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Erica Yeo

Why the gap between rich and poor in Canada keeps growing - thestar.com - 0 views

www.thestar.com/...d-poor-in-canada-keeps-growing

inequality canada challenges wealthgap star

shared by Erica Yeo on 16 Jan 13 - No Cached
  • Information technology has eliminated some middle-skill jobs, such as filing and administration, while globalization has seen high-paid manufacturing jobs outsourced to lower-paid countries, Alexander said.
  • globalization has weakened the lowest earners’ bargaining power as their jobs are outsourced to cheaper countries,
  • The gap has likely widened since the recession in 2008 as more companies moved high-paid manufacturing jobs offshore to countries with lower wage rates, the economists also noted.
  • ...3 more annotations...
  • Cuts to government programs, such as unemployment insurance, combined with increases in post-secondary education costs are making it hard for the lowest income Canadians to compete in the knowledge economy,
  • The top 10 per cent of Canadians earned 10 times as much as the bottom 10 per cent in 2008, the OECD said. That’s up from a ratio of 8 to 1 in the early 1990s
  • Calling on governments to do more to close the gap, the OECD said the report dispels the theory that tax cuts will have a trickle down effect by promoting economic growth that benefits everyone
Erica Yeo

Canada's wage gap at record high: OECD - The Globe and Mail - 1 views

www.theglobeandmail.com/...article4099041

inequality canada challenges globeandmail skillsgap

shared by Erica Yeo on 23 Nov 12 - No Cached
  • gap between Canada’s rich and poor is growing
  • the income gap in Canada is well above the 34-country average, though still not as extreme as in the United States
  • Countries with greater income inequality tend to see shorter, less sustained periods of economic growth
  • ...21 more annotations...
  • Greater inequality raises economic, political and ethical challenges as it risks leaving a growing number of people behind in an ever-changing economy
  • the top federal marginal income tax rates tumbled – to 29 per cent in 2010 from 43 per cent in 1981
  • Canada’s growing gap: a widening disparity in labour earnings between high- and low-paid workers, and less redistribution.
  • Taxes and benefits reduce inequality less in Canada than in most OECD countries
  • Shifts in the labour market are a key reason why the gap is widening
  • Technological progress has been more beneficial to high-skilled workers, while the gap in men’s earnings in particular is growing ever wider
  • annual hours of low-wage workers in Canada have fallen to 1,100 hours from 1,300 hours, while those of higher-wage workers fell by less, to 2,100 from 2,200 hours
  • Rising self-employment
  • the self-employed typically earn less than other full-time workers
  • Taxation
  • Canada’s tax-benefit system was as effective as those of the Nordic countries in stabilizing equality, offsetting more than 70 per cent of the rise of market-income inequality
  • taxes and benefits now offset less than 40 per cent of the rise in inequality
  • inequality has been rising more rapidly in Canada than in the U.S.
  • social implications
  • income inequality with poor health outcomes
  • 11-year difference in life expectancy between men who live in its poorest neighbourhood and those its richest
  • Taxing the rich
  • closing loopholes
  • compliance with tax rules
  • education, skills training and job retraining programs
  • More and better jobs, enabling people to escape poverty and offering real career prospects, is the most important challenge
  • burmangabriel on 23 Nov 12
     
    1) What do you think are possible solutions for the rising inequality? 2) Since the rich are taking a higher percent of overall income and Canada is in debt, do you agree with lowering their taxes?
Erica Yeo

Federal Budget 2012: It's time to address income inequality, think-tank says - thestar.com - 0 views

www.thestar.com/...ome-inequality-think-tank-says

inequality canada income gap challenges star

shared by Erica Yeo on 16 Jan 13 - No Cached
  • Income inequality in Canada is at a 30-year high, rising at a faster pace than in the U.S.
  • The group urges the government to tackle this situation with wide-ranging reforms to the tax system.
  • The CCPA’s proposals include raising the income tax rate for those making more than $250,000 a year, repealing corporate income tax cuts, reducing capital gains tax breaks
  • ...2 more annotations...
  • to address poverty through improved education, pension, affordable housing and pharmacare programs. It also urges Ottawa to adopt a national child care plan.
  • scrap costly programs like new prisons and fighter jets that don’t reflect the priorities of mainstream Canada.”
Erica Yeo

