business Experts

The Algebra of Writing a Book

As I stood there before friends, family, colleagues, and the people who had actually agreed to come celebrate a book I wrote, I found myself thinking about how all of this had become possible. There it was my name on the cover. A real book. Something that had started as a vague idea, survived several versions, considerable self-doubt, and a few grammatical interventions, and somehow made it into the world. People frequently ask me about the process. How did you write a book? Where did the idea come from? How did you actually get it finished? The honest answer is that I didn't really know what I was doing. I just kept going long enough to figure some things out. So, in honour of the launch, I thought I would share the formula. I call it The Algebra of Writing a Book. A quick disclaimer before we begin. This is a personal formula, based on a sample size of one, occasionally supervised by a patient editor and a ten-pound she-dog named Dottie, who treats every writing session as a personal invitation to stop working and pay attention. It has not been peer-reviewed by an actual mathematician, unless being an MBA student now qualifies me to turn every human experience into an equation, whether it wants to cooperate or not. The inspiration came partly from Scott Galloway, whose The Algebra of Happiness and The Algebra of Wealth take complicated subjects and distil them into memorable formulas (Galloway, 2019, 2024). What I admired was not the formula at the end of each chapter. It was the discipline behind it. He takes a messy human subject, studies it long enough to understand the mechanics, and then gives readers something they can actually use. For years, I have spent at least a couple of hours a day reading or listening to people who think more clearly than I do. I don't just want to know what they think. I want to understand how they got there. How did they make that point? Why did that sentence work? What did they leave out? Where did they slow down? A surprising number of the ideas I now think of as my own started somewhere else. I turn them over, pull them apart, mix them with my own experience, and, if I'm lucky, they come back sounding like me. I think of them as my thought babies: borrowed genetics, raised in my household until they develop a personality. Research + Experience + Curiosity = Original Ideas At least, that was the theory. Then life decided to test it. At 65, I lost my job. Financially, I was fine. Thirty years in financial services had taken care of that. Emotionally, however, I discovered I had built a surprisingly large part of my identity on a business card. Take away the title, the office, the meetings, the responsibilities and the people who needed you to make decisions, and suddenly you are left wondering who exactly you are supposed to be on Tuesday morning. Naturally, I responded in the most emotionally healthy way I could think of. I built a business case for my reinvention. There was a timeline. There were measurable deliverables. There may even have been a Gantt chart. Picture it: a newly unemployed woman trying to project-manage her emotional recovery as though grief were a product launch. Phase One: Feel Better. Phase Two: Discover New Purpose. Phase Three: Become Inspiring. It was a spectacular failure. A few weeks later, I was sitting in my car in a grocery store parking lot with the engine off, unwilling to go inside and buy milk like someone who actually had somewhere to be. My beautifully organized recovery plan had collapsed somewhere around Phase One. It turns out grief has very little respect for bullet points. What I needed was permission to be a mess for a while. So I gave myself one small instruction: write something five days a week. Not something good. Not something publishable. Not something anyone besides Dottie and I would ever read. Just something. I did not commit to writing a book. I committed to trying. I gave myself permission to be terrible at it for as long as it took. That turned out to be the important part. Somewhere in all that low-stakes trying, I fell in love with writing. I became fascinated by how a good writer can take an idea you’ve been carrying around vaguely for years and suddenly put exactly the right words around it. You read the sentence and think, yes. That's it. That's exactly what I've been trying to say. Stealing Homework David Brooks once described writers as “beggars who tell other beggars where they found bread.” He used the phrase in a 2023 Persuasion interview with Yascha Mounk, calling it one of his favourite sayings about writing (Mounk, 2023). I loved it because it gave me permission to stop pretending that every good idea had originated in my own head. I started paying attention not only to what good writers said but also to how they built an argument, why certain words carried more weight, and how a simple metaphor could sometimes accomplish what three pages of explanation could not. I carried a notebook everywhere. I wrote down phrases that stopped me. I noticed metaphors the way other people notice good haircuts. Patricia O'Conner's Woe Is I: The Grammarphobe's Guide to Better English in Plain English quietly repaired decades of my grammatical freelancing as I tried to figure out why six words could sometimes explain something better than six paragraphs. Then came Christine. Two years and three complete versions of the manuscript later, I had something that vaguely resembled a book. That was largely thanks to Christine, a PhD, teacher, and four-time published author, who agreed to help a woman whose writing experience began and ended with mortgage disclosure statements. Christine was smart, generous, and wonderfully direct. She was also a regular in my GoodLife Fitness classes, which meant she had already watched me botch choreography in public before she read a word of my writing. I had very little dignity left to protect. Her first editorial assessment was concise: “Sue, your grammar sucks.” Fair enough. Her second question was why I insisted on capitalizing the word