Corporate governance - Vigil

Without a wage equalization tariff to compensate for the lower salaries workers are paid abroad, Americans cannot compete. Since they are global, corporations will always choose to manufacture or buy wherever costs and labour are cheapest, in order to increase profit and shareholder value.

A UK government review led by former European Commissioner Jonathan Hill is debating whether to make it easier for companies going public to sell fewer shares, or offer stock with different voting rights. The danger is that it weakens Britain’s corporate governance regime while doing little to reverse a long-term decline in listings.

In the global push to avert catastrophic climate change, investors’ new mantra is ESG – environmental, social and governance – and resource companies are looking for ways to sell, merge and change their businesses to follow the money

Laurentian Bank of Canada has hired three new senior executives as chief executive officer Rania Llewellyn revamps the upper ranks of a financial institution poised to attempt a challenging turnaround.

The era of building big new hydropower dams in Quebec might be over.

Canadian corporations with international operations avoid billions of dollars of taxes every year

The unemployment rate rises to 9.4%, the highest rate since August

For the same reasons that women live longer: booze, bravado and biology

Bill Gates is doubling down on private-jet travel, as the niche industry recovers quicker amid the coronavirus pandemic than the wider commercial aviation market.

Cases and hospital admissions in Israel are falling steeply among vaccinated age groups in the first clear sign worldwide that Covid-19 jabs are preventing illness following a mass inoculation campaign.

Directors will be held personally responsible for the accuracy of their company’s financial statements — with fines and bans for major failures — as part of far-reaching proposals to overhaul UK corporate governance and audit oversight.

Driving down unemployment has become the overriding economic goal of top U.S. policy makers, an imperative that will shape many of the big decisions being made in Washington in the months ahead.

French waste and water management firm Veolia vowed on Monday to press ahead with its bid for smaller rival Suez despite new legal hurdles and a government warning over the increasingly hostile takeover battle.

Stephen Hunter, chief executive of Sunwing, said a non-disclosure agreement with the would-be buyer prevents him from providing details. “We have been approached recently,” Mr. Hunter said in an interview.

The risks facing banks are likely to intensify in three key areas in 2021. Boards of directors can help their institutions get ready to manage the changing risk environment.

Dax Dasilva, the Montreal-based e-commerce company’s founder and chief executive, said Thursday that the temporary closingof businesses is hampering Lightspeed’s ability to drum up business and grow its gross merchandise value or how much merchandise is sold through its software.

A group of more than 300 of its beneficiaries have joined a campaign to push the fund further into green territory much faster – partly by phasing out all fossil fuel investments within four years.

Carolyn Wilkins, the former senior deputy governor of the Bank of Canada, has joined the board of Intact Financial Corp, Canada’s largest property and casualty insurer said on Monday.

The number of people claiming the deduction is likely to skyrocket this year

For the same reasons that women live longer: booze, bravado and biology

Robert Davis, who will start as chief executive July 1, has managed global support functions at Merck in addition to his responsibilities as finance chief

U.S. aerospace company last year booked $6.5 billion charge related to new 777X, citing Covid-19 pandemic and regulatory hurdles

As Jeff Bezos moves to executive chair at Amazon, there are few corporate governance purists left