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Latest News
What Canadian investors can learn from the BlackBerry story + MORE Nov 10th
If you missed the acclaimed movie BlackBerry in theatres, it’s airing on CBC and streaming on CBC Gem as a three-part series—with additional scenes—beginning November 9. The limited series chronicles the making and unmaking of Canada’s global technology champion of the early 21st century. En.... More »
Canada’s best credit cards for gas Dec 6th
Gas costs can be a hefty line item, especially for Canadians with a daily commute or even a hybrid situation—and it’s one that is largely out of our individual control. Using the right credit card when you fill up will earn you a return on your fuel expenses. But which card should you pick? We b.... More »
Impak uses crowdfunding to join premier banks Oct 15th
The upstart is part of an emerging movement of fintech companies that apply technology to traditional finance
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U.S. dollar shortages hit Qatar exchange houses as foreign banks scale back ties Jun 11th
Saudi Arabia, the UAE, Bahraini and Egyptian banks began scaling back business with Qatar last week after their governments cut diplomatic and transport ties, accusing Doha of supporting terrorism
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Variable mortgage rates regaining traction as Bank of Canada cuts rates Sep 6th
The decision by the Bank of Canada to cut its key interest rate target this week was good news for borrowers with variable-rate mortgages, bringing back some of the shine for the once popular loans.
The rate cut prompted big commercial banks to lower their prime rates, which are used to set the r.... More »
The North and the great Canadian lie
– macleans.ca
Main Street of the hamlet of Sachs Harbour on Banks Island in the Northwest Territories. (Erika Larsen/Redux)We are not a northern nation, and we need to stop lying to ourselves that we are.
More people live in Moose Jaw than live in the Yukon. Compared to other Arctic regions, Canada has done so little to develop its northern economy that it is now rivalled by the tiny Faroe Islands. There’s still no four-season road to our Arctic shores. The only railroad is falling apart. There’s no longer a port, and it’s easier to fly to Africa than it is to Nunavut.
Canada needs to stop pretending that it cares about the North. Decades of false rhetoric has created expectations among those few who do live up North that someone “has their back.” No one does. They’re on their own and they have been for generations. We tell the world the North is ours, that we are protecting our sovereignty and our vast mineral wealth. But the truth is we aren’t, and those resources are so far from the nearest railhead they may as well be on the moon…
