Comments for Canadian Business

Comment on Marois says independent Quebec would use dollar, request Bank of Canada seat by 17walter

17walter — Fri, 14 Mar 2014 14:43:51 +0000

Note to Quebec:
We don’t want Quebec to leave Canada.
Note #2
Heed Note #1

Comment on Could a case in Ecuador impact future Canadian LNG plants? by jkleinl

jkleinl — Fri, 14 Mar 2014 02:28:43 +0000

THIS IS A CASE WHERE A GLOBAL CONGLOMERATE HAS DONE INCREDIBLE DAMAGE TO THE AMAZON JUNGLE ENVIRONMENT. IT IS NOT ONLY A CASE OF DESTROYIMG THE INDIAN´S HABITAT. IT IS A CASE OF ENVIRONMENTAL DESTRUCTION OF HUGE PROPORTIONS. TEXACO AND CHEVRON IN TURN HAVE REFUSED TO REMEDY THE DAMAGE CAUSED. MORE THAN 30 YEARS HAVE GONE BY AND IT SEEMS THAT THE WORLDWIDE STRANGLEHOLD THAT OIL MONOPOLIES HAVE ON SMALL COUNTRIES IS EVERLASTING. THIS IS NOT ONLY A MATTER OF JUSTICE. IT IS AN EXAMPLE OF THE “SO WHAT” ATTITUDE THAT IS DESTROYING THE WORLD AS WE KNOW IT. FOR SHAME !!!

JOHN KLEIN

Comment on Forget Ford and Bieber. Wait till people find out Canada wants its porn locally sourced: Nowak by legalguy

legalguy — Thu, 13 Mar 2014 22:47:50 +0000

What the puck, eh!

Comment on How should Canadian house prices be cooled off? by hctroubador

hctroubador — Thu, 13 Mar 2014 18:00:26 +0000

How many times does it take failure, if not catastrophe, to prove Governments shouldn’t intervene in markets to equalise outcomes (or even worse, pick winners and losers). The least economically developed areas will always be hardest hit in a downturn, and share less in an upturn. There are many reasons why they may be disadvantaged, but having a high tax regime (hello Quebec) is first among them. Rather than look for ways to rig the rules to benefit them, Provincial and Municipal governments would be better on focusing on ways to build growth, and therefore demand. Demand is the ultimate mattress for if not a soft landing, then a quicker recovery.

Comment on How should Canadian house prices be cooled off? by TSL

TSL — Thu, 13 Mar 2014 12:21:07 +0000

The reason why mortgages are uniform is because of mortgage backed securities guaranteed by the government of Canada. All mortgages issued within a certain timeframe are bundled with no regional variation. the risk for the security is assumed by the Federal taxpayer averaged over the entire Canadian market pool. We do not have Toronto or Vancouver securities. The bundling is facilitated by our relatively homogenized product across the country. We do not have the US’s Jumbo tranches or sub-prime tranches. So there is no risk-weighting across regions or sectors. If we do not offer a homogenized mortgage then the securities will have to be separated to allow for tranched risk assessments by purchasers.

Comment on It’s time Canadian CEOs start speaking out on political issues: James Cowan by Mrirejag

Mrirejag — Wed, 12 Mar 2014 23:34:28 +0000

I am a firm believer that when it comes to politics/government, and business, there should always be separation. The only thing that should govern business is the economy, not the government.
CEO’s too should stay out of governmental issues.
It seems that every time the two mingle, bad things happen. Expressing an opinion is one thing, but to try and do something about it is a complete mistake.

Comment on GM excluded crash deaths from inquiry into deadly ignition switches, company document says by campgal

campgal — Wed, 12 Mar 2014 23:08:08 +0000

i have a 2004 saturn ion what should i do about recall do i go to gm dealer? pauline hill at paulinehill52@yahoo.com

Comment on It’s time Canadian CEOs start speaking out on political issues: James Cowan by BManBram

BManBram — Wed, 12 Mar 2014 22:15:45 +0000

The most telling sentence in James Cowan’s piece is this one: “Lack of clarity is now doing more damage than new regulations could.”

