your RRSP and four other unorthodox ideas that could make you money: Peter Hodson

      Some of the best investors are those who think outside the box. They don’t follow trends, or the crowd, but instead look for trends that have not yet been discovered.

      This column is not about new themes, however, but rather about certain different…

      Snowflake IPO creates flood of wealth for Silicon Valley royalty, including Mark Zuckerberg and Jack Dorsey - Financial Post: Bloomberg News

      1. Snowflake IPO creates flood of wealth for Silicon Valley royalty, including Mark Zuckerberg and Jack Dorsey Financial Post
      2. Snowflake IPO: How the stock is trading on its debut Yahoo Canada Finance
      3. A low-profile investor who bet o…

        If official numbers say inflation is virtually zero, why do so many of us feel otherwise?: Kevin Carmichael

        The most important measure of the cost of living continues to show that deflation is a bigger threat than runaway prices.

        The Consumer Price Index increased 0.1 per cent in August from a year earlier, the second consecutive month the year-over-yea…

        'We are not playing that game': Canadian aluminum producers in tough spot as White House swaps tariffs for quotas — for now: Gabriel Friedman

        Jean Simard, president of the Aluminum Association of Canada, says that if he’s learned anything in the past few years, it’s that he can’t plan too far ahead.

        On Monday, he was discussing the impact of the Trump Administration’s 10 per cent tariff…

        What the Black Entrepreneurship Program will mean to Canada: Larysa Harapyn

        Andria Barrett, president of the Black Chamber of Commerce, speaks with the Financial Post’s Larysa Harapyn about the government’s new $220-million Black Entrepreneurship Program, and what it will mean for Black businesses across the country.

          Manulife to offer COVID travel insurance that covers medical care, quarantine and emergency transport home: Barbara Shecter

          Manulife Financial Corp. is preparing to launch a travel insurance product that covers emergency medical costs and trip interruption expenses resulting from the global coronavirus pandemic.

          Business and leisure travel remains sluggish more than si…

          How consumer behaviour has changed during COVID — and what that will do to our economy: podcast: Gabriel Friedman

          Reading a magazine article the other day, I was struck by a report that life in many parts of China has essentially returned to normal, or is returning much faster than it is here. There’s been some discussion about how authoritarian or semi-authoritarian gov…

          Everyone says save when you're young. Here's why that's not always a good idea: Jason Heath

          Saving is an important part of financial independence, but conventional saving advice may be unsuitable for young people. Before the critics pounce on the notion that the young shouldn’t necessarily focus on building savings, bear with me: as a middle-aged fi…

          [news curation]@wakanda-forever

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