Canada's income gap widens, report says - Canada - CBC News - 0 views

www.cbc.ca/...p-canada-conference-board.html

inequality canada income gap report cbc news challenges

shared by Erica Yeo on 16 Jan 13 - No Cached
  • The income gap between rich and poor in Canada widened in the period from 1993 to 2009
  • The average income of the poorest Canadians rose from $12,400 in 1976 to $14,500 in 2009.
  • the gap between the real average income of the richest 20 per cent of Canadians and the poorest 20 per cent widened from $92,300 in 1976 to $117,500 in 2009.
  • ...5 more annotations...
  • high inequality can diminish economic growth if it means that the country is not fully using the skills and capabilities of all its citizens or if it undermines social cohesion, leading to increased social tensions.
  • high inequality raises a moral question about fairness and social justice.
  • The average income in 1976 was $51,100. By 2009, it had increased by 17 per cent to $59,700, even after adjusting for inflation.
  • 32 per cent of the country's national income would need to be redistributed in order to have complete equality of income.
  • The study found inequality is rising worldwide, but that two countries most similar with Canada in terms of per capita income had narrower gaps. Austria's was 0.265 and Denmark's was 0.232.
ShiyuandCristina SC

Rich-poor gap could spark financial crisis in Canada: Report | Money | Toronto Sun - 1 views

www.torontosun.com/...ancial-crisis-in-canada-report

income inequality gap canada shiyu luo

shared by ShiyuandCristina SC on 14 Jan 13 - No Cached
  • The gap between the rich and the poor in Canada is getting wider and could eventually lead to an economic collapse, according to a new report by a left-wing think-tank.
  • Income for middle-class Canadians has remained stagnate since the 1980s, while the income of the richest 1% has increased dramatically
  • When the rising savings of the rich are parked in the financial markets, but everyone else falls deeper into debt, a house of cards is created, producing the kind of economic instability that led to the 1929 financial sector crash and the market meltdown of 2008."
  • ...1 more annotation...
  • As a result, Canada's income inequality has reached a level not seen since the 1920s, says Canadian Centre for Policy Alternatives.
  • ShiyuandCristina SC on 14 Jan 13
     
    The problems created by income inequality in Canada could possibly lead to a financial crisis. 
burmangabriel

Fiscal cliff: Obama, Boehner trade proposals - 1 views

www.abc15.com/...-obama-boehner-trade-proposals

Gabriel Ami trade proposals obama cliff

shared by burmangabriel on 12 Dec 12 - No Cached
  • prevent economy-damaging tax increases on the middle class at year's end, conferring by phone after a secretive exchange of proposals.
  • to reduce his initial demand for $1.6 trillion in higher tax revenue over a decade to $1.4 trillion
  • The longer the White House slow-walks this process, the closer our economy gets to the fiscal cliff," he said, declaring that Obama had yet to identify specific cuts to government benefit programs that as part of an agreement that also would raise federal tax revenue
  • ...14 more annotations...
  • attempts to avert a "fiscal cliff," across-the-board tax increases and cuts in defense and domestic programs that economists say could send the economy into recession
  • numerous proposals Obama has made to cut spending, including recommendations to cull $340 billion from Medicare over a decade and an additional $250 billion from other government benefit programs
  • Republicans "sent the White House a counteroffer that would achieve tax and entitlement reform to solve our looming debt crisis and create more American jobs
  • a deal to prevent damage to the economy,
  • Republicans struggle with Obama's demands to raise taxes, but Reid has privately told his rank and file they could soon be feeling the same distress if discussions grow serious on cuts to benefit programs
  • we need to strengthen Social Security, we need to strengthen Medicare for future generations, the current path is not sustainable because we've got an aging population and health care costs are shooting up so quickly
  • Republicans want to curtail annual cost-of-living benefits for Social Security and other government benefits, as well as raise the age of eligibility for Medicare from 65 to 67 beginning at some point in the future
  • president seems to think that if all he talks about are taxes, and that's all reporters write about, somehow the rest of us will magically forget that government spending is completely out of control and that he himself has been insisting on balance,
  • Obama's plan would raise $1.6 trillion in revenue over 10 years, in part by raising tax rates on incomes over $200,000 for individuals and $250,000 for couples. He has recommended $400 billion in spending cuts over a decade.
  • seeking extension of the Social Security payroll tax cut due to expire on Jan. 1, a continuation in long-term unemployment benefits and steps to help hard-pressed homeowners and doctors who treat Medicare patients
  • Obama last year signed legislation to cut more than $1 trillion from government programs over a decade, and was proposing $600 billion in additional savings from benefit programs.
  • health care law that Obama signed into law showed savings of $100 billion. Much or all of that funding came from Medicare, even though Obama's aides insisted during his successful campaign for re-election that he had not made any cuts in that program
  • Boehner's plan, in addition to calling for $800 billion in new revenue, envisions $600 billion in savings over a decade from Medicare, Medicaid and other government health programs as well as $300 billion from other benefit programs and another $300 billion from other domestic programs.
  • It would trim annual increases in Social Security payments to beneficiaries, and it calls for gradually raising the eligibility age for Medicare from 65 to 67, beginning in a decade
  • burmangabriel on 12 Dec 12
     
