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Working as a Power Engineer you could earn twice the salary compared to a Professional Engineer, with only a high school diploma and a few months of training. Did I get your attention? I see you looking skeptical, seems like another YouTube marketing scam doesn’t it. It’s true, in Alberta, with only a certificate and overtime hours, you can make between $200,000 and $250,000 while a P.Eng earns only $120,000.

Economists describe countries as having life stages. Emerging markets benefit from an abundance of cheap labor during a period of manufacturing growth, then move from building things to a service-based economy. Hong Kong, for example, was a center for manufacturing and progressed into banking and services. Countries become wealthier with time because of technological advancement. Provided that investors or shareholders are treated equitably, they join the ride to wealth. The word equities is based on the concept of “equal treatment”.

What makes Canada an emerging market? Corruption and nepotism. These two aspects make the country impossible to invest in. Video of money laundering at BC casinos DIRTY MONEY REPORT. pic.twitter.com/mlUk0S6zt7 — dollarette (@dollaretteco) June 27, 2018

When I think of emerging markets, I picture somewhat disorganized countries with dusty streets offering cheap vacations on travelocity.com, however I recognize some key features such as: Heavily dependent on commodities with stock market valuations following commodity fluctuations More volatile markets compared to developed markets Political turmoil Reliance on other countries (usually stronger ones) for trade I looked for other definitions of emerging markets and found various interpretations starting with the 1970’s term “less develped countries” (LDCs).

The Canadian market has produced almost no wealth for the last 10 years, but the oil portion has been even worse. In a desperate attempt to appease investors in the Canadian oil market, the government will provide financial support of a public oil company. The reasoning is described by the Finance Minister, Bill Morneau. Morneau studied at the University of Western Ontario, INSEAD, and the London School of Economics (LSE). Since November 4, 2015, he has been Canada’s Minister of Finance.