/Posthaste: ‘It shouldn’t be this hard’: Big Business decries ‘astounding’ scarcity of sound economic ideas in this election

Posthaste: ‘It shouldn’t be this hard’: Big Business decries ‘astounding’ scarcity of sound economic ideas in this election

Good Morning!

Canada’s biggest business group has sharp words for the country’s major political parties: “It’s still the economy, stupid.”

“Election day is less than two weeks away. Our political leaders are running out of time to make their pitch to Canadians, and they continue to struggle to distinguish their plans for the country,” the Canadian Chamber of Commerce wrote in a letter to the editor in the National Post. “It shouldn’t be this hard. It’s still the economy, stupid.”

Don’t expect any Grand Bargain or New Deal ideas from the federal leaders’ debate taking place in Ottawa at 7 p.m. ET though. The two-hour debate focuses on the issues of affordability, environment and energy, indigenous issues, leadership and Canada on the world stage, and polarization, human rights and immigration — with no theme solely focused on the big hairy economic challenges facing Canada.

Here’s what’s you need to know this morning:

  • Canadian party leaders hold first official debate during election campaign
  • Bloomberg Nanos Confidence Survey
  • Yoshiaki Tanaka, scout for SoftBank’s Vision Fund, to share scale-up insights at the Toronto Region Board of Trade

Can’t recall that Seamus Heaney poem? Or that really clever idea from Yuval Noah Harari’s 21 Lessons for the 21st Century, that blew your mind at the time? You are not alone. Turns out our minds are like sieve, leaking most of the information that has been imparted to us — unless we apply it.

And it’s not just the curse of our information-laden society. Turns out that Herman Ebbinghaus, the German psychologist, had been grappling with the issue way back in 1885. He was the man behind that Forgetting Curve, which demonstrated that we would lose close to 80 per cent of the information we receive within a month if we don’t use it.

Remembering new information is an under appreciated skill, James Wilson wrote in the Harvard Business Review. “The fact that most of us have never evolved our technique beyond the rudimentary and ad hoc approaches we used as middle schoolers suggests this. It is required for any sort of professional growth, since the need to learn is high, and can separate the exceptional performances from the mediocre ones. After all, would you prefer to hire the consultant who presented using cue cards or the one who pitched from memory?”



— Please send your news, comments and stories to [email protected]. — Pamela Heaven @pamheaven

With files from The Canadian Press, Thomson Reuters and Bloomberg


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