Description: Netflix CEO, Reed Hastings, compares broadcast TV to a horse and says that broadcast TV will probably last until 2030. In Canada, companies such as Rogers and Shaw have been losing cable customers at a rate of nearly 200,000 per year. Source: Huffington Post Date: November 28, 2014 Video and Text Link: http://www.huffingtonpost.ca/2014/11/28/broadcast-tv-dead-netflix-reed-hastings_n_6237752.html?utm_hp_ref=canada-business Questions… Read more »
Posts Categorized: Video Report
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 »
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 »
Alberta wants more investments from China
Description: In 2012, Ottawa put several restrictions on Chinese investments in to Alberta. The Canadian government insisted that Canada is not open to “sale to foreign governments”. Now, Alberta wants Ottawa to relax those restrictions to spur more investments from China. Source: BNN Date: October 31, 2014 Video Link: http://www.bnn.ca/News/2014/10/31/Alberta-pushes-for-rule-change-to-spur-Chinese-investment.aspx Questions for Discussion: Should the… Read more »
Canada Improves its Record on Bribery in Foreign Markets
Description: According to Transparency International, Canada has improved its record in combating corruption and bribery among Canadian companies that operate in foreign markets. Source: CBC Date: October 23, 2014 Video Link: http://www.cbc.ca/player/News/Business/ID/2568579479/ Questions for Discussion: Why is it important that Canada should more actively enforce its rules on combating corruption by its companies in foreign… Read more »
Ford Decides Mexico over Ontario
Description: Ford, although heavily pursued by the Ontario government and the auto workers union, decides to make its next $2 billion investment in Mexico. This is yet another indication that big automobile companies may be slowly moving its investments out of Ontario. Source: CBC Date: October 24, 2014 Video Link: http://www.cbc.ca/player/News/Business/ID/2570147233/ Questions for Discussion: What… Read more »
Target CEO Hopes for Canadian Christmas Miracle
Description: Target CEO Brian Cornell is hoping the upcoming Christmas holiday season will boost the prospects of Target in Canada. Source: BNN Date: October 08, 2014 Video Link: http://www.bnn.ca/News/2014/10/8/Targets-CEO-needs-a-Canadian-Christmas-miracle.aspx Questions for Discussion: Analyse Target’s plan to boost sales in Canada? What are some of the problems Target has faced in Canada? Will the upcoming holiday… Read more »
BlackBerry’s Passport Demand Exceeding Expectations
Description: BlackBerry’s CEO John Chen says that the shortage of Passport suggests that the demand for Passport is exceeding expectations. Source: BNN Date: October 17, 2014 Video Link: http://www.bnn.ca/News/2014/10/17/BlackBerry-CEO-says-Passport-demand-exceeding-expectations-.aspx Questions for Discussion: Compare and contrast BlackBerry’s marketing strategy for Passport with that of Apple’s iPhone 6? What are the sort of consumers that BlackBerry focuses… Read more »
Canadian Jobless Rate Lowest in Six Years
Description: According to Statistics Canada, the national jobless rate has dropped to its lowest level in six years. There were more than 74,000 new jobs added in the month of September bring down the unemployment rate to 6.8%. Source: CBC Date: October 10, 2014 Video Link: http://www.cbc.ca/player/News/Business/ID/2550274072/ Questions for Discussion: Critically analyse the recent job… Read more »