    1) Which proposal do you think is better? More cuts or more taxes 2) Do you think that going off the "cliff" is less detrimental than picking the other parties proposal?
  • Aron Joshua Tolentino on 14 Dec 12
     
    1.) More taxes because people in the lower bracket income won't get affected as much. Thus, not further hardening their way of life. 2.) No. they believe the measures negatively affect them. It would affect defense spending, domestic spending and taxes negatively. All the citizens of america will get affected. No exceptions.
  • Samson Luong on 17 Dec 12
     
    1. I believe more taxes would benefit the economy more because it would be geared more towards the higher income earners that have the foundation to deal with the taxes opposed to the lower incomes earners that already struggle. 2. Not exactly because going off the "cliff" affects several important factors such as federal tax, boarder tax, domestic spending, etc. Thus, it would seem that going off the "cliff" serves the economy and citizens more negatively than siding with the other parties' proposal.
ShiyuandCristina SC

Canada's organic food certification system like 'an extortion racket,' report says | Ca... - 2 views

news.nationalpost.com/...n-extortion-racket-report-says

Commodities and Resources organic food

shared by ShiyuandCristina SC on 27 Nov 12 - No Cached
  • Annual organic agricultural sales in Canada exceed $2.6-billion, by recent estimates, with supermarket chains joining alternative stores in stocking an ever-widening array of organic-labelled products.
  • Canada’s legislated organic certification process is an invitation for fraud and abuse, the report argues, with consumers paying an often hefty premium for a designation that requires no proof.
  • In response to the organic industry’s growth, Canada enacted a labelling requirement: Since 2009, products making an organic claim must be certified by an agency accredited by the Canada Food Inspection Agency (CFIA).
  • ...6 more annotations...
  • The organic certification industry’s “dirty little secret,” they write, is that “organic crops and livestock are not tested in Canada before they are certified, thus making organic certification essentially meaningless.”
  • The CFIA said organic products are subject to its regular chemical residue monitoring program, along with all other food products. The federal agency, itself, does not provide certification, but rather accredits private businesses to do it. Most are for-profit businesses.
  • “There are a large number of consumers who have misperceptions of what organic means, attaching to it things that generally aren’t true,” Mr. Campbell said in an interview.
  • The analysis did find organic food was 30% less likely to contain trace levels of pesticides, with the researchers saying it was uncommon for any food in the U.S., organic or conventional, to have unsafe levels.
  • But the Frontier Centre authors say that without proof, organic authenticity should be questioned. When large amounts of money are involved, they say, such things as honour systems and the like cannot be relied upon.
  • “The certification bodies are responsible for verifying that organic operators are producing organic products in accordance with Canada’s organic standard,” the CFIA said in a written response.
  • ShiyuandCristina SC on 28 Nov 12
     
    1. Is it fair and better for organic food "businesses" to undergo their own inspections or should the government be responsible for our food safety? 2.The market failure mentioned in this article is an informature market failure. The definition of an informature market failure is when one side of the market has more information than the other. What are some visible solutions to this market failure?
  • ...2 more comments...
  • Aron Joshua Tolentino on 29 Nov 12
     
    1.) It is not fair for organic food businesses to inspect their own goods. By doing that, it will create bias in the inspection results. The government specifically the Canadian Food Inspection Agency (CFIA) should be regulating the quality of every type of food that can be consumed by human beings. This minimizes bias in the results. 2.) There should be an open relationship within the market the sets the equality information in the market. Technically, trade should be fair, no secrets are valid. If they do not comply with this, law suits can be filed. E.g. fraud, copy right, etc.
  • Dyena Huynh on 30 Nov 12
     