Mortgage as though it deserved the same reverence as God or Beyoncé. I still don’t have a good answer. But Christine's most important contribution had nothing to do with grammar. My manuscript was full of financial information and professional jargon. It was smart enough, but it wasn't human enough. Buried inside it was Clara, a character representing the ordinary people I had spent my career trying to help. The truth was that I had trouble accessing the human side of aging, finance and retirement. It was much easier to talk about the process and the products than to be vulnerable about what I had actually gone through. Christine kept pushing me. Tell the human story. Go deeper. Be more vulnerable. Stop hiding behind your expertise. She was right. Slowly, Clara became more real. As Clara became more real, so did I. Somewhere along the way, I stopped being an author trying to protect my professional credibility and became a woman willing to be seen. That changed the book. It also changed me. It helped me heal some of the wounds I hadn't realized I was carrying. And somewhere in the middle of all that editing, Christine and I became better friends. I didn't want to disappoint her, which turned out to be a far better motivator than any deadline. Finishing the manuscript didn’t feel like a triumph. It felt more like handing someone something soft and unfinished, hoping they wouldn’t drop it. As long as the book was unfinished, I had an excellent excuse: “I’m working on a book.” Very impressive. Very aspirational. Very safe. Once it was finished, there was nowhere left to hide. So I hired an agent and let him absorb the rejection on my behalf. He sent the manuscript out. Three responses came back. One publisher said, “Thanks, but no thanks.” Two said yes. Suddenly, a woman with three decades in mortgage lending, a character named Clara, and an unapologetic attachment to writing was going to be an author. Which brings me to the actual algebra. Curiosity + Permission to Fail + Consistent Effort + Time = A Finished Manuscript Notice what is missing. There is no talent requirement. No inspiration variable. No line item for knowing what you're doing before you start. There is simply a small, repeatable behaviour applied without judging the results too harshly. And here is the part I especially want to emphasize: I was 65 when I lost my job, and 70 when my book was published. Five years. Is five years too long to reinvent yourself? I doubt it. We have somehow convinced ourselves that reinvention should happen quickly, preferably between lunch and the afternoon news. But some things take time. Five years gave me time to learn, write badly, rewrite, improve, find my voice, work with Christine, survive rejection, heal old wounds, and eventually become an author. Five years earlier, I would never have put “write a book” on my list of things to do. At 65, I was trying to figure out who I was without the job that had defined so much of my adult life. At 70, I was standing in front of friends and family, holding a published book with my name on it. Here is the link to the the launch party interview if you have 37 minutes (or 24 minutes at 1.5x).  We spend a lot of time planning for retirement as though we are planning a trip. We think about where we will live, how much money we will need, and what we will do with our time. All important questions. But life doesn't always follow the itinerary. Sometimes the thing you think is the ending turns out to be the beginning of the next chapter. My other formula became: Loss + Curiosity + Permission + Action + Time = Reinvention My two background mantras throughout all of this were simple: It is never too late. If not now, when? They sound almost embarrassingly obvious, but obvious does not mean easy. I have watched too many people postpone the things they want to do until some imaginary future when they will have more time, more confidence, more energy, or fewer obligations. There is always a reason to wait. I had plenty of them myself. You cannot get to “one day” without committing to “day one.” For me, day one wasn't about writing a book. It was about writing one thing. Then another. Then another. Five days out of seven. Eventually, those small acts of showing up became a manuscript. The manuscript became a book. And five years after losing my job, at 70, that book became real. And I became a better human. Scott Galloway gave me the idea of looking for the algebra beneath a complicated subject. David Brooks gave me permission to admit that writers borrow, learn from, and build on one another. Christine gave me the courage to stop hiding behind my expertise and to let the human story into the book. Dottie gave me a very reliable reason to stop writing and go for a walk. And a 65-year-old woman who had just lost a huge part of her identity gave herself permission to be bad at something new. Five days out of seven. For long enough. Apparently, that was enough. Today, Your Retirement Reset is out in the world, on bookshelves, in libraries, and with readers across Canada. More than fifty blogs have grown out of the same process, a considerably better showing than that Gantt chart ever managed. If there is something on the back burner that you keep telling yourself you will do someday, don't start with the big plan. Try something small. Give yourself permission to be terrible. Then show up again. Make tomorrow your day one. Because sometimes reinvention doesn't arrive with a grand announcement. Sometimes it quietly wanders in while you're busy doing something else. That is how I wrote a book. And perhaps more importantly, that is how I discovered I wasn't finished becoming whoever comes next. It is never too late. If not now, when? Sue My Book is Available for Order: I hope you will consider ordering a copy of Your Retirement Reset for yourself, a friend, or someone you love. Published by ECW Press, and is already available through Indigo or Amazon and McNally Robinson. If you like supporting Canadian booksellers, check with your local independent bookstore too. Most can order it.

