Description: The president of Bell Media urges Canadian Broadcasters to get rid of U.S. networks such as CBS, NBC and FOX from Canadian Airwaves. This comes in light of Bell Media’s over-the-air-network CTV loosing $40 million last year. Source: The Globe and Mail Date: March 06, 2015 Text Link: http://www.theglobeandmail.com/report-on-business/take-us-networks-off-canadian-airwaves-bell-media-urges/article23343364/ Questions for Discussion: Discuss the… Read more »
Posts Categorized: Global Management
Canada’s largest engineering and construction firm facing corruption charges
Description: Canada’s largest engineering and construction firm, Montreal based SNC-Lavalin, is accused of paying $47.9 million in bribes to Libyan officials. Source: CBC Date: February 19, 2015 Link: http://www.cbc.ca/player/News/Business/ID/2654817566/ Questions for Discussion: Explain SNC-Lavalin’s corrupt practices? How did these practices benefit SNC-Lavalin? Is bribery common in international business? How should the government reprimand SNC-Lavalin?
Bombardier in stormy skies
Description: The Montreal-based transportation giant, Bombardier Inc., is facing one of the biggest challenges in its 73-year history. Under severe attack by global competitors, Bombardier is facing a cash crunch. Source: Business News Network Date: February 07, 2015 Video Link:http://www.bnn.ca/News/2015/2/7/Stormy-skies-Bombardier-flies-a-risky-flight-path.aspx Questions for Discussion: What are some of reasons for the cash crunch faced by Bombardier?… Read more »
Bank of Canada cuts rate by a quarter point
Description: In a decision that came as a shock to most economists, the Bank of Canada cut its rate on overnight loans by a quarter point to 0.75%. Canada was the first among the Group Seven countries to cut its interest rate. Source: CBC Date: January 21, 2015 Video Link: http://www.cbc.ca/player/News/Business/ID/2649342059/ Questions for Discussion: Discuss… Read more »
Electric Car Dilemma for Big Auto Makers
Description: With the plunging oil prices, the new electric and hybrid vehicles may soon see a drop in demand. The electric car hype has been there for nearly a decade and still no one is sure how this market will evolve. Making matters more complex is the low price of oil, which many analysts say… Read more »
Apple to increase the prices of their apps
Description: The falling Canadian dollar is forcing Apple to increase the prices of their apps for Canadian customers. Source: BNN Date: January 08, 2015 Video and Text Link: http://www.bnn.ca/News/2015/1/8/Canadians-say-goodbye-to-Apples-99-cent-apps.aspx Questions for Discussion: Do you agree with Apple’s decision to increase the prices of their apps? Given that falling Canadian dollar reduces revenues for U.S. based companies,… Read more »
After Scotiabank, RBC too will lay off employees
Description: Following in the footsteps of Scotiabank, Royal Bank of Canada announced that its shutting down its international client-wealth-management business in the Caribbean along with some businesses in Canada and the United States. This will likely impact 300 employees. Source: Financial Post Date: November 21, 2014 Video and Text Link: http://business.financialpost.com/2014/11/20/rbc-restructuring/ Questions for Discussion: What are… Read more »
Alibaba – a channel for Canadian companies targeting China
Description: China-based e-commerce giant, Alibaba, is the biggest hub for online shopping worldwide. It offers an attractive opportunity for Canadian companies to sell their products to the large Chinese market. One Nova Scotia company announced that it sold more than 90,000 lobsters through the Alibaba shopping website in one day. Source: CBC Date: November 15,… Read more »
Canada signs a range of commercial deals with China worth $2.5 billion
Description: Canada signed off on a range of trade and currency deals with China that are worth around $2.5 billion. One of its biggest deals include an agreement for Bombardier to sell more than $1 billion in aircraft to China Express Airlines. Source: CTV Date: November 08, 2014 Video Link: http://www.ctvnews.ca/business/canada-china-ink-commercial-deals-worth-up-to-2-5b-1.2093054 Questions for Discussion: Which… Read more »
Scotiabank to cut 1,500 jobs and close 120 branches worldwide
Description: Scotiabank CEO, Brian Porter, announced several important changes to its operations. These changes include cutting 1,500 jobs (two-thirds of these in Canada) and closing 120 branches in foreign markets. Source: Business News Network Date: November 04, 2014 Video Link: http://www.bnn.ca/News/2014/11/4/Scotiabank-to-cut-1500-jobs-close-about-120-branches-amid-writedown-.aspx Questions for Discussion: Analyze the reasons that led Brian Porter to make these changes…. Read more »