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Stock impact report

Canada is hiking taxes and regulating business as the neighboring U.S. economy booms [Yahoo! Finance]

Morgan Stanley (MS) 
Last morgan stanley earnings: 4/16 07:15 am Check Earnings Report
US:NYSE Investor Relations: morganstanley.com/about-us-ir
Company Research Source: Yahoo! Finance
When Morgan Stanley's Melbourne-born executive chairman James Gorman said it during an interview a few years ago, his American colleagues didn't understand what it meant. I did. Growing up in Canada, I'd heard the phrase a fair bit. (Women are especially familiar with the concept.) The term came up again this weekend when I went to Niagara-on-the-Lake for the OG100 CEO Summit, which convenes Ontario business leaders, policymakers and experts to discuss trends and strategies for success. Because the conversations were held under the Chatham House rule, I can't quote specific people, but I can convey some of the frustration and data I heard there. There was discussion about Canada's widening productivity gap. In 1984, Canadian workers produced 88% of the GDP per hour produced by U.S. peers; in 2022, it fell to 71%, according to a recent Bank of Canada report . That divide is often blamed on Canadian business leaders. They don't invest enough in R&D and technology, putting their work Show less Read more
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