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 »
Posts Tagged: How Companies Go Global (pp122-125)
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 »
Canadians Buy More Companies Abroad Than They Sell
Description: There has often been huge debate on whether a foreign firm should buy a large Canadian firm; however, Canadian companies have been on a buying spree—they have bought more foreign firms in the past decade than the number of Canadian firms that have been sold to foreign firms. Between 2004 and 2013, Canadian firms… Read more »
Out of Gas
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
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 »
Trading (Way) South of the Border
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 »
