The Globe and Mail

Submit your nominations by Jan 17th for the prestigious Best Executive Awards! 🌟 Report on Business magazine is celebrating the top non-CEO leaders in Finance, HR, Operations, Sales & Marketing, Tech, and Sustainability & DEI. The 2025 Best Executive winners will be showcased in our May issue and honored at an exclusive event. Join us in recognizing these exceptional leaders. Nominate now at: https://tgam.ca/bestexec

As business owners consider the next stage of life, there are key decisions to make regarding business succession and legacy-building. Join The Globe and Mail on Jan. 22 for a webcast focused on succession planning and the future of family-owned businesses in Canada. SPEAKERS Lou Celli, Partner, Doane Grant Thornton LLP Marissa Freed, President, Feed & Freed Isabelle Le Breton-Miller, Professor of Management & Chair of Succession and Family Enterprise, HEC Montréal Don C. Sihota, K.C., Partner, Clark Wilson LLP MODERATOR Mariya Postelnyak, Staff Reporter, The Globe and Mail #GlobeSuccession

The Alberta government restricted wind and solar development with its first round of industry-specific limitations on where projects can be located. Its new electricity market structure hamstrings renewables even more, industry leaders say. By Emma Graney and me

In a recent opinion piece, the importance of respecting entrepreneurs and their investments is emphasized for Canada’s politicians. The article argues that politicians often overlook the significance of capital and its tendency to move towards more lucrative, lower-risk opportunities. This oversight could have detrimental effects on the country's economic growth and innovation, as businesses may seek more favorable conditions elsewhere. The piece calls for a shift in mindset among lawmakers to better support and retain the entrepreneurial spirit that drives the economy. The latest from the Globe's business commentary, by J. Ari Pandes, Michael J. Robinson:

About $174-billion of ETF assets are currently held at full-service brokerages, as of Sept. 30, according to Investor Economics, while another $173.2-billion of ETF assets are held in online discount brokerages. Now, as the year end approaches, the industry can see the tipping point for ETFs as the amount of money DIY investors are piling into the funds is creeping closer to the total assets held by investors who rely on financial advisers for purchases – marking a major shift in demand toward the lower-cost funds.

A lasting legacy could be created by simply getting the family together to sponsor or participate in a community project

The Canadian dollar is expected to weaken in the coming years as global economic conditions shift. Interest rates in Canada are likely to rise again, reflecting changes in U.S. monetary policy. Federal Reserve Chairman Jerome Powell indicated that the Fed may adopt a more cautious approach when it comes to cutting interest rates. This decision by the Fed will have a significant impact on the Canadian economy and its currency value. The latest from the Globe's business commentary, by John Rapley:

Where will you go in 2025? The Travel desk at The Globe and Mail used the lens of community tourism to compile our annual list. We're recommending local experiences in Greenland, Kenya, northern Jordan, Pakistan and more. Reporter gayle macdonald spoke with experts at Planeterra, Warren Green, Bruce Poon Tip OC of G Adventures, Intrepid Travel and Haida Tourism Happy travels! https://lnkd.in/gRWhtXhb

ICYMI ... One would think that if faced with a double whammy of existential and economic threats, Prime Minister Justin Trudeau would radically rethink his government’s approach to fighting financial crime. Logic, though, appears to be lost on him and his fellow legislators. That includes Ms. Freeland, who gave this issue short shrift during her four years as finance minister. Ordinary Canadians are about to pay a steep price for the government’s failure to pursue holistic change, despite repeated warnings about the need to better align the country’s anti-money laundering regime with that of the United States. #financialcrime #trade #tariff #fentanyl #aml