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Business

McGuinty Overestimates GDP Growth by 16%

Thursday, October 18, 2007

Blue dresses aside, Dalton McGuinty has successfully followed the Bill Clinton model of campaigning. Express empathy and 'share the pain' of the voter.

Toronto Waste and Perks Report Card: Council Golfs While Taxpayers Burn

Wednesday, October 17, 2007

The Canadian Taxpayers Federation (CTF) today released a waste and perks report card for Toronto city councilors revealing that two-thirds of council get a failing grade including the mayor and the budget chief.

Being Liberal Means Promising No Tax Cuts

Wednesday, September 26, 2007

Except for Mr. McGuinty's Liberals, all of the main parties contesting Ontario's provincial election are offering voters tax relief. Specifically, John Tory's PCs, Mr. Hampton's NDP and Mr. de Jong's Green Party all are promising Ontario voters some relief from the McGuinty health tax.

A Little More Leadership – A Little Less Whining

Tuesday, February 6, 2007

After nearly four years in power, Ontarians are getting weary of the same old song crooned by Premier McGuinty. Everyone but him is to blame for all of Ontario’s problems. Sound like leadership?

How Poverty Affects the Bottom Line

Wednesday, January 17, 2007

In October, 2006, Statistics Canada estimated that the national GNP almost reached C$ 1.1 trillion dollars. It also estimated that in 2004, about 11.2% of all Canadians had incomes after tax living below the national cutoff levels for poverty.

CTF launches petition to stop MPP’s fat raise

Monday, December 18, 2006

TORONTO - The Canadian Taxpayers Federation (CTF) has launched a petition calling on Premier Dalton McGuinty to cancel the 25 per cent pay raise for MPP’s and to allow voters around the province to decide whether their MPP deserves a pay raise during the 2007 election.

“Premier McGuinty is trying to fast-track this pay raise without getting any input from the people who pay his salary,” said CTF Ontario director Neil Desai. “The premier has extended sittings at Queens Park to make sure this legislation goes into effect before the holiday season. Why didn’t he extend sitting hours to discuss the $127-million the auditor general found missing at Hydro One or the executives from Children’s Aid purchasing luxury vehicles and all inclusive vacations on the public dime? It’s because he does not respect taxpayers.”

Ensuring Canada’s Business Growth Future

Tuesday, November 28, 2006

Topical research suggests that only one out of five firms still exists 10 years after start-up. Growth is rare in Canada. Only two new firms in 10,000 reach a level where they have 100 or more employees.

Is Business Forgiveness Profitable?

According to The Economic Times: “To err is human, but in the world of business, forgiveness is a virtue that is seldom encountered. Especially when a single mistake can push a company to the brink of bankruptcy and possibly closure. It’s surprising then that business schools rarely uphold examples of corporate mistakes while teaching management theory.

The Free Market Delivers the People its Gold Money

Thursday, November 2, 2006

As W. Clement Stone once said: "Events tend to recur in cycles." We see evidence of this in nature, in many types of mathematical numbers, and through the business cycle. A number of economists, analysts, and consumers claim that a return to the gold standard, to their "honest money" as they call it, would insulate them from the problems they see in our conventional paper-based currency. Financial leaders dismiss metal-backed currency. A return to gold standard will not occur on their watch. However this debate doesn't matter anymore because these people are getting what they want. Instead of waiting on governments to legislate them their gold-money -- the market is providing it for them.

The Big Fudge

Friday, October 27, 2006

TORONTO -- The Canadian Taxpayers Federation (CTF) today reacted to Liberal Minister of Finance Greg Sorbora's economic outlook and fiscal review. The update shows that the province will continue to run budgetary deficits through 2009.

Grits and Tories: Same old advertising story

Friday, October 20, 2006

After three years of modest government advertising, Ontarians are now being inundated with health care and education success stories on television, radio and print media. Just the air time alone for television ads has cost taxpayers $4.5-million to this point.

Business Ethics???

Wednesday, October 11, 2006

In the "Me First" era of the 1980s, there was very little worry for ethics in the business world, and you would have searched long and hard to find a university that dealt seriously with the need for ethics in its business school curriculum.

