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A Detailed Analysis of the Economic Effects of Raising the Minimum Wage
1.3% of hourly employees were making the minimum wage or less in 2022, the lowest percentage before agencies started collecting this data in 1979. A minimum wage worker, who is making the hourly minimum of $7.25 for 40 hours a week, would only make around $15,000 a year. What’s more,
Forex – what will playing the market look like in 2024?
The forex market is constantly changing and 2024 will be no different. We outline how playing this market will change in the near future. How will the forex industry change in 2024? This year, the foreign exchange market was heavily influenced by the coronavirus pandemic. Currencies were often bought and
The best economics schools in the world. Why do parents choose economics for their children to study?
Best Economics Schools in the World Selecting the right field of study for your child is a significant decision. Among the multitude of academic disciplines available, economics has emerged as a popular choice for many parents worldwide. In this article, we will explore the top economics schools in the world
Global Development Initiative Provides Accelerator for the Realization of the 2030 SDGs
ABOVE: Aerial photo shows an electric multiple unit (EMU) train of the China-Laos Railway crossing a bridge over the Yuanjiang River in southwest China's Yunnan Province, Dec. 3, 2021. Photo: Xinhua/Wang Guansen By H.E. Cong Peiwu, Chinese Ambassador to Canada At present, the world economy is struggling to recover, the
A Misguided Banker
I read with interest a Bloomberg article entitled “Italy Could Spark European Bank Crisis.” The article quotes Societe Generale Chairman Lorenzo Bini Smaghi as saying that “governments must accept the idea of taxpayer money as the ultimate recourse.” Lorenzo Bini Smaghi has held many impressive positions within the European Union
People Need Less Money to Live As They Get Older? If Only.
Pension plans for teachers, hospital workers and public servants target of study hype By Michael Wolfson Last week the C.D. Howe Institute released a short study just in time for the finance ministers’ meeting – rolling out the tired, old argument that as people age, they do not need as much money
BREXIT – The Economics
"Britain's exit from the European Union is of less significance than the economists have contemplated" at least to the UK. The economic pundits, always in sync with the status quo have hopped on a new bandwagon! They shout "The evil English have separated from the EU and they will be
Pharmacare is for Kids Too
Written by Avram Denburg and Steve Morgan You are the parent of a sick child. You have a limited budget and you must decide to buy the medicine the doctor prescribed for your child or provide food and shelter for your family instead. What do you do? Sadly this dilemma is one too
The Church and State Debate
By Michael Coren Oh Mr. Lunney, whatever are you playing at? Long-time Nanaimo MP James Lunney announced recently that he was leaving the Conservatives because he could no longer speak as a Christian while being part of the party caucus. There was, he said, a nasty sense of religious persecution
Changing the Future: Moisture Vaporators
The technology of science fiction is often flashy and impressive, but more mundane seeming inventions that make up the background of movie sets are equally likely to change the real world. The perfect example of this is the moisture vaporator, a device that is mentioned in passing in the original
3D Printing the Future
Photo credit: www.decisionsdurables.com It has been over a year since I talked about 3D printers on this blog, but the innovators who are focusing on this technology have been far from idle. Progress is constantly being made in this field and some recent headlines have perfectly highlighted some of the
Other benefits of advancing technology: BNNTs
Photo courtesy of Oak Ridge National Laboratory Hello again science fiction fans. I apologize for my long absence, but I am back and will once more be bringing you news about exciting new technologies. However, in this week's article I would like to take a different focus and examine an
Back to the Ballot Box
What you need to know about the Mayoral Candidates for Ottawa’s 2014 Civic Election Do you know who you will be voting for on Monday, October 27? With the civic election approaching, OLM took a look into what each candidate envisions for the city, should they be elected to office.
Canada’s Building Trades Unions: How One Union is Fighting for Canada’s Economic Future
Representing 15 unions and 60 different skilled trades, Canada’s Building Trades Unions (CBTU) has the job of keeping the construction industry in Canada safe, high-paying and fair. These challenges, however, are only a few of the many facing the CBTU and Canada’s construction industry. Half a million members strong, the
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