Gas Prices, Inflation and the Economy: What’s Behind the Numbers?

From the price at the pump to the cost of groceries, borrowing and everyday purchases, the economy is once again front and centee in the news and in household budgets. The latest Consumer Price Index shows U.S. inflation running at 3.4% year over year, while gasoline prices have risen sharply. The impact extends well beyond what drivers pay to fill their tanks. Energy costs can ripple through transportation, supply chains, businesses and ultimately the prices consumers see elsewhere. It also raises bigger questions: What is driving the latest inflationary pressure? How significant are rising fuel prices to the broader economy? Why can economic indicators appear relatively strong while consumers remain concerned about their finances? And what should people be watching in the months ahead? Cary Wasden, Ph.D. has served as a Professional in Residence in the Finance and Economics Department at Utah Valley University since 2015, where he brings extensive international business and financial industry experience into the classroom. He is s an expert in investment banking and management of financial institutions. View his profile Cary Wasden, a finance and economics expert at Utah Valley University, can provide context and perspective on the economic forces behind the headlines and help audiences better understand what the latest numbers mean for consumers, businesses and the broader economy. If you’re interested in speaking with Cary Wasden about inflation, gasoline prices, consumer spending or the economy, click on his profile below to arrange an interview today.

When Brand Activism Meets the Bottom Line

Should companies speak out on political issues? When does taking a stand become a business risk? University of Rochester political scientist and professor of business administration David Primo studies the tension between corporate strategy, free expression, and consumer backlash. His insights have become indispensable for journalists covering the CEOs, sports owners, and brands that increasingly find themselves at the center of public controversies. Primo was recently quoted in The Boston Globe about the fallout from New England Patriots owner Robert Kraft’s intervention in Ed Sheeran’s stadium tour after rapper Macklemore was dropped as an opening act. While Kraft had the legal right to regulate speech on private property, Primo argued, the larger business question is whether companies benefit from policing the political views of performers, employees, or partners. “You’re not going to be a successful arena owner if you start checking people’s politics before you book them,” Primo told The Globe. His expertise extends beyond concerts and stadiums. Primo researches corporate political activity, regulation, governance, and the strategic decisions organizations make when navigating contentious public issues. He has been a source in news stories about boycotts involving big brands like Harley-Davidson and Target.  Primo can discuss: • Brand activism and corporate political speech • When companies should — or shouldn’t — take public positions • Consumer backlash and reputational risk • CEO activism and its business consequences • Corporate governance and political decision-making • The intersection of free expression and private businesses As debates over corporate values, sponsorships, employee activism, and executive leadership continue to shape headlines, Primo offers evidence-based insight into how businesses weigh the costs — and potential benefits — of entering the political arena. Connect with him by clicking on his profile.

White House Pushes Back on Calls for Broader AI Safety Guardrails

As calls grow from technology leaders, researchers and lawmakers for stronger artificial intelligence safety rules, the White House is signaling a different priority: keeping the United States at the forefront of AI innovation. The administration has pushed back on proposals that could slow development or create sweeping federal approval requirements for new models, arguing that excessive regulation could weaken America’s competitive position—especially against China. That does not mean the administration is ignoring AI-related risks. Its approach emphasizes national security, cybersecurity and enforcement against criminal misuse of AI. Recent White House action has encouraged voluntary collaboration between government and AI developers to assess the cyber capabilities of advanced models, protect critical infrastructure and strengthen defenses against malicious actors. But the framework specifically avoids mandatory licensing or government preclearance before companies develop or release new AI systems. The debate raises important questions for business leaders, policymakers and the public: How can innovation move quickly without sacrificing security, privacy and public trust? And where should responsibility rest—within individual companies, through voluntary government-industry partnerships or through enforceable federal safeguards? 

MEDIA RELEASE: 2026 CAA EV Circuit: EVs go the distance, but charging, efficiency and costs vary

