Rebuilding Stronger Business Recovery in the USA and Canada

It remains that the recent two decades have been characterized by low inflation, low interest rates, and low unemployment, and many generations have entered the labor market knowing only cheap money and having never experienced recessions like that of 1981-82 or 1991. There may also be an issue of economic literacy at play here, as many people expect relief from lower inflation rates but fail to comprehend that a lower inflation rate signifies slower price rise rather than a return to pricing levels from a decade ago. Perhaps Canadians have changed and are less resilient in the face of tragedy of any type. After all, given the rhetoric, many people began to believe that the pandemic was equivalent to war and siege conditions. While the epidemic in Canada was deadly, it had varying effects on different groups of people. Some were on the front lines, suffering the brunt of the pandemic, such as health personnel, but others were not. Most wars result in extensive death and loss of human life, as well as physical and social infrastructures. They are not typically distinguished by a situation in which many people can work from home, the government pays you improved transfer payments such as the CERB, and you can order takeout and watch Netflix. Whatever the reason, Canadians are feeling more anxious

miserable, and petulant than usual, which will ultimately. 

spill over into politics. These words reveal everything you need to know about how many journalists, blinded by bluster, misunderstand the economics of the online world and their company's 21st-century realities. So far, the most vocal supporters of the Online News Act (Bill C-18) have not only miscalculated its ramifications, but they have also overestimated popular feeling extravagantly. One wonders what they educate in journalism schools to produce so many outrageously and predictably incorrect results. Today, they will continue that tradition with a cringe-worthy plea for the nation to stand in solidarity with them and declare September 15th as a #DayWithoutMeta. The date was chosen because it coincides with International Democracy Day. And, as we all know from reading newspapers and watching television news, society's foundations disintegrate in the absence of well-paid journalists. Or so they claim.

If you are new to this story, Bill C-18 is based on an unfounded. 

charge that Meta (which owns Facebook, Instagram, and Threads) and Google "steal" content generated by news organizations and refuse to share the purported vast revenues their mischief creates. The measure was intended to push the Big Tech corporations to go beyond the tens of millions of dollars they were already paying to support journalism in Canada, and cough up hundreds of millions more through phony new "commercial" partnerships. Most traditional news organizations, particularly newspapers, have failed to compete with the digital giants' improved advertising strategies, resulting in the loss of thousands of jobs and the "free press" adopting an apparent permanent status as a ward of the state. Despite agreements reached down under when confronted with a Rupert Murdoch-led shakedown, the big firms have responded that this premise is ridiculous. They believe that Bill C-18 leaves them with no realistic commercial choice other than to stop linking to Canadian and, it appears, international news.Google has yet to pull the plug and is still seeking to talk the government out of its predicament, as well as an industry that relies on the viewers Meta, Google, and others bring to its sites for free.

Meta's news embargo began in August and has now lasted six weeks.

Everything appears to be in order. It looks to have avoided the mistakes that occurred during its five-day shutdown of news links in Australia. Even more disheartening for journalists, Meta's study revealed that its users and advertisers aren't just inclined to ignore the lack of news; they may be happier without it on Facebook.Those most likely to bathe in web behemoth money convinced the government that their product—news—was extremely popular. Team Trudeau believed it could get points by condemning the monstrous U.S. businesses, which, let's face it, pose significant concerns as quasi-monopolies. And, despite the more educated protestations of newer, more innovative proprietors, the legacy portion of the news industry perceived a financial windfall that could save it (for a few more years at least) from its incapacity to adapt to change.Over the last six weeks, the news industry has had an opportunity to demonstrate how much the public values it. Instead, it has revealed the disturbing truth that the majority of it is neither as appealing nor as necessary as the self-serving picture it sees in the mirror. Its and its allies' reactions to Big Tech's outrage have been shockingly unsuccessful.The federal and Quebec governments reduced their advertising budgets, but these cuts amount to less money than Meta will save by discontinuing its $18 million in journalism funding. However, the Liberal Party continued to make purchases.