Posts Tagged ‘Canada’

Strictly Monetary Part II: The Mechanics of Money

In Financial, Strictly Monetary: A Series on January 26, 2011 at 11:59 AM

The global system of money is going through some drastic changes. This piece explains the tools our governments have to control the money supply and the price of money. After this, we’ll be ready to talk intelligently about some of the heavier global issues.

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Strictly Monetary Part I: A Primer

In Advice, Financial, Strictly Monetary: A Series on January 24, 2011 at 12:40 PM

The global system of money is going through some drastic changes. It is one of the more complicated economic topics, but it is worth a deeper look as the dynamics of this change will have a tremendous effect on our lives. This is the first piece on the topic of money, covering how the monetary system works. Each piece will build on the knowledge from the previous one.

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Globalization: If he really loves her, he’ll be back

In Criticism, Financial, Fresh, Popular Posts on November 10, 2010 at 8:11 AM

If Globalization is like dating, Canada has some gorgeous features that make some countries jealous, and other countries eager. This allows her to get away with a lot. If he shows his desire openly, she makes him prove it. When he gets fed up, she’ll wait until they’ve both had time to cool off and then send a coy text message: how r u feelin?

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How to Use Cash as a Pillow

In Advice, Criticism, Financial, Fresh, Popular Posts on November 1, 2010 at 7:52 AM

Here’s what the Investment Industry never tells you about Investing: You may miss out on life. Without precise plans for your savings, Mutual Funds can lure your idle cash with their lucrative long run performance. When stock markets are confused and volatile as they are now, financial advisors will remind you that these are simply bumps in the road to prosperity. Investment has become so commonplace that Canadians don’t think twice when making an RSP contribution as to whether or not that money should live in the markets. How did investing become so ubiquitous?

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On the Fence

In Criticism, Financial, Fresh on October 19, 2010 at 1:22 PM

First, click on this and read the headline.

Then, click on this one.

The same newspaper on the same date, the same source for the article, roughly the same content – yet two distinct headlines. This, from the leading business newspaper in Canada. In one of the articles, it goes on to explain that the buy/rent ratio is probably not even that meaningful, and difficult to compare over time since rent controls affect how much rents can go up while housing remains in a free market.

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Oh Canada! Wooh!

In Culture, Personal on March 1, 2010 at 12:46 AM

There was no way I was going to watch this game at home. My friend Steve met me outside of Hooters about an hour before the game. They were full. We raced to every other bar we could and it was the same story. We finally hit the King St. West Gabby’s (full too) when they informed us that the King St. East Gabby’s had lots of space still. Steve was in disbelief that the bars could be so full, so early, and I said to him, “Dude, this is the biggest hockey game in the last…” and I paused when he finished my sentence for me, “in forever.”


In Financial, Fresh on October 18, 2009 at 9:32 AM

[This is a piece I wrote in the Spring when all this Harmonized Sales Tax stuff came up. I never ended up posting it because it really wasn’t as a big deal at that time (massive job losses and slumping economy were dominating the headlines). But the decision to harmonize our sales taxes with the Federal authorities will continue to pop up, most likely as a political issue. This should provide a good background on why we did it and what it means, and it’s a nice preface to my next article. The real reason I’m doing this is because I want you to be able to spot political misinformation as soon as you see it. When I hear the way politicians speak about tax issues, it’s obvious they’re counting on us to have no understanding of what is actually happening.]

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Clear as Mud

In Criticism, Financial on July 15, 2009 at 9:44 PM

In the Monday, July 13th edition of the Globe and Mail I came across this article about how the economic slump is all but over. Then I clicked around, and came across this article about how Ottawa’s credit strategy (part of the overall stimulus package) isn’t working. The hole in the stimulus plan is that it won’t help small business, which is always a critical part of any nation’s economic recovery.

Same paper. One page points to a sign that the recession is over. Flip the page and it says we’re failing to get out of this mess.

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Canada’s Subprime Problem

In Criticism, Financial on March 15, 2009 at 11:25 AM
The Globe and Mail broke this story. Canada’s subprime problem appears to be a West coast thing, B.C. and Alberta in particular. But when I first saw the headline on the front page of Saturday’s Globe and Mail, I panicked. I’ll tell you why.