What some of Canada’s top founders and entrepreneurs learned in 2016 + MORE Dec 19th

B.C. Premier Christy Clark. (Adrian Wyld/CP)
B.C. Premier Christy Clark caught almost everybody by surprise on December 15 with the unveiling of a program to give qualifying buyers no-interest loans of up to $37,500 for down payments on their first homes.
Beginning in January, the Home Owner Mortgage and Equity (HOME) Partnership Program will lend buyers pre-approved for an insured mortgage 5% of the purchase price (to a maximum of $37,500) for 25 years, with no interest or payments during the first five years. After that, participants in the program pay interest at market rates. Participants must be Canadian citizens or permanent residents with a household income of less than $150,000 and the purchase price cannot exceed $750,000.
.cbR{box-sizing:border-box;display:block;width:100%;margin:1em 0;border:1px solid #bbb;padding:.5em}@media (min-width:480px){.cbR{width:250px;margin:0 0 1em 1em;float:right}}How Vancouver’s runaway real estate became a national problem
“People need a partner in scraping together that first down payment,” Clark said in explaining the initiative…

FILE- In an Aug. 15, 1986 file photo, actress Zsa Zsa Gabor is shown Los Angeles. Gabor died Sunday, Dec. 18, 2016, of a heart attack at her Bel-Air home, her husband, Prince Frederic von Anhalt, said. She was 99. (AP Photo/File)
LOS ANGELES — Zsa Zsa Gabor, the jet-setting Hungarian actress who made a career out of multiple marriages, conspicuous wealth and jaded wisdom about the glamorous life, has died. She was 99.
The middle and most famous of the sisters Gabor died Sunday of a heart attack at her Los Angeles home, husband Frederic von Anhalt told The Associated Press.
“We tried everything, but her heart just stopped and that was it,” he said. “Even the ambulance tried very hard to get her back, but there was no way.”
Gabor had been hospitalized repeatedly since she broke her right hip in July 2010 after a fall at her Bel-Air home. She already had to use a wheelchair after being partly paralyzed in a 2002 car accident and suffering a stroke in 2005. Most of her right leg was amputated in January 2011 because of gangrene and the left leg was also threatened…

Disruption requires understanding
“In applying to become a national stock exchange in the U.S., IEX faced a very tough process to be approved by the Securities and Exchange Commission (SEC). The New York Stock Exchange and NASDAQ were fighting against us and the institutional investors that supported us. Thankfully, after hearing all sides of the argument, the SEC approved IEX [in June], but it took a very long time. We saw firsthand how a process that was designed to protect the interests of everyday people almost worked to the exact opposite end. Incumbents have lawyers, experience and lobbyists; they often understand the process better than the new entrants. Disrupters have to understand regulation as well as—or better than—the established players they’re challenging.”
—Brad Katsuyama, co-founder & CEO, IEX (The Investors Exchange)

Stick to your principles
“I learned to accept change, adapt accordingly and move forward—while also managing to stay true to my core values…

Automation has consequences
“The disappearance of the good-paying jobs of assembly-line workers is likely occurring faster than the addition of new jobs developing artificial intelligence and robotics. Never in our industrial history have we had to deal with displacement at this speed. This year, it really struck me hard: Every single investment that I make is a double-edged sword. Just because we can build it doesn’t mean that we should.”
—John Ruffolo, CEO, OMERS Ventures

.cbR{box-sizing:border-box;display:block;width:100%;margin:1em 0;border:1px solid #bbb;padding:.5em}@media (min-width:480px){.cbR{width:250px;margin:0 0 1em 1em;float:right}}How Jennifer Reynolds is working to get women to return to finance jobs
There’s talent everywhere
“Our organization expanded nationally this year. Going through that process made me realize what an immense pool of talent we have in Canada—there is a huge pipeline—and what power we have when women engage in initiatives and objectives together…