Corporate governance - Vigil

It’s been a turbulent year for everyone, and Maple Leaf Foods is no exception. This week, Michael McCain, CEO of Mississauga-based Maple Leaf Foods, one of the largest packaged meat and protein companies in the world, joins Down to Business. McCain, a billionaire who is known for his ability to handle crises, said 2020 has generated new levels of anxiety and inspiration.

Consumer-durables stocks have sold off on news of vaccine breakthroughs

The number of major companies who’ve disclosed their environmental impact and aggressively committed to reducing it has increased 46% from last year, according to a new analysis by a leading environmental-disclosure platform.

The wave of resignations comes just weeks before Shell is set to announce its strategy for the energy transition. Some executives have pushed for a more aggressive shift from oil but top management is more inclined to stick closer to the company’s current path, according to four people familiar with the matter.

Shares of Etsy, the online marketplace, are up 250 percent this year, a rise fueled by skyrocketing pandemic mask sales and a yearslong push by investors to run its business better.

Mississauga-based PointClickCare Technologies, one of Canada’s largest private software companies, is buying Salt Lake City’s Collective Medical, continuing a recent volley of cross-border takeovers in Canada’s technology sector.

U.S. Trade Representative Robert Lighthizer is expected to unveil an enforcement action against Canada over its rules for U.S. dairy imports, according to a government official.

Proposed US rule change to mandate lending to fossil fuel companies is ill-advised

The next big deal from Toronto-based Intact could see Mr. Brindamour swap assets he doesn’t need – RSA Insurance Group PLC operations in Britain and Europe – for a prize he covets, rival Aviva PLC’s Canadian business. In a sector that’s consolidating, Intact’s CEO has an opportunity to play Rumpelstiltskin, spinning insurance straw into gold.

The Russian capital began rolling out the country’s homegrown coronavirus vaccine to doctors, teachers and social workers on Saturday, as the virus in the world’s fourth worst-hit country continues to spread at a record pace.

When Christine Lagarde announces the European Central Bank’s latest policy decision on Thursday, she will have a simple message for eurozone governments and banks: do not worry about rising debt levels, borrowing costs will stay low for a very long time.

Businesses have adopted new processes and technologies—and there are signs that they may pay off

What should be the goal of the business corporation? For a long time, the prevailing view in English-speaking countries and, increasingly, elsewhere was that advanced by the economist Milton Friedman in a New York Times article, “The Social Responsibility of Business is to Increase Its Profits”, published in September 1970. I used to believe this, too. I was wrong.

DoorDash Inc said on Tuesday it sold shares in its initial public offering at $102 apiece, above its upwardly revised target range, to raise $3.37 billion in what will be one of the biggest U.S. stock market debuts of 2020.

Any banks which used environmental, social and governance criteria to refuse loans to, say, oil and gas companies operating in the Arctic, could face penalties. The likes of Goldman Sachs, Bank of America and JPMorgan have all done so. 

Startup’s IPO comes after a year of aggressive growth. Is it built to last?

The city’s stock market closes out its best year for listing activity in a decade, thanks in big part to Chinese technology companies

A Canadian government decision to unplug from Huawei is not sufficient to protect the country’s telecommunication networks, says the University of Toronto’s Citizen Lab, which conducts research on cybersecurity issues.

Uber Technologies Inc. sold its self-driving-car unit to a Silicon Valley competitor, Aurora Innovation Inc., in the latest business exit by the ride-hailing company as it aims to deliver on a promise to shareholders to become profitable.

Airbnb Inc expects to raise up to $3.09-billion in its initial public offering after boosting its price range, setting it up for a blockbuster debut 13 years after it was founded as a website in a loft that went on to revolutionize the hospitality industry.

Pandemic’s damage to the economy and to our mental and physical health could have been greatly reduced if our health-care system was more efficient

Germany, France, Spain and ten other EU countries have joined forces to invest in processors and semiconductor technologies, key to internet-connected devices and data processing, in a push to catch up with the United States and Asia.