Corporate governance - Vigil

Ottawa-based Telesat Canada is going public on the Nasdaq Stock Exchange as it looks to raise funds for a multibillion-dollar project to beam high-speed internet to remote areas from a constellation of 300 low-Earth orbit satellites.

On March 25, as government shutdowns to combat the spread of COVID-19 took hold, Ajay Virmani, the 64-year-old founder of Canada’s dominant cargo airline, Cargojet, hosted what is now a ubiquitous event in many companies—a nationwide virtual town hall. About 1,000 of Cargojet’s workforce of 1,200 tuned in.

Apollo Global Management Inc.’s proposed $2.1-billion takeover of Great Canadian Gaming Corp. is facing more opposition from shareholders who complain that the price is too low given the company’s control over casinos in the Greater Toronto Area.

Rick Lunny, President and CEO of Manulife Bank, speaks about a recent Manulife study that revealed how Canadians are coping financially with the pandemic

Harvard recently held a private meeting for executives to talk candidly about the pandemic.

Recent COVID-19 trends suggest demand for care in the coming months may be higher and more widespread than at any point in the pandemic, while providers are also facing intensified capacity, supply, and workforce challenges.

The most important single thing we have learnt from Covid-19 is how much damage may be done by a relatively mild pandemic by long-term historical standards. To call it mild is not to belittle the suffering it has caused, and will continue to cause, before an effective vaccination programme is rolled out and sustained globally. 

General Electric Co. warned employees that more job cuts are coming to the conglomerate’s jet-engine business because of the pandemic’s impact on commercial air travel even with the promise of a vaccine on the horizon.

Brussels has been reprimanded for awarding prestigious consulting work to BlackRock to advise on the EU’s sustainable finance regulation and told to tighten up its rules on potential conflicts of interest. 

Coca-Cola Co. ’s finance chief John Murphy is helping the company shrink its product portfolio along with its head count as part of a restructuring effort responding to the coronavirus pandemic. The Atlanta-based beverage giant wants to cut the number of its brands, lay off or buy out thousands of workers and revise its marketing strategy.

The CEO of Canada’s second-biggest gold mining company is seen as a ‘classic grinder’ who’s cultivated a low-key approach in an industry with its fair share of alpha males

Taking a page from the automaker’s ad slogan of the 1980s and ’90s, Ford’s new chief executive, Jim Farley, is aiming to rein in rising warranty repair costs that are a key reason why the Dearborn, Michigan, automaker’s financial performance in North America has lagged that of its archrival, General Motors Co.

In this episode, Julie Daum, North American Board Practice Leader at Spencer Stuart and a veteran of board recruitment, shares how nominating committees and candidates adjust to new recruitment processes

Private security firm G4S urged its shareholders on Wednesday to turn down GardaWorld’s bid for the company and said it plans to resume dividend payments next year.

German media group Bertelsmann will acquire U.S. publisher Simon & Schuster from ViacomCBS for more than $2 billion, a source with direct knowledge of the matter told Reuters on Wednesday.

The heads of eight large Canadian pension funds are pleading with companies to improve their environmental, social and governance disclosure by giving investors “consistent and complete” data.

The province has also abandoned plans to balance its budget within the next three years as a result of the massive declines in investment and oil and gas revenues

The great prize on offer is the chance of bringing the coronavirus pandemic under control. But in the meantime risks abound, to health, economic vitality and social stability. As 2021 approaches, here are ten trends to watch in the year ahead.

Amazon founder is donating $791m to green charities but it will take more than money to help the planet

The EU’s executive arm on Wednesday proposed new legislation aimed at creating an EU-wide data marketplace to facilitate sharing of industrial and government information—provided the data is protected according to European standards, under the eyes of the bloc’s regulators.

It looks as if 2020 will be another year of outperformance for ESG funds — those focused on investments with a positive environmental (E) or social (S) impact, and companies with a record of good governance (G). Some conclude that we are in the early stages of a “momentum trade” that favours sustainable investments.

The timing of the announcements, and their lack of detail, are raising worries about insider trading and unrealistic expectations.

Suncor Energy Inc. is set to take over operation of Syncrude Canada Ltd., one of the country’s largest oil sands projects, in the latest example of consolidation in Alberta’s pandemic-ravaged oil sector.