Netflix has added millions more subscribers as people practice social isolation to control the coronavirus. But service’s diverse menu of content is not an efficient business model.
Pumpjacks pump crude oil near Halkirk, Alta., more than a decade ago. Oil prices have plunged into negative territory due to the glut created by the COVID-19 global economic shutdown.
THE CANADIAN PRESS/Larry MacDougall
Alberta oil is the collateral damage of the oil war between Russia and Saudi Arabia, with COVID-19 launching an additional attack. The province’s oil industry will struggle to recover.
A tourist from Québec poses with a Canadian flag in Peggy’s Cove, N.S. on Canada Day, 2016. Allowing domestic tourism to resume may be one step to carefully reopening the Canadian economy during the pandemic.
THE CANADIAN PRESS/Darren Calabrese
The response to COVID-19 should become a learning opportunity on how to develop more illness-proof economies.
Post-pandemic, co-operatives can scale up to promote the values of mutuality, inclusivity, economic justice and organizational democracy towards a transitioned Canadian economy.
(Pixabay)
Many remote Indigenous communities in British Columbia rely on expensive generators that run on diesel despite having the potential to tap into renewable energy.
U.S. President Donald Trump has often been documented bullshitting. In a business setting, however, bullshitters can be harder to identify.
(AP Photo/Alex Brandon)
Understanding the distinction between bullshit and lying is essential. We can reveal a lie by uncovering the truth, but dealing effectively with bullshit is more complicated.
Business has been disrupted by the coronavirus pandemic. How can business leaders react to the challenges, reassess what they do and reconfigure their companies?
(AP Photo/Richard Drew)
Many businesses have been rocked by the financial fallout from the coronavirus. Bouncing back from such a consequential event is not enough. Companies must adapt to the disruption.
Plexiglass installed as a barrier to protect a cashier is seen at a grocery store in Airdrie, Alta., on April 1, 2020.
THE CANADIAN PRESS/Jeff McIntosh
COVID-19 poses a particular threat to workers with underlying health conditions. Going to work could expose them to a virus that targets them disproportionately.
Shelter is a basic human need that some Canadians might be struggling to afford during the coronavirus pandemic.
(Christopher Lin/Unsplash)
COVID-19 has brought about unprecedented unemployment and financial insecurity, but it’s not the first time people have faced challenges fulfilling some of their most basic needs.
Canadian oil wells will likely continue to be shut down amid weak prices despite an agreement among major oil producers to limit output.
THE CANADIAN PRESS/Jeff McIntosh
Employees working in startups may disproportionately suffer in the wake of the pandemic as their employers cut back to skeletal staffs or shutter their companies altogether.
Issac Nicoll packs lobsters for shipment at the Lobster Company in Kennebunkport, Maine, on March 13, 2020. Coronavirus has disrupted global markets for live lobsters.
(AP Photo/Robert F. Bukaty)
With restaurants closed and prices dropping, fishers are finding new ways to keep their business above water.
Statistics Canada reports that more than one million Canadians lost their job in the first month of the coronavirus pandemic, but the official figures don’t reflect the true impact on workers.
THE CANADIAN PRESS/Justin Tang
The difficulty governments have had in meeting the needs of Canadian workers impacted by the coronavirus crisis has exposed holes in our social safety net and the inadequacy of existing labour laws.
Medical staff prepare for the opening of the COVID-19 Assessment Centre at Brewer Park Arena in Ottawa in March 2020.
THE CANADIAN PRESS/Justin Tang
The 3M face mask dustup between the U.S. and Canada, although quickly resolved, starkly illustrated that Canada must find compromises with its southern neighbour about the trade of COVID-19 products.
When word of COVID-19 spread, consumers started stockpiling goods like toilet paper in their homes, both disrupting the supply chain system and creating living spaces crammed with paper products. It isn’t necessary.
(Erik Mclean/Unsplash)
Bulk buying disrupts the balance of the supply chain. Here’s how supply chains combat hoarding of products like toilet paper.
A woman buys hand sanitizer made by Spirit of York Distillery in Toronto on March 19, 2020. The distillery switched their production over to hand sanitizer following the coronavirus shutdown, with all proceeds going to charity.
THE CANADIAN PRESS/Frank Gunn
It’s clear that our post-pandemic future will be different. Current signs of good will amid entrepreneurial initiatives give us some cause for optimism.
An increasing number of farmers in China are cutting back on fertilizer and pesticide use.
(Pexels)
This transformation provides lessons for the rest of world, for shifting away from chemical agriculture towards a healthier system for people and the planet.
A woman wears a face mask as she shops at a grocery store in Beijing in February 2020.
(AP Photo/Mark Schiefelbein)
Decades of planning on food security and a food reserve system kept China’s urban populations fed during the coronavirus outbreak, showing the significance of a resilient local food system.
Managing employees from home may actually lead to more effective managers.
(Shutterstock)
The skills, habits and new perspectives developed during the past and upcoming weeks as employees work from home may actually serve as a crash-course in effective management.
Shelter-in-place directives mean that more and more people are working remotely from home, producing more technological vulnerabilities.
(Mimi Thian/Unsplash)
With so many people working from home on vulnerable networks and set-ups, cybersecurity is a growing concern.
The Bank of Canada has agreed to buy some of the new debt that provinces are taking on to deal with the coronavirus pandemic. It’s time for the central bank to do even more.
THE CANADIAN PRESS/Adrian Wyld
It’s time for the Bank of Canada to do more to help provincial governments deal with the financial fallout of the coronavirus pandemic.
Handguns are displayed at the Smith & Wesson booth at the Shooting, Hunting and Outdoor Trade Show in Las Vegas. Handguns account for most of the guns being purchased by first-time gun buyers in the United States during the coronavirus pandemic.
AP Photo/John Locher
Amid the angst over a surge in gun sales in both the United States and Canada during the pandemic, few have noted the three key differences between the two countries.
All three levels of government must prioritize reducing Canada’s level of indebtedness.
(Pixabay)
There are two key questions regarding Canada’s fiscal sustainability during the pandemic. Can we afford to provide short-term financial support to Canadians? And how quickly will our economy recover?
Two health-care workers arrive at a walk-in COVID-19 test clinic in Montréal on March 23, 2020. Unionized nurses are among those on the front lines of the coronavirus pandemic.
THE CANADIAN PRESS/Paul Chiasson
Nurses, cleaners, grocery store clerks and other unionized workers have been on the front lines of the fight against COVID-19. They should emerge from it with a greater level of respect.
Remote work can be a difficult adjustment for teams accustomed to working in an office setting. Here are some tips.
(Charles Deluvio/Unsplash)
Working from home presents challenges that will take time to resolve, and misunderstandings are to be expected. So let’s be forgiving of one another and focus on establishing effective new work norms.