The question for Canadians considering an EV may no longer be how far it can go, but how efficiently it uses energy, how quickly it charges and how much it costs to recharge. Results from the 2026 CAA EV Circuit found significant differences across vehicles in all three areas. “Range anxiety has long dominated the conversation about electric vehicles, but these results suggest the discussion can shift to more personalized considerations for drivers,” says Kaitlynn Furse, director, corporate communications, CAA Manitoba. “For many of today’s EVs, the question is becoming less about whether you can complete a trip and more about how efficiently you can make it, where you will charge, how long charging will take, and what it will cost.” All 22 electric vehicles participating in the CAA EV Circuit completed the same 230-kilometre route without needing to charge, including the vehicle with the shortest advertised range. A 15-minute charging test was completed at the end to capture further data. The route started in Blue Mountain, ON and ended in Vaughan, ON. On average, the vehicles used only 40 per cent of their battery charge over the route. EVs demonstrate a significant energy-efficiency advantage over traditional gasoline-powered vehicles The electric vehicles in the Circuit used the energy equivalent of approximately two litres of gasoline per 100 kilometres. By comparison, the average Canadian passenger vehicle consumes roughly eight to 10 litres of gasoline per 100 kilometres. Energy consumption among the participating EVs ranged from 11.43 kilowatt-hours per 100 kilometres to 28.91 kilowatt-hours per 100 kilometres, illustrating the variation among vehicle sizes, weights and designs. A more efficient EV generally requires less electricity to travel the same distance, which can contribute to lower charging costs and less time spent charging. A notable finding was that the vehicles in the September 2026 CAA EV Circuit consumed approximately 40 per cent less energy, on average, than the vehicles evaluated during the February 2025 CAA EV Winter Test. While the tests were conducted under different conditions and with different vehicles, the difference highlights the significant impact that temperature can have on EV efficiency. A short charging stop can meaningfully extend a trip When it comes to charging experience, during the standardized 15-minute charging session, participating vehicles added an average of 110 kilometres of displayed range. Almost two-thirds of the vehicles added at least 100 kilometres, demonstrating that a brief charging stop can provide a meaningful boost during a longer journey. Results differed significantly among vehicles. The displayed driving range added during the 15-minute session varied from 58 kilometres to 178 kilometres. Charging performance can be affected by the vehicle, charger, battery temperature, battery state of charge and conditions at the time of charging. These results also highlight the effect of Canadian climate variations. Vehicles tested in the September 2026 CAA EV Circuit added approximately 15 per cent more displayed range during the charging session than the group evaluated during CAA’s 2025 EV Winter Test. “For Canadians planning longer drives, knowing a vehicle’s total range is only part of the equation,” continues Furse. “Drivers should also understand how their vehicle charges and recognize that the number of kilometres added during a stop can change depending on the vehicle and the charging conditions.” Public fast-charging costs are not the same for every EV The Circuit found that the average cost of a 15-minute charging session at the public fast chargers used in the test was $13.45, but individual vehicle results ranged from $7.28 to $24.39. All vehicles were charged at Tesla charging stations to ensure a consistent charging experience, so it is important to note that Teslas receive preferred pricing at Tesla charging stations. The test was designed to reflect a higher-cost road-trip charging scenario, using premium public fast chargers operating at full capacity. It does not represent the typical cost of powering an EV. CAA’s National EV Driver Survey found that public fast charging accounts for only eight to 18 per cent of charging, meaning most EV drivers generally charge under lower-cost circumstances like at home or work. “Just as Canadians compare fuel economy when buying a gasoline-powered vehicle, they should compare energy efficiency and charging performance when considering an EV,” says Furse. “Where and how often someone expects to charge can make a substantial difference to their experience and road-trip costs.” Complete vehicle findings and additional information about the 2026 CAA EV Circuit are available at 2026 CAA EV Circuit: Complete Vehicle Findings -30- About the CAA EV Circuit The CAA EV Circuit was conducted on September 16, 2026, with 22 electric vehicles travelling the same 230-kilometre route from Blue Mountain to Vaughan, Ontario, across city streets, rural roads and highways. Using a neutral data-driven methodology, all vehicles followed the same route, operated under consistent settings and participated in a standardized charging session. Performance data was collected throughout the drive and validated by CAA’s business intelligence and automotive experts. Data Snapshot Most kilometres gained in a 15-minute charging session Lucid Gravity, 178 km Hyundai IONIQ 5, 136 km Mercedes-Benz CLA 350 4MATIC Electric, 135 km Cadillac LYRIQ, 131 km Nissan LEAF, 126 km Least kilometres gained in a 15-minute charging session Lucid Air, 58 km Chevrolet Equinox EV, 71 km Chevrolet Silverado EV, 80 km GMC HUMMER EV SUV, 90 km Tesla Model Y, 97 km Lowest cost per 100 kms of charge added Tesla Model 3, $7.28 Tesla Model Y, $8.23 Nissan LEAF, $10.13 Kia EV4, $10.25 Hyundai IONIQ 5, $10.68 Highest cost per 100 kms of charge added GMC HUMMER EV SUV, $24.39 Chevrolet Silverado EV, $19.05 Rivian R1T, $17.85 Tesla Cybertruck, $15.61 Volkswagen ID. Buzz, $15.48 Lowest energy consumption (kWh/100 km) Toyota bZ 11.43 kWh Tesla Model Y 11.81 kWh Tesla Model 3 11.85 kWh Kia EV4 11.89 kWh Nissan LEAF 12.48 kWh Highest energy consumption (kWh/100 km) Lucid Gravity 28.91 kWh GMC HUMMER EV SUV 23.55 kWh Tesla Cybertruck 23.41 kWh Rivian R1T 19.96 kWh Cadillac LYRIQ 19.1 kWh

