| There was once a shepherd-boy who kept his flock at a little distance from the village. Once he thought he would play a trick on the villagers and have some fun at their expense. So he ran toward the village crying out, with all his might,... Read more of THE BOY WHO CRIED "WOLF!" at Children Stories.ca |  InformationalPrivacy |
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 After Spain, is Italy Next?Why Read: Because now that Spain's economic woes are close to the center of world economic attention you need to focus on Italy - while still keeping Greece, Portugal, Spain and the Netherlands squarely on your ever more crowded radar screen.
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 Unelected Metro Vancouver Should Get Back to BasicsWhat was once a simple sewer, water and garbage disposal utility has become a bureaucratic, democratically-unaccountable spending machine. It's time to move the Metro Vancouver Regional District back to basics.
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 China Banking Camel In U.S. Tent?Why read: You should know about this - Chinese banks entry into U.S. banking could prove to be important.
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 Tada! MLCC Jets Ticket List ReleasedWINNIPEG, MB: The Canadian Taxpayers Federation (CTF) released a freedom of information response today with details on the disbursement of Winnipeg Jets tickets by the Manitoba Liquor Control Commission (MLCC.) During a debate yesterday in the Legislature, the Minister responsible for the MLCC indicated staff was still busy pulling the details together.
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 Earnings Don't Always Reflect ExpectationsIf you participate in the financial markets, either directly or indirectly, it is important that you understand the role earnings plays in acquisition analysis as contrasted with stock market analysis.
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 Spanish Banks - IMF ReportAn April 25 article reports that a recent IMF overview of Spain's financial system has said the Spanish banking system "remains vulnerable" and needs: a capital infusion; and, a strategy to 'quickly clear away' a collapsing property bubble legacy, where bad debts have now reached U.S.$185 billion.
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 Get Ready for More Tax HikesHold onto your wallets Manitobans because you haven't seen anything yet when it comes to tax increases.
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 IMF World Economic OutlookWhy Read: This commentary links to the International Monetary Fund's 2012 World Economic Outlook. You ought to read the Executive Summary, even if you elect not to scan the entire document or listen to the 45 minute transcript of a related Press Briefing.
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 The Unique Sparkle of Gold ExplorationWith the price of gold rising to variable but generally escalating levels, our global focus has turned golden. Speculation is running rampant on whether gold is merely an asset class appreciating due to fundamental forces or if there are graver implications for the future of the global economy. As the president of a gold exploration company, there is no doubt that the trajectory of my industry's popularity is ever increasing as gold is the global topic du jour. This shimmering spotlight offers me the opportunity to set the record straight on the distinct differences between gold mining and mineral exploration companies.
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 Questionable Expenses, Cue the FreedomSpending up $318 million (2.8%) budget to budget (despite claim of 3.9% cut) $106 million sales tax increase, tobacco & fuel taxes also up WINNIPEG, MB: The Canadian Taxpayers Federation (CTF) responded to today's Manitoba budget with disappointment, noting that the province has not only tabled a larger deficit than it projected in last year's budget, it has pushed back its core balanced budget date; from 2014-15 to 2015-16.
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 Increased Yuan Trading BandWithout continued China economic growth at high levels, developed country economic growth and recovery is less likely. Currency exchange rates play a part in this. On Saturday, April 14 China announced that it was doubling the 'trading band' on the Yuan/U.S.$ exchange rate by 0.5% to 1.0%. This was greeted by general enthusiasm, with reactions that included:
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 Defined-Benefit Public Sector Pension Plans: Who Wins and Who Loses?The payout formulas for defined-benefit (DB) pension plans, such as those typically provided to government employees across Canada, produce little-acknowledged yet striking inequities, according to a report from the C.D. Howe Institute. In "Winners and Losers: The Inequities within Government-Sector, Defined-Benefit Pension Plans," Geoffrey Young shows how plan formulas can produce redistribution of retirement income among members and recommends potential reforms.
