Corporate governance - Vigil

Transat A.T. Inc.’s third-largest shareholder is urging the Quebec travel company to study all scenarios in case its proposed sale to Air Canada falls through — including a possible offer by Québecor Inc. chief executive Pierre Karl Péladeau.

'We are not pleased with this result and are making the appropriate changes to better position our platform for the future,' OMERS CEO Blake Hutcheson says.

Alberta's payments to service ballooning debt exceeds corporate taxes

Currency has climbed 9% against U.S. dollar since June, forcing some companies hit by pandemic-related expenses to consider raising cost of goods

Carol Tomé is shifting the delivery giant’s focus to the bottom line, weeding out less-profitable customers in a high-speed overhaul; ‘Time for us to pivot’

The U.S. Securities and Exchange Commission is boosting scrutiny of how well companies disclose risks that climate change poses to their businesses, one of its first moves to confront an issue that’s key to the Biden administration’s policy goals.

Climate plans laid out by 75 countries responsible for a third of global emissions “fall far short” of what is needed to meet the goals of the Paris accord on global warming, a finding that must serve as a “wake-up call” for all governments, the United Nations said in its latest report card.

His resignation, following discussions with the board on Thursday evening, marked a swift exit from a $356bn pension fund that is both a key part of Canada’s retirement system for public workers and a global financial heavyweight that has played a role in deals, including the 2005 buyout of US department store Neiman Marcus.

Quality Shareholders support management with 'validation capital.'

Vanguard, the world’s second-largest asset manager, controls holdings worth $86bn in companies that produce or burn thermal coal, according to a new report that provides a comprehensive assessment of the financial sector’s involvement with coal.

Rich countries’ governments borrowed $18 trillion from bond markets in 2020—more than ever before—but their borrowing costs hit a record low, due to a big rise in bond purchases by central banks, as well as a lack of concern about public debt levels among private investors.

WeWork co-founder and former Chief Executive Adam Neumann is set to reap an extra $50 million windfall and other benefits as part of an agreement that would settle a bitter dispute he and other early investors in the shared-office-space provider have waged with SoftBank Group Corp., according to people familiar with the matter.

The company, which offers medical services over the internet, has lined up National Bank of Canada, Royal Bank of Canada, Bank of Nova Scotia and Toronto Dominion Bank as lead bookrunners for an IPO on the Toronto Stock Exchange, two sources familiar with the situation said.

Calgary-based WestJet issued the notices as it negotiates with the union that represents its pilots, the Airline Pilots Association, to renew a six-month memorandum of agreement that expires on March 31.

“After discussions last evening with the board, Mr. Machin tendered his resignation and it has been accepted,” CPPIB said in a written statement Friday morning. John Graham was named to replace him as chief executive officer.

The Wall Street Journal distilled takeaways on navigating the pandemic from profiles of business leaders

Retailer tops Amazon and splits with Walmart, which is keeping starting pay at $11 an hour

U.S. investor Artisan Partners on Friday joined activist firm BlueBell Capital Partners in urging French food group Danone

Climate plans laid out by 75 countries responsible for a third of global emissions “fall far short” of what is needed to meet the goals of the Paris accord on global warming, a finding that must serve as a “wake-up call” for all governments, the United Nations said in its latest report card.

Suncor Energy says former TC Energy CEO Russ Girling is returning to the energy producer and will stand for election to its board of directors in May.

In the first of a monthly series, a global panel of CEOs and leaders offer insights into their pandemic successes, failures — and future plans

Global trade has rebounded from its collapse in the early stages of the pandemic, with China and other Asian manufacturing countries grabbing a bigger slice of exports of everything from masks to bikes—market share they are expected to keep after the public-health crisis fades.

India is establishing new rules to govern internet firms like Facebook Inc., WhatsApp and Twitter Inc., a fresh challenge for the American giants in a huge market that is key to their global expansion.