MEDIA RELEASE: 2026 CAA EV Circuit: EVs go the distance, but charging, efficiency and costs vary

The question for Canadians considering an EV may no longer be how far it can go, but how efficiently it uses energy, how quickly it charges and how much it costs to recharge. Results from the 2026 CAA EV Circuit found significant differences across vehicles in all three areas. “Range anxiety has long dominated the conversation about electric vehicles, but these results suggest the discussion can shift to more personalized considerations for drivers,” says Kaitlynn Furse, director, corporate communications, CAA South Central Ontario. “For many of today’s EVs, the question is becoming less about whether you can complete a trip and more about how efficiently you can make it, where you will charge, how long charging will take, and what it will cost.” All 22 electric vehicles participating in the CAA EV Circuit completed the same 230-kilometre route without needing to charge, including the vehicle with the shortest advertised range. A 15-minute charging test was completed at the end to capture further data. The route started in Blue Mountain, ON and ended in Vaughan, ON. On average, the vehicles used only 40 per cent of their battery charge over the route. EVs demonstrate a significant energy-efficiency advantage over traditional gasoline-powered vehicles The electric vehicles in the Circuit used the energy equivalent of approximately two litres of gasoline per 100 kilometres. By comparison, the average Canadian passenger vehicle consumes roughly eight to 10 litres of gasoline per 100 kilometres. Energy consumption among the participating EVs ranged from 11.43 kilowatt-hours per 100 kilometres to 28.91 kilowatt-hours per 100 kilometres, illustrating the variation among vehicle sizes, weights and designs. A more efficient EV generally requires less electricity to travel the same distance, which can contribute to lower charging costs and less time spent charging. A notable finding was that the vehicles in the September 2026 CAA EV Circuit consumed approximately 40 per cent less energy, on average, than the vehicles evaluated during the February 2025 CAA EV Winter Test. While the tests were conducted under different conditions and with different vehicles, the difference highlights the significant impact that temperature can have on EV efficiency. A short charging stop can meaningfully extend a trip When it comes to charging experience, during the standardized 15-minute charging session, participating vehicles added an average of 110 kilometres of displayed range. Almost two-thirds of the vehicles added at least 100 kilometres, demonstrating that a brief charging stop can provide a meaningful boost during a longer journey. Results differed significantly among vehicles. The displayed driving range added during the 15-minute session varied from 58 kilometres to 178 kilometres. Charging performance can be affected by the vehicle, charger, battery temperature, battery state of charge and conditions at the time of charging. These results also highlight the effect of Canadian climate variations. Vehicles tested in the September 2026 CAA EV Circuit added approximately 15 per cent more displayed range during the charging session than the group evaluated during CAA’s 2025 EV Winter Test. “For Canadians planning longer drives, knowing a vehicle’s total range is only part of the equation,” continues Furse. “Drivers should also understand how their vehicle charges and recognize that the number of kilometres added during a stop can change depending on the vehicle and the charging conditions.” Public fast-charging costs are not the same for every EV The Circuit found that the average cost of a 15-minute charging session at the public fast chargers used in the test was $13.45, but individual vehicle results ranged from $7.28 to $24.39. All vehicles were charged at Tesla charging stations to ensure a consistent charging experience, so it is important to note that Teslas receive preferred pricing at Tesla charging stations. The test was designed to reflect a higher-cost road-trip charging scenario, using premium public fast chargers operating at full capacity. It does not represent the typical cost of powering an EV. CAA’s National EV Driver Survey found that public fast charging accounts for only eight to 18 per cent of charging, meaning most EV drivers generally charge under lower-cost circumstances like at home or work. “Just as Canadians compare fuel economy when buying a gasoline-powered vehicle, they should compare energy efficiency and charging performance when considering an EV,” says Furse. “Where and how often someone expects to charge can make a substantial difference to their experience and road-trip costs.” Complete vehicle findings and additional information about the 2026 CAA EV Circuit are available at 2026 CAA EV Circuit: Complete Vehicle Findings -30- About the CAA EV Circuit The CAA EV Circuit was conducted on September 16, 2026, with 22 electric vehicles travelling the same 230-kilometre route from Blue Mountain to Vaughan, Ontario, across city streets, rural roads and highways. Using a neutral data-driven methodology, all vehicles followed the same route, operated under consistent settings and participated in a standardized charging session. Performance data was collected throughout the drive and validated by CAA’s business intelligence and automotive experts. Data Snapshot Most kilometres gained in a 15-minute charging session Lucid Gravity, 178 km Hyundai IONIQ 5, 136 km Mercedes-Benz CLA 350 4MATIC Electric, 135 km Cadillac LYRIQ, 131 km Nissan LEAF, 126 km Least kilometres gained in a 15-minute charging session Lucid Air, 58 km Chevrolet Equinox EV, 71 km Chevrolet Silverado EV, 80 km GMC HUMMER EV SUV, 90 km Tesla Model Y, 97 km Lowest cost per 100 kms of charge added Tesla Model 3, $7.28 Tesla Model Y, $8.23 Nissan LEAF, $10.13 Kia EV4, $10.25 Hyundai IONIQ 5, $10.68 Highest cost per 100 kms of charge added GMC HUMMER EV SUV, $24.39 Chevrolet Silverado EV, $19.05 Rivian R1T, $17.85 Tesla Cybertruck, $15.61 Volkswagen ID. Buzz, $15.48 Lowest energy consumption (kWh/100 km) Toyota bZ 11.43 kWh Tesla Model Y 11.81 kWh Tesla Model 3 11.85 kWh Kia EV4 11.89 kWh Nissan LEAF 12.48 kWh Highest energy consumption (kWh/100 km) Lucid Gravity 28.91 kWh GMC HUMMER EV SUV 23.55 kWh Tesla Cybertruck 23.41 kWh Rivian R1T 19.96 kWh Cadillac LYRIQ 19.1 kWh