“Lack of clarity” is just a polite way of saying “lack of honesty.” Fudging the truth is the default setting for government and corporations — always has been, always will be.

Good for Louis Audet that he spoke up. But let’s not nominate him for sainthood just yet. The realist in me thinks he did the math — counting the votes of federalist and Pequiste directors on Cogeco’s board and looking long and hard at the political leanings of its customer base — before walking out on this limb.

An even more cynical view would be that M Audet foresaw Pierre Karl Peladeau’s entry in Quebec politics as a PQ candidate and realized he and Cogeco could make hay with it.

Let’s just call this a case of enlightened self-interest, and nothing more.

Do you really think the average HHI $50,000 Canadian — the majority of electors — believe that Audet and the $1 Million+ CEOs in his pay grade are looking out for anyone’s interests but their own?

Smack yourselves upside the head, homies.

Comment on It’s time Canadian CEOs start speaking out on political issues: James Cowan by dhoward

dhoward — Wed, 12 Mar 2014 21:52:00 +0000

This article talks about the difference between American and Canadian CEOs on speaking about their political views. The American experience is a perfect example of why they should not speak out. Since the Citizens United court ruling, Americans have seen billionaires like the Koch brothers, and Adelson try to buy elections. Many businesses tried to intimidate their employees into voting Republican (such as when one mining company forced its employees to attend a Romney rally and donate to his presidential campaign). Now, it’s beginning to backfire. In the midterms, the Democrats are rightly campaigning as much against those big money campaigners as the Republicans, starting a campaign called “Addicted to Koch”

Comment on Can Lululemon’s new CEO save the company? by BladeBranding

BladeBranding — Wed, 12 Mar 2014 12:52:47 +0000

We wish Potdevin all the success in the world, it would be great to see this Canadian brand regroup and be on top. But as we shared with our readers earlier this year, it’s not going to be easy. “Can Lululemon Recapture Their Brand Success?” http://bit.ly/K7Klek

Comment on Virtual currency Bitcoin ATM arrives at Boston’s South Station rail hub by LouisMcClendon

LouisMcClendon — Wed, 12 Mar 2014 10:02:01 +0000

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Comment on Canada and South Korea announce they have concluded a free-trade deal by 17walter

17walter — Tue, 11 Mar 2014 15:41:04 +0000

You know, when you read about Ford Canada’s comments and whining, you have to wonder how a union boss could be so self centered in his comments about this trade deal. Yes, 95% of industries benefit, yes, new industries and companies will now be able to supply not only south Korea but through SK, most of Asia. And yes, the agriculture industry benefits tremendously and so does the aerospace and and industries and this union boss is whimpering in his gloom.
How narcissistic is that?
Grow up Union Man and get into the 21st Century for God’s sake.
This is going to be great for so many aspects of our Canadian economy, it beggars the imagination. Just like the to be ratified EU deal.
Get over it Union Man, it’s a global economy.

Comment on For Wall Street interns, it’s all work and no play—and that’s not good for anyone by KJC

KJC — Mon, 10 Mar 2014 22:47:07 +0000

This helps to explain some of the garbage eminating from GS and the like. Why I ignore most analysts…particularly those who have conflicting points of view in the same writeup….all about churning out self serving paperwork..

Comment on GM recalling nearly 780,000 compacts for ignition trouble; engines can stall and cause crashes by Aquajmm@MSN

Aquajmm@MSN — Mon, 10 Mar 2014 02:19:10 +0000

You need to look deeper like 2007-2008 Chevy Equinox. Google it/ My Equinox 2008 scared me so much that I thought each day I prayed I wouldn’t die or sustain severe injuries each day when I got into it. I brought the automobile used at a large dealership. I had to return it to the dealership x4 less than 6 months/ When I drove it I would never know if I would become a high speed uncontrollable torpedo heading toward ? My Equinox for no reason would just stop at high speeds, low speeds it didn’t matter. The scary part was the brakes would then become a hard brick with inability to steer, no brakes to stop. Each ti,me the dealership would take it for a drive unable to find what was wrong including the manager getting stuck but still unable to find the problem they even called GM. I finally gave up after the 4th time. I wanted to live!

