Food supply chain resilience put to the test by B.C. floods

Supply chains in Western Canada have always been vulnerable and that’s not going to change anytime soon

Food supply chain resilience put to the test by B.C. floodsImages from British Columbia over the past week have been heartbreaking: human casualties, dairy cows barely breathing above water before being pulled to safety, the loss of livestock across the Fraser Valley. Just devastating. And the flow of goods on rail and roads is severely compromised. Many now claim that flash floods and atmospheric rivers…

Immigration can help solve Canada’s economic challenges

Immigration policy must build bridges and align with economic, social, education and multicultural policy

Immigration can help solve Canada’s economic challengesI was recently invited to share my thoughts and take a futuristic peek at the role of immigration in the post-COVID-19 economic recovery. Immigration, Refugees and Citizenship Canada invited me to speak at its annual executive leadership summit that included more than 250 decision-makers in the executive branch. My presentation spanned the unresolved immigration issues…

Achieving net-zero will take decades to accomplish

The world is learning the hard way that the global economy still relies on fossil fuels

Achieving net-zero will take decades to accomplishWith the UN-sponsored Climate Change Conference (COP26) climate talks in Glasgow over, it is important to review some of the agreements and implications that have resulted from this process and assess the impact on Canada’s energy resources sector. Putting the rhetoric in context One can take seriously the undeniable threat posed by climate change while…

Let’s be smarter on carbon capture. We won’t get to net-zero without it

There is a real opportunity to reduce GHG emissions through decarbonization

Let’s be smarter on carbon capture. We won’t get to net-zero without itCOP26 in Glasgow is likely to call for even more ambitious GHG emission reduction targets than the ones that have been consistently missed by virtually all countries. Canada’s existing target of reaching net-zero emissions by 2050 is daunting enough as is. Strangely, much of the focus of carbon policy has been on reducing the amount…

Plant-based milk alternatives meet consumers’ demand for choice

The real threat to cow-based products might be an appetite for choice in a highly regulated market

Plant-based milk alternatives meet consumers’ demand for choiceWith the explosion of plant-based milk alternatives flooding the market, can cow milk co-exist? Canada’s dairy industry will struggle to survive the competition unless it reconnects with its consumers. Until now, milk wars have been international. Canada’s dairy market is highly regulated through its contentious supply management system. Quotas and high tariffs are used to…

Canada’s capital markets are struggling to invest in the economy

Canada's investment growth rate has dropped below that of the United States and many other developed countries

Canada’s capital markets are struggling to invest in the economyAlarm bells ought to be ringing in Canada. Business, industrial and foreign direct investment have performed pitifully over the past decade, with no reason to believe there will be a turnaround any time soon. As noted by fellow Troy Media contributor Steven Globerman of Western Washington University, “from 2010 to 2019, Canada’s investment growth rate…

How many restaurants do we really need in Canada?

The pandemic may have presented a golden opportunity for the industry to reflect on its future

How many restaurants do we really need in Canada?Did we have too many restaurants before the COVID-19 pandemic? Did the pandemic only wipe out ‘extra’ restaurants in Canada? With the labour shortage, the cost of food ingredients exploding, and the list of regulations growing almost every year, making a restaurant profitable has become difficult. Certainly, the pandemic has presented a golden opportunity for…

Solving poverty needs all hands on deck, advocates say

Creating a more inclusive economy

Solving poverty needs all hands on deck, advocates saySolving poverty in our communities goes far beyond charities and social agencies. Graduates with business, civic planning, arts and other backgrounds have just as much to contribute as social workers, according to University of Alberta poverty researcher Maria Mayan. “We have great young thinkers within our university who want to make a difference in the world…

Canada’s crippled tourism industry must be revived

Impact of COVID on tourism greater than 9/11, SARS, '08 economic crisis combined

Canada’s crippled tourism industry must be revivedThe COVID-19 crisis led to significant travel restrictions around the world. Canada has totally or partially closed its borders to tourists and non-essential travellers. Travel between provinces has also been restricted. Provinces such as New Brunswick, Prince Edward Island, Newfoundland and Labrador banned non-essential travel or all travel between provinces. And we were told not…
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