From the Pump to the Bond Market: Why Rising Oil Prices Matter for Borrowing Costs

From the Pump to the Bond Market: Why Rising Oil Prices Matter for Borrowing Costs Rising oil prices are often felt first at the gas pump, but their effects can quickly extend to the broader economy. As higher costs for gasoline, diesel and jet fuel work their way through transportation, manufacturing and food production, investors are increasingly concerned that inflation could remain elevated longer than expected. That concern is helping push Treasury yields higher. When investors expect inflation to erode the future value of fixed-income returns, they typically demand higher yields on government bonds. The result can be a ripple effect across the economy: mortgage rates, auto loans, credit-card rates and business borrowing costs may all remain high or move higher. This is an important second stage of the oil-price story. The first concern is the direct impact on consumers and businesses as energy costs rise. The next concern is whether those higher costs become embedded in the economy, causing inflation expectations to increase and making it more difficult for the Federal Reserve to ease interest rates. For policymakers, the dilemma is clear. Raising or maintaining higher interest rates can help slow inflation, but it also makes borrowing more expensive for families, businesses and the federal government. If high energy prices persist, the Federal Reserve may face added pressure to prioritize inflation control even as consumers and employers feel the effects of tighter financial conditions. The issue is also global. Oil markets respond quickly to geopolitical instability and supply disruptions, while Treasury yields influence borrowing and investment decisions far beyond the United States. Together, high energy prices and rising yields can become a powerful test of economic resilience—affecting household budgets today and financial decisions for months to come. 

More Than a Long Weekend: Why Labor Day Still Matters in America

For millions of Americans, Labor Day means the unofficial end of summer , a final long weekend before schools are back in full swing and the fall routine takes over. But behind the barbecues, travel and end-of-summer sales is a holiday rooted in the history of American workers and the transformation of the workplace. Observed on the first Monday in September, Labor Day recognizes the social and economic achievements of American workers. Its origins date to the labor movement of the late 19th century, with the first Labor Day celebration held in New York City on September 5, 1882. In 1894, it became a federal holiday. More than 130 years later, Labor Day remains an opportunity to look at the role work plays in American life, particularly at a time when the workplace itself is undergoing enormous change. Artificial intelligence and automation are reshaping jobs and industries. Remote and hybrid work have changed where and how millions of people work. Employers continue to navigate workforce shortages, recruitment and retention, while workers are reconsidering expectations around compensation, flexibility, benefits and work-life balance. Labor Day can also open the door to broader conversations about the American labor movement, organized labor, workplace protections, wages and the economic contribution of workers. For journalists, that makes the holiday much more than a date on the calendar. It's a timely opportunity to explore both how work in America has changed and where it is heading next. Experts across economics, business, labor relations, history, human resources, public policy and emerging technology can provide valuable perspective on Labor Day and the changing American workplace. Journalists covering Labor Day and looking for expert perspective on the history of the holiday, labor and employment, workplace trends, organized labor, artificial intelligence and the future of work can connect with experts directly through ExpertFile profiles below:

Elevated Interest Rates in the United States

Interest rates in the United States remain elevated, with the Federal Reserve holding its benchmark rate near its highest level in more than two decades as of late summer 2026. The Fed’s stance reflects its effort to fully tame inflation, which has cooled significantly from its 2022 peak but still shows pockets of persistence in areas like housing and services. Higher borrowing costs continue to ripple through the economy: mortgages remain expensive, business loans are harder to justify, and consumers face steeper rates on credit cards and auto financing. The broader economy is feeling the strain. Growth has slowed as companies delay expansion, hiring becomes more cautious, and households pull back on discretionary spending. At the same time, elevated rates have strengthened the dollar and helped stabilize inflation expectations, giving policymakers confidence that price pressures are gradually easing. The result is a mixed landscape — one where the labor market is steady but no longer surging, investment is cooling, and many sectors are waiting for clearer signals about when rate cuts might begin. 

