Unilateralism is a one-sided action. It is a process in which a nation can take unilateral actions without a look at the opinions of other nations. Policies which are independent…
Image source: investopedia.com Trade liberalization is the reduction of restriction or barriers to the exchange of goods between nations. It focuses on reducing tariff obstacles such as exercise duty and…
Image source: timeequipment.com A minimum wage is the lowest wage companies can pay workers. The federal minimum wage was raised to $7.25 per hour since 2009. Some states and cities…
Image source: huffingtonpost.ca Over 25000 Syrian refugees that came to Canada where settled in within months. The government supported some of them while the private groups and individuals supported others.…
Image source: blog.credential.com The Canadian government encourages parents to save for the child's future education through the Registered Education Savings Plan (RESP). Registered members to RESP make contributions that build…
Image source: shajani.ca Tax-Free saving Account (TFSA) is an all-purpose way to invest and can be used to save for any financial goal. TFSA is available to Canadian citizens aged…
Image source: blog.credential.com Registered Retirement Savings Plan (RRSP) is a retirement investment vehicle in Canada. It is essential for investors with less money to spare and has a few risks…
Image source: youtube.com Proportional representation (PR) is an electoral system that looks at the interests of all citizens in an electorate or voting district. A political party that wins votes…
Image source: britannica.com Peacekeeping was established during the cold war as a way of resolving conflicts between states. United Nations (UN) stationed several military intervention operations to prevent future wars,…
Image source: indiatribune.com Demonetization involves changing the current currency status by replacing it with a new note or coin. This reduces the circulation of the money. Conversion of Rs.500 to…