Canadian Business Icons

It’s a tough world out there, but with instinct and passion, an idea can grow into a vast empire. Look to some Canadian titans of industry that had a dream and are now living it. Canadian Business Icons: Christine Magee, Harry Rosen, Gerry Schwartz, Michael Lee-Chin, and Michael Budman Read more

Health Watch: Slashed Pharmacists’ Allowances

Ontario Premier Dalton McGuinty’s Drug System Reforms are not the cheerful, one-dimensional guarantees his government claims they are, according to worried, independent pharmacists; but McGuinty’s government is steadfast and assures not only have the right steps been taken to ensure pharmacies’ survival, the reforms will also benefit the health care system overall.

Generic drug prices will soon drop from 50 per cent – set in 2006 reforms – to 25 per cent of their brand name counterparts, possibly saving the government more than $500 million a year. But looking past this money-saving exterior, pharmacists wonder, at what true cost to them?

In order to cut generic drug prices in half, the government must eliminate what pharmacists consider their lifeline, Read more

Money Issues — The Sandwich Generation

It is not about what you’re taking to work everyday in your lunchbox. If you haven’t already heard the term Sandwich Generation, and you fall into the baby-boomer category, then it may be time to tuck a napkin in your shirt and digest some need-to-know information. While every media outlet is reminding you about economic hardships, you’re unfortunately part of a group of people that needs to take extra financial precautions – but that doesn’t have to be a bad thing. Read more

Money Issues — Moving into the Right Mortgage

Some say luck breeds success, but Alex Haditaghi knows nothing of that. The fortune of his company hails from savvy business acumen and a driving spirit that is triggering his triumphs at every turn. Lifting his company to smouldering heights, Haditaghi is the chairman and CEO of MortgageBrokers.Com (MBC), which revealed late last year a mouth-dropping revenue growth of 4,000 per cent over the span of just three years. “I am very confident for where we are and where we’re going. MBC was Canada’s fastest-growing merchant company last year, and we’re going to continue with the tremendous growth we have,” says Haditaghi, 34. Read more

Money Issues — A Buyer’s Market

If you’ve been longing for your dream home, now’s the time to turn that reverie into reality. Yes, it’s true: lower interest rates, a 10 per cent reduction in home pricing and an abundance of builders’ incentives is pushing economic woe aside and providing you with the opportunity to snag a home priced at a modestly lower price tag. “Because of the current market, it is more realistic and much more affordable to own a home. The incredibly low interest rates assist as well,” says Lou Grossi, broker and manager of Intercity Realty Inc., Brokerage. “In some ways it will be a slower year … that’s for sure. But there will be a lot of opportunities for people,” he says optimistically. Read more

Money Issues — Groceries for the Metro-politan Consumer

As natural as breathing, human beings generally eat three times a day. Whether pulling out a packed lunch or breaking bread over a hot meal, there’s more than meets the eye when it comes to our dining rituals. Realizing it or not, the whole process wouldn’t be complete without groceries. From fine dining restaurants to your home kitchen, food outlets target different venues, offering everything a person needs to sit and satisfy their palate. And during an economic slowdown where times are getting rough, you can bet your bananas that grocery stores are hanging tough – especially when it comes to Metro. Read more

The Life of a Mayor

During elections, voters face the dilemma of choosing the right leader for their community. The next time you cast your ballot, take into consideration the words of Dutch jurist Hugo Grotius: “A man cannot govern a nation if he cannot govern a city; he cannot govern a city if he cannot govern a family; he cannot govern a family unless he can govern himself; and he cannot govern himself unless his passions are subject to reason.”

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