Comment on Philippines’ largest burger chain looks to expand into Canada by shielac

shielac — Sun, 09 Mar 2014 15:18:05 +0000

Jollibee pls come in Calgary and here in Lethbridge too. Miss u Jollibee!

Comment on Citing lack of regulations, judge dismisses FAA’s only fine for flying a small drone by Tim Radbourne

Tim Radbourne — Sat, 08 Mar 2014 20:31:33 +0000

Wonder if Canada’s UAV drone laws will survive a similar legal challenge?? Will drone use be thrown wide open to all?

Requiring a SFOC for commercial use, but not requiring one for recreational use is grounds for challenge up here too.

Comment on ING Direct’s “Tangerine” rebrand will only work if Scotiabank leaves it alone: Bruce Philp by terron

terron — Sat, 08 Mar 2014 20:10:59 +0000

I hope the rebranding of ING to Tangerine will be a complete success & BNS will let them continue as is & introduce new inovative products I have been with them from the beginning & have fair amount of money with them While I still need a full service bank in my area I like the saving on fees actualy getting paid interest on saving accounts [US or CND $] no matter what size the extra interest on GICs & the ease of making transfers to & from my full service bank It is a good place to have some of your RRSP RIFF TFSA & Investment Funds Being able to do most things directly on the computer or being able to talk to a real person on the phone GOOD LUCK Tagerine

Comment on Bernard Lord to take over as chair of OPG, Sandra Pupatello at Hydro One by yellowcanoe

yellowcanoe — Sat, 08 Mar 2014 02:46:08 +0000

A background in Engineering, preferably Electrical Engineering, should be a prerequisite for these jobs. I doubt that these former politicians have any engineering experience or training. Having unqualified people running the show is one of the reasons why our electrical system in Ontario is so FUBAR’d these days.

Comment on Is Tim Hortons’ new Crispy Chicken Sandwich any good? by retired45

retired45 — Fri, 07 Mar 2014 22:59:49 +0000

I love Tim Hortons as a Canadian icon and meeting place. The coffee is not bad but not great. Two things I would like to see…
1) The option of a better, dark roast coffee like Starbucks (with cinnamon available please)
2) A loyalty coffee card – because I think it would keep people coming back. McD’s got something similar.

Comment on Canadian bitcoin bank collapses after hackers steal digital currency by DrRTFM

DrRTFM — Fri, 07 Mar 2014 00:56:55 +0000

Bank? Hardly.

Comment on Jason Kenney heading to Germany, Great Britain, to study apprenticeship systems by DrRTFM

DrRTFM — Thu, 06 Mar 2014 23:03:25 +0000

Or he could save a lot of money and just spin by Waterloo where we’ve been doing things right for six decades and counting ….

Comment on Roku Streaming Stick takes aim at modern-day TV wire mess: Peter Nowak by DrRTFM

DrRTFM — Thu, 06 Mar 2014 02:01:15 +0000

Roku will sell approximately zero TVs. As for Smart TVs, why buy one when you already have a perfectly functional plethora of set-top boxes, including the average Bluray player which comes with all of that streaming functionality. Worse, a smart TV constrains you to that TV manufacturer’s idea of “smart.” Why limit yourself. Keep the TV as a dumb screen and plug into it what you need.

Comment on Chinese millionaires urge Canada not to ditch their immigration applications by DrRTFM

DrRTFM — Wed, 05 Mar 2014 15:50:49 +0000

It strikes me that given today’s low interest rates, essential the government was asking for a five-year loan in exchange for citizenship, which seems a poor bargain. That said, why not offer those on the waiting list an alternative rather than simply dump them off the list? For example, why not change it to: you must set up a company employing some minimum number of people for some minimum period of time. Set it up as an experiment and see how well it works.

