@KnightLegg So true. For those wondering why Montreal, a beautiful, vibrant, amazing city cannot attract business and entrepreneurs to come and innovate in their city. Here is your answer.
Imagine you’re the CEO of Air Canada….
….sleepless and dealing with a brutal tragedy in real time with vast US and Canadian media coverage - and your PM decides to hit you with a cheap shot saying you lack ‘compassion’ because you lack excellent French language skills.
But you’re the CEO of a regulated industry so he knows you can’t punch back. Even though his own French is carefully stage-managed. And the Governor General can barely speak it.
The PM chose to use a national tragedy to score marginal political points with the Quebec language police.
Tone deaf and gross.
Je veux dire, c'est grotesque et d'une insensibilité totale.
California govt doesn’t understand this because when they run out of money they just raise taxes. The problem is not new, but when it impacted everyday Californians it was not a govt priority. Now that it is impacting people important to them, change may finally come.
Govt price controls and bureaucracy have made it impossible for insurance cos to continue writing policies in many areas. Look for the government to blame the insurance companies. But companies that can’t make money go bankrupt.
My heart goes out to people in Southern California impacted by the wildfires. The impact is horribly worsened by the insurance crisis created by the California government.
Student loan payments are back after a series of COVID-related govt deferrals. Unfortunately, deferrals were little more than a bandage on a much larger problem and did nothing to help students in the long term, as I discussed in American Banker today:
https://t.co/1usJNBlo9s
In March 2020, the average American household owed over 95% of their income to different types of loans. With the #COVID19-led economic recession, these numbers are only worsening. https://t.co/sHRUToXFfH
This country's student loan crisis began long before the onset of #COVID19. Now, with millions left unemployed and the economy in shambles, the problem is quickly worsening. https://t.co/5Ig7ijV1cR
Data released by @usedgov shows that only a few thousands applications to PSLF were eligible for loan forgiveness because of the strict requirements. It has a noble mission, but the program is helping too few. Perhaps reform is in the cards?https://t.co/iRt8FRp7LV
In these unprecedented times, millions of Americans are finding it harder and harder to pay their bills on time. If you're looking for relief on your student loan payments, check out these tips from @StudentLoanHero: https://t.co/LwgISMJZP9
According to a @BrookingsInst report, low-income families are falling disproportionately behind on student debt because of #COVID19: https://t.co/iISCiV7lqe
Americans have been hit hard by #COVID19, but, if there is a small sliver of a silver lining, many have been able to help their finances by using a personal loan to consolidate debt and improve their credit score. See more here: https://t.co/7ggW2w7Ybj
Americans are saving more than ever during the pandemic. If you're wondering when it's time to start spending, take a look at some ideas from us at @FreedomDebt: https://t.co/94sFatIQ3U
Even with financial aid, the cost of college is astronomical with the average student having to take thousands in loans. Then, there's the cost of room and board. And the numbers just keep growing. Something must be done. https://t.co/NLRpUfx007
An interesting result during #COVID19 - an @Experian survey found that more than 70% of student loan borrowers reported not knowing what will happen to their debt in the event of their death. https://t.co/0P9Kem5xRF
The rising costs of college had many students questioning the value of a degree long before the onset of #COVID19. Now, with many universities transitioning online, more students are asking the same question - what is a college education worth? https://t.co/04pHsWUZ5M
.@InsideHigherEd makes the argument that student debt cancellation can make a decisive difference in creating a equitable environment - a necessary conversation in today's America. https://t.co/UwAN7bLc2O
According to @StudentLoanHero, college students can expect to pay up to more than $1.5K per credit hour in college. While this amount depends on multiple factors, it is an astronomical total. https://t.co/iNCiKJ2FJp