Here’s what needs to be done
The pandemic has presented us with many new difficulties that we’re struggling to manage. It has also pushed to the forefront some long-standing challenges that we’ve not dealt with in the past and have become even more problematic in the time of COVID-19. One ongoing problem that the pandemic has made much more serious and…
Reducing our dependence on any one particular market or supplier makes us much less vulnerable to arbitrary and unfair treatment
“It’s not fair!” How often have parents heard this loud, angry declaration from young children at any real or perceived injustice? Children have an innate sense of fairness that demands to be respected. Hence the practice of asking one child to divide a piece of cake and the other to choose first. Fairness has become…
All political parties major contributors to the current situation of confrontation and violence
Politics and the COVID-19 pandemic have led to continuing confrontations and unprecedented uncertainties in the United States. The U.S. is still important enough that these events are reflected beyond its borders, leaving many longing for a return to a more stable situation and for the peace, order and good government, which are Canada’s ideals. Demonstrations,…
The good news? Pandemic under control. The bad news? Very slow growth, high debt, higher taxes, high unemployment
The future is imaginary, said philosopher Baruch Spinoza. We don’t and can’t know what will happen in the future and last year certainly demonstrated that. Nevertheless, the desire to see what the new year will bring always overcomes the future’s inherent mystery. We peer into our crystal balls and bravely prognosticate, knowing full well that…
Vancouver is considering a tax on vehicles entering the downtown. It may well reduce pollution, but at what cost?
One definition of insanity is to keep doing the same thing and expecting different results. Another definition might be to do something different and not expect any changes. We all have a tendency to do this. For example, we get married and wonder why we no longer have the same services we had in our…
Hugs would be best, but we’re not there yet. So make someone smile
Hope is on the horizon. Soon at least one anti-COVID-19 vaccine is likely to be available and we can start to put the pandemic and its problems behind us. However, between then and now, we face an isolated holiday season and a locked down winter. In the face of that, what can we do to…
Human capital enables us to develop or make use of all other forms of capital. There are several kinds of capital. Mentioned most often are investments in buildings, machinery, equipment and infrastructure that enable us to be productive, and the financial assets that represent them. Natural capital is now getting more attention – that’s the…
A better future awaits if we use this period of uncertainty to work on our mental, physical and career well-being
Dread isn’t too strong a word to describe the feelings many have about the winter about to start. The COVID-19 virus is reason enough to worry. There’s not much individuals can do about that except follow all the good advice about staying safe. However, there are two other major depressing impacts of COVID-19 that we…
Governments tend to forget about consumers when managing supply. Open trade to more cheese and challenge our farmers
Cheese heads – it’s what Canadians are called in many of the United States border regions. It’s because when many Canadians visit their American neighbours, they head straight to the nearest supermarket and buy cheese – and milk and eggs. Dairy and eggs are much more expensive in Canada than in the U.S., even when…
If the European Union with 27 very diverse countries and several languages can do it, why can't Canada?
COVID-19 is still running rampant in many countries, is accelerating in Quebec and Ontario and has recently hospitalized the president of the United States. But in British Columbia, we’re hoping we can avoid a second wave this winter. We’re starting to turn our attention from immediate medical issues to the longer term challenge that the…
Elections will turn us away from dealing with the real issues. And we don't seem to have the means to conduct safe voting
We would really like to have many things right now, even though the prospect of getting them any time soon is rather low. A vaccine against COVID-19 is likely at the top of the list. A bit more certainty about our work and social prospects is probably a close second. Instead of dealing with the…
Move away from false statements and over-generalizations and recognize everyone as individuals
Racism exists in Vancouver. How much, how bad and how widespread it is we can debate. That there are other places where the situation is much worse we can agree. But we still have room to improve here. In case there’s any doubt, Fairchild TV has produced two videos (here and here) documenting expressions of…
Offer to do what needs to be done on a contract basis. Since there’s no long-term commitment, it’s easier for the employer to agree
Summer ends, September approaches. Schools may be opening or closing or something in between – even though the ads for back-to-school sales have been conspicuously fewer than usual. As the days shorten, our thoughts reluctantly turn from beaches, picnics and holidays to getting back to work. Perhaps you, like so many others, are out of…
A government deficit is sometimes necessary but we need plans in place to eliminate it and reduce the debt
Deficits have become emotive hot buttons. A deficit arises when governments spend more than their income, which consists mainly of taxes. If the deficiency is not immediately covered, current deficits turn into long-term government debt. No one seems to be neutral about deficits and the resulting debt. Traditional economists argue against them, saying that spending…
We are too dependent on two of our top three customers: the U.S. and China. And both of these are increasingly hostile
Canada relies on exports. In any given year, about 45 per cent of our economy is in foreign trade. For much of the past, our exports have been mainly in the agriculture and resources sectors. These are still important, but services (think international education), manufactured goods (e.g. Lululemon clothing) and technology (e.g. the Canadarm robotic…