All businesses require capital, management and labor, and business executives, wanting to grow and maintain profitable enterprises, have a strong incentive to keep costs, including labor, as low as possible.

I'm not planning on giving my kids any of my wealth. They know when their education is over, I'm pushing them out of the nest. The bird you see dead under the nest is the one who didn't think about the future.

Building fast-growing, globally competitive companies is tough.

I see negotiations as an honest attempt to reach a deal that's great for everyone at the table. But sometimes, for whatever reason, that's impossible. You need to accept that possibility-don't make a deal for the sake of making a deal. If you do, chances are it will fall apart later anyway, with costs and headaches for everyone involved. And once you walk away, don't come back.

I do not own a single security anywhere that doesn't pay a dividend, and I formed a mutual-fund company with that very simple philosophy.

What are the most important qualities that make a successful entrepreneur? The ability to communicate. The ability to express your idea with certainty. That's how you become a leader-even if you are unsure, your ability to explain your vision and your direction is the attribute you need the most. ... Articulate your idea in 90 seconds or less.

Trudeau motivated people between the ages of 18 to 35 to vote, and 82 per cent of them voted for him. That changed Canadian politics forever. If they stay motivated, and believe me, they are, no party can ever get a majority mandate again without winning at least 60 per cent of those voters. There hasn't been a Conservative candidate in 15 years that ever got on a campus anywhere here in any Canadian university and wasn't thrown stones at.