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Columnists

Social innovation through impact investing

What if right around now a solid hunk of global finance grew out of its devilishly anti-social phase and over the next few years got a social life, fell in love and got engaged?

I know. What are the chances that we'll ever see big money flowing into shapely investment pools that genuinely promote collective health, wealth and happiness?

But then again, maybe there's a way. A significant group of Canadian financial visionaries are part of a growing global movement that says it actually can happen. Together, they're scheming to introduce a player in the capital market that defies the traditional dichotomy between seeing investment as making money and donations as doing good.

Columnists

Monetary policy may seem dull, but what's at stake isn't

It's not often we get a chance to glimpse how power really operates in Canada. Last night was one of those rare opportunities.

At 6 p.m., the men who dominate our financial system assembled at the Hilton Hotel in downtown Toronto. Among them were the CEOs of Canada's five big banks and the top insurance companies. In many ways, this crowd could be regarded as the executive committee of Canada's ruling elite.

They came for a dinner ($1,250 a ticket) to raise funds for a new monetary policy research centre connected to the C.D. Howe Institute. That may sound innocuous. But Canada's top bankers were not getting together to figure out how they can make banking more customer-friendly.

Columnists

'What do banks actually DO?': Teach-in with Occupy Toronto

What do banks actually DO? Create credit out of thin air.

Were Canadian banks bailed out? Absolutely, to the tune of $200 billion. And they are still protected and subsidized more than any other sector of the economy.

What must be done with these banks? Tax them, control them, and ultimately take them back.

Occupation, democracy and co-ops

| October 18, 2011
Columnists

Occupy movement: The revolution of 2011?

The year 1848 is noted for the revolutions that swept across much of Europe. Historians in the future may write of the revolutions of 2011. What started as a popular revolt in Tunisia in late 2010 and spread throughout the Arab world has now gone worldwide as people gather everywhere to protest the current order.

Europe, G20 and financial transactions taxes

| October 16, 2011

An open letter from the top 1 per cent: Keep up the good work!

| October 14, 2011

First we take Manhattan: What Occupy Wall Street could mean

| October 14, 2011

Occupy Wall Street movement is democracy in action

| October 12, 2011
Brian Topp

What do the Wall Street occupiers want?

| October 12, 2011
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