Growth in Canadian Manufacturing

Posted by & filed under Environment, Global Management, Management.

Over the past ten years, Canadian manufacturers have been able to boost employment, increase production and subsequently grow exports. This growth has been possible because manufacturers built more specialized and value added products and also because the Canadian and international markets experienced high growth. Small firms have been more successful than their larger counterparts; a… Read more »

From India with Money

Posted by & filed under Change, Communication, Entrepreneurship, Global Management, Individual Behavior, Management, Strategy.

Average household income of Canadian immigrants from India is $95,000 which is 14% more than average income of Canadians. The expenditure for Indians who have immigrated to Canada since 2006 have increased by 46%, compared to an average of 19% increase in the expenditure of Canadians. An average of 56% immigrants from India own new… Read more »

Canada falls out of top 10 most competitive economies

Posted by & filed under Global Management.

According to the World Economic Forum, this year Canada slipped to 12th position in Global competitiveness. As the Canadian economy slowed down, it lost its position among the top 10 global competitors to emerging economies from Asia. While emerging economies showed robust growth, the developed economies were mired with slow recovery and high unemployment. While… Read more »

Global Management

Posted by & filed under Global Management.

The article talks about the Comprehensive Economic Partnership Agreement (CEPA)—a free trade agreement under negotiation—which is expected to boost Canada’s economy by $6 billion. For the year 2010—when most developed countries were struggling with economic turmoil—the economies of Canada and India grew by 3.2% and 9% respectively.  Both countries can see immense benefit through CEPA…. Read more »

Out of Gas

Posted by & filed under Global Management.

One year after announcing a partnership, Encana and PetroChina now say the estimated $5.4-billion deal is off. The failure stems from an inability to agree on the operational aspects of the joint venture. Both entities staked a lot on the success of the deal when it was announced back in February. Now Encana’s investors are… Read more »

Canadian Energy Calling on China

Posted by & filed under Global Management.

In a reversal of sorts, Canadian energy producers are aggressively seeking Asian (particularly Chinese) partners in the development of natural gas and oil resources. For their part, the Chinese are being more selective when evaluating these offers. A decade ago, Chinese companies were aggressively pursuing deals and Canadian partners were leery, mainly because of concerns… Read more »

Oops, Another Security Breach (and Communication Misstep)

Posted by & filed under Communication, Global Management.

After delaying an announcement for more than a week, Sony finally admitted its network had been hacked, compromising the data of 77 million users of PlayStation and potentially putting their credit information at risk. The backlash was immediate. In its defense, Sony argued the delay was necessary to give the company time to conduct investigations…. Read more »

Trading (Way) South of the Border

Posted by & filed under Global Management.

By the turn of the 20th century, Canadian banks were moving south to keep up with growing business opportunities in the Caribbean, Central America, and South America. A century later, only a handful of Canada’s biggest companies are actively engaged in business in the Southern Hemisphere. For its part, the Canadian government recognizes this is… Read more »

Hu’s In Town

Posted by & filed under Global Management.

Chinese President Hu Jintao visited the Chicago area for four days. His stops included a very formal dinner with Chicago Mayor Richard Daley, Walter Payton Prep School, and suburban Woodridge (a town even native son Barack Obama has not visited). Big deals were made – the Chinese agreeing to purchase Midwestern soybeans for $1.8 billion…. Read more »