March 17, 2018

Community Comments

Community Comments

“Just as ‘justice is blind’, we must exercise similar impartiality when exercising an inclusive ‘fairness lens’ to create a more diverse and improved economic environment for all segments of society.” (Eli Fathi, CEO at MindBridge Ai & member, CATA Innovation Leadership Council)

” Fairness Lens – does this exist? is there a lens that lets me ‘examine’ or ‘look’  through or put under a ‘microscope’ to determine if (a politician, policy creator) is being fair?  Is there a ‘how’ TO criteria or A way to evaluate BECAUSE the concept of fair is subjective and more rooted in individual perception versus reality. The idea being that Government can’t tilt the playing field, stack or advantage one team at the expense of others.  Competition as tough as it is, and no longer tethered to shipping routes, or borders, but to the cloud. Therefore it is in the collective interest of the country to protect and to be fair.” (Tony Chapman Reactions)

” If we turn the optic around so as to demand from our public officials more intelligent analysis and less spear areas catchphrases we could maybe get them to address it on the basis of the certain unalienable rights that should accrue to all citizens of a country. It might also be appropriate to suggest that this is the time to establish expectations from citizens other than simply paying taxes or taking handouts. The emphasis should be on the community of our country not the division of that community.” (Paul Labarge, Co-Founder & Partner, Labarge Weinstein LLP)

If fairness is applied to any issue it’s tough to argue against the result. Fairness bypasses any political ideology or attempts at social engineering. The problem is that people tend not to act fairly they act IN their own best interests. But if you want an easy to understand approach …I think everyone understands fairness. It is not trendy or politically correct, it is a cornerstone of a society we would all like to live in. Maybe our current Trudeau should give some thought to his father’s comments when he was Prime Minister and working to create what Pierre called a  “just” society.” (Paul Brent, Senior Communications Strategist, broadcast journalist & member, CATA Innovation Leadership Council)

” If we are going to have social engineering it should not be on the backS of a small group IT should be a charge against society generally. So the costs associated with extended leaves should be a social cost and paid from tax revenues just like all the benefits received by public servants and should be set at the same level as for public servants. No Canadian should have a pension that is less than what is provided to people who are in the public service. There is not any discrepancy in salaries that supports the clearly privileged position of public employees currently. Security of employment even in the face of incompetence is not seen in the private sector unlike the public sector where studies clearly demonstrate a failure to manage and a failure of accountability – this is not fairness on any standard.”

(Dan Wasserman, Innovator, Mentor, Fiction Author & member, CATA Innovation Leadership Council)

” The lens, the new lens that we put forward…should put policies that do not make sense, off side when viewed through the new lens…you’re talking about something like equitable treatment of diversity in the workplace and in hiring practices. This IS in contrast to simple gender diversity which does not capture the full spectrum of human characteristics that lead to discrimination of equally capable people.” (Russ Roberts, Sr. VP, Advocacy, Tax & Finance, CATA)

” Our leaders should be looking at all economic inputs such as employees, business owners and large, medium, and small enterprises through the lens of “what economic benefit do they deliver to our economy?” Not just whether or not they are being taxed the same. The core of “what is fair” should be based on all of the factors that impact our nation, such as whether job creators should be treated the same as those who are employees, and also whether or not someone is employed in the public sector with a guaranteed pension indexed for life, or has been working in the private sector with no such benefits. ” (Terence M. Donnelly, CEO, Hill Street Beverage Co.)

” In the ‘Old West’, it was said that there were two kinds of people – the quick and the dead. In the Industry 4.0 World, there are just two types of organizations – the quick and the dying. The quick embrace new ways of leading and creating value through a fairness lens, while the dying hang on for dear life to what brought them success in the past.” (David Perry, Managing Partner, Perry-Martel International Inc.)

” Universal programs are not about providing the same service to every citizen. A universal approach to cake would guarantee Justin and everyone else access to the cake they need, when and if they need it. Targeted programs can’t do that. In a universal program, nobody falls through the cracks; no administrator can decide you are not eligible for cake.

Nor are universal programs, as Trudeau implied, necessarily regressive. If the tax system is progressive – that is, if the rich pay a greater share — then so are universal programs. Surely the fairness of the cake’s distribution depends in part on who paid for the cake.

Trudeau’s parable misses what the Swedish political scientist Bo Rothstein calls the “paradox” of universal programs. “One would assume that … policies that tax the rich and give to the poor would be the most efficient way to reduce poverty,” he writes. “But the facts are exactly the opposite.”
(Toronto Star, Editorial Board)

 ” Maybe we need to keep separate social engineering that has gotten completely out of hand and economic development.
  — a touch of humor or prescience —

Only when taxation and debt are contained (or AI agents take charge) will I feel confident that government intervention can be disciplined.” (Perry Kincaide, Director & Past President, Alberta Council of Technologies Society)

” The government has a union that imposes full payroll disclosure. It promotes raises for under-performers and limits freedom to reward high-performers… Different people have different backgrounds, intelligence, personalities and work ethics. They should be at different compensation levels. Companies should be free to pay whatever they want. Employees are free to take whatever job they want, and free to find another that pays better. It is the essence of capitalism and promotes a free and open market.” (Dave Gorman, High Tech Genesis Inc.)

” A new report from TransUnion shows young Canadians really love debt. Average non-mortgage debt among Generation Z surged 22.9 per cent y/y in the fourth quarter, with Millennials next in the queue at 12.6 per cent growth. Gen Z (those born from 1995 onward) is also showing its inexperience managing debt, with delinquencies jumping almost half a percentage point. ” (TransUnion)

” The chief executive of Canada’s largest bank also took issue with the government’s spending plans on Tuesday. Royal Bank of Canada CEO Dave McKay said he’s concerned that government largesse, combined with high consumer spending among Canadians, “particularly on housing,” is “overdriving the economy.”

“ We’re running significant deficits in the country to continue to spur growth at a time when maybe we should be running a surplus given the economic strength out there,” he said at a conference in New York.” (Dave McKay, CEO, Royal Bank of Canada)

” My sentiments on Deficits are as follows:

1. Deficits are a tool for political parties to steal from the future of the next generation.
2. We should have mandatory jail sentences for any political party that runs a Deficit.
3. Any political party that has not left a balanced surplus at the end of a 4-year Term should be disqualified from running in the next Term for a government.” (Daniel Steeves)

” It would be interesting to see the breakdown of the non-housing debt. Investing in education has traditionally been a good bet but the costs are out of control. Borrowing to purchase investments when interest rates are low has paid off. Borrowing to start a business is not a sure bet but should be encouraged and made easier.” (Ron Wheeler, Artifact Software)