Description: Ford, although heavily pursued by the Ontario government and the auto workers union, decides to make its next $2 billion investment in Mexico. This is yet another indication that big automobile companies may be slowly moving its investments out of Ontario. Source: CBC Date: October 24, 2014 Video Link: http://www.cbc.ca/player/News/Business/ID/2570147233/ Questions for Discussion: What… Read more »
Posts Categorized: Environment
Canadian Jobless Rate Lowest in Six Years
Description: According to Statistics Canada, the national jobless rate has dropped to its lowest level in six years. There were more than 74,000 new jobs added in the month of September bring down the unemployment rate to 6.8%. Source: CBC Date: October 10, 2014 Video Link: http://www.cbc.ca/player/News/Business/ID/2550274072/ Questions for Discussion: Critically analyse the recent job… Read more »
Tesla’s New Electric Car
Description: Tesla’s Elon Musk unveils the latest model of his electric car. This model has some outstanding features such as radar sensors and dual motors. Source: CBC Date: October 10, 2014 Video Link: http://www.cbc.ca/player/News/Business/ID/2549956732/ Questions for Discussion: Compare and contrast Tesla’s marketing strategy with that of other major automobile companies such as General Motors and Toyota?… Read more »
Netflix refuses to hand data to CRTC
Description: In a move that can have strong implications for the internet media in Canada, Netflix refused to hand over information that the company considers sensitive – like the number of subscribers Netflix has in Canada, and how much money it earns from them – to Canadian Radio-television and Telecommunications Commission (CRTC). Source: BNN Date:… Read more »
Staples closes 15 stores in Canada
Description: In yet another setback for the retail sector, Staples Canada has closed 15 stores across Canada. As with Grand & Toy and Office Depot, Staples seems to be losing out to online companies such as Amazon.com. Source: BNN Date: October 01, 2014 Video Link: http://www.bnn.ca/News/2014/10/1/Staples-closes-15-stores-in-Canada.aspx Questions for Discussion: Will Staples too end up like… Read more »
Joe Oliver Cuts Employment Insurance Premiums to Spur Job Growth
Description: In an effort to spur small businesses to increase hiring, Finance Minister, Joe Oliver, announced a cut in employment insurance premiums for small businesses. It is expected that this will reduce small businesses’ EI costs by 15 per cent. Source: CBC Date: September 11, 2014 Video Link: http://www.cbc.ca/player/News/Business/ID/2514908320/ Questions for Discussion: Will this cut… Read more »
Alberta oilsands among the costliest energy projects in the world
Description: A new report by a London-based financial think-tank that focuses on climate risk ranked Alberta’s oilsands as one of the world’s costliest energy projects in the world; if the oil prices don’t rise, some of these projects could be cancelled. Source: Financial Post Date: August 15, 2014 Link:http://business.financialpost.com/2014/08/15/albertas-oil-sands-among-riskiest-energy-plays-in-the-world-report-says/?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+FP_TopStories+(Financial+Post+-+Top+Stories)&__lsa=05b8-943d Questions for Discussion: How will this… Read more »
Southwest Airlines looking to expand its flights to Canada
Description: In a move that could shake the airline industry in Canada, the low-cost airline carrier Southwest airline plans to expand its services to U.S.–Canada routes. This will put pressure on Air Canada, Westjet and Porter airlines to bring down their prices. Source: BNN Date: July 26, 2014 Video and Text Link:http://www.bnn.ca/News/2014/7/26/Southwest-eyes-northern-push-threatening-Air-Canada-WestJet.aspx Questions for Discussion:… Read more »
How Does Enbridge Move Ahead on the Northern Gateway Project?
Description: The federal government approved the Enbridge Northern Gateway project that involves laying crude oil pipelines across a length of 1,177 kilometers in Western Canada. However, for the project to go ahead, Enbridge needs to meet 209 conditions set by the federal government Source: CBC Date: June 17, 2014 Video Link:http://www.cbc.ca/player/News/Business/ID/2465601042/?page=2 Questions for Discussion: Do… Read more »
Investments in Toronto’s Urban Forests
Description: TD bank economist, Craig Alexander, prices trees in Toronto at $7 billion or $700 a tree; he suggests that investments in urban forests in a city pays dividends. Source: CBC Date: June 9, 2014 Video Link:http://www.cbc.ca/player/News/Business/ID/2463724090/?page=2 Questions for Discussion: How does investments in city’s urban forests pay dividends? How do the tress reduce household… Read more »
