How to spur entrepreneurship in an aging population

Policy levers can strengthen incentives for entrepreneurship and improve the likelihood of successful new business startups

How to spur entrepreneurship in an aging populationBy Steven Globerman and Jason Clemens The Fraser Institute Entrepreneurship is widely acknowledged as the basis for innovation, technological advancement and economic progress – and, subsequently, a driving force for improved living standards. Yet there’s little discussion, let alone action, among governments in Canada to stem the adverse effects of demographic change on entrepreneurship, specifically…

Why being bitten by a dog was more pleasant than your customer service

How many times do your customers leave your business because you’ve trained your staff to guard your products but not sell them?

Why being bitten by a dog was more pleasant than your customer serviceI had just climbed the steepest part of the hill and was out of breath when out of the corner of my eye I saw the dog sprinting out of the driveway towards me. My heart was already racing and I was doing my best to stay on my bike when I felt its teeth…

Britain’s social (and economic) revolution

A stunning 94% of Britain’s richest made their money themselves. Land ownership no longer holds the keys to the kingdom

Britain’s social (and economic) revolutionIf you watched the royal wedding, you’d be tempted to think of Britain’s social order as immutable. While the bride’s background introduced a degree of diversity, the image of Britain as hereditarily hierarchical seemed to be alive and well. Reality, though, is different. The tectonic plates have shifted significantly over the past half-century, transforming what…

Entrepreneurship is at the heart of economic growth

The rate of small-business startups is declining in Canada. Here's what we can do to spur risk takers, who help reshape an economy

Entrepreneurship is at the heart of economic growthBy Jason Clemens and Steven Globerman The Fraser Institute The ability to increase living standards primarily comes down to one thing: being more productive. Individuals and societies can only improve living standards if they become more efficient. Entrepreneurship is essential to this process of transforming inputs such as labour and raw materials into desired outputs.…

Canadians pay the price for unnecessary Crown corporations

With more than $1 trillion locked in underperforming assets, Crown ownership is a hugely important issue for public policy debate

Canadians pay the price for unnecessary Crown corporationsThere has long been a public policy battle over government’s role in running enterprises. Strangely, that battle was not settled in the 1980s and ’90s when many state-owned firms were ‘privatized,’ since Canadian governments still own many Crown corporations. Air Canada, Canadian National Railway, Petro-Canada (now part of Suncor), PotashCorp of Saskatchewan (now part of…

Are you too busy to be really successful?

We’re fooled into thinking that there’s a direct relationship between being busy and success. In truth, we need to find a life balance

Are you too busy to be really successful?A business owner reached out to me to schedule a strategy session. First he emailed me and then he called me. I figured he must be serious. As we were talking on the phone, he told me that he was overwhelmed, he wanted to take his business to the next level but he needed to…

Ottawa’s rules make health care worse

We’ve seen decades of policy paralysis, with provinces constantly under threat of penalty for exploring policy options

Ottawa’s rules make health care worseBy Bacchus Barua and Nadeem Esmail The Fraser Institute What makes health care in our country uniquely Canadian? It’s certainly not the goal to ensure universal access to care regardless of ability to pay. That goal is shared by at least 28 other high-income countries around the world. It’s certainly not that our universal health-care…

Turning business failure into success is a matter of focus

When we get into a downhill spiral of negativity, it’s often hard to change. And negativity can sink a business very quickly

Turning business failure into success is a matter of focusI recently worked with a company to solve a long-standing problem in one of their departments. The stressed owner of the company was frustrated at the lack of positive results. The company had brought in professionals over the years but to no avail. In fact, things were getting worse. Shortly after I came on-board to…

How to stop our top talent from fleeing south to find meaningful careers

With so few small and medium enterprises in Canada, who can blame Canadian tech students from going to the U.S. in search of opportunity?

How to stop our top talent from fleeing south to find meaningful careersConsiderable attention is being paid to the fact that much of Canada’s educated talent is moving to the U.S. to pursue employment, start companies, etc. While government can take steps to suppress brain drain, Canada must develop strategies to prevent other assets from also draining into the U.S. Experts suggest that jobs are best procured…

Does religion have any place in business?

Most of the world religions are based on love. What would happen if there was more love in our business relationships and functions?

Does religion have any place in business?The pastor was clear: “When you have God within you, the business you’re working with will thrive!” The words caught my wandering mind off guard and I tried to focus on what I’d just heard. I’d never heard anyone say from a pulpit that God could make a difference in business. In today’s world, the…