Comment on Chrysler commits to Ontario plants, but withdraws request for government aid by legalguy

legalguy — Tue, 04 Mar 2014 18:49:53 +0000

Charge a 25% import duty on all Chrysler cars not made in Canada.

Comment on CMHC hikes average cost of mortgage insurance by 15% by 17walter

17walter — Tue, 04 Mar 2014 03:59:28 +0000

What a horrible and pathetic tag line your author has processed with this fear mongering article.
You as the editor and you whoever wrote this garbage should be fired.
15% increase??????
Give the public and your readership some truth in advertising PLEASE
You bury in the article ” ,,,,,have to take on around $900 more in debt under the new rates.

However, Hogue noted that spread over the 25-year life of a mortgage,,,,”. Is that your exit strategy for trying to make
a viable and meaningful article? That works out to $ 36 per year increase!!!! That’s it! $ 36. And the poor poor average guy
gets nailed by the big bad money hungry blood sucking banker and government.
GIVE
US A BREAK. This is such irresponsible reporting as to be embarrassing.
You at Canadian business should be ashamed. You are shamed for that matter.
Jus to get some clicks for readership. Truly sad and pathetic reporting and editing.

Comment on Oil drops after jumping to nearly $105 over Ukraine crisis by folio159

folio159 — Tue, 04 Mar 2014 00:13:10 +0000

Hey Europe we have some “dirty oil” to sell you, nudge, nudge, wink, wink.

Comment on How we ranked the Canadian companies paying unusually low taxes by Fifth Age Sage

Fifth Age Sage — Mon, 03 Mar 2014 19:06:12 +0000

I notice the absence of all of Canada’s major Banks! I would love to know if this is because they are paying a much higher rate of tax, or if you couldn’t get their information, or if you have decided to leave them off this list?

Comment on With Unifor’s Toyota Canada union drive, neither side can afford to lose by Lola

Lola — Mon, 03 Mar 2014 02:12:28 +0000

Unions exist to protect workers and do not necessarily increase the cost of the end product. Many long term Toyota workers earn more than GM or other auto workers, however wages are not always worth the other sacrifices that must be made, the wages paid to an auto worker add less than 7 per cent to the average cost of a car. The bonuses and premiums paid to the shareholders and senior executives add more than 20 percent. Maybe wage cuts should be made at the top??

Comment on Loblaws’ new “PC Plus” loyalty program is really a game in disguise by Slypty

Slypty — Sun, 02 Mar 2014 14:25:55 +0000

I hate this car.d. My first time signing up, I noticed I wasn’t rewarded any points, and had spent a bundle on the Items which I would get Points for. I called Customer Service from Loblaws, and the CSR Agent told me the Points Card would be on MY PC Bank Card, and not the PC Points Card… since I was already a member with PC Banks….. sounded weird… but that first time, I did get a lot of points for my purchases.
I always load my Points before I go to Shop, so they should be ready.

Since then I figured everything would go smoothly. Each transaction I’ve made, I’ve noticed the following problems:
- The points don’t show up on my receipt for which Items earned me points, the Cashier’s seem a bit clueless about the whole matter (I think they are forced to promote it, but know it’s a bit of a scam.)
- Anyways, about 10 diligent Shops dedicated to earning points, the total points I’ve earned: 0
- I can review my ‘past transactions’, and although I’ve been purchasing the products to earn me points, nothing has shown up on my card.

Overall, it’s a waste of time and money. Even if I do get my points now by complaining, was the hassle worth it?

Comment on Ending home delivery will save Canada Post, not kill it by TailorToronto

TailorToronto — Sun, 02 Mar 2014 11:27:28 +0000

I am now moved to Toronto, Ontario Canada. Now the times to home delivery and take a part of any business service which may be it Tailoring or custom shirtor suit making or home appliances.

Comment on Sometimes safety regulations hurt the poor more than they help them by legalguy

legalguy — Sat, 01 Mar 2014 14:11:39 +0000

This is disgustingly unethical.