Cantankerous Consumer:

A splendid addition
to small-car ranks

By David Cobain

Wednesday, October 11, 2006

Superb! Even in a world saturated with shallow superlatives and heavy with hyperbolic horse manure, few terms fit more precisely the qualities of Hyundai's redesigned 2007 Accent hatchback.

Toyota's tribulations
a pleasure for some

By David Cobain

Tuesday, August 29, 2006

Taking pleasure in another's misfortunes is an unpleasant human characteristic encapsulated in the German word schadenfreude. It's an attitude one would prefer not to discover, let alone to nurture, in oneself. Yet...Toyota's latest problems push me very close to it.

Hyundai dethrones Toyota and Honda!

By David Cobain

Friday, August 4, 2006

Give me a break! That’s what I’d have told you even a couple of months ago, if you’d suggested I buy a Hyundai — not to mention what I’d have said a few years ago.

But that, as they say, was then — and this is very much now. In the interim, Hyundai — the little Korean company that just grew and grew — has really come of age.

Of dumb parking,
donuts and digicams

By David Cobain

Wednesday, July 26, 2006

Consumerism is rampant, it's said, but less commonly remarked is that consumers - mere fodder, too often, for the mills of manufacturers, distributors and retailers - are getting the short and defective end of many a hi-tech stick.

Retailers seem not to care. Why should they, they doubtless ask themselves, if consumers aren't bright or energetic enough to do anything about it, to demand better, to go elsewhere if morality and money don't secure better treatment.

Business, Security & Fraud

Business Report:

Sales People as Hunters: One and the Same

By Mark Borkowski

Tuesday, July 25, 2006

In lighter moments I have, on many occasions, amongst friends and with family or with business associates, taken to repeating the following adage: "I only eat what I kill." Any professional sales person that earns their living based on success or commission will be able to relate.

Have you done enough to protect your trade secrets?

By Mark Borkowski
Saturday, June 24, 2006
The recent case between Air Canada and WestJet demonstrates that a company may go to great lengths to acquire the confidential information of a competitor. When dealing with confidential information, the age-old adage applies: "an ounce of prevention is worth a pound of cure". An expert in this legal area is Ralph Kroman, a partner of the Toronto based law firm of WeirFoulds, LLP. Despite what they may think, the transportation industry has lots of trade secrete and know how. Management possess many routes and techniques unknown to their competitors.

Pricing trends in supply chain outsourcing

By Mark Borkowski
Monday, June 19, 2006
More and more companies are outsourcing all or part of their supply chain functions. In today’s competitive economy, the constant need to improve productivity and do things "faster, cheaper and better" has created a growing market for specialist providers of third party logistics services.

The China Factor–A real threat

By Mark Borkowski
Friday, June 9, 2006
A massive shift in economic power is under way. A tenfold surge in high-quality Chinese imports at below US manufacturing costs is changing the landscape. In North America, the message is loud and clear--cut your price at least 30% or lose your customers.

Canada Needs a National Stock Market Securities Regulator?

By Mark Borkowski
Tuesday, May 23, 2006

How should we deal with Market Speculators?

The stock markets of the world are connected and operate on a 24-hour basis through an elaborate electronic network that transacts all the time, enough to finance the entire annual volume of world trade.

Security & Fraud Report:

Burglars bank on your blunders

by Frank Fourchalk
Saturday, June 11, 2005

With the nice weather upon us, we seem to fall into this mindset that the bad guys are in hibernation. Winters over, the coast is clear, so lets throw open all the doors and windows. A burglary isn't going to happen to me, it's just too nice outside!

Postal Lock Timers are a good way to thwart thieves

by Frank Fourchalk
Tuesday, May 31, 2005

There was a break-in at an apartment building. The residents couldn't figure out how the thieves penetrated the security. There were no signs of forcible entry and the apartment owners ruled out the culprit as being a building key in the wrong hands.

Haste beckons thieves

by Frank Fourchalk
Saturday, May 14, 2005

How many more cars are the bad guys going to steal? How may more homes are thieves going to add to their roster of conquests? How many more headaches are we going to suffer before we finally realize that we do have a choice. A choice that may mean shifting from reverse to drive in the common sense department.