Corporate governance - Vigil

The coronavirus crisis will wreak “lasting damage” on people’s living standards across the world and taxes on the rich and on companies may have to rise to address this economic harm, the IMF has warned.

It’s easy to forget the immensity of McCain Foods. Being privately owned, it evades the spotlight that follows a public company’s every move. So it might be a surprise to learn that McCain produces at least one out of every four french fries sold in the world. It’s the biggest company of its kind, accounting for a quarter of the $19-billion global frozen fry industry.

The global economy could shed more than 1 per cent of output if international talks to rewrite cross-border tax rules break down and trigger a trade war, the OECD said on Monday, after countries agreed to keep up negotiating to mid-2021.

Shareholders in Unilever Plc have approved the company’s plan to end its 90-year-old dual-headed structure in favour of a single London-based entity, the Anglo-Dutch consumer goods company said on Monday.

La Fédération des médecins omnipraticiens du Québec (FMOQ) réfute les conclusions de la vérificatrice générale qui, à son avis, viennent ternir la réputation de ses membres. Dans son rapport annuel déposé à l’Assemblée nationale jeudi, Guylaine Leclerc constate que plus d’un demi-million de Québécois sont toujours sans médecin de famille malgré le milliard de dollars versés aux omnipraticiens depuis trois ans pour les inciter à prendre davantage de patients en charge.

Banning plastic straws and bags is just the start. In the background of Environment Minister Jonathan Wilkinson’s plan to ban toxic plastics by 2021 and move to zero plastic waste by 2030 is a big-theory concept known as “the circular economy.”

G4S Plc said on Friday U.S.-based Allied Universal Security Services has expressed interest regarding a possible offer for the British company, which in recent weeks has repeatedly rejected a hostile takeover attempt by Canada’s GardaWorld.

Euronext is to buy Borsa Italiana from London Stock Exchange for 4.3 billion euros ($5.1 billion) in cash, the companies said on Friday, in a major expansion of the French operator’s network of European trading platforms.

Artis Real Estate Investment Trust says it plans to stick to its strategy for boosting the value of its trust units, including proceeding with a spinoff of properties, despite harsh criticism levelled by an activist investor seeking to oust most of its board members.

But that wall may have come into view, with the Parliamentary Budget Officer issuing a sobering analysis in late September that shows how narrow a path Ottawa will need to walk to keep the country’s deficit and debt on a sustainable trajectory.

Corporate leaders are changing how they do their jobs in ways that may permanently transform the CEO role.

SNC-Lavalin Group Inc. chief executive Ian Edwards wants to ensure politicians of all stripes learn from past mistakes. The head of one of the world’s largest engineering companies launched a campaign last week that stresses the need for speed on domestic construction projects.

The Bank of England asked banks on Monday how ready they are for zero or negative interest rates, following up its announcement last month that it was considering how to take rates below zero if necessary

Britain’s government on Sunday urged businesses to prepare for the end of the Brexit transition period, saying that they need to take action whether or not a trade deal with the European Union is clinched.

Canada’s big family-controlled companies are extending their edge in stock market performance against widely held corporations as a new generation of female leaders assert themselves in the boardrooms and executive suites of family firms coast to coast.

Deal that could be worth more than $30 billion would mark the latest big tie-up in the rapidly consolidating industry

European call centre company Webhelp is launching operations in Montreal to push deeper into the North American market, the latest investment in the city by a French firm as Quebec’s two-year-old effort to target businesses from France starts to bear fruit at a crucial time.

Mountain Equipment Co-op says it will be letting go of fewer employees than previously planned with just one store set to close following its takeover by a U.S. private investment firm.

Orange and Proximus have picked Nokia to help build 5G networks in Belgium as they drop Huawei amid U.S. pressure to exclude the Chinese firm from supplying key telecoms equipment.

We need to talk about it because we are looking at a more or less permanent budget deficit if we do not. The recent report of the Parliamentary Budget Office, in which federal spending, driven to astronomic heights by the cost of pandemic relief programs, snaps sharply back to precrisis levels afterward, is almost certainly overoptimistic.