Articles Canadian Business

  • Are our banks really safe?

    Canadian Business

    If Canada’s banking regulations are not substantially toughened by the time the next global financial crisis hits – yes, there will be another crisis – our Big Six banks may very well find themselves in serious trouble. Again.

  • Canada’s profitability puzzle

    Canadian Business

    What explains Canada’s current economic conjecture? Economist and activist Michal Rozworski takes a look at the data and makes some compelling arguments.

  • Inequality grows as CEOs blackmail the rest of us

    After the US, Canada has the second highest CEO-to-worker pay ratio. Yves Engler argues politicians should legislate a maximum pay differential between the best and worst paid workers in all companies.

  • Why Saying No to Toronto Airport Expansion Makes Sense

    Canadian Business

    Carlo Fanelli calls on Toronto residents and visitors to oppose airport expansion at Dec. 17 council meeting.

  • The Lac Megantic Rail Disaster

    In recent years, some residents of Lac Megantic have repeatedly put forward the view that the operation of the former CPR mainline linking Montreal with St. John New Brunswick through the center of the town is unsafe.

    Until July 6th of this year, it would appear that this view was mistaken, at least in the eyes of the business and political communities. Both chose to dismiss the claim as ill informed.

  • The Presumed Innocence of Capitalism and Lac-Mégantic

    t is always the same. First the shock and horror, then the anger. A terrible environmental disaster inflicted by Beyond Petroleum in the Gulf of Mexico; a horrendous explosion at Union Carbide’s Bhopal plant; a mine disaster, burying people at Westray in Nova Scotia; a factory building collapsing in Bangladesh; a train’s cargo exploding and incinerating people and the city of Lac-Mégantic.

  • Why are Canada’s Trains Vulnerable? Good Old Capitalist Cost-Cutting

    The fireball in Lac-Mégantic, Quebec, flashed around the world last week as a very hot news item. Amidst all the apportioning of blame our sober attention must also turn to what this appalling incident tells us about the dark side of competitive markets, and the complicity of governments committed to facilitating their spread around the world.

  • Quebec’s Lac-Mégantic oil train disaster not just tragedy, but corporate crime

    At the root of the explosion is deregulation and an energy rush driving companies to take ever greater risks

  • Modern Day Slavery

    More than 300,000 temporary foreign workers were in Canada in 2011. This number tripled since the year 2000. Few laws assist these workers and they are often unaware of their rights.

  • Falling into a Burning Ring of Fire

    The last line of common sense seems to be some 20 First Nations whose territories will be impacted one way or another.

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