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Business + Economy – Articles, Analysis, Comment

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Wet'suwet'en Chief Madeek reacts with his middle finger to protest the Royal Bank of Canada’s funding of the Coastal GasLink pipeline and other fossil fuel investments in Toronto in April 2022. THE CANADIAN PRESS/Nathan Denette

A Canadian senator aims to end the widespread financial backing of fossil fuels

Sen. Rosa Galvez has called for ambitious and coherent government intervention to address the risks financial institutions pose to climate. Here’s why Canadians must rally around her.
Sometimes job duties evolve between the time when an employer decides to hire someone and the actual hiring itself. (Shutterstock)

Why the job you apply for may not be the job you get

A recent study about hiring practices sheds light on why some jobs change between when a decision is made to hire someone, and the actual hiring process itself.
Culture change is more multifaceted than recent conversations about Hockey Canada might suggest. It’s a complex process, not a readily packaged product or an easily revised strategic plan. (Shutterstock)

Culture change at Hockey Canada is about more than replacing those in charge

There have been calls for a culture change at Hockey Canada in the wake of sexual abuse allegations. But what does that mean? And how do organizations change their culture?
A look inside the quantum computing process. Quantum technology is a $142 billion opportunity that could employ 229,000 Canadians by 2040. (Photonic)

What quantum technology means for Canada’s future

Canada is well positioned to gain far-reaching economic and social benefits from the rapidly developing quantum industry, but it must act now to secure its success.
A new study has found that a healthy and ethical company culture plays a more important role in preventing fraud than its board of directors does. (Shutterstock)

An ethical workplace culture can prevent corporate fraud by aiding whistleblowers

Contrary to popular belief, boards of directors are not the ones who establish whistleblowing procedures. Instead, boards depend on their management teams to implement them.
Gas prices are displayed at a gas station in Frankfurt, Germany. OPEC countries have decided to cut oil production by 2 million barrels per day in response to rising global interest rates. (AP Photo/Michael Probst)

Sanctions on Russia are increasing, not decreasing, its revenue

The impact of oil sanctions on Russia is limited compared to the severe repercussions they have on the global economy and other countries’ abilities to achieve energy security and transition.
The founder of Patagonia, long known for environmental activism, said on Sept. 14 that the company is dedicating all its future profits to a non-profit focused on fighting the environmental crisis and defending nature. (Shutterstock)

Has Patagonia defined a new gold standard for business responsibility?

Whether or not Patagonia’s recent move will have a lasting impact on business responsibility will depend on how it balances its environmental impacts with the social good it carries out.
Alberta Premier Jason Kenney and Minister of Finance Jason Nixon, then Minister of Environment and Parks, chat before the throne speech is delivered in Edmonton in May 2019. THE CANADIAN PRESS/Jason Franson

A provincial sales tax is the solution to Alberta’s fiscal roller-coaster

A sales tax — a tax that’s stable, easy to administer and costs less to collect than income taxes — would stabilize Alberta’s volatile roller-coaster economy.
In the face of governmental efforts to dismantle Indigenous agricultural economies, Indigenous communities have made important strides toward food sovereignty. (Shutterstock)

Indigenous food sovereignty requires better and more accurate data collection

A lack of data prevents governments and agri-food organizations from knowing what kinds of supports should be provided to reinvigorate Indigenous agricultural economies.