Corporate governance - Vigil

Constellation Insurance Holdings Inc., owned by the Ontario Teachers’ Pension Plan and Caisse de dépôt et placement du Québec, will acquire Ohio National Mutual Holdings Inc., which sells life insurance products in 49 U.S. states. As part of the deal, Constellation will pump an extra US$500-million into the company over the next four years to add to its capital.

Rogers Communications Inc.’s proposed takeover of Shaw Communications Inc. will further consolidate market power among Canada’s Big Three telecoms, and should prompt regulators to develop a new framework to support competition, the CEO of Cogeco said Tuesday.

Canadian Tire is the most reputable company in Canadian commerce, according to a report released today by Léger Marketing Inc. that offers a snapshot of how the pandemic has affected Canadians’ perceptions of certain companies and sectors.

Policy changes expected under the Biden administration will impact public company requirements for climate-related governance and reporting. In the meantime, there are a number of steps companies can take to position themselves to navigate the expected increase in regulation and enforcement as well as to align their business strategy with market trends.

DexCom, Kimberly-Clark and Lowe’s head the list

It can move very quickly, but needs to be well applied

Bluebell Capital runs just €70m in assets but has big targets in its sights

Intel Corp will greatly expand its advanced chip manufacturing capacity as the new chief executive announced plans to spend as much as $20 billion to build two factories in Arizona and to open up its factories to outside customers.

Corporate purpose may be the most debated issue in corporate law this year. It has pitted proponents of the traditional ‘shareholder primacy’ model of corporate governance against representatives of newer, more ‘stakeholder-oriented’ approaches to corporate governance – in what both sides view as an Armageddon-like battle for supremacy.

George Weston Ltd. is putting its Weston Foods bakery business up for sale and doubling down on its core retail and real estate operations, the company said Tuesday. The move comes after efforts to scale up the bakery business through acquisitions came up short

Should the Bank of Canada target home prices as part of its official mandate? It sounds like a tempting notion, especially at a time like the present, when runaway home prices are creating a frenzy of speculation. But the idea is fundamentally misguided.

The first proposal would center on roads, bridges and other infrastructure projects and include many of the climate-change initiatives Mr. Biden outlined in the “Build Back Better” plan.

Norway’s central bank has signaled that it plans to take the plunge by making the country the first developed nation to shift from pandemic-era policy and raise interest rates by the end of the year.

Loblaw Cos. Ltd.-backed telemedicine provider Maple Corp. is gearing up to join other Canadian virtual health care startups on the public markets.

Desjardins jumped 27 points

Below is a brief field guide to the conceptual muddle set to dominate the Rogers-Shaw merger review.

The U.S. may be experiencing its biggest housing boom in decades, but one country has been outpacing its peers in home-price growth: Canada.

The Taskforce on Climate-related Financial Disclosures (TCFD), an initiative of the influential Financial Stability Board (FSB), offers a framework for disclosure of climate risks. Despite the generally positive response and resulting buzz, in particular among advocates for climate action by businesses and those wanting to get on the bandwagon, the uptake of TCFD disclosures has been slower than its proponents had hoped.

Brussels faces a backlash from EU capitals over its proposals to toughen vaccine export controls as some countries warn that the measures risk damaging the bloc’s reputation as a reliable player in the medical supply chain. 

Amazon.com will see its stake in Deliveroo fall to 11.5% when the British food delivery company goes public via an initial public offering, the IPO prospectus showed.

Air Liquide SA, the world’s second-largest maker of industrial gases, plans to invest about 8 billion euros ($9.5 billion) in low-carbon hydrogen by 2035 as part of a plan to more than triple sales of the fuel to help clients curb emissions.

Montreal telemedicine company Dialogue Health Technologies Inc. is expected to price its impending initial public offering near the top end of its target range of $9 to $12 a share after receiving strong demand from investors during the deal’s marketing period.

A fight between the European Union and the U.K. over vaccine supplies is demonstrating how securing national access to doses can generate conflict among U.S. allies and underlining the vulnerability of successful Covid-19 vaccine rollouts to the breakdown of international supply chains.

Federal Reserve Chairman Jerome Powell reiterated Monday that the U.S. economy’s recovery remains far from complete despite recent improvement and that the central bank plans to continue providing support.