Corporate governance - Vigil
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January 20, 2021 10:34 AM
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Shareholders approve West Fraser deal to buy Norbord, consolidating wood sector

Shareholders approve West Fraser deal to buy Norbord, consolidating wood sector | Corporate governance - Vigil | Scoop.it

Shareholders of West Fraser Timber Co. Ltd. and Norbord Inc. have approved a $4-billion all-stock deal that will marry two of Canada’s big wood product producers.

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January 20, 2021 10:32 AM
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WestJet urges Ottawa to reject Air Canada’s takeover of Transat or impose conditions

WestJet urges Ottawa to reject Air Canada’s takeover of Transat or impose conditions | Corporate governance - Vigil | Scoop.it

WestJet Airlines Ltd. has urged the federal government to reject Air Canada’s takeover of Transat AT Inc.or impose conditions that would limit the combined companies’ market dominance.

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January 20, 2021 10:28 AM
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Business leaders split on idea of unleashing 'warrior accountants' on ESG issues 

Business leaders split on idea of unleashing 'warrior accountants' on ESG issues  | Corporate governance - Vigil | Scoop.it
Canada is lagging behind several other countries when it comes to reporting on environmental, social, and governance issues, says CPA
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January 20, 2021 10:24 AM
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How Volkswagen’s $50 Billion Plan to Beat Tesla Short-Circuited

How Volkswagen’s $50 Billion Plan to Beat Tesla Short-Circuited | Corporate governance - Vigil | Scoop.it
Faulty software set back a bid by the world’s largest car maker for electric-vehicle dominance
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January 20, 2021 10:14 AM
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How Boards Can Promote a New Leadership Model for Companies

Boards have a lot on their plate right now. Even before Covid-19, institutional investors were challenging directors to consider stakeholders beyond investors. Now, even as directors are busy with the pandemic, investors want boards to promote a more agile, mission-driven executive team. They want leaders ready to handle the expanding complexities of corporate life with distributed decision-making, to respond to a rapidly changing business environment.
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January 20, 2021 10:10 AM
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Disney's Iger and Chapek lose bonus payments due to pandemic

Disney's Iger and Chapek lose bonus payments due to pandemic | Corporate governance - Vigil | Scoop.it
Disney's top executives, including chairman Bob Iger and Chief Executive Officer Bob Chapek, will forgo their bonuses for 2020 "in light of the company's circumstances this year" related to the coronavirus, according to an SEC filing released Tuesday.
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January 20, 2021 9:50 AM
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Opinion: Task-shifting could be a force-multiplier against COVID 

Opinion: Task-shifting could be a force-multiplier against COVID  | Corporate governance - Vigil | Scoop.it
Leveraging other health-care professionals and, where appropriate, volunteers, will provide much-needed support to front-line physicians and nurses
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January 19, 2021 8:12 PM
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Canada's balance sheet is deteriorating and the consequences could be significant for investors 

Canada's balance sheet is deteriorating and the consequences could be significant for investors  | Corporate governance - Vigil | Scoop.it
Canada is spending in places that may not directly repair the damage that has been done by the virus
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January 19, 2021 10:41 AM
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Environmental problems top list of fears in World Economic Forum annual risk report

Environmental problems top list of fears in World Economic Forum annual risk report | Corporate governance - Vigil | Scoop.it
Damage to the environment from climate change, extreme weather and biodiversity loss is the main danger in the coming years, the World Economic Forum says, though the pandemic has highlighted the long-term risk of infectious diseases.
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January 19, 2021 10:36 AM
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Microsoft Bets Bigger on Driverless-Car Space With Investment in GM’s Cruise

Microsoft Bets Bigger on Driverless-Car Space With Investment in GM’s Cruise | Corporate governance - Vigil | Scoop.it
Tech giant will host cloud services for GM’s autonomous-vehicle subsidiary; Financing brings Cruise’s valuation to $30 billion
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January 19, 2021 10:32 AM
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American children losing most by missing school may miss it longest 

American children losing most by missing school may miss it longest  | Corporate governance - Vigil | Scoop.it
This risks widening the gap between rich and poor even further
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January 19, 2021 10:28 AM
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Investors Hold Boards Accountable—When Equipped With the Right Reports

Fund boards have long served as independent watchdogs for shareholders, monitoring investment performance, fund expenditures, risk management and conflicts of interest. But to hold boards accountable for that protection, shareholders first need to be aware that boards exist
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January 19, 2021 10:27 AM
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Office Depot rejects $2.1bn takeover bid from rival Staples 

