As consider the acquisition requirement by Maple Group will affect the majority ownership of TMX, Wayne Fox, the director of TMX said merger with LSE also was the better choice than with Maple Group. The rejection inspired Maple Group patriotic feelings, as the local company of Canada, they didn’t want the Toronto stock exchange be the part of London stock exchange company, therefore, Maple didn’t give up to acquire TMX. Until 30 June, 2011, LSE and TMX give up their merge plan as no more than half of the shareholders of TMX agree with the acquisition. When we analyse the reason why Maple persistent in merge with TMX, some economists said like: Moffatt Mike of Richard Ivey said, the merge was based on the patriotism which will add the stress on investors who invest in Canada. Robert Young of Liquidnet Canada said, the merge wave inspired the patriotic feeling of Canadians, like what did by Singapore stock exchange group.
It is easy to group these people together and label them all the same, but every homeless person has a story, a reason, or a problem, that has lead them to where they are today. Homelessness exists due to a lack of affordable housing, a loss of income, mental illness, substance abuse, and a combination of various other reasons. In our society, it seems that the rich get richer and the poor get poorer making the gap between these two Classes seem larger each year. The Middle class has carried this country, and helped fund assistance programs, but they can also find themselves caught without work or housing. Foreclosures have hit an all time high, and unfortunately some people were allowed to finance beyond their means and now have become homeless too.
Firstly, a description of homelessness in Canada, listing reasons why there is a problem in our country involving; families, First Nations peoples, women, and youth. Secondly, a description of eight ways to reduce homelessness; decreasing the gap between the rich the poor, increasing minimum wage, increasing welfare, subsidized childcare, subsidized housing, land banking, support for special needs people, and a participatory democracy. THE PROBLEM: PART 1 Families Homelessness in Canada is a growing problem. Since the social housing cuts that happened starting in 1993 by Paul Martin, while
Running head: WOMEN POVERTY IN CANADA Women Poverty in Canada Introduction: In June 2010, a member of Canadian Parliament, Tony Martin (NDP) introduced Bill C-545 (AN act to Eliminate Poverty in Canada). Although that bill doesn’t become a law, it defines poverty as “the condition of a human being who doesn’t have the resources, means, choices and power necessary to acquire and maintain economic self-reliance and facilitate their integration into and participation in society” (openparliament.ca). More than that, the bill went on to consider poverty as a human right issue. Most of Canadian studies such as Statistic Canada findings, show that poverty rate in Canada is high to some extent (9%). Still among that average, more subgroups tend to be poorer, such as children and women (statcan.gc.ca).
It seams to be that corporations tend to take the easy route by claiming for bankruptcies leaving many creditors with losses. Although we cannot blame such corporates, in today’s time this is known as one of the hardest time to search for jobs and stay alive as a business. Looking at it form the economic view bankruptcies are not the best thing to do, especially in today’s economic many of these corporates and small businesses help contribute to our economy. Many of these bankruptcies occur due to government decisions such as drastic minimum wage increases from $11.45 to $14.00 and $15.00 by
The accessibility of water is continually overlooked in society today; consequently, corporations and privatized companies in Canada have gained billions of dollars within the water and hydro industry. The freshwater which Canadians pride themselves on being able to maintain is not safe from the threats currently facing it. This invokes potential dangers to the ecosystem and limits water accessibility in Canada. The sanctity of Canada's freshwater reserves should take precedence over economic gain; ultimately, this will result in improved quality of life standards for the integrity of our resources and for future generations. The overall abuse of the freshwater that is left, the lack of current protection being done, and the heavy amounts
The Canadian general merchandise retailing industry is highly competitive. A major risk is the potential for downward price pressure from competitors like Wal Mart and Sears, which would be detrimental to margins. Accordingly, retailers have increased their focus on private label brands which offer higher margins than comparable products. On average, RONA will be impacted less by economic downturns compared to CTC. This is due the inherent infeasibility of delaying certain necessary home improvement projects and repairs.
Porter airlines can be an example of how a niche small airline can come into a competitive market and steal market share from a dominant national like Air Canada. The strategic launch of the island carrier that offered more convenience for the business traveller and cheaper rates for the consumer provided a strong business growth model to gain market share. Departing from the downtown Toronto core, Porter offers popular routes within Canada and to the US. Air Canada has an entry barrier in this market considering the airport size and noise restrictions implemented by the government along with petitions from communities that are voting the ban of turbine jet use from the island airport (which is the larger part of Air Canada’s fleet). In the case Government policy has supported
The first reason she provides is that the lack of pension funds. There have been pension funds that are supposed to take in the money paid by younger people and give the pensions to senior citizens. But the chain of fund is broken by the government. The government borrows the money from the pension funds and generally does not pay back. The second explanation is that the health care system of Canada is too costly, regardless of the age of population.
With the economy faltering, the homeless epidemic has risen amid a lack of funding and resources. Providing information and outlets to the poverty-stricken and homeless are imperative to the reform of these individuals and society as a whole. Oftentimes, we view a person’s predicament with “colored lenses”, not fully analyzing the causes and circumstances that have led to their current state of homelessness. Because a large number of Americans have never been downtrodden or lived below the poverty-line, it is somewhat inconceivable for them to understand how one can fall into such a beleaguered state. This is where the mental health provider or counselor is needed most, providing an empathetic view as well as offering assistance in recovery and re-acclimation into society.