MEDIA: CBC News Network Weekend Business Panel (September, 2019)
What an exciting weekend to be in studio alongside Elmer Kim and John Northcott, for the CBC News Network Weekend Business Panel. With this week’s Federal election call, we were on hand to discuss all things business; here’s a sample:
Labour and workforce related issues. As the global economy evolves at a rapid pace, Canadian companies are challenged to remain competitive like never before. A party’s workforce and retention strategies are of key interest, as companies cannot be successful without these resources.
Business grants and fee reductions. Thus far, some platforms include grants to support startups and reduce some of the charges that companies typically face. Companies can always benefit from expense reductions, but in the case of emerging ventures, a critical issue is the shortage of growth capital for high potential businesses that are past the startup stage; will platforms address this specialized issue?
Incentives for certain sectors. Areas of interest include auto manufacturing and oil production, and although platforms might include tactics to maintain jobs, the bigger question relates to the undeniable evolution of sectors such as these. What steps should be taken to remain competitive?
Importance of debt/deficit reduction. A key question is how do voters view this area; are they concerned about the deficit, and if so, to what degree? An aspect to consider is viewing spending in the context of an investment, as compared to an expense, as the situation warrants.
Canada’s economy, growth rate, and trade. Current times are characterized by relatively strong economic performance and buoyed exports; success in this area can be difficult to deny. It will be interesting to see what the future holds for New NAFTA, a topic that seems to be getting more interest in recent days from Republican leaning people in the US than here in Canada.
Consumer issues, including housing, taxes, rebate programs, and wages. The appeal of these programs can have a lot to do with who you are, where you live, and how you live. How do regional differences impact policies and do voters think they should?
We’ll be watching the election campaign to see how the various platforms approach and impact business. Check back for more commentary, as the campaign moves forward!
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