    1. No i don't think it's fair that only the businesses themselves inspect themselves because in doing so, you'd assume that your products are good and therefore put less effort in inspecting them. The government should has some responsibility in inspecting the food because they need to make sure it's safe for people to eat, if they aren't careful with the things they're letting people consume they will run into a lot of health problems. More health problems mean more money to be used. 2. A visible solution to this market failure is to share information so this way it's fair for everyone.
  • Valentina Padure on 14 Dec 12
     
    * It is not fair for organic food companies to inspect their own products since they will obviously never reveal anything bad that could potentially damage the company. It would be like a student marking his own quiz or test, they would do anything they could to benefit their mark. This is why governments should be responsible for our food safety. * A visible solution would be that companies must to share all the information they are aware of with the consumers.
  • Samson Luong on 17 Dec 12
     
    1. It would not be the best idea for businesses to inspect their own food because there is a high possible margin of bias and committing unethical acts such as labeling their foods safe when they aren't are likely to occur. The government should be responsible because they would inspect each business in the same manner without bias and utilize the same procedures, ensuring fair inspections. 2. Visible solutions to this market failure would include sharing product information and inspection information to all producers and consumers.
lebiez piranaj

Euro crisis opens old wounds for Greece, Germany - 0 views

edition.cnn.com/...index.html

austerity measures Euro Greece Germany

shared by lebiez piranaj on 10 Dec 12 - No Cached
  • A country's economy devastated, unemployment endemic and suicides rising -- this is the reality in Greece
  • Greece -- the birthplace of democracy -- is now reliant on eurozone bailouts and subject to political decision-making in Brussels and Berlin.
  • Merkel met with Greek Prime Minister
  • ...14 more annotations...
  • a Greek pensioner took his own life outside parliament citing austerity measures for his desperation.
    • lebiez piranaj
      lebiez piranaj on 10 Dec 12
       
      austerity measures- when a government reduces it's spending and/or increases its user fees and taxes so that the country can pay back creditors
  • Greek police were deployed to keep the protests under control.
  • she pledged German support for Greece but made it clear that Greece cannot -- and therefore will not -- yield on its austerity reforms.
  • Some demonstrators evoked bitter memories of the brutal Nazi occupation of Greece from 1941 to 1944
  • Spyros Economides, a senior lecturer in international relations and European politics at the London School of Economics, said Greeks are "not very positive at all" in their views toward Germany.
  • To stay, the Greeks are coming under intense pressure from eurozone peers --- led by Germany -- to implement further austerity measures of 13.5 billion euros [$17.7 billion].
  • it's also younger people who are unemployed and suffering economic dislocation
  • the projected cuts could break down into 11.5 billion euros worth of cuts
  • from pensions and wages as well as the sale of state property
  • and the remaining 2 billion euros from additional taxes.
  • Frank Schaeffler, a German member of parliament in the Free Democratic Party, has previously advocated the sale of uninhabited Greek islands to fund creditor repayments.
  • Schaeffler said: "I am afraid Germany has softened its stance on Greece lately ... Samaras himself has said that Greece is willing to sell off its uninhabited islands."
  • Germany is concerned that a Greek exit from the eurozone could lead to a domino effect
  • could lead to a full break-up of the monetary union.
  • lebiez piranaj on 10 Dec 12
     
    Q1: Do you think putting up their uninhabited islands is a good recompensation method in case Greece doesn't pay off their loans and are the Germans indebted to Greece for their misactions during World War 2? Q2: Do you think Greece should be toughening it's austerity measures even though it might mean increasing Greece's current unemployment rate?
  • Samson Luong on 17 Dec 12
     
    1. If Greece's economic situation worsens I believe putting up their uninhabited islands would be a great way to compensate because they are likely to be worth a lot and currently are not being used. 2. In my opinion, I feel Greece's unemployment rate is at a very risky point and doing anything to further detriment that would be unwise.
JJ Igra

