By Sharon Miki, on March 8th, 2011
When people think about business, they often think about profit, sales and the bottom dollar. For 67 business students at Royal Roads University participating in the annual Venture Challenge, this business savvy was put to good use, raising $28,930 for local charities.
The Venture Challenge involved Bachelor of Commerce students breaking into teams with an $1 per student investment as start-up capital. Each team then applied their investments to a small business idea for five weeks. Proceeds from the students’ challenge businesses went to charities of their choice—including the B.C. Children’s Hospital, the David Foster Foundation, The Mustard Seed Food Bank, KidSport, Make a Wish Foundation, The Heart and Stroke Foundation, the Canadian Hero Fund, The Queen Alexandria Foundation for Children, The Vancouver Island Marmot Recovery Foundation, and Big Brothers and Sisters of Victoria. The most successful small challenge money-makers included a drop-in Yogathon and a choir concert . . . → Read More: Student Special: Royal Roads Students Get More Bang for Their Charitable Bucks
By Kealy Doyle, on February 26th, 2011
Study co-author Dr. Jack Mintz (Credit: University of Calgary)
Good news for Canadian business from the University of Calgary’s School of Public Policy. The latest study by Dr. Jack Mintz and Dr. Duanjie Chen reveals Canada is now the most competitive country for capital investment tax among the seven largest developed countries represented by the G-7 alliance — a big improvement from 2005, when Canada was deemed the least competitive.
Capital investment tax is a valuable indicator of future investment and economic growth. Since global wage rates are gradually equalizing, corporate tax rates will become increasingly important in attracting business. Canadian prospects are good, especially in light of further planned reductions in corporate taxes by 2013. “The combination of resource wealth, a favourable tax regime and our proximity to the U.S. is very positive,” said Mintz.
Canada should not rest on its laurels, however. In the study’s analysis of . . . → Read More: Cutting Back To Climb Ahead: Study Reveals Canada Most Tax-Competitive G-7 Country
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