5 Minutes for Business

5 Minutes for Business | Canucks in the Volunteer State

5 Minutes for Business | Canucks in the Volunteer State Want to understand the reality of trade in North America? Start at the FedEx Super Hub in Memphis, Tennessee at 1:00 a.m., watching the incredible flood of 3.3 million packages daily, ripping with machine-like efficiency over 300,000 conveyor belts spread out over 862 acres. Our delegation’s four days in Tennessee […]

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5 Minutes for Business | The Explosive Debate around Minimum Wage

The Explosive Debate around Minimum Wage Big increases to minimum wage are becoming fashionable in Canada: first Alberta (from $12.20 currently to $15 in October 2018), then B.C. (from $10.35 to $11.35 in September 2017) and now Ontario (from $11.40 to $15.00 in January 2019, a 30% hike in 18 months). Are workers better off or does it mean fewer jobs? […]

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5 Minutes for Business | Modernizing NAFTA

Modernizing NAFTA We remain optimistic that NAFTA 2.0 could be a huge boost to the economies of North America because there is so much to be gained. But we’re also starting to worry: anti-trade rhetoric and posturing could veer the talks towards trouble. There are a lot of contentious issues to resolve in an unreasonably […]

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5 Minutes for Business | How Europe Got Her Groove Back

How Europe Got Her Groove Back Poor Europe! She suffered years of economic stagnation and austerity. Costly government bailouts and a drawn-out banking crisis sapped her confidence. Terrorism and an unprecedented surge of migrants poisoned political debate and encouraged extremists. The final insult came when the British voted to leave her. By the end of […]

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5 Minutes for Business | Exiting Europe and Terminating NAFTA – Have our Trading Partners Lost it??

Exiting Europe and Terminating NAFTA – Have our Trading Partners Lost it?? From Europe to the U.S.A., our largest trading partners are burning up with anti-trade fever. Is it a short-term flu of harmless populism or the most destructive strains of anti-globalization since the 1930’s? Last week the Trump Administration leaked a draft executive order […]

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5 Minutes for Business | A Big Boost to Business Investment

5 Minutes for Business | A Big Boost to Business Investment By: Susanna Cluff-Clyburne, Director of Parliamentary Affairs, The Canadian Chamber of Commerce Canada’s businesses are optimistic about increasing investments this year, but there is a big barrier that needs to be addressed. Before any development project, such as a mine or road can begin, […]

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5 Minutes for Business | Let’s Not “Wait and See”

5 Minutes for Business | Let’s Not “Wait and See” – Federal Budget 2017 The funniest line on Federal Budget 2017 officially goes to John Ivison who said reading the federal budget was like being “relentlessly flogged with warm lettuce.” The runner-up comes from one of our NDP friends who described it as the “Seinfeld […]

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5 Minutes for Business | The Number One Threat to America – Border Taxes

5 Minutes for Business | The Number One Threat to America – Border Taxes We’ve all been so focused on the renegotiation of NAFTA—the lists of demands (ours and theirs), how long will this drag on for, rules of origin—that maybe we’ve missed a much bigger threat to North American trade, border taxes. The proposed […]

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5 Minutes for Business | How to Persuade on Trade – Putting an extra “F” in NAFTA

5 Minutes for Business | How to Persuade on Trade – Putting an extra “F” in NAFTA At a press conference on February 2, President Trump said “we want to put an extra ‘F’ in NAFTA. Do you know what that ‘F’ stands for?” It’s not what you’re thinking. 5 Minutes for Business explains the […]

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5 Minutes for Business | United States of Shock

Wow! Everyone got it wrong—pollsters, analysts, pundits—we’ve all been underestimating Mr. Trump’s appeal from the first day he announced his candidacy, our worst forecasting error since Brexit. Actually, it’s much worse. So what comes next? And what does it mean for Canadian business? The big issue is what drove Mr. Trump’s victory, most importantly the […]

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