Canadian Current Events Magazine
Produced by NAME
This article describes the growing trend in the corporate world of eliminating performance reviews, which many find to be ineffective and even counterproductive. The article notes that workers and managers alike often feel that performance reviews do not measure what they are meant to measure, and that they fail to provide
Continued on New Mining Activity in Alberta
Letters to the Editor
Interview with Financial Expert
Projected Growth in 2012
Signs of improvement in the labor market in the United States continue as the rate of people applying for unemployment benefits hit its lowest number since May of 2008, according to recent numbers released by the U.S.
Canada is a country whose main exports are hockey players and cold fronts. Our main imports are baseball players and acid rain.
Former PM Pierre Trudeau
The 13.2% joblessness rate in Newfoundland is just one of many indicators that seriously problems exist or are looming in many regions of Canada and in the Canadian economy as a whole. The problem isn’t that there aren’t jobs, but that many jobs require a level of skill or expertise that is unavailable. Companies are having to hire from far away, and indicators of population movement and employment patterns suggest highly inefficient processes and structures at work — Newfoundlanders go to Alberta for employment, while Newfoundland businesses must hire outside workers. These all indicate the possibility for a labor-driven downturn in the economy.
Letters to the Editor
Your previous article regarding bailing out financial institutions sent me into a fury. It seems hypocritical that an editor can sit in his leather chair and tell Canadians. The argument provided that workers must give concessions in order for companies to survive in these hard economic times is highly tenuous. If I remember correctly, Ottawa voted itself a raise last year, not to mention 30 new seats (14 million tax payer’s dollars worth). At the same time, did not every teacher in all aspects of learning get a raise, policemen, firemen, city workers, government workers get a raise! How can this be? We are in fragile economic times? Yet you think it is all right for a company to cut its employee’s wages in half or ask for concession after concessions as long as they do not work for a city or government. It seems the more concessions workers make for the company to survive the bigger the bonus is at the end of the year for management. When are we going to learn that Windsor (any city besides Ottawa) cannot survive with a small (any city besides Ottawa)
Interview with Financial Expert
Not too long ago, the majority of the Canadian financial sector thought that the country would manage to navigate through the storms of the financial crisis without major damage. However, there has been a serious impact on the Canadian economy in the last few years. We sit down with a financial expert to discuss the recession and its impact on Canada and local companies.
You are a financial expert. How do you evaluate the current situation?
There is little doubt that the current financial crisis, which is now also a global economic crisis, is the most serious threat to economic stability since WWII. What we experience now is the undoing of a housing market-based financial bubble that was created over the last years on cheap, easily available credit and a consumer led economic boom.
Can you explain to us how the crisis could have happened?
Economic growth follows a cyclical pattern of increase and decreases, also referred to as “boom or bust”
Career continued from Pg. 1
motivation to employees, as well. Several alternatives to traditional performance reviews are described in varying degrees of detail, and also notes that not all movements away from traditional performance reviews have been effective or beneficial to the companies that have given them up. Re-imagining performance reviews from a different and less outcome-oriented perspective can actually be beneficial to all parties concerned, improving performance and honesty in the review process.
Labor Market continued from Pg. 2
government. The number of applicants is also nearing a lower-threshold level of 350,000; when numbers remain consistently below this level, it is generally seen as a sign that the labor market is able to effectively absorb any losses brought about by layoffs, rather than the current situation where the economy is still struggling with job loss and unemployment. Job growth has still been slow, however, and there are also many people whose unemployment benefits are set to expire of action is not taken.
Focus on Financial Analysts
The Toronto Chamber of Commerce is seeking a full-tim e B
Position is responsible for maintaining the accounting procedures of the Chamber
, including: accounts receivable, past dues, accounts payable, receipts, deposits, income
/expense reports for all programs. The Manager must cre ate monthly financial reports and assist the outside auditor on the preparation of the audits.
Call [HIDDEN] if interested.Financial analysts, also called securities or investment analysts, examine financial information in order to make sound suggestions to businesses on how to invest money. Financial analysts often use statistical software and spreadsheets to analyze the facts they gather. Financial analysts then make reports to their employers on the results of their research. They work in banks, corporations, stock brokerages, insurance companies, and government agencies. Some analysts study worldwide money matters. Others advise corporations on ways to invest their pension funds. Many financial analysts specialize in determining the value of securities, such as stocks and bonds.
Financial analysts who work for stock brokerages pass their research findings on to the securities brokers. Analysts help brokers and their customers look for good investments and determine when a stock or bond should be bought or sold.
