As the Synergy Merchant Services Blog has discussed before, the province of Ontario has taken quite a hit over the past several months as Canada battles through the recession. Today, headline news was made when it was revealed that Ontario is projected to have a record deficit of $24.7 billion for 2009 and 2010. As Jonathan Jenkins and Antonella Artuso…

Not long ago, a prominent Toronto-based musician was conducting a seminar on developing small businesses to a youth group at a community centre in his hometown. "Drive and passion are two different things," he said, unveiling a concept that most were hearing for the first time. "Many say that they are passionate to succeed, but often do not have the…

For a little over a month, there has been a lot of news about the Canadian dollar creeping up on its American counterpart to match its worth in value. The strenghtening loonie, it seems, is strangely becoming a threat to Canada's economic recovery. As a result, the Bank of Canada has weakened the loonie's worth by two cents today. Writes…