Description: Maureen Jensen, executive director of Ontario Security Commission (OSC) , discusses new provisions to increase female representation on corporate boards. Presently, corporate boards across Canada include only 14% females. The OSC is bringing in measures to increase gender diversity. Source: CBC Date: July 30 2013 Video Link: http://www.cbc.ca/player/News/Business/ID/2398849816/?page=2 Questions for Discussion: What are some of… Read more »
Posts By: tonym
Small businesses upset with credit card ruling
Description: Canada’s competition tribunal rules that the fess which Visa and MasterCard charge retailers will remain and retailers do not have a choice to pick which cards they take. Source: CBC Date: July 23 2013 Video Link: http://www.cbc.ca/player/News/Business/ID/2397869057/?page=2 Questions for Discussion: Should Visa and MasterCard be allowed to charge fees from retailers? Should retailers have… Read more »
Major telecom companies unhappy with policies
Description: Bell, Rogers and Telus join forces to complain that foreign companies entering Canada have an unfair advantage. They’re lobbying the government to change telecom policies so that they have a level playing field. Source: CBC Date: July 25 2013 Video Link: http://www.cbc.ca/player/News/Business/ID/2398259754/ Questions for Discussion: Do you agree with the complaints by the large… Read more »
Loblaw to acquire Shoppers Drug Mart
Description: Loblaw, Canada’s largest grocery chain is all set to acquire Canada’s largest pharmacy chain, Shoppers Drug Mart for $11.9 billion. This is the second major deal in this sector in recent months: lately, Sobeys acquired Safeway for $5.8 billion. Source: Dealbook Date: July 15 2013 Link: http://dealbook.nytimes.com/2013/07/15/loblaw-to-buy-shoppers-drug-mart-in-canada/ Questions for Discussion: What are some of… Read more »
Detroit files for bankruptcy
Description: Detroit, once famous for housing one of the largest industrial clusters in the world, became the biggest U.S. city to file for bankruptcy. The filing could mean that municipal employees will be laid off, assets will be sold off and basic services will be scaled back. Source: Financial Post Date: July 18 2013 Link:… Read more »
Employee turnover likely at Blackberry
Description: With the phasing out of retention bonuses and poor quarter results, several Blackberry executives are likely to leave. Last year Blackberry axed nearly 5000 employees; with low sales of its new Z10 phone, the company is expected to terminate more jobs. Source: Bloomberg Date: July 12 2013 Link: http://www.bloomberg.com/news/2013-07-12/blackberry-said-to-prepare-for-departures-as-goals-set.html Questions for Discussion: Will it… Read more »
Shakeup at Microsoft
Description: Microsoft is restructuring its organization in the wake of increased competition from Google and Apple. Analyst Frank Gillett of Forrester Research points out that not too long back, 95% of end user technology devices were from Microsoft, today that number is only 30%. Source: The National Date: July 11 2013 Video Link: http://www.cbc.ca/player/News/Business/ID/2396418626/ Questions… Read more »
China Imports Large Amounts of Gold
Description: Despite the consistent slide in the price of gold, China’s gold imports have increased substantially. At its present rate, by the end of this year, China will hold 35% of world’s total supply of gold. Source: Financial Post Date: July 5 2013 Link: http://business.financialpost.com/2013/07/05/chinas-gold-imports-remain-massive/ Questions for Discussion: In your view why is China importing… Read more »
Canadian Dollar Losing Ground
Description: Loonie has fallen to its lowest level in the last two years against the U.S. dollar. Economists predict that the loonie is likely to fall even further. Source: The National Date: July 4 2013 Video Link: http://www.cbc.ca/player/News/Business/ID/2395784893/ Questions for Discussion: How does the sliding loonie impact the Canadian economy? How will this slide impact… Read more »
Amazon Canada Taps Toy Market
Description: Amazon Canada, which entered Canada in 2002, is set to enter the toy market in a big way. It plans to offer the ‘largest section of toys’ in the country: this will include more than 300,000 toys for kids. Source: Financial Post Date: June 27 2013 Link: http://business.financialpost.com/2013/06/27/amazon-canada-taps-toy-market-with-largest-section-of-toys-in-country/ Questions for Discussion: Do you foresee… Read more »
