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Business + Economy – Articles, Analysis, Comment

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Household economic stress of the type brought on by COVID-19 is likely resulting in more stressed-out, anxious and hyperactive children, according to past data. (Piqsels)

COVID-19’s economic impact could be stressing out our kids

The effects of economic stress on children are big. Parents’ anxiety about their financial situation is equivalent to the effect of a divorce, and is likely at play amid COVID-19.
People wear face masks as they gather in a city park on Canada Day in Montréal. Incentives could encourage more Canadians, especially younger Canadians, to embrace COVID-19 safety measures. THE CANADIAN PRESS/Graham Hughes

To change coronavirus behaviours, think like a marketer

Policy-makers and public health officials would be wise to consider a modern, data-driven approach and incentives to encourage people to adhere to safety measures in the COVID-19 era.
In this June 2019 photo, U.S. President Donald Trump poses for a photo with Chinese President Xi Jinping during a meeting on the sidelines of the G20 summit in Osaka, western Japan. (AP Photo/Susan Walsh)

Canada must navigate U.S.-China tensions by staying true to its values

Prime Minister Justin Trudeau’s government seems helpless and confused on how to manage the tensions between the United States and China after being caught in the conflict’s crosshairs.
A new report suggests more Canadians are willing to pay for online news. Newsrooms have complained that social media platforms like Facebook have profited off their work without paying for it. THE CANADIAN PRESS/Nathan Denette

Could COVID-19 convince more Canadians to pay for online news?

Canada’s news industry has been decimated by losses of advertising revenue during the pandemic. There are some promising signs, however, that more Canadians are paying for digital news subscriptions.
Users’ online activities can be reviewed by potential employers as a way to pre-screen job candidates. (Shutterstock)

Companies are increasingly turning to social media to screen potential employees

Ethical hiring practices should include a full disclosure by the company of any social media searches in advance of hiring a job candidate.
Airlines are risking alienating customers and permanent reputational damage due to their refusal to issue refunds after cancelling flights mid-coronavirus. (Pixabay)

Airlines should rethink their refusal to refund passengers during COVID-19

Airlines seem largely unconcerned about the long-term implications of their refusal to issue refunds to passengers during the COVID-19 pandemic, and risk alienating customers permanently.
The COVID-19 pandemic has had an impact on veterinarians due in part to a run on puppies, but financial uncertainties have also added further strain on an already stressed-out profession. (Piqsels)

Puppies & burnout: The economic impact of the coronavirus on vets

Veterinarians are already at risk of emotional distress and burnout. The experiences of an Alberta veterinary practice shows COVID-19 is having a further impact.
A temporary foreign worker from Mexico plants strawberries on a farm in Mirabel, Que., in May 2020. THE CANADIAN PRESS/Graham Hughes

Rethinking the boundaries between economic life and coronavirus death

COVID-19 has proven that prioritizing the economy over the lives of the poorest and most vulnerable should never be an acceptable fix to economic woes.
Highly skilled workers and international students in the U.S. are the latest group to be targeted by the Trump adminstration’s restrictive immigration policies. THE CANADIAN PRESS/Ryan Remiorz

Trump’s suspension of H-1B visas is a racist attack on immigrants — and a bad move for the economy

By making skilled workers the target of his latest anti-immigration policy, U.S. president Trump signals that he is willing to play to his far right base even if it undermines America’s economic interests.
Most management theories still in practice were developed more than a century ago. (Shutterstock)

Why good people manage badly

Very few companies have embraced alternative management systems that satisfy the interests of customers, employees and shareholders concurrently,
The National Arts Centre in Ottawa displays the message “Everything will be okay” and a rainbow, in the midst of the COVID-19 pandemic in April 2020. (THE CANADIAN PRESS/Justin Tang)

Support for artists is key to returning to vibrant cultural life post-coronavirus

Policy makers and arts sectors together need to reimagine how we might organize contracts, leverage networks and change supports to create more long-term opportunities for arts workers in Canada.
Many companies claim they’re socially and environmentally responsible and attract investors who value strong corporate environmental, social and governance policies. But is it true? (Takaharu Sawa/Unsplash)

Socially responsible investing can be like searching for fool’s gold

Is investing for competitive financial returns based on ESG principles like searching for a needle in a haystack? There’s often conflicting information about the ESG bona fides of many companies.
Research shows entrepreneurs pondering how to exit their companies most often turn to close friends and family for guidance. (Razvan Chisu/Unsplash)

Social networks play a key role when entrepreneurs cut ties to their companies

Social ties can help entrepreneurs acquire necessary information and insights about their plans to exit a company, as well as provide them with emotional support.