The Government’s Role in the 2008 Economic Downfall

December 7, 2016 Shayan Salesi 15

Introduction In 2007, the biggest economic collapse since the Great Depression of the 1930s occurred as a result of high default rates in the subprime mortgage sector in the US, consequently affecting other parts of the world economy (Temin). After general discourse lasting a couple of weeks, the government bailed out big banks, such as Wells Fargo for 25 billion […]

Stock Markets: Post Trump Effect

November 18, 2016 Shayan Salesi 5

Confused investors, fatigued fund managers, and disoriented traders. Sounds familiar? The market after the election has been a dangerous playing field. Players of the market are attempting to predict what a Trump presidency means. Based on Trump’s previous announcements, investors have sold bonds and their stock-market proxies, while snatching bank and infrastructure stocks on hopes of increased fiscal spending, lower […]

Wall Street vs. Donald Trump; US and Global Stock Markets Plunge

November 9, 2016 Jelani Smith 0

The historic US election shocked investors around the world; plummeting the stock markets and affecting the foreign exchange markets. Prior to the US election, investors were expecting Hillary Clinton to win. A candidate who is more predictable, and would have less impact on global trade. Two days before the election, the Dow surged 400 points, since investors were betting that […]

Canada Child Benefit: What You Need to Know

July 20, 2016 Jelani Smith 0

Effective on July 2016, the Trudeau Government rolled out the new Canadian Child Benefit program (CCB). The main purpose of this is to strengthen the middle class, which was one of the focuses of the 2016 Federal Budget. This program is to replace the Universal Child Care Benefit (UCCB) and non-taxable Canada Child Tax Benefit, helping families with a net […]

The World Has Changed, But What About Education?

July 5, 2016 Mariam Walaa 0

Since the beginning of time, kids were taught that school is the most crucial path to success. We attend school to select our desired profession (although, sometimes it is not necessarily desired), work towards a degree, and graduate to enter the workforce and contribute to the economy. Every society requires lawyers, accountants, doctors, teachers, officers, etcetera. The education system trains […]

Brexit Aftermath: Stock Markets Continue to Plummet

June 27, 2016 Jelani Smith 0

A record breaking $2.1 trillion evaporated from the global markets on Friday June 24th – worse than the financial crisis that occurred on September 28th, 2008, after the collapse of Lehman Brothers. This could have been avoided if the voters had chosen to remain into the EU. The Brexit aftermath has many voters calling this situation a Bregret – as they’ve […]

Bregret: Google Searches for “what is the EU” Surges

June 26, 2016 Jelani Smith 0

Brexit was a huge shock for the global economy, and stock markets, as many anticipated that it wouldn’t happen. The choice of leaving the European Union (EU) had a negative ripple effect on the world markets. Global stock markets experienced their worst single day decline since the collapse of the Lehman Brothers. The aftermath of the Brexit was huge, from […]

Brexit: The EU’s Worst Nightmare and a Global Bloodbath

June 25, 2016 Mariam Walaa 0

On Friday, June 24th, 2016, humanity woke up to a new world order. Brexit – Britain’s exit from the European Union – finally takes effect five months after Prime Minister David Cameron made the decision to hold a referendum on Britain’s connection with the EU. With 51.89% in favour of and 48.11% against leaving the EU, Britain takes an extraordinarily […]

Brexit Stock Market Crash

June 24, 2016 Jelani Smith 0

Brexit becomes a reality with 51.9% of the voters opting for the United Kingdom to not remain a member of the European Union. The votes were extremely close – the country was clearly divided in the middle, on whether or not if they should leave the European Union. The markets, according to the Economist, indicated that the probability of a […]

Canadian Real Estate Continues to Soar – StatsCan Report

June 22, 2016 Jelani Smith 0

According to the recent StatsCan report, spending on new residential construction totalled $4.2 billion in April 2016, up 8.4% form the same month a year earlier. The increase was influenced by the higher investment in apartment and apartment-condominium buildings, which has risen 20.8%, to $1.5 billion. There was also higher spending on row houses (more commonly known as townhouses, or […]