Canadian Economic Scorecard
Canada’s overall had a strong performance last year in comparison with other comparable nations. However, it wasn’t enough to displace Germany as the top country in the G7 industrial nations
The chartered bank’s annual report card for economic performance puts Canada slightly ahead of where it stood on five benchmarks, including unemployment and deficits.
But the combined score of 81.6 is well back of Germany’s 89.2 out of a maximum 100.
The scorecard suggests that the government’s contention that Canada leads the G7 in economic performance is an exaggeration.
While Canada scores higher than the G7 average, exporting powerhouse Germany tops Canada in four of five major categories — jobless rate, inflation, government fiscal health and the current account balance with the rest of the world.
In the fifth category — credit rating — Canada and Germany are tied with the top AAA grade.
percentage making millions of dollars! We need a large group of workers making a comfortable wage to live. Remember it is the middle class that pays for the teachers (in part), firemen, policemen, city workers, government workers. That is a lot of pressure to put on the middle class, now do it with half our wage and do not even bring up pensions.
Whitney Cushing, Windsor
I would like to make a comment about your article of the banks of Canada being the envy of the world. They may be that but only because of the way others have been allowed to manipulate the system. The only reason is because of the government constraints we have in place stem from their desire to be more globally competitive for years. After having the bank lose a check of six digits depositing it, [which is apparently lesson one in teller school] blame it on an unsupervised teller having a manager that hasn’t the courage to call and personally apologize for their mistake.
Cycles. Cycles happen, because economic corrections tend to happen by over or under shooting and not in a continuous linear pattern. In this case, a period of “easy” money (2003-2008), which was the consequence of a previous recession/market collapse response (2000-2002), created a multi-year real estate and resource boom, which in turn fuelled a multi-year derivative-based boom of balance sheet leveraging.
How does this crisis affect Canada, especially Canada’s employment figures?
This crisis has its epicenter in the United States and because the U.S. is Canada’s major trading partner, be it for manufactured goods or for resources, any economic change south of the border leaves a massive footprint on our economy. In this case the impact has been severe, across all sectors of the economy. As employment figures tend to be a lagging indicator, meaning that employment levels change late so an economic slow down or recession would only show reduced employment, when the recession is already upon us.
The Aboriginal Affairs Ministry and several other federal and provincial government offices were able to move a longstanding issues off the books today. An agreement that had been reached regarding land claimed by the Fort Williams First Nation, and the agreement was officially signed today, closing a deal that includes over $150 million in payouts, mostly to the Ojibwa reserve with some to Ontario, as well, and with two islands transferring to the Fort William reserve. There is a long and complex history of land claims and disputes regarding these islands, and the deal represents a significant economic event for all parties involved. The determination of ownership will also effect things in the future, especially for First Nations people that live in economically depressed conditions.
Many analysts specialize in researching and evaluating the securities of companies in one industry. These analysts look at all the factors in the industry that influence the price of the companies’ stocks. They study new products, market prices, and other industry-wide trends. Analysts study a company’s financial status to see how much the company is earning compared with others in the industry. Some analysts visit the companies they are researching to interview the management and to determine how efficiently the companies are being operated. Analysts compare the companies’ financial reports with those of previous years. Then they try to predict what will happen to the earnings in the future.
The report notes that Germany has been more aggressive than Canada in reigning in government deficits. The European country has a deficit of only 1.2 per cent of gross domestic product, while Canada’s combined federal-provincial shortfall is five per cent the size of the economy.
The other area in which Germany does substantially better is trade. The collapse of exports since the recession leaves Canada with a current account deficit of about three per cent of GDP, while Germany still enjoys a massive surplus.
Surprisingly, the U.S. is second last in the G7, mostly due to its high unemployment and budgetary deficit valued at 10 per cent of GDP, the worst in the group. Not such a surprise is that Italy, which is in the midst of a sovereign debt crisis, trails the group.
Canada averaged 7.5 per cent unemployment in 2011, and inflation was 2.9 per cent overall.
The report states that there’s a chance Canada could regain top spot next year if expectations for growth are borne out.
These banks think that a lost investment for a client is okay and the president of the bank’s office thinks throwing a couple of crumbs should cover their screw up, their ombudsman is to find a way out for the bank. I’m actually glad the government takes a decent role in the banking industry .our banks are too big as it is the way they act toward their own clients. It’s too bad the occupy movement didn’t have better leadership.
Timothy Clark, Vancouver
MOTORCYLE FOR SALE!
Ninja zx-6r Monster
Aftermarket M4 motogp exhaust and all stock parts
Zx-6r tank protector
Green underglow lights fender eliminator
Rear LED turn signals
NEVER laid down, NO accidents
Fresh tune up and inspection.