Office Depot rejects $2.1bn takeover bid from rival Staples  | Corporate governance - Vigil | Scoop.it
Company says latest proposal is not in shareholders’ interests but is open to negotiations
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January 20, 2021 10:33 AM
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Canada’s inflation rate eases in December, capping weakest year for growth since 2009

Canada’s inflation rate eases in December, capping weakest year for growth since 2009 | Corporate governance - Vigil | Scoop.it
Canadian inflation eased in December on sharply lower prices of airline tickets and slowing growth of food costs, capping the weakest year for growth since 2009.
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January 20, 2021 10:28 AM
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Bank of Canada holds interest rate at 0.25%, forecasts contraction in first quarter 

Bank of Canada holds interest rate at 0.25%, forecasts contraction in first quarter  | Corporate governance - Vigil | Scoop.it
Central bank expects the Canadian economy to contract in the first quarter of 2021
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January 20, 2021 10:24 AM
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More Finance Chiefs Resigned in 2020 Than in Previous Years

More Finance Chiefs Resigned in 2020 Than in Previous Years | Corporate governance - Vigil | Scoop.it
Thirty-seven CFOs stepped down from S&P 500 companies, up 27.6% from 2019
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January 20, 2021 10:22 AM
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The Debt Question Facing Janet Yellen: How Much Is Too Much?

The Debt Question Facing Janet Yellen: How Much Is Too Much? | Corporate governance - Vigil | Scoop.it
A big question hangs over Janet Yellen this week at her confirmation hearing to become U.S. Treasury secretary: How much debt is too much?
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January 20, 2021 10:13 AM
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UK companies warned against shutting investors out of AGMs 

UK companies warned against shutting investors out of AGMs  | Corporate governance - Vigil | Scoop.it
British companies are being urged to ensure investors are not locked out of shareholder meetings this year, after the pandemic forced the biggest ever upheaval of the annual events in 2020.
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January 20, 2021 10:09 AM
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EU faces barriers to boosting single currency’s global status 

EU faces barriers to boosting single currency’s global status  | Corporate governance - Vigil | Scoop.it
Brussels faces a steep climb in its effort to boost the international role of the euro as part of its quest to strengthen the EU’s self-reliance, investors and analysts said after the bloc set out new ambitions for the single currency. 
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January 20, 2021 9:47 AM
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The Board's Role in Crisis Response

The Board's Role in Crisis Response | Corporate governance - Vigil | Scoop.it

A board of directors needs to map out a crisis response, oversee it when it is put into practice, and evaluate it in the aftermath.

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January 19, 2021 10:42 AM
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Why the Bank of Canada could be among the first to raise interest rates 

Why the Bank of Canada could be among the first to raise interest rates  | Corporate governance - Vigil | Scoop.it

Central bank may be forced to confront inflationary pressures sooner than most of its peers

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January 19, 2021 10:41 AM
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Power Corp. unit partners with insurers, financial firms to launch green energy fund

Power Corp. unit partners with insurers, financial firms to launch green energy fund | Corporate governance - Vigil | Scoop.it
The sustainable energy unit of Power Corp., the family holding company, has partnered with Desjardins Group, Great-West Lifeco, National Bank of Canada and Switzerland’s Après-demain SA to seek out investments in Canada and the United States. The new fund, called Power Sustainable Energy Infrastructure Partnership, aims to invest the money over the next 24 to 36 months.
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January 19, 2021 10:36 AM
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Office Depot Rebuffs Takeover Offer From Staples

Office Depot Rebuffs Takeover Offer From Staples | Corporate governance - Vigil | Scoop.it

Office Depot rebuffed an unsolicited takeover offer from Staples but indicated it is open to an alternative deal, the latest twist in a yearslong dance between the office-supply retailers.

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January 19, 2021 10:31 AM
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Boards Are Obstructing ESG — at Their Own Peril

Boards Are Obstructing ESG — at Their Own Peril | Corporate governance - Vigil | Scoop.it
Yet while many investors and chief executives now take ESG seriously in their decision making, one powerful constituency is lagging: corporate boards.
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January 19, 2021 10:27 AM
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Office Depot rejects $2.1bn takeover bid from rival Staples 

Office Depot rejects $2.1bn takeover bid from rival Staples  | Corporate governance - Vigil | Scoop.it

Company says latest proposal is not in shareholders’ interests but is open to negotiations

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