Gary Goodyear, Minister of State for the Federal Economic Development Agency for Southern Ontario, met with stakeholders from the Ontario Association of Community Futures Development Corporations (OACFDC) for their 20th annual conference on September 25th. It was noted that while… Read more »
The Correlation Between Lower Business Taxes and Employment
“It’s time we get the facts on the table. Business investment has been a key driver of economic and job growth over the past five years, and lower taxes have contributed significantly to that growth.” This statement, made by CME… Read more »
Soft Patch in Canadian Economy
Canadian job creation stalled in October, while the national unemployment rate held at 7.4%. Closer analysis of the data reveals that the western provinces have had lower-than-average rates of unemployment, compared to higher-than-average rates of unemployment in Ontario and the… Read more »
What can we learn from the failure of Kodak, Sears, and Newspapers?
In his recent article, Ken Doctor analyzes the slow disappearance of familiar brands such as Kodak, Sears, and various newspaper companies. These examples all illustrate the fact that “brands decay” and that “disruption doesn’t happen just once.” His “lessons learned”… Read more »
What’s wrong with RIM?
An aging smartphone line, an inability to break out of the corporate niche, and the lack of any new product innovation are widely perceived to be eroding RIM’s business and stagnating growth. To achieve growth, many believed that RIM needed to… Read more »
The 2010 G20 Toronto Summit: Halving Deficits
This past weekend, Toronto hosted one of the G20 summits that have been occurring twice a year since 2008. One of the hot topics on the agenda was economic recovery after our recent recession, and due to the European debt… Read more »
Self-Employment on a Rise During Recession
Statistics Canada just released the results of a survey on self-employment in the recent recession – apparently there was an increase of people who are self-employed by over 4.3% between October 2008 and October 2009. Surprisingly, this is not solely… Read more »
Aerospace Sector Soars Above Economic Turmoil
The aerospace and defense industry is one of the few sectors in manufacturing that is currently not only surviving but thriving amid the recession, despite the grim predictions for job losses and bankruptcies among other Canadian manufacturers, plummeting oil prices,… Read more »
AMIS – Ontario’s Advanced Manufacturing Investment Strategy
Lines of credit have almost completely dried up in this recession, and it’s harder than ever for businesses to fund their new development projects. Ontario’s Advanced Manufacturing Investment Strategy (AMIS) is a great venue for Ontario manufacturers to pursue. What’s… Read more »