Exporters’ ‘phones have started to ring’ More than three decades of exporting have taught Theo Wiering an important rule: A strong Canadian dollar means weak sales in markets outside the country. “I’ve always said for years that as soon as the dollar goes past 85 cents [U.S.], we’re toast,” says Mr. Wiering, founder and owner
Take a Moment to Appreciate the US Recovery
Take a Moment to Appreciate the US Recovery A few weeks ago, I described why this economic recovery remainsdoubted and unloved. The improvements have been very unevenly distributed, with wide disparities based on education level, geographic location and industry. Some people’s recoveries are far worse than others. However, sometimes we lose sight of the basic
German investors head for Zimbabwe
German investors head for Zimbabwe Zimbabwe’s economy could be on the path to recovery as international investors rediscover the southern African country after more than 15 years of frosty relations with western capitals. A German business delegation led by the head of the German African Business Association, Christoph Kannengiesser, is visiting Zimbabwe on a three
Silicon Desert: Can Kuwait move from oil to entrepreneurs?
Silicon Desert: Can Kuwait move from oil to entrepreneurs? It is a Tuesday evening in a basement room in Kuwait City’s Dasman Complex, a cluster of art supply shops and offices. More than a dozen women – Kuwaitis and expats – are listening intently to 28-year-old finance graduate Arwa Al-Jaser. Ms Al-Jaser used to work
This solar company will power Middle East oil
This solar company will power Middle East oil A Silicon Valley company recently broke ground on one of the largest solar projects in history. No, it’s not using solar panels to power mansions in Palo Alto. It’s using clean energy to pump oil … in the Middle East, no less, the epicenter of the world’s
Swiss top world ranking of business talent
Swiss top world ranking of business talent The country which often gets its reputation through the commercial successes of watches, cheese and chocolate has been named the best in the world for fostering business talent. Lausanne-based business school IMD released its annual World Talent Report on Wednesday showing that Switzerland leads the way in developing,
EU immigration to the US: where is it coming from, and is brain drain real?
EU immigration to the US: where is it coming from, and is brain drain real? In the period between 1998 and 2013, an average of 61 649 EU nationals received lawful permanent resident status in the US each year. Lawful permanent residency, also referred to as “a green card”, gives immigrants basically the same rights
Toll Road Investments – Chicago
Toll Road Investments – Chicago Three of the country’s largest pension investors have struck a $2.8-billion (U.S.) deal to acquire a toll road that links downtown Chicago and its southeastern suburbs in an 88-year agreement. Canada Pension Plan Investment Board (CPPIB), Ontario Municipal Employees Retirement System (OMERS) and Ontario Teachers’ Pension Plan (OTPP) will each
Canada s trade with China
Canada s trade with China In a fifth-floor meeting room at the Four Seasons Hotel in Beijing, Kathleen Wynne sat down for a lecture on selling Ontario products on the Chinese Internet. Chinese customers have fallen for what they assume to be American ginseng, said Jerome Ma, a corporate vice-president at JD.com Inc., a massive
Africa’s big cities offer investors hope in hard times
Africa’s big cities offer investors hope in hard times Africa’s biggest economies have been hammered by the collapse in commodity prices over the past 18 months but there are still investment bright spots to be found. In cities such as Lagos, Nairobi, Accra, Kinshasa and Johannesburg, growth remains robust and investors are prospering in the
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