Future of work and higher education in Canada, 2021

41 minute read

Published: April 03, 2022

Future of work and higher education in Canada, 2021

To understand the future of work and education, we first must know the trends in the indicators that direct its evolution. It is known that the dynamics between education and work are highly related to the curricular design of academic programs. The programs in essence must respond to the social, economic, and cultural needs of the locality, region, country, and international plans. The intrinsic link is that the educational offer responds to demographic, social, economic, and cultural demands. The great disruption for the future of work and education did not come for a big technological change, non for a big demographic revolution. It came because of a pandemic that hit the world at an unexpected moment. In March 2020, governments around the globe declared a state of emergency to support the response to the global COVID-19 pandemic, calling for unprecedented stay-at-home and social distancing measures to ensure the safety of citizens. COVID-19 social distancing rules led to an acceleration in the process of technological adaptation, which forced the markets to expand and open their services, adapting them so that they were accessible and online friendly (Budd, et al., 2020). Canada’s COVID-19 related total deaths have been 23,965 so far. On a per capita basis, fatalities have been below most of the countries, and they were below the United States until the second week of April of 2021. Canada’s mass vaccination began in December 2020 and plans to vaccinate every Canadian that wants by September 2021, starting with the older people. This is important after that around 90% of these deaths were among those aged over 70 years.

Trans-Pacific Economic Cooperation Agreement (TPP12)

8 minute read

Published: February 12, 2021

Implications for Canada of the non-participation of the U.S. in the Trans-Pacific Partnership

Some economic studies predicted that continuing with the TPP11, with no U.S. Participation, would produce less positive economic results but still benefit the remaining countries. Canada would benefit most (second to Mexico) with TPP11, with a projected gain of 3.4 billion dollars, greater than the estimated 2.8 billion dollars in TPP12. With the TPP11, BC will be able to commerce with the other 8 countries and have many opportunities for expansion. BC can also analyze the benefits for trading and consider the positive ways to capture market shares from American competitors. Additionally, there is the opportunity to have a better deal with the UMSCA, looking for better negotiation terms that favor commercial relations. However, the macroeconomic context must be considered, for instance, the evolution of economic partnership, international evolution, and the risks derived from climate change.

For the good of the stock market let’s talk about welfare

5 minute read

Published: May 13, 2019

International financial markets are sensible and behave accordingly to changes in government ideologies. Statements made by Trump and newly elected presidents in Latin America have created shocks in the international financial markets. In this regard credit rating agencies have already made their forethoughts. Seemly, there is a tendency favoring right-wing governments over left-wing ones. By the end of 2018 two of the biggest Latin American economies elected new presidents from opposite political ideologies. Markets talked: they championed the right-wing president over the left-wing one.