Transition Brockville archive

Tag : Business (102)

Value(s) by Mark Carney – call for a new kind of economics

The Guardian / Will Hutton / 21 March 2021

In a mix of rich analysis mixed with pages that read like a dry Bank of England minute, he blames the three great crises of our times – the financial crash, the pandemic and the climate emergency (he is the UN’s special envoy on climate action and finance) – on twisted economics, an accompanying amoral culture, and degraded institutions whose lack of accountability and integrity accelerate the system’s dysfunction. Thus banks lost control of reality in a fantasy world in which balance sheets could grow exponentially without risk – another market would handle that – indulged by governments and regulators who believed that markets were always right. Then came the Covid pandemic, for which western governments were singularly unready, relying on dubious cost-benefit analysis rather than valuing what we as humans tend to – our lives and looking out for one another. The same mistake is being made with climate change.

[ FULL ARTICLE ]

Line 5 shutoff would have ‘devastating effects’ for eastern ON

Brockville Newswatch / 13 February 2021

A business recruiter and job creation group for seven Leeds-Grenville municipalities is warning a potential shut down of an oil pipeline will have “devastating effects” on the regional economy and Eastern Ontario.

In an open letter to the prime minister, the St. Lawrence Corridor Economic Development Commission is calling on Justin Trudeau to make the issue of Line 5 a priority.

Enbridge Line 5 is a major pipeline that delivers crude oil from western Canada to eastern Canada through the Great Lakes.

The commission says Enbridge Line 5 delivers just over half a million barrels of crude oil to Ontario and Quebec. It could be shut down on May 12 after Michigan Governor Gretchen Whitmer moved to revoke a 1953 easement for operating the pipeline in her state.

[ FULL ARTICLE ]  [ ‘Enbridge Line 5’ on Wikipedia ]

Couple eyes composting program for Gananoque

Recorder & Times / Heddy Sorour / 2 February 2021

The town of Gananoque does not currently have a municipal composting program. One young entrepreneur is proposing to change that deficit.

Tikvah Mindorff is a Gananoque resident who would like to open up a composting business in partnership with the town.

“The program would run according to the same recycling schedule in town, and there would be a membership initiation fee, in order to provide a curbside green bin and smaller kitchen caddy and fridge magnet explaining what can and can’t go into the bins,” said Mindorff.

[ FULL ARTICLE ]

Local creamery goes back to basics

Recorder & Times / Heddy Sorour / 30 January 2021

He’s the visionary; she’s the facilitator who helps get things done, she says.

Ellen and Josh Biemond are the brains and the brawn behind Biemond Upper Canada Creamery, a small dairy production and processing business in Iroquois that has taken North Grenville by storm.

“It’s organic, grass fed and local and it’s good value,” said Jim Beveridge, owner of B&H Your Community Grocer in Kemptville, the first retailer to carry Upper Canada Creamery products. “We actually do quite well with their products; they have a loyal following.”

[ FULL ARTICLE ]

COVID prompts local industries to cooperate

Recorder & Times / Ronald Zajac / 14 December 2020

As the COVID-19 pandemic devastated the global economy, it also taught Canadian businesses a stark lesson about the world supply chain, a lesson the region’s economic development commission won’t forget.

And the result has been local industries increasingly doing business with their neighbours, rather than with suppliers in other countries.

As the pandemic persisted from spring into summer, the St. Lawrence Corridor Economic Development Commission formed an industrial leadership team, bringing leaders of local industries together, touring each other’s plants.

[ FULL ARTICLE ]

Transitioning our money to invest locally

Resilience / Leslie MacKenzie / 11 December 2020

People often ask, “So what do Transition Town groups do?” One answer to that question would be, “We take good ideas, bring them home, and make them real.”

That’s what Pat Thompson and Sherm Eagles did when they attended Jay Tompt’s REconomy workshop at the Transition US National Gathering in St. Paul, Minnesota in 2017.

“Hearing that such a thing exists as the REconomy Centre, that was an eye opener. Wow! Someone is doing this thing and maybe we can do something like it,” said Pat. “I was also inspired by the people who attended the workshop.”

[ FULL ARTICLE ]

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The Transition Framework

Transition initiatives share many of the same goals as other groups, and work collaboratively with a variety of organizations in their local areas. Transition differs in that it focuses specifically on preparing communities for the changes associated with unprecedented resource depletion and transitioning away from fossil-fuel dependency.

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