Pros and Cons of Patriotism
Patriotism is one's love, pride, devotion, attachment, and loyalty to a country. The feeling of love and unity towards your home nation results in patriotic action and it is considered…
Pros and Cons of US Government Subsidies
Government subsidies are incentives offered to businesses or individuals in form of financial aid with the aim of promoting economic growth and social policy. US federal government uses subsidies to…
Pros and Cons of US Farm Subsidies
Farm subsidies or agricultural subsidies are incentives offered by the US federal government to support agribusinesses and farmers. The support provided can be vital to the economy of the US.…
Pros and Cons of Unilateralism
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 that are independent…
Pros and Cons of Trade Liberalization
Image source: investopedia.com Trade liberalization is the reduction of restrictions or barriers to the exchange of goods between nations. It focuses on reducing tariff obstacles such as exercise duty and…
Pros and Cons of Raising Minimum Wage
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…
Pros and Cons of Refugees in Canada
Image source: huffingtonpost.ca Over 25000 Syrian refugees that came to Canada were settled in within months. The government supported some of them while the private groups and individuals supported others.…
Pros and Cons of RESP
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…
Pros and Cons of TFSA
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…
Pros and Cons of RRSP
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…