Corporate governance - Vigil

Alberta made more than $1.5-billion in accounting errors around a series of its energy deals in the 2019-20 financial year, including crude by rail, the Keystone pipeline expansion and the Sturgeon Refinery, according to the provincial Auditor-General.

Canada’s largest pipeline operator Enbridge Inc on Friday set emissions reduction targets, hoping to be a net zero emitter of greenhouse gases by 2050, as the industry faces intense pressure from investors to limit carbon discharge.

Canadian businesses added 84,000 jobs in October compared with 378,000 the month before, signalling a marked slowdown in economic growth as some provinces reinstated COVID-19 restrictions to fight a surging second wave.

Australia, Canada and Japan have already in effect banned Huawei from their 5g networks. In July Britain said it would phase out its gear, and on October 20th Sweden said it would impose a ban, too. More countries may follow.

Après avoir été pratiquement épargnée en début de pandémie, la région de Québec a été lourdement frappée par la deuxième vague de COVID-19. Si depuis quelques jours le bilan quotidien est passé sous la barre des 100 cas, mardi, la Capitale-Nationale enregistrait 10 décès, un triste record pour la région.

BCE Inc. saw its third-quarter revenue dip 2.6 per cent to $5.79-billion as the pandemic hit its media business, reduced roaming and prompted some business customers to cut or delay their spending.

Lightspeed POS Inc. announced its biggest acquisition to date and reported financial results well ahead of expectations Thursday.

On the day when financial affiliate Ant was supposed to go public, Alibaba held an earnings call with little fanfare

Chairman Jerome Powell could reiterate longstanding call for more fiscal support but isn’t likely to announce new policies

Bombardier expects higher deliveries of its flagship Global 7500 business jet through year’s end, after the plane and train maker missed estimates for third-quarter operating profit on Thursday, hurt by COVID-19-related disruptions.

Telus’s chief financial officer Doug French said the acquisition will complement the work being done by Telus International, which offers content moderation, IT, call centre and other services to businesses. The deal is expected to close Dec. 31.

Less severe than last time—but still very painful

As pressure builds for companies to move to a more stakeholder-centric mindset, should the board push for their CEO to take public positions on societal issues such as social justice, Supreme Court composition, or healthcare policy?

Resolute Forest Products says chief executive Yves Laflamme will retire next year and be replaced by chief financial officer Remi Lalonde.

Aphria Inc said on Wednesday it plans to buy American craft brewer SweetWater Brewing Co for $300 million, as part of the Canadian cannabis company’s efforts to enter the U.S. beverages market.

But former OSC chair fears new mandate would turn the regulator into a 'partner' with companies and funds

Greater state control of business activity reflects anxiety in West about ability to compete with government-backed industries in Asia

International Business Machines Corp on Thursday became the latest U.S. technology company to launch a cloud platform directed at telecom operators deploying 5G and signed up Nokia and Samsung as partners.

Airbnb Inc plans to make its IPO registration public next week, putting it on course for a New York stock market debut in December even as the COVID-19 pandemic intensifies, two people familiar with the matter said on Thursday.