2BY4 GTA News Vol.2/Issue 2/2018

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WORKERS

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W W W. 2 BY 4 G TA . C A

Volume 2/ Issue 2/ March 8-April 9, 2018 / GTA West

Crypto or Condo? By Andrew Dabrowski A client of mine recently challenged me with this question after making good money on a home I sold for him. He said, “why should I buy a condo when I can invest in cryptocurrency?” My gut reaction told me to say ‘volatility’ but instead, I said I would do the research and tell him what I truly thought. Personally, I had not invested in cryptocurrency, despite some of my IT-savvy friends saying that it might be a good idea, as far back as a year ago (bitcoin had barely crossed $1000 per share then). My initial reason was due to bitcoin’s association with criminal activity, early in its development. For those who don’t know, bitcoin first gathered public attention in association with a dark-web market named silk road. Users could exchange illegal goods and services for untraceable bitcoins. Later on, when I realized that bitcoin and other cryptocurrencies had not only been embraced by the general public but were quickly multiplying in value, I felt like I had missed the train. At the time my client was considering his investment strategies, bitcoin was nearing $26,000 per share. Having improved 20 times since I heard about it or over 100 times since its value at launch ($0.30) bitcoin felt like a risky investment at the time... Continued on p.2

Does Canada What can we do Digital Strategy about Canada’s aging own itself? construction workers? in Construction

By Patrick Peori With the passage of the British North America Act in 1867, the Dominion of Canada became its own sovereign and independent entity. The newfound confederation set out to expand their territory and build up their economy through natural resources to be sold to other markets. Today the country is home to some to some 36 million people and, according to a Statistics Canada’s June 2017 report, over one million businesses with employees... Continued on p.6

By Jag Michaels It’s no secret that the construction industry is having difficulty attracting young Canadians. The average age of the construction workforce is reported to be 42 and rising. As construction continues to inch towards the retirement of 21 per cent of its workforce in the next decade, the supply for workers will fall far below the demand. Continued on p.9

By Mery Milic We live in the age of technological improvements, which has not only changed our daily habits but also the way we do business. Because of the massive digital takeover in the world of marketing and business management, each business should have a well-developed digital strategy. With a digital strategy as a part of the overall business strategy, you can optimize your use of digital products in order to cut costs and overcome the competition. Continued on p.6


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