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 TransLink Commissioner Audit Finds Tip of Waste IcebergTransLink Commissioner rejects authority's 12.5% fare hike--says money can be found internally VANCOUVER, B.C.: The Canadian Taxpayers Federation (CTF) commended TransLink Commissioner Martin Crilly for rejecting the transit authority's proposed 12.5 per cent fare hike and for highlighting the inefficiency of the organization.
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Film Subsidy Decision the Right One Imagine if every business owner in Saskatchewan walked into a government office each year and was reimbursed for half the money the business paid to its employees.
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 A growth plan to restore Canada's competitivenessOTTAWA, Today's budget presents a plan for economic growth that builds on Canada's economic and fiscal advantages. The measures announced will help Canadian businesses prosper and compete.
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 Mining Association of Canada commends resource regulatory reforms: Budget 2012OTTAWA, The Mining Association of Canada (MAC) commends Ottawa's commitment to modernize federal environmental review processes, highlighted in today's federal budget announcement, while expressing disappointment regarding the announced phased elimination of the Mineral Exploration and Development Tax Credit.
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 Forest Industry Sees Opportunity in Austerity BudgetOTTAWA, - The Forest Products Association of Canada (FPAC) is pleased that the Government of Canada has decided to maintain spending on programs aimed at transforming the forest sector even while tough measures are being taken to tackle the deficit.
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 Federal budget regulatory plan supports responsible energy developmentCALGARY, - The federal government's plan to improve Canada's regulatory process for natural resource projects will generate more jobs and a stronger Canadian economy while ensuring continued environmental performance, Canada's upstream oil and natural gas producers said today.
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Merit Canada Offers Support For Federal Budget 2012 OTTAWA, - Merit Canada, the voice of Canada's open shop construction associations, today expressed its support for key measures and initiatives contained in the federal government's 2012 budget. Terrance Oakey, President of Merit Canada, says he is encouraged that the Conservatives are continuing to focus on creating jobs, maintaining a healthy economy and reducing red tape.
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 Rx&D Encouraged By Federal Government's Innovation AgendaOTTAWA, - The following is a statement by Russell Williams, President of Canada's Research-based Pharmaceutical Companies (Rx&D) on Budget 2012 tabled today by Finance Minister Jim Flaherty.
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 Oil Sands Jobs Help Drive Alberta's EconomyTORONTO, - As Statistics Canada's recent Labour Market Survey results indicate that after six consecutive months of growth, Alberta's labour market slipped 0.3 per cent from the previous month, Mike Winterfield, President of the Professionals division for Randstad Canada, the country's leader for staffing, recruitment and HR Services, emphasizes that despite the dip in February, the Oil Sands Jobs within the Oil and Gas sector that are keeping Alberta's job market healthy.
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 Budget Like a HouseholdImagine the provincial government's finances like a household budget: Your spouse (provincial NDP government) walks in the house, bursts into the kitchen and cries in your direction "where are those credit card application forms? We need to get two more cards as soon as possible as I just got a five per cent pay cut at work."
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 TransLink Must Cut Costs--Starting With Its CopsAs regional mayors and the B.C. Government consider giving TransLink up to two dozen new taxation tools, it is becoming clear that there are problems within the transit authority. Whistleblowers and media have pointed out concerns about nepotism, security, U-passes, safety, communications, fare evasion, polling, superfluous studies and other wastes of tax dollars.
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 Aging OpportunityDid you know that Saskatchewan has significantly more government employees than all other province in Canada?
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 Set Charities Free to Raise More Business IncomeCanadian law should permit charities to raise some funds for their missions through business income from both related and unrelated businesses, according to a report released today by the C.D. Howe Institute. In "At the Crossroads: New Ideas for Charity Finance in Canada," authors Adam Aptowitzer and Benjamin Dachis find that, in the face of financing challenges, charities need the flexibility to finance their non-profit activities through businesses governed by separate, arm's-length Boards.
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