New scholarship encourages law students to champion racial justice

Scotiabank launches nationwide scholarship supporting future lawyers tackling systemic discrimination and creating change

New scholarship encourages law students to champion racial justiceStudents in the University of Alberta’s Faculty of Law who are invested in combatting racism and promoting inclusivity will have more opportunities to put their passion into practice thanks to a new Scotiabank scholarship program. The Scotiabank Program for Law Students launched nationwide recently with the goal of increasing the number of future lawyers who are tackling…

Central banks should stay clear of cryptocurrencies

Central banks should stay clear of cryptocurrenciesAmong the many races the pandemic has accelerated, none is so pointless as the issuance of central-bank digital currencies. The Canadian government, which should know better, has jumped into the fray despite earlier opposition. Reversing comments made in February 2020, Bank of Canada deputy governor Timothy Lane now believes state involvement in cryptocurrencies is a…

Sports sponsorship builds our sense of community

BMO has a long history of investing in sports teams in Canada

Sports sponsorship builds our sense of communityI’ve always said that we could only be as successful at BMO as the communities in which we lived and worked. And a key part of that community building was done through our growing corporate sponsorship of sports. Supporting local teams and venues became a major part of enhancing our identity in cities and regions…

Feds reject Fintech help to SMEs during Covid-19 crisis

Trudeau government siding wth traditional banking over the interests of small companies looking to survive the pandemic

Feds reject Fintech help to SMEs during Covid-19 crisisBy Paz Gómez Research associate Frontier Centre for Public Policy The Liberal government has blocked financial technology (fintech) companies from distributing aid to businesses affected by the pandemic. In the age of cryptocurrencies and investment services like Robinhood, the government clings to banks and relics such as cheques by mail. PayPal, Wave and the Canadian…

Passionate customer service could save your business

If you give lip service to treating people well and then treat your team poorly, don’t expect your clients to receive anything different

Passionate customer service could save your businessLike most people (at least 62 per cent, according to a 2019 study by Hello Products), I don’t like going to the dentist. However, this was my week for getting a cavity checked and I headed to the dentist’s office. You know the routine: you get questioned and prodded by the dental assistant as she…

Rise of shadow banking a victory for consumers

Hedge and private-equity funds, mortgage lenders, and money-market funds provide accessible sources of credit

Rise of shadow banking a victory for consumersBy Paz Gómez Research associate Frontier Centre for Public Policy Shadow banking is growing by leaps and bounds in Canada. It’s a C$1.5-trillion industry that expanded by 30 per cent between 2015 and 2017, according to a recent Bank of Canada report. The banking establishment fears a challenge to its power, but consumers benefit from greater…

Canada must regain its competitiveness 

We need tax reforms and other initiatives that will help spur entrepreneurial spirit and encourage investment

Canada must regain its competitiveness Canada is gradually losing its competitiveness – but it can be regained. According to the International Institute for Management Development (IMD), a graduate business school and research centre, we’re down three spots from 2018 to 13th. Canada is now ranked below the United States and Switzerland, as well as other energy-dominated nations such as Norway,…

Too many fault lines in digital voting process

The shambles of the Iowa caucuses reconfirms that electronic voting is still a long way off

Too many fault lines in digital voting processThe recent Iowa caucuses debacle reminded me of two things. First, my about-face as a member of the New Brunswick Commission on Electoral Reform with respect to electronic voting. Second, further confirmation that the electronic infrastructure continues to be an impediment in advancing digital democracy. The 21st century has empowered humanity with electronic connectivity and…

Carney was dead wrong about Brexit

As the Canadian leaves his post as governor of the Bank of England, his legacy is one of bias and wildly incorrect predictions

Carney was dead wrong about BrexitCanadian economist Mark Carney is stepping down as the governor of the Bank of England, to be replaced by Andrew Bailey in March. So it’s fitting to look at how his anti-Brexit bias and activism have damaged his legacy. Anybody actively involved in the Brexit debate is certain to hold strong opinions about Carney, as…

Square eases card payment challenges for small business

Square eases card payment challenges for small businessKarisa Marra is a business expert at Square. She works with businesses of all sizes and types across Canada: from coffee shops to landscapers to restaurants. In her role, Karisa partners with business owners to help them overcome their challenges in running and growing their business. What is Square and what does it do? Marra:…
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