'Dead' cash to blame for Ontario's stagnant growth, task force warns - 2 views

www.theglobeandmail.com/...article5779990

JJ King Stagnate Growth

shared by JJ Igra on 03 Dec 12 - No Cached
  • JJ Igra on 03 Dec 12
     
    "A new status quo of slow or stagnant economic growth for Ontario's economy is developing," warns the Task Force on Competitiveness, Productivity and Economic Progress. "If economic growth languishes at less than 2 per cent annually, everything from government funding and programs to private sector competitiveness and employment will be impacted." The issue of dead money surfaced this summer when Bank of Canada Governor Mark Carney said Canadian companies are sitting on cash when they should be investing or returning it to shareholders - comments that sparked an avalanche of criticism from economists and executives. Canada's relative stability should make businesses more willing to invest. Instead, they are sitting on large cash reserves. Ontario's GDP per capita ranks 14th among 16 North American peer jurisdictions and lags the median of the peers by $7,500 Roger Martin, chairman of the task force and Rotman School of Management dean, in a release. "But the gap in GDP per capita with North American peers shows that Ontario needs to move now to push for more growth." Dead money could be used "to invest in the physical and human capital we need to increase our productivity and close the prosperity gap," he added. Key Concepts: GDP- gross domestic product Stagnate- Showing no activity; dull and sluggish: "a stagnant economy".
  • ...2 more comments...
  • JJ Igra on 03 Dec 12
     
    Questions: 1) What incentives can the government provide for businesses to invest in other company's? 2) Do you think the government should intervene more or should they let those company's do their own decision making?
  • anonymous on 06 Dec 12
     
    1) Subsidies so that businesses will be willing to take a risk and invest in other companies. 2) Canada is a mixed economy. Government should intervene if the situation is critical but it should also be up to companies to make the rational decision for their company. Netan
  • Cristina Raileanu on 07 Dec 12
     
    1) A crazy one would be to not corporate tax, them, if only for the beginning. Maybe subsidies the companies the government wants businesses to be involved in, and to be willing to invest into.
  • Valentina Padure on 14 Dec 12
     
    2.I think the government should not intervene in the decisions different companies make unless it greatly affects the country's economy.
S C

Government finance suyang netan - 6 views

http://www.shawconnect.ca/NewsArticle/Money/6442516329_182/Cost_of_Canada_F-35_jets_to_soar,_Ottawa_eyes_alternatives_CTV_network/story.aspx Q1 How would buying these expensive jets affect the Can...

Government finance

started by S C on 12 Dec 12 no follow-up yet
Aron Joshua Tolentino

Euro Crisis Is Past It's Peak, EU Commissioner says - 6 views

1.) Greece should go back to their own currency. The euro has not been the best engineered currency out there. It has been affiliated with multiple economic break downs in the past as well as in th...

greece euro crisis

started by anonymous on 11 Dec 12 1 follow-up, last by Aron Joshua Tolentino on 12 Dec 12
JJ Igra

Budget watchdog finds average public service job costs $114K - 0 views

www.cbc.ca/...p-page-cost-civil-service.html

JJ King Goverment

shared by JJ Igra on 12 Dec 12 - No Cached
  • JJ Igra on 12 Dec 12
     
    The average public servant costs taxpayers $114,100 a year in total compensation. "Total compensation (per full-time employee) in the federal workforce outpaced not only CPI (inflation), but also that of the Canadian business sector and provinces and territories over the study period," the report states. Although the government has recently announced new restraint measures that will cut the number of public servants, the PBO estimates that average compensation for salaries and benefits will reach $129,800 in the next three years. Canadian Taxpayers Federation federal director Gregory Thomas said he found some of the numbers "staggering," particularly since average household income growth is in the neighbourhood of one per cent. "This government has been in office for six years, you wonder when are they are going to get serious about controlling payroll costs," he said. Ottawa recently announced it has already shed about 11,000 in the first six months of the program. When the current austerity measures are completed, the public service will decline to 349,000, if Ottawa sticks with the program. "The period between 2012-13 and 2014-15 resembles those of the mid-1990s, as both personnel expenses and federal employment (are) reduced," the report states. "The PBO expects a significant slowdown in personnel expenses, given assumptions about baseline employment." Compensation is expected to continue to grow, although not at the rate of the past 13 years. The report projects that by 2014-15, the average annual compensation for a federal employee will rise to $129,800, a growth rate of 4.4 per cent per annum. That is a few thousand dollars less than would have been the case without the restraint program. The PBO complains, however, as it has in the past, that it has not been given sufficient information about how the restraint program is being implemented, or its impact. "As such, parliamentarians do not have the resources with which to determine areas of priorit
  • JJ Igra on 12 Dec 12
     
    Questions: With the government cutting off public servant, how will this effect the distribution on public services provided to Canadians Is there other alternatives the government can consider rather than laying off public servants to decrease the government's expenditure?
anonymous

Light Seen at End of Euro-Crisis Tunnel - 0 views

www.spiegel.de/...ommissioner-says-a-871330.html

euro

shared by anonymous on 08 Dec 12 - No Cached
  • anonymous on 08 Dec 12
     
    This is the article Netan and Suyang are presenting regarding the Euro Crisis.
Cristina Raileanu

