Economist’s view: Michael Hatch

The haze of crisis

The haze of crisis

October 16, 2015 at 1:50 am Comments are Disabled

WITH ALL OF THE ECONOMIC TURMOIL IN GREECE, CANADIANS MIGHT BE WORRIED ABOUT A SIMILAR SITUATION HAPPENING HERE. BUT WE ARE FAR FROM BEING THE NEXT GREECE As of this writing, it was far from clear what kind of solution would emerge from the crisis in Greece and the European […]

Read more ›
Down to the wire

Down to the wire

July 8, 2015 at 11:29 pm Comments are Disabled

IT’S HARD TO SAY WHAT WILL HAPPEN ON ELECTION DAY By all accounts, we are headed for an exciting and unpredictable federal election. Though the main players claim to ignore the polls that are thrown at them almost daily, the horserace heading into the October vote has been fluid and […]

Read more ›
Doing the right thing

Doing the right thing

June 17, 2015 at 8:21 pm Comments are Disabled

INVESTING IN GOODWILL WILL PAY OFF AT YOUR DEALERSHIP In an era of ill will towards business and populist leaders pandering to such sentiment, it has never been more important to invest in “long-termism” and to place the customer’s interest at the heart of everything we do. To most dealers […]

Read more ›
Canadian dealers vital to Canadian economy

Canadian dealers vital to Canadian economy

April 24, 2015 at 2:36 pm Comments are Disabled

The Canadian auto retail industry continues to thrive in a uniquely challenging marketplace THE PERIOD BEGINNING in late 2008 and ending today can be split up into three distinct economic periods: the immediate crash and recession; its subsequent lukewarm recovery, and; the most recent phase, renewed uncertainty associated with the […]

Read more ›
The fuel efficiency dilemma

The fuel efficiency dilemma

March 19, 2015 at 8:45 pm Comments are Disabled

Manufacturers are scrambling to bring more fuel efficient vehicles to market but buyers aren’t following suit After a second consecutive record sales year for new vehicles in Canada that was driven entirely by growth in the truck segment, and with oil and gas prices touching recent historic lows, it is […]

Read more ›
Complexity driven by simplicity

Complexity driven by simplicity

January 8, 2015 at 3:28 pm Comments are Disabled

Canada’s current tax system is a direct result of our desire for democracy and deductions The federal government has finally moved into a surplus position after years of recession-induced (and stimulus-increased) deficits. Thus it has been able to fulfill some of its 2011 surplus-contingent promises, namely in the form of […]

Read more ›
Not what it seems

Not what it seems

December 29, 2014 at 4:51 pm Comments are Disabled

The view of Canada as a current beacon for fiscal responsibility perhaps doesn’t reveal the whole truth Now that we’re into election season (which, unfortunately, kicks off as much as a year before we actually get to vote), there will be much talk about the federal government’s return to budgetary […]

Read more ›
How much longer?

How much longer?

November 4, 2014 at 6:41 pm Comments are Disabled

I have used this space on several occasions to offer insights into the recent evolution of consumer debt dynamics in the Canadian automotive retail market. Though the details varied, the theme did not: consumers have piled on more debt in the past decade to finance new vehicle purchases, but daily […]

Read more ›
Canadian auto dealer