Parenting Your Parents: When Did I Become the Adult?

My mother used to take her cordless phone with her when she went out for lunch. One day I finally asked why. “Well, I might need to make a phone call,” she explained. I said it was a cordless phone, not a cell phone, and that it only worked in her house. She looked at me with a completely blank expression. I tried again. She listened politely, though I’m still not entirely convinced she believed me. Her smile never reached her eyes. Then there were the calls for technical support. Mom would phone because she couldn’t get the television to work, and I would patiently walk her through using the remote. Press the button at the top. Nothing. The red button. I don’t have a red button. Twenty minutes later, it finally occurred to me to ask what she was holding. Her cell phone. We laughed about these things, and they were funny. They still are. But something else was happening that neither of us wanted to acknowledge. Slowly, I was becoming the person who worried about my mother, checked on things, and occasionally told her what she should or shouldn’t do. In other words, I was parenting my parent, though I’m quite sure she would have objected to that job description. This stage of life brings plenty of drama and absolutely no instructions. No pre-retirement class, no baby shower, and, disappointingly, no one arrives with useful equipment. You just wake up one day and realize you are telling the woman who once taught you to cross the street that she might not be safe driving at night. The Driving Dilemma Few conversations test family diplomacy quite like asking a parent whether they should still be driving, and I sometimes wish my MBA program offered a course on it. They will tell you they are excellent drivers. The garbage cans, curbs, garage door and passenger-side mirror may tell a slightly different story. Driving means independence: spontaneous trips to the grocery store, visits with friends, appointments, and the simple freedom to go somewhere without asking anyone. I learned that there is a difference between what makes me nervous or impatient and what is actually unsafe. Getting lost in a familiar neighbourhood, repeatedly hitting things, missing signals, or becoming confused behind the wheel are very different. Canadian Automobile Association (CAA) offers a useful senior driving resource and assessment toolkit that can help older drivers and their families assess driving ability, changing skills, and ways to adapt. I like the idea of introducing objective information into the discussion. It may go over better than announcing that the children have held a meeting and voted Mom or Dad off the highway. Technology: Funny Until It Wasn’t Technology gave my mother and I some of our funniest moments. The cordless phone going to lunch and the cell phone masquerading as the television remote were classics. Often, my first instinct was to grab the device causing the problem and fix it myself. That solved the problem quickly, but it didn’t help her the next time. Writing down a few steps, simplifying them, and repeating them, sometimes many times, worked better. A checklist taped beside the television could save both of us a lot of grief. Confusion about phones, email, texting and social media could leave her vulnerable to fraud, too. Today’s scams are sophisticated enough that none of us should be too smug about spotting them. I tried to establish a simple habit with Mom: if something looks strange, urgent, frightening or too good to be true, stop and check with someone before clicking, paying or sharing information. I wanted Mom to enjoy technology and stay connected, not be afraid of it. The trick was adding a few guardrails without wrapping the entire Internet in yellow caution tape. The Great Grocery Store Standoff I am a bit of a health nut, which made counselling my mother about nutrition particularly ironic, since I come by it honestly. Mom was the original health-food nut. We called her the wheat-germ fanatic. Wheat germ came onto the scene in the 70s, and as far as Mom was concerned, there was no food that couldn’t be improved with a generous helping. There were four of us kids, and we tolerated a lot in the name of good health, but we finally drew the line when the spaghetti sauce became so chewy from wheat germ that we couldn’t eat it. Then there was powdered milk. We didn’t always have a blender, so it didn’t mix particularly well. We called it clumpy milk. Fast-forward a few decades, and there I was, the daughter of the wheat germ fanatic, lecturing my mother on fruits, vegetables, protein and regular meals. She had her own standards too. Anyone caught buttering bread in her kitchen got a quick lesson in technique, right to the crust, she would say, watching closely until you got every corner. Mom understood healthy eating just fine. What had changed was her ability to manage it, and keeping food safe had become harder. Her freezer became so full that she eventually secured the door with bungee cords. Bungee cords have many legitimate uses, but appliance repair isn’t one of them. The door sometimes didn’t close properly, and food would spoil. Mom periodically complained about what she called her “morning flu,” and I began to wonder whether it had less to do with a virus and more to do with whatever archaeological specimen she had defrosted for dinner. The comedy had a serious side too. Health Canada’s food-safety guidance for adults 60 and over explains that older adults may be more vulnerable to serious complications from foodborne illness and offers practical advice on storage, leftovers and safer food choices (Health