Written By: Zuleykha Gasimova
The scale of impact COVID-19 has had on global economies calls to mind the effects of previous major recessions that have reshaped the economy and the views on governments’ role in navigating crises.
Tagged in: banner
Rising tuition: An economic crisis for universities and students alike
Written By: Amit Shteyer
Tuition – a word we all know and an amount we dread paying. It is a fee that most of us, or our parents, cannot afford without the help of scholarships or OSAP. In light of the pandemic, these payments are even harder to make and universities have not been much help in easing this burden.
Data Creates Competitive Advantage – Probably Not Always.
Written By: Tanya Singh
Access to consumer data has brought about a focal change in the business environment, from small scale industries to tech giants, the synthesis of consumer information to make it relevant to the business operations, and the curation of products became a priority. Interestingly, the storage of data dates back to the 18,000 BCE, when the Palaeolithic tribespeople would mark notches into sticks or bones to keep a track of trading activities. Now, most firms use consumer data to create an unbeatable competitive advantage in the market – the more customers a firm has, the greater the data gathering process is.However, more often than not,firms grossly overestimate their ability to gain a competitive advantage through consumer data which we shall be talking about in detail.
The Ice Age in relations is here to stay: how US-China tensions are expanding from trade to everything.
Written By: Tanya Singh
The US-China trade relationship has expanded immensely after China’s reformation of its economy and liberalization in 1979.The world’s two largest economies have persevered bitter rivalry locked by a trade battle for a year now. The onset of the pandemic revealed new dynamics in the US-China trade wars, overshadowing the agreement made in January that was meant to draw President Trump’s policy still endeavours to encourage domestic production and purchases leading it to impose more than $360bn worth of tariffs on Chinese goods. According to the “phase one” deal signed in January, China vowed to boost US imports by $200bn above 2017 levels and extend intellectual property rules, however, Trump seems to have delayed the upliftment of tariffs and with the recent indictments regarding Covid-19, it seems that both the countries are back to square one. Here’s how we can break this situation down:
Deferred Mortgage Payments: Financial Relief or Burden?
Written By: Amit Shteyer
The issue at hand
With COVID-19 and the current lockdown, Canada’s economy is in a state of shock; lines to go grocery shopping, businesses going bankrupt, job losses and a negative inflation rate. Money troubles and fear obstruct the lives of consumers and businesses alike.