Corporate governance - Vigil
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December 3, 2020 10:52 AM
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Engineering giant WSP to buy geosciences specialist Golder for $1.5-billion

Engineering giant WSP to buy geosciences specialist Golder for $1.5-billion | Corporate governance - Vigil | Scoop.it

WSP Inc., Canada’s biggest engineering company by market value, is boosting its environmental consulting capability with a deal to buy geosciences specialist Golder as it pushes on with its relentless expansion.

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December 3, 2020 10:49 AM
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Shopify wants a piece of India’s burgeoning e-commerce market. So does everybody else

Shopify wants a piece of India’s burgeoning e-commerce market. So does everybody else | Corporate governance - Vigil | Scoop.it
Shopify is trying to make inroads in a market where shoppers’ habits favour major online marketplaces and small, local brick-and-mortar stores
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December 3, 2020 10:48 AM
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TD Bank profit beats expectations on retail and wholesale banking growth 

TD Bank profit beats expectations on retail and wholesale banking growth  | Corporate governance - Vigil | Scoop.it
Toronto-Dominion Bank reported fourth-quarter profit that beat analysts’ estimates on Thursday, on lower-than-expected provisions for credit losses and as its Canadian retail business and wholesale banking income grew from a year earlier.
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December 3, 2020 10:47 AM
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'Canada really sticks out:' Studies show banks aren't so green on climate change

'Canada really sticks out:' Studies show banks aren't so green on climate change | Corporate governance - Vigil | Scoop.it
International analyses suggest Canadian banks oiling the wheels of fossil fuel industry at far greater rate than peers
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December 3, 2020 10:27 AM
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Covid-19 has ravaged economies all over the world—but not Taiwan’s 

Covid-19 has ravaged economies all over the world—but not Taiwan’s  | Corporate governance - Vigil | Scoop.it
It has fended off the epidemic and is welcoming back firms that had decamped to China
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December 3, 2020 10:22 AM
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3M to cut 2,900 jobs in restructuring 

3M to cut 2,900 jobs in restructuring  | Corporate governance - Vigil | Scoop.it
3M Co said on Thursday it would cut about 2,900 jobs globally and scale back on investments in slower-growing markets as part of a restructuring that is expected to lead to pre-tax savings of up to $350 million.
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December 3, 2020 9:57 AM
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U.S. Tech Giants Face Tighter Regulation in Europe

U.S. Tech Giants Face Tighter Regulation in Europe | Corporate governance - Vigil | Scoop.it
The European Union plans to introduce in coming weeks new proposals aimed at changing behavior—and, in some cases, business models—at large online platforms, reasserting the bloc’s role as global tech cop.
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December 3, 2020 9:48 AM
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'Canada really sticks out:' Studies show banks not so green on climate change 

'Canada really sticks out:' Studies show banks not so green on climate change  | Corporate governance - Vigil | Scoop.it
A recent study from the Rainforest Action Network placed RBC, TD and Scotiabank in the global Top 10 for financing fossil fuels, providing more than $89 billion to oil and gas companies in 2019 alone. The Bank of Montreal and CIBC are in 16th and 21st spots with a total of nearly $42 billion.
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December 2, 2020 10:58 AM
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Who gains from RCEP, Asia’s new trade pact? 

Who gains from RCEP, Asia’s new trade pact?  | Corporate governance - Vigil | Scoop.it
Critics claim it will be dominated by China; but that is only part of the story
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December 2, 2020 10:38 AM
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Lightspeed strikes twice, announcing second major U.S. acquisition in a month

Lightspeed strikes twice, announcing second major U.S. acquisition in a month | Corporate governance - Vigil | Scoop.it
Lightspeed POS Inc., announced its second $400-million-plus U.S. acquisition in less than a month on Tuesday as it continues its efforts to consolidate the fragmented market for internet-based point-of-sale and payments products for retail and hospitality companies.
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December 2, 2020 10:36 AM
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New Zealand declares a climate emergency, vows public sector will become carbon neutral by 2025

New Zealand declares a climate emergency, vows public sector will become carbon neutral by 2025 | Corporate governance - Vigil | Scoop.it
New Zealand promised its public sector would become carbon neutral by 2025 as it declared a climate emergency on Wednesday, a symbolic move that critics said needed to be backed with greater actions to reduce emissions.
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December 2, 2020 10:33 AM
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Healthcare IPO examines value of China’s big tech 

Healthcare IPO examines value of China’s big tech  | Corporate governance - Vigil | Scoop.it
JD.com is offering a timely reminder of why big technology firms are valuable to Beijing. The e-commerce giant’s healthcare arm has priced shares in its initial public offering at a reasonable 13 times sales. The $3.5 billion deal is set to be the biggest IPO in Hong Kong this year after an abrupt regulatory halt to the debut of Ant, the Alibaba payments affiliate, in November
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December 2, 2020 10:32 AM
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Sun Life CEO Dean Connor to retire next year 

Sun Life CEO Dean Connor to retire next year  | Corporate governance - Vigil | Scoop.it
Canada’s second-biggest life insurer Sun Life Financial Inc said on Wednesday Chief Executive Officer Dean Connor would retire in August next year after a decade at the helm.
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December 3, 2020 10:51 AM
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TD profit tops forecasts as loan-loss provisions ease, wholesale unit rebounds

TD profit tops forecasts as loan-loss provisions ease, wholesale unit rebounds | Corporate governance - Vigil | Scoop.it

Toronto-Dominion Bank’s core quarterly earnings edged higher in the fourth quarter, as provisions for loan losses eased and the bank’s wholesale division rebounded strongly from unusually weak results in the same quarter last year.

