Corporate governance - Vigil

Canadians lodged fewer complaints with the federal telecom and television ombudsman over the past 12 months, but had more gripes about the quality of their home internet connections as the pandemic forced many to work from home.

For the 19th year in a row, Report on Business has rated the work of Canada’s corporate boards using a rigorous set of governance criteria designed to go far beyond minimum mandatory rules imposed by regulators.

Ottawa will attempt to square demands for COVID-19-related spending with mounting concerns over the hundreds of billions in new debt when it reveals its first full economic update since the onset of the pandemic.

Budget deficit expected to swell to 18% of GDP, the biggest fiscal swing amid developed nations

It’s complicated, and the implications for competition uncertain

DoorDash Inc. on Monday said it plans to sell 33 million shares at between $75 and $85 apiece in an initial public offering, giving the food-delivery company a valuation topping $25 billion.

GM still intends to provide Nikola with fuel-cell technology but the Detroit auto maker has scrapped plans to build an electric pickup truck named the Badger for the Phoenix-based startup—a key part of an earlier agreement outlined in September.

Only a year ago, trade was a big worry for investors, and the strong domestic economy a source of comfort. How times change.

Landmark deal would combine two of the largest providers of data to Wall Street

Moderna Inc will apply for U.S. and European emergency authorization for its COVID-19 vaccine on Monday after full results from a late-stage study showed it was 94.1% effective with no serious safety concerns, the company said.

The Montreal-based airline has seen its business plunge this year as travellers stopped flying due to the pandemic, however the airline has been looking to grow in other ways including cargo flights.

Nasdaq will ask the S.E.C. this morning for permission to adopt a new requirement for the 3,249 companies listed on its main U.S. stock exchange: have at least one woman and one “diverse” director and report data on board diversity — or face consequences.

Veteran Bay Street financier and entrepreneur Sam Duboc is set to take his telemedicine startup MindBeacon Software Inc. public on the Toronto Stock Exchange amid a surge in demand for digitally delivered health services during the pandemic.

Four directors are resigning from the board of Artis Real Estate Investment Trust, and the company’s chief executive and chief financial officers are stepping down in a victory for activist investor Sandpiper Group.

When it came time last winter to prepare their 2020 disclosures, Canadian companies largely chose not to share information about racial and ethnic diversity on their boards of directors, despite new federal rules that required many of them to do so. The problem may have been that they didn’t have much to talk about.

Consumer debt in Canada rose 3.8 per cent in the third quarter to $2.041 trillion, driven by the surging housing market and new auto loans, Equifax Canada’s latest report reveals.

Opinion: Bitcoin is gradually being adopted not so much as means of payment but as a store of value

Fights about stimulus are breaking out everywhere. Time for rules-based budgeting

In a year especially hard on many working women, the corporate world can hail one major milestone: A record 41 female CEOs are slated to be soon running Fortune 500 companies.

Australia is preparing to take action against China at the World Trade Organization over tariffs on barley imports, the latest salvo in a trade dispute that has disrupted the supply of commodities from coal to wine.

A vote on whether Swiss companies like Nestlé and Glencore should face greater liability at home for human rights and environmental abuses committed abroad is set to fail after a divisive campaign.

Due to the pandemic, governments are under increased pressure to act quickly and at scale. By reimagining how they work, they can create resilient societies and public services for the next normal.

Bank of Canada Governor Tiff Macklem repeatedly told a parliamentary committee that the central bank isn’t in the business of bankrolling the federal government’s soaring deficits, insisting the government isn’t in danger of insolvency without the bank’s continuing purchases of billions of dollars a week of government debt.