A year of trial and tribulation
Editor Andrew Tjaardstra reflects on a challenging year
As 2009 draws to a close, we can reflect on a year that has challenged everybody. The acquisition frenzy before the change in capital gains tax in April 2008 seems an age away, and now that tax change appears trivial given what we have experienced since September 2008.
Economist Douglas McWilliams argues in the PB Interview (pp.24-27) that a recession can be a good thing, making sure businesses do not become fat or complacent. Unfortunately, some became so bloated that the taxpayer had to
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