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 »
Posts Tagged: Global Business Environments (pp125-127)
Should McDonald’s leave Russia?
Description: In the wake of political conflict in Crimea, several western companies decided to close shops in Crimea. McDonald’s closed its three locations in Crimea and has decided to move them to Ukraine. In a strong response, a Russian politician asked McDonald’s to evict Russia. Source: The Huffington Post Canada Date: April 04, 2014 Link:… Read more »
How does the falling lonnie help the economy?
Description: The falling Canadian dollar can be a good thing for the economy. The Canadian dollar has fallen by 10% since this time last year. Jeannie Lee presents some of the benefits of a lower Canadian dollar Source: CBC Date: Jan 16, 2014 Video Link: http://www.cbc.ca/player/News/Business/ID/2430382277/ Questions for Discussion: How does a lower Canadian dollar… Read more »
Canadian Energy Calling on China
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 »
