Description: Richard Ravitch, adviser to the Detroit bankruptcy judge, discusses why more cities might be moving towards bankruptcies. Source: CBC Date: June 02, 2014 Video Link:http://www.cbc.ca/player/News/Business/ID/2461765335/?page=2 Questions for Discussion: What are some of the reasons why cities go bankrupt? Is it the job of the government to bail out cities? Who should be held accountable… Read more »
Posts Categorized: Environment
Can higher taxes combat inequality?
Description: Inequality is becoming an increasing norm across most developed economies. Thomas Piketty, the author of a book titled “Capital in the twenty-first century”, advises countries to increase wealth tax to increase wealth mobility and eventually curb inequality. Source: CBC Date: May 22, 2014 Video Link:http://www.cbc.ca/player/News/Business/ID/2459304448/ Questions for Discussion: What does income inequality mean? How… Read more »
Should McDonald’s leave Russia?
Description: In the wake of political conflict in Crimea, several western companies decided to close shops in Crimea. McDonald’s closed its three locations in Crimea and has decided to move them to Ukraine. In a strong response, a Russian politician asked McDonald’s to evict Russia. Source: The Huffington Post Canada Date: April 04, 2014 Link:… Read more »
TSX takes a big fall as fears over emerging markets grip the investors
Description: The TSX saw its largest one day fall in the last seven months—it fell 215.21 points on Friday Jan. 24. Investors seem to be worried about the growth prospects of the emerging markets and the U.S. Federal Reserve’s decision to scale back its stimulus program. Source: BNN Date: Jan 24, 2014 Link: http://www.bnn.ca/News/2014/1/24/TSX-tumbles-as-emerging-market-fears-grip-investors.aspx Questions… Read more »
Lululemon’s shares nosedive
Description: Lululemon announced that its 4th-quarter results will not meet its expectations: This news sent their share price falling more than 15%. Lululemon has had a rough last year with some major public relation (PR) disasters. Source: CBC Date: Jan 13, 2014 Video Link: http://www.cbc.ca/player/News/Business/ID/2429880202/?page=3 Questions for Discussion: What were the major PR disasters for… Read more »
How does the falling lonnie help the economy?
Description: The falling Canadian dollar can be a good thing for the economy. The Canadian dollar has fallen by 10% since this time last year. Jeannie Lee presents some of the benefits of a lower Canadian dollar Source: CBC Date: Jan 16, 2014 Video Link: http://www.cbc.ca/player/News/Business/ID/2430382277/ Questions for Discussion: How does a lower Canadian dollar… Read more »
Target gets off to a bad start in Canada
Description: Target is struggling to attract Canadians to its stores. A recent research suggests that most Canadians view Target in same league as Sears—one of the weakest retailers in Canada. Source: CBC Date: Nov. 22, 2013 Video Link: http://www.cbc.ca/player/News/Business/ID/2420124056/ Questions for Discussion: What does the research suggests about Target’s image in Canada? Why do you… Read more »
Emissions from Canadian oilsands
Description: A recent report by IHS global finds that total greenhouse emissions from oilsands have increased by 21% since 2008, although the emissions per barrel have come down. Also, emissions from oilsands are at least 12% higher than emissions from the average crude oil processed in the U.S. Source: CBC Date: November 13 2013 Video… Read more »
Sears closing five stores in Canada
Description: Sears Canada has announced to close five stores in Canada including its store in the Toronto’s Eaton center—its flagship store in Toronto. This announcement comes at a time when Target plans to open 33 more stores in Canada. Source: CBC Date: Oct. 29, 2013 Video Link: http://www.cbc.ca/player/News/Business/ID/2415020369/?page=2 Questions for Discussion: Do you agree with… Read more »
Is there actually a skill shortage in Canada?
Description: There are conflicting reports on whether Canada faces a skill shortage. While the Canadian government insists that there is severe shortage of skilled people in Canada, a recent TD report rebuffs that claim. Source: CBC Date: Oct. 22, 2013 Video Link: http://www.cbc.ca/player/News/Business/ID/2413451599/?page=2 Questions for Discussion: Do you agree with the government or the TD… Read more »
