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?
Posts Categorized: Video Report
HSBC bank helped customers hide money
Description: HSBC, one of the largest banks in the word, helped some of its richest customers hide money, often illegally. The documents that were leaked named 1500 Canadians who had money hidden in HSBC. Source: CBC Date: February 09, 2015 Video Link: http://www.cbc.ca/player/News/Business/ID/2652797906/?page=2 Questions for Discussion: In this unique to one bank or is likely… Read more »
Bombardier bring in a new CEO
Description: In a move to halt the falling fortunes of Bombardier, the board of directors have replaced their CEO, Pierre Beaudoin, with an outsider, Alain Bellemare. Pierre Beaudoin will now be the Chairman of Bombardier in place of his father. Source: CBC Date: February 12, 2015 Video Link: http://www.cbc.ca/player/News/Business/ID/2653563918/ Questions for Discussion: What were the… Read more »
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 »
Target to close shop in Canada
Description: After nearly two years of struggle, Target has decided to close all its 133 stores in Canada. It has accumulated nearly $1.5 billion in losses during its short stay in Canada. Source: CBC Date: January 15, 2015 Video Link: http://www.cbc.ca/player/News/Business/ID/2648076422/?page=2 Questions for Discussion: Did Target’s decision come as a surprise – Why or Why… 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 »
BlackBerry gets a boost from AT&T
Description: BlackBerry received some good news when AT&T became the first carrier to agree to sell and promote its oversized Passport smartphone in the U.S. However, as part of the deal, AT&T has asked BlackBerry to round the right-angled corners of the Passport. Source: CBC Date: January 08, 2015 Video Link: http://www.cbc.ca/player/News/Business/ID/2646722338/ Questions for Discussion:… Read more »
Rebranding of Second Cup
Description: Second Cup is facing increased competition from Starbucks, Tim Hortons and McDonald’s in the café market, and over the last few years has been losing market share. In an effort to regain their market share, Second Cup are rebranding their stores in Canada. Source: CBC Date: December 04, 2014 Video Link: http://www.cbc.ca/player/News/Business/ID/2625880352/ Questions for Discussion: Discuss… Read more »
Will DVDs survive against the online streaming options?
Description: DVD rental businesses such as Redbox are competing against several online media streaming options available to Canadians. Despite the increased competition, Redbox CEO, Mark Horak, is confident that Redbox offers a unique advantage over its competitors such as Netflix. Source: CBC Date: December 05, 2014 Video Link: http://www.cbc.ca/player/News/Business/ID/2627018058/ Questions for Discussion: What is the… Read more »