Are you expecting more regulations in the banking system, for instance limiting dividends and salaries?
Calls for this type of restrictions are part of the traditional back lash in any economic down turn. Restrictions of this type are ineffective at best.
What would be applicable solutions for this crisis in your opinion?
This is a full blown crisis and depending on how the crisis unfolds, countries have to consider using the full arsenal, available to governments. As Canada appears to be much less exposed, interest rate reductions, guaranteed inter-bank lending, if required, and availability of sufficient amounts of liquidity would likely suffice. Government agencies can use monetary stimuli, such as lower interest rates or fiscal stimuli such as direct investments into industry sectors.
Do you have any advice?
The single most important advice, which is good in any crisis: To let common sense prevail and not follow any emotional impulses. Any investor, who has a well thought out portfolio and strategy, should stay with it.
Vancouver vs. Boston 4-3
Ottawa vs. Philadelphia 2-3
Edmonton vs. Dallas 1-4
Winnipeg vs. Buffalo 2-1
Detroit vs. Toronto 3-4
Tampa Bay vs. Montreal 1-3
Seattle vs. Arizona 20-23
Tampa Bay vs. Atlanta 14-17
Dallas vs. NYG 21-14
Cincinnati vs. Houston 7-3
Detroit vs. New Orleans 20-45
Minnesota vs. Washington 80-90
Orlando vs. Sacramento 87-107
San Antonio vs. OKC 101-111
Milwaukee vs. Los Angeles 93-102
National Canadian Bank seeking
â€¢ Verification of trade instructions from date through settlement date.
â€¢ Fail reporting for all trades not settled timely.
Interaction with clients and third parties to resolve trade differences.
â€¢ Reporting to senio r management
College Degree and 3 years experience required.
Call [HIDDEN] if interested.JOB ADVERTISEMENT
A person must have a college education to become a financial analyst. Employers look for people with a degree in business administration. Undergraduate courses in finance, business, economics, statistics, accounting, mathematics, and law prove helpful. Increasingly, applicants for financial analyst positions have earned a master’s degree in business administration (MBA). Analysts must understand corporate accounting to analyze financial statements. Banks, corporations and brokerage houses generally offer some form of training for beginning financial analysts.
Canadian Economic Statistics
GDP (purchasing power parity):
$1.33 trillion (2010 est.)
country comparison to the world: 15
GDP – real growth rate:
3.1% (2010 est.)
country comparison to the world: 123
GDP – per capita (PPP):
$39,400 (2010 est.)
country comparison to the world: 22
GDP – composition by sector:
services: 71.5% (2010 est.)
Labor force: 18.53 million (2010 est.)
country comparison to the world: 31
Labor force – by occupation:
other: 3% (2006 est.)
Unemployment rate: 8% (2010 est.)
country comparison to the world: 9
Get Professional Assignment Help Cheaply
Are you busy and do not have time to handle your assignment? Are you scared that your paper will not make the grade? Do you have responsibilities that may hinder you from turning in your assignment on time? Are you tired and can barely handle your assignment? Are your grades inconsistent?
Whichever your reason is, it is valid! You can get professional academic help from our service at affordable rates. We have a team of professional academic writers who can handle all your assignments.
Why Choose Our Academic Writing Service?
- Plagiarism free papers
- Timely delivery
- Any deadline
- Skilled, Experienced Native English Writers
- Subject-relevant academic writer
- Adherence to paper instructions
- Ability to tackle bulk assignments
- Reasonable prices
- 24/7 Customer Support
- Get superb grades consistently
Online Academic Help With Different Subjects
Students barely have time to read. We got you! Have your literature essay or book review written without having the hassle of reading the book. You can get your literature paper custom-written for you by our literature specialists.
Do you struggle with finance? No need to torture yourself if finance is not your cup of tea. You can order your finance paper from our academic writing service and get 100% original work from competent finance experts.
While psychology may be an interesting subject, you may lack sufficient time to handle your assignments. Don’t despair; by using our academic writing service, you can be assured of perfect grades. Moreover, your grades will be consistent.
Engineering is quite a demanding subject. Students face a lot of pressure and barely have enough time to do what they love to do. Our academic writing service got you covered! Our engineering specialists follow the paper instructions and ensure timely delivery of the paper.
In the nursing course, you may have difficulties with literature reviews, annotated bibliographies, critical essays, and other assignments. Our nursing assignment writers will offer you professional nursing paper help at low prices.
Truth be told, sociology papers can be quite exhausting. Our academic writing service relieves you of fatigue, pressure, and stress. You can relax and have peace of mind as our academic writers handle your sociology assignment.
