A blog for Small Business Consultants and the vendors who serve them. Myth #1: If Banks do Well, Canadians do Effectively, Right? It’s commonly believed that if a country’s banks are doing well, it means that there is credit score out there to lubricate the economy, thereby making certain a constant stage of growth. This keeps unemployment low as a result of Canadians have entry to comparatively low cost credit score that can be utilized to spend and preserve the economic system rising. Banks offer credit so that businesses can invest more than the money they have available, enable people to buy homes with out saving all the cost in advance, and permit governments to rely less on tax revenue to clean out spending. This argument has been fed to the public for quite some time with the idea that the relationship between financial institution efficiency and Canadian welfare is linear. That is, the more of one, the extra of the other.
DAVIS: Marcus Yam, who apparently just won Newspaper Photographer of the Year in POYi — he was additionally awarded a World Press Multimedia Award and an Emmy in 2011 for a brief doc that was a mix of … Read MoreRead more