Of all the corporate manoeuvres in recent times, the consolidation of three life insurance subsidiaries – Great-West, London Life and Canada Life – has to rank among the more foolish. The three companies have long been part of Power Financial but that, apparently, has not been sufficient for the kind of synergies needed in this day and age, according to company officials. In Canada Life, they certainly have chosen the most storied of the three names for continuing use. Canada Life, founded in 1847, was the first Canadian life insurance company. Great-West acquired Canada Life in 2003, London Life in 1997, and continued to...

We were at a dinner recently where we knew no one. Seating was random so we ended up across from a couple who lived in Chicago. After the usual niceties about jobs and how beautiful each other’s cities were, I ventured into the topic of politics. “Most people in Chicago are Democrats,” I said, “are you?” “We’re Republicans,” replied the wife. I should have known from her chilly tone that I had made a horrendous mistake, as if I called them idiots or worse. Foolishly, I carried on, asking,”How do you think your man in Washington is doing?” “He’s trying his best,” she said. By this...

If my grandmother were alive, she’d say, “The back of winter has been broken.” Of course, she also maintained, “Winter hasn’t gone until the snow is out of the bush.” Still, there are positive signs, Nanna. Daylight saving time arrived over the weekend and the rest of this week is supposed to get warmer, reaching a balmy 13C in Toronto on Thursday. But there were other, earlier aspects of spring, particularly in the bird world. Cardinals started singing on territory three weeks ago as they announced their nesting sites and fended off other males of the species. A week ago today, I saw an American Robin...

If Jody Wilson-Raybould is to be believed, and she certainly seems credible, the minister was under extreme duress to change her mind about prosecuting SNC-Lavalin. I’m not going to detail her testimony in this blog, everyone is now all too familiar with the ongoing efforts made by her colleagues on behalf of the Quebec-based firm. None of that activity seems to fall under the “rule of law” rubric so beloved by Justin Trudeau. While multiple participants have supplied facts (as they see them), the Globe and Mail is to be congratulated on first raising this matter last month. Turns out the original piece written by...

The play, 1979, by Michael Healey, is regularly described as a satire, but it is more than that. It is also a paean to Joe Clark who forty years ago lost a confidence vote and his job as prime minister. At the time, Clark was seen as a bumpkin and a fool. He was neither, as the play that recently finished a Toronto run, reminds us. The play is also a comedy filled with great lines. “I’ve got Peter Lougheed riding me like a pony and it’s the last day at the Ex,” says Philip Riccio who stars as Clark and...

There’s an ad running in my morning paper that trumpets a one-day conference next month that’s entitled “Cultivate Leadership Charisma.” The seven speakers listed are unknown to me but that may be my fault. I guess I hang out with the wrong crowd. This bunch promises charisma like Tony Robbins, a more famous name on the lecture circuit, claims he can teach anyone selling skills. I went to a Robbins performance once, just to see how it all worked. Hundreds of people, many of them real estate agents, had paid big bucks to have their egos rebuilt, techniques burnished, and confidence restored....

When we returned from Washington, D.C. in May 1993, Canada was in a shambles. There was a recession, the government of the day was at a nadir, and housing prices had fallen 50 percent. I no longer smoked, but my late wife did, so I was in a corner store to buy cigarettes. Asked the clerk, “How much do you want to pay?” Turns out he had legitimate packages where the taxes had been collected but also gray market items that cost much less. Eventually two cigarette companies were fined $1.15 billion for their part in that contraband market. I don’t know who is running...

One of the fluffiest puff pieces ever written is floating on page one of today’s Globe and Mail. The focus is Timothy Caulfield, Edmonton author and academic at the University of Alberta. In the first few paragraphs we learn he can’t sleep for fretting about his projects, by day he is pensive, and in the evening he worries about the health and welfare of the world. Even the professor can’t fully explain why he is so wired, saying, “I can honestly say I don’t know why I care so much.” For a best-selling author, star of a new Netflix show, and...