Canada, 2025). It also notes that you can’t always tell whether food is safe by its look, smell or taste. Mom’s standard was somewhat simpler: “It looks fine.” She also loved giving food away. I would leave her house carrying freezer-burned shrimp, a grey object that may once have been beef, and mystery packages from an unknown decade. Eventually, I told my brothers to stop arguing and accept everything Mom offered. Smile, say thank you, and take it home. What happened between her front door and our dinner plates was our business. I didn’t have to win every argument. Sometimes a workaround did more than another lecture and helped Mom keep some control over her own life. Then There Was Dad My dad presented a different set of challenges. He had a stroke at 66 that left him with no mobility on his left side and very limited speech. His understanding was fine, but getting words out was difficult. However, there were two words he could say particularly well: “beer” and “Susie.” I’m not sure what it says about me that I made the shortlist, but I’ve always taken it as a compliment. Communication could be frustrating for both of us because Dad knew exactly what he wanted to say, even when he couldn’t express it. He liked wearing the same clothes repeatedly, sometimes long after the stains on the front suggested it was time to change. Telling your father that he needs a clean shirt or a bath requires a particular kind of diplomacy that even graduate school does not teach. Helping the man who once looked after you with something as personal as bathing is strange and tender in equal measure. You want to protect his dignity, but you also can’t pretend hygiene doesn’t matter. I found it worked better when I didn’t turn it into a debate. I could make it part of the day, help where he needed it, and move on. It wasn’t always graceful. Sometimes he was annoyed. Sometimes I was. We figured it out, and his toenails were trimmed. Dad also developed a dessert philosophy I have never been able to disprove. He insisted on eating dessert first. When I suggested he might want to eat his dinner before dessert, his reasoning was simple: “Well, I can’t be sure I’ll make it to dessert, so I’m going to eat it first.” Fair enough, Dad. Have the pie. When the Funny Stuff Stops Being Funny This is the uncomfortable part of parenting your parents. One forgotten lunch may mean nothing. Regularly forgetting to eat is different. One confused encounter with a television remote is hilarious. Increasing confusion across several areas of daily life deserves attention. I found it more useful to look for patterns than to panic over every incident. With Mom, we tried using checklists on the fridge and Meals on Wheels. Then I would arrive to find six or seven meals sitting uneaten in the refrigerator, starting to spoil. Getting help didn’t mean I could stop paying attention. We had solved one problem, but not necessarily the whole problem. It helps to know you are not the only family trying to figure this out. It is easy to assume that if Mom or Dad won’t listen to our brilliant advice, we must be doing something wrong. Our parents are still adults. They don’t suddenly become compliant just because they reach a certain age. I had to learn when to push, when to seek help, when to quietly remove the questionable shrimp, and, perhaps hardest of all, when to keep my mouth shut. I Would Take It All Back Both of my parents are gone now, and time has reshaped how I remember those years. There were days when I was exasperated and frustrated, sometimes to tears. I worried. We argued. I wondered why they wouldn’t listen and whether I was helping or simply making everyone miserable. Watching the people you love lose pieces of their independence is hard, and trying to help without taking over can be even harder. Now I would give almost anything to have some of those moments back. I’d happily explain the television remote again. I’d take another package of freezer-burned shrimp without complaint. I’d negotiate another bath with Dad, let him wear the questionable shirt for one more day, and watch him eat his dessert first. If you are in the middle of parenting your own parents, I don’t have a perfect formula for you. Pay attention when something feels different, protect their safety without forgetting their dignity, and pick the battles that really matter enough to let the rest go. And laugh with them whenever you can, because some of this really is funny, even when it is also difficult and sad. At the time, I often thought I was dealing with problems that needed fixing. Looking back, I can see something else, too. Those frustrating, ridiculous, worrying little moments were also time spent with my mom and dad. I didn’t know how much I would miss them until there were no more remotes to explain, desserts to debate, or mystery packages to remove from the freezer. I’d take the whole messy job back in a heartbeat. Even the clumpy milk. Warmly,  Sue This is Part 1. I have a Part 2 that covers what nobody wants to talk about at dinner: who gets power of attorney, how you divide the work with siblings without a family blow-up, whether Mom or Dad should stay in their own home, and what all of this does to the person doing the parenting. I promise there is less shrimp in that one. My Book is Available for Pre-Order I hope you will consider pre-ordering a copy of Your Retirement Reset for you, a friend or loved one. It's available September 29, 2026 published by ECW Press - You can now order at Indigo or Amazon. And if you love supporting Canadian booksellers, please also check with your local independent bookstore. Most can easily order it for you.