Comment on Why are some Canadian companies paying almost no tax? by Walter Grant

Walter Grant — Fri, 28 Feb 2014 16:49:42 +0000

Dear Ed;
I find it interesting that the “Bermuda-owned” Irving $4.billion dollar empire is nowhere to be found in your story? Perhaps Canadian tax is paid regularly by this conglomerate OR is the Irving Group avoiding Canadian tax altogether by having benefit of Bermuda ownership?
W. Grant, Halifax NS

Comment on Philippines’ largest burger chain looks to expand into Canada by PinoyEh

PinoyEh — Fri, 28 Feb 2014 16:01:27 +0000

Everyone is heading west anyway…why not start in Alberta…Calgary or Edmonton doesn’t matter where.

Comment on Hot Stock: Toyota Motor Corp. by nathponn

nathponn — Thu, 27 Feb 2014 19:31:37 +0000

Stock pick P and GRNH hot picks
http://www.simplythebesthotstocks.com

Comment on Former Sears CEO D’Ambrosio compensation worth nearly 90 per cent less in 2012 by CBUser148614

CBUser148614 — Thu, 27 Feb 2014 18:15:35 +0000

I hope Sears with all of it’s Financial Problems caused by their own Stupidity does not forget it’s Retires that worked their Ass’s off for Years for this Company waiting for the big day when we can Retire from a great Great company Like Sears/ SLH Transport Inc. If we had to do it again and by this I mean work for the same Company , I would not think Twice about it because they were the Greatest of them all to work for and I hope they Realize that by Keeping our Pensions and Benefits alive as Promised and for the Rest of the Employees still working, I hope the Company Brings back the Profit Sharing Program again .
Mr.Jay/ St.Thomas Ontario Canada

Comment on With Unifor’s Toyota Canada union drive, neither side can afford to lose by c_rie_go

c_rie_go — Thu, 27 Feb 2014 14:12:34 +0000

Unions = greater cost to employers and (ultimately) consumers. The Toyota brand barely justifies the premium currently charged on their vehicles and any increase in price will definitely impact demand. Lower demand = job cuts or actions to minimize costs. Seems that the employees are being treated quite well at Toyota and perhaps before the make any decision on unions they should investigate alternative employment available to Canadians just in case they find themselves in the job market as a result of their decision. I am reminded of the fairy tale with a lady (union) that lives in a gingerbread house, going in seems like a great idea to the brother and sister outside (Toyota employees), who doesn’t want all you can eat candy…you know how it ends.

Comment on Free coding bootcamp #HTML500 aims to solve Canada’s tech skills shortage by DrRTFM

DrRTFM — Wed, 26 Feb 2014 17:31:16 +0000

Learn HTML: because the world needs more websites ….

Comment on Hudak urges Liberal government to reject Chrysler’s ‘ransom’ demand by DrRTFM

DrRTFM — Wed, 26 Feb 2014 17:29:49 +0000

I know Hudak doesn’t like the Liberals, but I never really thought he’d go so far as to destroy his own party just to ensure the NDP could beat the Liberals …. At least, that’s the only rational explanation I can put on his behaviour and comments, which seem to contradict even Harper’s own views.

Comment on Apps and robots will change fast food (and the job market) as we know it: Peter Nowak by DrRTFM

DrRTFM — Wed, 26 Feb 2014 17:26:23 +0000

Given that low-income people seem to be the biggest users of such establishments, one does wonder where they will acquire the necessary income to use the establishment. Indeed, why not just go the extra step and have a robot in the home to make the food, so I don’t even need to leave the home. And my robot can do my work. Likely it can type up these comments. I expect in the near future, humanity will no longer be necessary to help robots reproduce, at which point we will be happily redundant. I hope you all look forward to living on Asimov’s Solaria.

Comment on Sears Canada Q4 revenue falls 10 per cent but profit rises due to unusual items by DrRTFM

DrRTFM — Wed, 26 Feb 2014 17:13:13 +0000

Isn’t Sears dead yet? I gave up on them nearly a decade ago after the stove they sold me died within a few years. Sears used to sell quality. They stopped. So I stopped. They will die. I will buy elsewhere.