The housing crisis in Canada has been decades of policy failures in the making arguably starting in the 90s when the federal government stopped building housing for people. Now, the housing crisis has grown to the point where one of Canada’s largest banks is calling for socialized housing to be
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Things Are Good: How Banks Destroy Your Future, And What You Can do About It
Money makes the world go round, but it can also make the world go burn. If you care about the planet, the people on it, or just life in general then you probably don’t want your investments to destroy what you care about. Investment funds that claim to protect the
Continue readingThings Are Good: Customers of Barclays Threaten to Leave Over Tar Sands
Customers of banks are getting sick of their money being spent on destroying the world so they’re doing something about it. The Dirty Dozen banks are a group of banks that Greenpeace argues are the worst when it comes to investing. Barclays is one of those banks thanks to their
Continue readingThings Are Good: African Development Bank is Going Green
Banks have a reputation for being too greedy for the good of anyone outside themselves; however, some banks are thinking in the long term. The African Development Bank has announced a partnership with Green Climate Fund to push renewable energy and resilient systems. They figure that Africa is the best
Continue readingThings Are Good: New bank Account Morally Monitors Your Purchases
money Aspiration financial firm is a B-corporatoin that wants to help people “vote with their wallets”. It’s incredibly hard for individuals to stay up to date on the damage that large organizations do despite that a lot of people care. Consumers want to punish companies for some of their actions
Continue readingThings Are Good: A Hippocratic Oath for Bankers
Bankers destroyed the economy and in too many countries those responsible walk free despite the damage they wrought. Iceland jailed bankers at fault in their country, but what can we do to ensure that bankers behave in the future? Doctors take the hippocratic oath in order to practice medicine, now
Continue readingCarbon49 - Sustainability for Canadian businesses: Creative Funding for Green Startups
You are an entrepreneur with a fantastic idea for a green startup. You go to the bank for funding but they turn you down. What do you do? Fear not, green warriors! We will show you five non-traditional funding sources for social and environmental startups, including crowd funding and peer-to-peer
Continue readingThings Are Good: Scotiabank Looks to Reward Eco Companies
Banks have a horrible reputation because of their inability to predict economic behaviour, this was highlighted by the ongoing economic claptrap that started roughly seven years ago. Canadian banks have also received a tarnished reputation because of their ongoing unethical investments in the Alberta tar sands. Perhaps as a reaction
Continue readingWritings of J. Todd Ring: The rise of Bitcoin: and the challenge to the global domination of big money
The following article was written on October 25. I wanted to read it over once more before publishing it, then got busy with other things and forgot about it. In the roughly six weeks that have passed since the writing of this article, the Bitcoin prices have gone from roughly
Continue readingThe Scott Ross: In Their Words: Conservatives Responsible For High Household Debt
Canada’s dangerously high household debt is being caused by people spending beyond their means, this Conservative government has done everything possible to make sure Canadians continue to do just that.
In 2006 a newly elected Conservative government…
Continue readingThe Scott Ross: Why Being Conservative With Business Is Bad Business
Turns out Conservatives can’t grow businesses liberally. Go figure.
Since Stephen Harper became Prime Minister the World Bank reports that Canada has fallen from the 4th most business friendly nation to the 17th.
Data shows that not only has Canada …
Continue readingThe Scott Ross: World Bank: Conservatives Making Canada Less Business Friendly
People often assume that Conservatives are pro-business, and they are, if that business is restricting other businesses from starting-up and growing.
Annual data from the World Bank shows that since Stephen Harper became Prime Minister, Canad…
The Scott Ross: Conservative Fiscal Deficits & Ignorant Surpluses
Though many would say that fiscal deficits from this Conservative government are the most worrying, their lack of economic knowledge is far more dangerous.
Before showing the economic ignorance of Conservative MP Pierre Poilievre a quick introduction…
Continue readingThe Scott Ross: America Falling Or World Rising
The United States’ influence is declining in the world, but there is at least one reason why Americans shouldn’t lament. It is not that the United States is falling behind but it is that the world is catching up. The weakening of America’s superiority may raise concern at home, but
Continue readingThe Scott Ross: Europe’s Export of Political Integration
From democracy to banking, Europe has launched institutions that have shaped the world; with its recent financial crisis, Europe might be about to do it again. The European financial crisis is only giving further legitimacy and urgency to greater European political integration. It is argued that with many economies dependent
Continue readingknitnut.net: Weird encounter at the bank
GC and I want to travel a little, maybe go to Newfoundland or New Orleans or San Francisco…anywhere, really. But when we have money we don’t have time, and when we have time we don’t have money, and sometimes we have neither. So we decided to start tucking a little
Continue readingWorld Headlines Review: Debt Ceiling Debate is Moot: USG Owes More Dollars than in Existence
Image by Images_of_Money The current debate in Washington as to whether or not and under what conditions to raise the debt-ceiling has for the past week dominated global news coverage and the public mind. Absent from the debate and mainstream coverage is a discussion of the debt limit in the
Continue readingWorld Headlines Review: Switzerland: Swiss Franc -ly Under Attack
Separate reports this week in the Swiss newspaper Neue Zuericher Zeitung (NZZ) are highlighting the difficult choices Switzerland, and by extension other nations, are facing in the continued onslaught of effective currency devaluation by US and Eurozone officials. The Greenback and the Euro have fallen significantly against the Franc and
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