Recession does not stop many of the activities. If you provide services and goods at lower margins most things sells well. One most thing in demand will be to help people in need. Provide people opportunity to work.
I highly recommend you at how Taxes are structured in Canada(& other countries on that list).Natural resources (stuff that is taken out of the ground) is taxed very highly(compared to the US for instance) simply because this is used for Social Welfare.
I am not saying it is a bad idea just that this is the way it works in Canada.
You could also say that Individual Taxes are slightly higher in Canada too also Corporations have lesser tax-breaks than in the US.But the major reason is heavy exposure to Natural Resource extraction industries(especially in States like Alberta & Saskatwachen).
Ashish, the reason why Canada has free healthcare is not because it is rich in natural resources. Are you saying that natural resources pay for healthcare in countires that have free healthcare? It is because government spending of money is distributed differently than in countries such as the USA.
True, but in the US, where many people lost their health coverage with their jobs, it is. Even those who have health plans may have one with a very high deductible or high copays that serve as a disincentive to go to the doctor for check ups.
It is a good point Ariella and personally, I've felt your post was very realistic and heartstring, the aim is Govs can support people, by free educational sessions for instance, in saving costs and living better adopting Internet services.
EBN Dialogue enables and encourages you to participate in live chats with notable leaders and luminaries. Not only editors and journalists, but the entire EBN community is able to comment and ask questions. Listed below are upcoming and archived chats.
Thailand Stages a Comeback Join EBN contributor Jennifer Baljko on Thursday August 23, 2012, at 11:00 a.m. EST for a live chat on how electronic manufacturers in Thailand have shored up their supply chain to reduce the impact of future natural disasters.
Microsoft Surface: Potential Winners & Losers What are the implications for the electronics industry supply chain of Microsoft Corp.'s decision to launch its own tablet PC? Join industry veteran and EE Times' systems and OEM expert Rick Merritt on Tuesday, July 3, at 12:00 pm EDT for a Live Chat on this subject.
Join EBN contributor Jennifer Baljko on Thursday August 23, 2012, at 11:00 a.m. EST for a live chat on how electronic manufacturers in Thailand have shored up their supply chain to reduce the impact of future natural disasters.
Peter Drucker famously said "Trying to predict the future is like trying to drive down a country road at night with no lights while looking out the back window." Yet in the razor's-edge world of electronics—with a lean supply chain and just-in-time demands—the need to know the future is vital.
While no one really can accurately predict the future, we can take guidance from another Drucker saying which is the best way to predict the future is to create it.
You've heard the saying "the No. 1 supply chain risk is your people." That hasn't always been the case. But today's complex global supply chain requires a new type of multitalented employee. It's one who understands, finance, marketing, economics, is savvy with technology, graceful with relationships and can think analytically.
Where are these people? Are universities properly preparing the next generation supply chain professionals? How do train your existing workforce for these new, demanding positions?
Brian Fuller, editor-in-chief of EBN, will lead a 60-minute Avnet Velocity panel discussion that will ask and answer these and other questions swirling around today's supply-chain talent challenges.