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December 3, 2020 10:49 AM
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Taxing Airbnb and Netflix may level the playing field, but it won't likely change consumer habits

Taxing Airbnb and Netflix may level the playing field, but it won't likely change consumer habits | Corporate governance - Vigil | Scoop.it

Canadian consumers are likely to end up forking out more for U.S. streaming services such as Netflix and short-term rentals on Airbnb once a new federal regime forcing tech platforms to charge sales tax comes into effect, but it isn’t clear that the new taxes will have a significant impact on consumption patterns, industry watchers say.

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December 3, 2020 10:47 AM
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Why higher taxes may be on the way in Canada 

Why higher taxes may be on the way in Canada  | Corporate governance - Vigil | Scoop.it

Deloitte Canada Chief Economist Craig Alexander speaks with Financial Post’s Larysa Harapyn about the key takeaways from the fall fiscal update.

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December 3, 2020 10:42 AM
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ESG Accountability: Closing the Gap Between Investors & Boards

ESG Accountability: Closing the Gap Between Investors & Boards | Corporate governance - Vigil | Scoop.it

ESG and stakeholder relationships have vaulted to the top of board agendas. Yet, current studies still show a commitment gap between institutional investors and sitting corporate directors. How can current and new board members close the gap and engage reluctant directors?

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December 3, 2020 10:25 AM
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Moderna to Begin Testing Its Coronavirus Vaccine in Children 

Moderna to Begin Testing Its Coronavirus Vaccine in Children  | Corporate governance - Vigil | Scoop.it
The company said the trial would involve children ages 12 through 17.
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December 3, 2020 9:58 AM
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Covid-19 Drags on Europe’s Economies as Asia’s Recovery Continues

Covid-19 Drags on Europe’s Economies as Asia’s Recovery Continues | Corporate governance - Vigil | Scoop.it
Europe seems set to end 2020 as a weak spot for the global economy, as business surveys indicate that service providers saw another decline in activity during November, while their Asian counterparts reported a continued pickup.
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December 3, 2020 9:55 AM
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XPO Logistics to Split Company in Two, Spin Off Contract Logistics Business

XPO Logistics to Split Company in Two, Spin Off Contract Logistics Business | Corporate governance - Vigil | Scoop.it
The plan to separate transportation and logistics operations comes after strategic review that also considered selling off parts of the company
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December 2, 2020 10:59 AM
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U.N. Reclassifies Cannabis as a Less Dangerous Drug 

U.N. Reclassifies Cannabis as a Less Dangerous Drug  | Corporate governance - Vigil | Scoop.it
A United Nations commission voted to remove marijuana for medical use from a list of the most risky narcotics, such as heroin.
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December 2, 2020 10:39 AM
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Uber and JetBlue join Amazon-backed Climate Pledge fund

Uber and JetBlue join Amazon-backed Climate Pledge fund | Corporate governance - Vigil | Scoop.it

Amazon.com Inc said on Wednesday that five companies, including Uber Technologies Inc and JetBlue Airways Corp, have joined its fund that invests in companies developing environmentally friendly technologies.

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December 2, 2020 10:36 AM
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Ottawa must hasten efforts on recovery plan, CEOs say

Ottawa must hasten efforts on recovery plan, CEOs say | Corporate governance - Vigil | Scoop.it
Canadian business leaders are warning the country risks falling behind other industrialized nations because of what they consider the federal government’s failure to lay out a clear pandemic recovery plan, while many of the hardest-hit companies can’t absorb more debt.
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December 2, 2020 10:36 AM
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Ottawa gives households $7 for every dollar of income lost in private sector

Ottawa gives households $7 for every dollar of income lost in private sector | Corporate governance - Vigil | Scoop.it
The federal Liberals have defended their record-busting deficit spending during the pandemic with the rationale that the government is taking on debt so that Canadians won’t have to, a line of reasoning that again surfaced in Monday’s economic update.
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December 2, 2020 10:33 AM
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Royal Bank of Canada and National keep Big Six winning streak alive 

Royal Bank of Canada and National keep Big Six winning streak alive  | Corporate governance - Vigil | Scoop.it
Royal Bank of Canada and National Bank of Canada both announced better-than-expected earnings on Wednesday, keeping an end-of-year winning streak alive for Canada’s Big Six lenders.
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