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Business And Finance

Mortgages

Table 1

I just had the privilege of spending the past two weeks visiting family in beautiful British Columbia. B.C. has this interesting phenomenon called “Summer”. What happens is that for a few months out of the year the rain goes away and the temperature rises above 18 degrees Celsius. It’s quite an...  Read More

Summertime readings

As a child I was a “doer”; I liked to run around, wrestle, and play sports. I wasn’t particularly fond of sitting in one spot, or sitting in general. But in my later years I’ve grown quite fond of this activity called “reading”; maybe you’ve heard of it. Chances are you’re doing it right...  Read More

Minimum wage

Figure 1

On April 1, the minimum wage in Nova Scotia increased from $8.10 to $8.60 an hour, marking a 6.2% increase. The minimum wage is meant to protect some of the most vulnerable workers and guarantee a minimum standard of pay. Unfortunately, this doesn’t happen. Supply and demand teaches us the following:...  Read More

Lack of intelligence in recent bonus package payouts

At the risk of jumping on an already overcrowded band wagon, I’m not too sure about the logic these days behind the AIG and Nortel performance and retention bonuses. Yes, it does look bad when a company lays off hundreds and thousands of its employees, and then gives a handful of executives millions...  Read More

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