Consumer Debt - 6 views

1) again this question is an individual decision, I personally would cut back on my weekly spendings on luxuries, and be happy with, especially if I have something particular I am saving for. Also,...

started by Artur Dyachenko on 27 Nov 12 2 follow-ups, last by Cristina Raileanu on 07 Dec 12
Samson Luong

Brazil economy surprisingly weak, adds to global fears - The Globe and Mail - 0 views

www.theglobeandmail.com/...article5837722

brazil economy adds fears globe mail Stagnate Growth Samson Zhang

shared by Samson Luong on 04 Dec 12 - No Cached
  • Brazil has been stuck in a pattern of slow growth since Ms. Rousseff took office last year, as companies struggle with high costs and severe infrastructure and labour bottlenecks. Ms. Rousseff has tried to revive activity with numerous tax cuts and other stimulus, but Friday’s data showed that companies are not responding, as investment fell for a fifth straight quarter.
  • Friday’s data renews concerns that its slow growth is not a cyclical issue, but the result of deeply rooted structural problems after strong growth of the previous decade.
  • The measures that the government imagined would be capable of bringing Brazil out of the global crisis weren’t enough
  • ...3 more annotations...
  • Data indicates that many consumers have reached their debt limit, despite a massive year-long cycle of interest rate cuts, leaving few other strong motors to power Brazil’s $2.5-trillion economy.
  • far deeper changes to Brazil’s restrictive labour laws as well as its complex and onerous tax code, which many companies say makes investment prohibitively expensive.
  • Ms. Rousseff has won some plaudits from foreign investors for efforts to address Brazil’s supply-side bottlenecks
  • Samson Luong on 04 Dec 12
     
    Questions 1. What effects will interest rate cuts and expanding consumer credit have on Brazil's economy? 2. Would allowing the private sector to build and operate airports, highways and cutting electricity costs be good for Brazil's economy? Why?
  • anonymous on 06 Dec 12
     
    1- It might cause an economic recession. 2- It will be beneficial as long as there isn't one company operating all these areas(monopoly power) which leads to a market failure. It will bring money to the private sector. Netan
Rohan Zahur

US economic growth rate revised up to 2.7% - 0 views

www.bbc.co.uk/...business-20544108

shared by Rohan Zahur on 04 Dec 12 - No Cached
  • Rohan Zahur on 04 Dec 12
     
    Questions 1) Do you think it is the beginning of the recovery from a recession or a temporary sigh? (Explain) 2) In your own words, how does housing market depends and at the same time affects economy of the U.S?
Brijesh Patel

Commodities rise on budget talks - 0 views

www.businessweek.com/...-on-budget-talks-economic-news

commodities

shared by Brijesh Patel on 02 Dec 12 - No Cached
  • Brijesh Patel on 02 Dec 12
     
    - The price of commodities has been going up and down the past week as negotiations over the U.S budget continues. - Oil rose while natural gas fell. Silver rose 2%, gold raised $10.70, copper gained 6.8 cents, palladium ended up at $12.25 and platinum gained $7.80 - Investors are hoping a new budget is agreed upon so that tax doesn't increase - There is a possibility that the economist believe that U.S could be pushed back into recession if a budget is not agreed upon. - During the second quarter, the economy grew at a faster rate than initially thought by the commerce department. - More Americans starting buying homes due to the job gains and low mortgage rates. The National Association of Realtors said an index measuring pending contracts to buy homes jumped last month.
  • Brijesh Patel on 02 Dec 12
     
    do you think that the new budget will make a difference in the commodities prices ?
faseehthemoonman

Mining industry stakes claim as most powerful economic and social force in Queensland |... - 0 views

www.theaustralian.com.au/...story-e6frg6n6-1226526384303

shared by faseehthemoonman on 01 Dec 12 - No Cached
  • faseehthemoonman on 02 Dec 12
     
    Queensland resources council conducted a study that showed the mineral and energy has once again has increased its economic contribution to the state. resource companies have created 36 billion in gross regional product, due to gas and coal companies. it is a smart decision that auzi started to investing in producing a wide range of commodity resources. since the coal market struck a high. The challenge now is to ensure that there is a strong pipeline of projects across all commodities to sustain and grow the resources.
  • faseehthemoonman on 02 Dec 12
     
    Question Do you think a country like Aus would have more success investing in resources and commodities than Canada?
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