Generational gaps can create challenges for businesses, forcing businesses to adapt to the expectations imposed by younger generations. Currently, millennials make up 24% of the global population and are actively changing the ways in which businesses must operate. Like the generations before them, millennials have established their own work ethics and preferred methods of communication….
Ontario’s economy is expected to achieve a 3% growth in GDP based on the province’s performance this year. Previous growth projections expected a 2.6% increase to the province’s GDP, however favourable conditions enabled businesses to increase their competitiveness and drive sales, both domestically and internationally. This is just one of the many trends identified in…
The Canadian manufacturing industry lacks a clear identity, and it’s hindering our ability to be competitive on a global stage. In 2015, Canadian manufacturing sales totalled $610 billion. As of September 2016, sales are on pace to hit $571.9 billion. This $38 billion decline in sales further compounds losses from 2014-15 and continues to jeopardize…
Many Canadians – especially younger generations who have grown up with internet access at their fingertips – are moving away from traditional media as their primary method to consume radio/television broadcasts. Online streaming services like Netflix, YouTube, Spotify, Apple Music, and online radio channels are capturing more and more users who are driven by accessibility…
Disclaimer: This article does not endorse either political party or presidential nominee. Today is the American presidential election. We’ll soon know who the next leader of the United States is, and with that knowledge, we can begin looking at the new administration’s incoming changes. Yesterday’s blog reviewed Trump’s platform; and in an effort to analyze…
Disclaimer: This article does not endorse either political party or presidential nominee. The American presidential election is tomorrow, and Canadians are anxious to see who wins. While Hillary Clinton has led in the majority of polls until now, slim margins could make for a close race. Either candidate could win, and we must be must…
Ontario’s agri-food industry continues to experience sustained growth and is an economic leader within the province. In 2015, farming and food processing employed approximately 1 in 9 Ontarians and contributed $36.4 billion in GDP to the province, representing nearly 6% of Ontario’s total GDP. In fact, food processing contributes 15% of the province’s total manufacturing…
Most Canadians share an inaccurate, out-of-date view of how businesses grow and succeed in international markets. Gone are the days where businesses manufactured products in Canada and shipped them internationally; now companies must extend beyond borders and become part of an integrated international value chain. Traditional trade measurements fail to recognize is the effect that…
Wind power is in the midst of extreme market growth. The advancement of technologies, in addition to rapidly changing legislation from governments, are helping to fuel strong growth rates year-over-year in North America and around the world. Wind technologies present a significant opportunity for businesses across the world. Technology development companies are rapidly researching ways…
New vehicle innovations are reshaping the automotive industry at a more rapid pace than ever before. Global manufacturers are developing new products and processes at an accelerated rate, which is helping the automotive industry to become more efficient and technologically advanced. One of the major trends leading this revolution is the lightening of vehicles throughout…