Home Archive for category "Economy"

“Enhancing” CPP is just a tax increase on entrepreneurs

A payroll tax increase during a tentative economic recovery? I know that “enhancing the Canada Pension Plan” sounds like a worthy initiative at first blush. But isn’t it just a tax increase on business? Seems like it to me. If job creation is the key to a continued recovery, CPP already costs the average small

 
 Share on Facebook Share on Twitter Share on Reddit Share on LinkedIn
No Comments  comments 

Canadian Business Leadership Forum 2012

I had the chance to be the luncheon speaker at the 10th annual Canadian Business Magazine Leadership Forum earlier today. It was a unique opportunity to be part of an day-long agenda with a fabulous collection of presenters. They included Dr. Roger Martin: “Canada – What it is, what it can be.” IBM Canada President

 
 Share on Facebook Share on Twitter Share on Reddit Share on LinkedIn
No Comments  comments 

Sloooooowdooooown territory

I’ve got to admit it: the slowdown is finally upon us. You don’t see it in the price of oil, gold or hotel rooms, but it’s there. Back in early August, the risk presented by the Euro crisis pushed me to go to 20% cash on the personal investing side (see prior post “Decade of

 
 Share on Facebook Share on Twitter Share on Reddit Share on LinkedIn
No Comments  comments 

See you again, Chicago

Fixing Toronto Part 16 From what I could tell yesterday, the Twitterverse was dubious about the utility of Toronto Mayor Rob Ford’s business mission to the City of Chicago. In part, this disbelief seemed to be fed by a subset of the journos who accompanied the civic and business leaders on the trip. The absence

 
 Share on Facebook Share on Twitter Share on Reddit Share on LinkedIn
No Comments  comments 

BDC offside OSFI’s prudent lending guidelines

Don’t do as I do, do as you’re told. If you are a Canadian lender, you might be forgiven for thinking there are two rule books. For the regulated banks, such as BMO, Canadian Western Bank, or RBC, the regulatory screws are tighter than they’ve ever been. But if the taxpayer is your shareholder cum

 
 Share on Facebook Share on Twitter Share on Reddit Share on LinkedIn
No Comments  comments