We take pride in having some of the best business writers in the industry. Our business writers have a lot of experience in the field. They are reliable, and you can be assured of a high-grade paper. They are able to handle business papers of any subject, length, deadline, and difficulty!
We boast of having some of the most experienced statistics experts in the industry. Our statistics experts have diverse skills, expertise, and knowledge to handle any kind of assignment. They have access to all kinds of software to get your assignment done.
Writing a law essay may prove to be an insurmountable obstacle, especially when you need to know the peculiarities of the legislative framework. Take advantage of our top-notch law specialists and get superb grades and 100% satisfaction.
What discipline/subjects do you deal in?
We have highlighted some of the most popular subjects we handle above. Those are just a tip of the iceberg. We deal in all academic disciplines since our writers are as diverse. They have been drawn from across all disciplines, and orders are assigned to those writers believed to be the best in the field. In a nutshell, there is no task we cannot handle; all you need to do is place your order with us. As long as your instructions are clear, just trust we shall deliver irrespective of the discipline.
Are your writers competent enough to handle my paper?
Our essay writers are graduates with bachelor's, masters, Ph.D., and doctorate degrees in various subjects. The minimum requirement to be an essay writer with our essay writing service is to have a college degree. All our academic writers have a minimum of two years of academic writing. We have a stringent recruitment process to ensure that we get only the most competent essay writers in the industry. We also ensure that the writers are handsomely compensated for their value. The majority of our writers are native English speakers. As such, the fluency of language and grammar is impeccable.
What if I don’t like the paper?
There is a very low likelihood that you won’t like the paper.
- When assigning your order, we match the paper’s discipline with the writer’s field/specialization. Since all our writers are graduates, we match the paper’s subject with the field the writer studied. For instance, if it’s a nursing paper, only a nursing graduate and writer will handle it. Furthermore, all our writers have academic writing experience and top-notch research skills.
- We have a quality assurance that reviews the paper before it gets to you. As such, we ensure that you get a paper that meets the required standard and will most definitely make the grade.
In the event that you don’t like your paper:
- The writer will revise the paper up to your pleasing. You have unlimited revisions. You simply need to highlight what specifically you don’t like about the paper, and the writer will make the amendments. The paper will be revised until you are satisfied. Revisions are free of charge
- We will have a different writer write the paper from scratch.
- Last resort, if the above does not work, we will refund your money.
Will the professor find out I didn’t write the paper myself?
Not at all. All papers are written from scratch. There is no way your tutor or instructor will realize that you did not write the paper yourself. In fact, we recommend using our assignment help services for consistent results.
What if the paper is plagiarized?
We check all papers for plagiarism before we submit them. We use powerful plagiarism checking software such as SafeAssign, LopesWrite, and Turnitin. We also upload the plagiarism report so that you can review it. We understand that plagiarism is academic suicide. We would not take the risk of submitting plagiarized work and jeopardize your academic journey. Furthermore, we do not sell or use prewritten papers, and each paper is written from scratch.
When will I get my paper?
You determine when you get the paper by setting the deadline when placing the order. All papers are delivered within the deadline. We are well aware that we operate in a time-sensitive industry. As such, we have laid out strategies to ensure that the client receives the paper on time and they never miss the deadline. We understand that papers that are submitted late have some points deducted. We do not want you to miss any points due to late submission. We work on beating deadlines by huge margins in order to ensure that you have ample time to review the paper before you submit it.
Will anyone find out that I used your services?
We have a privacy and confidentiality policy that guides our work. We NEVER share any customer information with third parties. Noone will ever know that you used our assignment help services. It’s only between you and us. We are bound by our policies to protect the customer’s identity and information. All your information, such as your names, phone number, email, order information, and so on, are protected. We have robust security systems that ensure that your data is protected. Hacking our systems is close to impossible, and it has never happened.
How our Assignment Help Service Works
1. Place an order
You fill all the paper instructions in the order form. Make sure you include all the helpful materials so that our academic writers can deliver the perfect paper. It will also help to eliminate unnecessary revisions.
2. Pay for the order
Proceed to pay for the paper so that it can be assigned to one of our expert academic writers. The paper subject is matched with the writer’s area of specialization.
3. Track the progress
You communicate with the writer and know about the progress of the paper. The client can ask the writer for drafts of the paper. The client can upload extra material and include additional instructions from the lecturer. Receive a paper.
4. Download the paper
The paper is sent to your email and uploaded to your personal account. You also get a plagiarism report attached to your paper.
PLACE THIS ORDER OR A SIMILAR ORDER WITH US TODAY AND GET A PERFECT SCORE!!!