Corporate governance - Vigil
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October 7, 2020 11:04 AM
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U.S. companies hire a record number of female CFOs

U.S. companies hire a record number of female CFOs | Corporate governance - Vigil | Scoop.it

If history is any guide, promotion to CFO gets women into the C-suite, but it doesn't often lead to promotion to CEO

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October 7, 2020 10:58 AM
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Terence Corcoran: Flattening the economy II

When the history of the COVID-19 pandemic is written, what will it say about the vast army of professional economists — in banks, academia, consultancies, think-tanks — along with science experts and members of the media who have mostly failed to publicly challenge the riskiest global policy initiatives ever contemplated, let alone implemented?
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October 7, 2020 10:51 AM
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TD Bank to book $2.3 billion gain on closing of Schwab-TD Ameritrade deal

Deal gives TD 'important ownership stake' in Schwab worth $12.4 billion
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October 7, 2020 10:47 AM
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Opinion: Climate-related disclosure should start with governance

It should start with qualitative components, such as governance around climate risk and opportunities, before focusing on quantitative measures, such as emission-reduction targets.
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October 7, 2020 10:44 AM
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Sandpiper launches drive for investor support in Artis REIT proxy fight

Sandpiper is seeking unit-holder support for its proxy fight at Artis, which the Vancouver-based activist investor announced last week . It wants to replace five of the company’s trustees, including CEO Armin Martens, with its own nominees. It also wants Artis’s proposed spinoff of Western Canadian retail real estate assets into a new trust scrapped in favour of asset sales.

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October 7, 2020 10:21 AM
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Airbus unveils new luxury jet to rival Bombardier

Airbus unveils new luxury jet to rival Bombardier | Corporate governance - Vigil | Scoop.it
Airbus SE unveiled a luxury business jet version of its single-aisle A220 aircraft, using technology developed by Bombardier Inc. for a new model that will compete at the highest end of the market against Bombardier.
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October 7, 2020 9:53 AM
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Critics pummel SEC effort to boost reporting threshold for money managers

Critics pummel SEC effort to boost reporting threshold for money managers | Corporate governance - Vigil | Scoop.it
Opponents say the higher level for reporting stock holdings deprives investors and advisers of crucial information
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October 7, 2020 9:50 AM
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Some Thoughts on the Business Roundtable’s Statement of Corporate Purpose

The Business Roundtable’s examination of the conduct of U.S. corporations is welcome, but wrong-headed. The organization consists of highly respected leaders both within and outside of the business community. Their collective views carry a large weight in public policy deliberations in Washington D.C.
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October 7, 2020 9:25 AM
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JPMorgan Pledges to Push Clients to Align With Paris Climate Agreement

JPMorgan Pledges to Push Clients to Align With Paris Climate Agreement | Corporate governance - Vigil | Scoop.it
The bank, long under pressure from climate activists, says lowering emissions can help a company attract capital and stay relevant
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October 7, 2020 9:23 AM
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Coronavirus in Europe: major economies predict more dire growth to come

Coronavirus in Europe: major economies predict more dire growth to come | Corporate governance - Vigil | Scoop.it
Major European economies are downgrading already dire economic forecasts on the back of a second wave of coronavirus infections sweeping through the continent, with over 6.3 million cases now reported in the region.
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October 6, 2020 1:42 PM
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TMX Group, Institute of Corporate Directors focus on corporate governance

TMX Group and the Institute of Corporate Directors have joined forces to launch a new committee specializing in corporate governance. The Committee on the Future of Corporate Governance in Canada comprises 12 Canadian public company directors from across the country, according to a release.

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October 6, 2020 1:32 PM
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How a little-known Quebec company took centre stage of Canada's electric vehicle space in only two years

How a little-known Quebec company took centre stage of Canada's electric vehicle space in only two years | Corporate governance - Vigil | Scoop.it
Lion Electric finds itself in the spotlight after landing two marquee clients
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October 6, 2020 1:31 PM
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Canada’s trade growth stalls in August, signaling torrid economic rebound is slowing

Canada’s trade growth stalls in August, signaling torrid economic rebound is slowing | Corporate governance - Vigil | Scoop.it
Canada’s international trade growth stalled in August, the latest evidence that the economy is shifting into a slower phase after its torrid rebound from the COVID-19 shutdowns.
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October 7, 2020 10:59 AM
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Airbnb burned through $1.2 billion ahead of IPO | Reuters

Airbnb burned through $1.2 billion ahead of IPO | Reuters | Corporate governance - Vigil | Scoop.it
Airbnb burned through more than $1.2 billion in cash between mid-2019 and mid-2020, ahead of its high-profile initial public offering (IPO), the Information reported bit.ly/3d8oEtw on Wednesday, citing financial documents.
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October 7, 2020 10:57 AM
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Sandpiper launches drive for investor support in Artis REIT proxy fight

Sandpiper is seeking unit-holder support for its proxy fight at Artis, which the Vancouver-based activist investor announced last week . It wants to replace five of the company’s trustees, including CEO Armin Martens, with its own nominees. It also wants Artis’s proposed spinoff of Western Canadian retail real estate assets into a new trust scrapped in favour of asset sales.

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October 7, 2020 10:50 AM
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G4S calls GardaWorld’s pitch to shareholders misleading, insists its pensions are well-funded

British private security company G4S on Wednesday once again rejected smaller Canadian rival GardaWorld’s offer and dismissed claims made by the hostile bidders in a pitch to shareholders as misleading.
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October 7, 2020 10:47 AM
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Opinion: WTO crisis exacerbated by pandemic politics

Washington’s appeal of a softwood-lumber ruling in favour of Canada is the most recent example of the crisis facing the World Trade Organization and the urgent need to preserve order in the global trading system.

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October 7, 2020 10:22 AM
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Globe editorial: What is the Canada Infrastructure Bank? And why?

Globe editorial: What is the Canada Infrastructure Bank? And why? | Corporate governance - Vigil | Scoop.it
The Canada Infrastructure Bank, created in 2017, sounds reasonable enough on paper. Its mandate is to invest $35-billion in revenue-generating public infrastructure projects, with the goal of attracting even more investment from the private sector and pension funds.
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October 7, 2020 10:21 AM
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Ottawa set to declare plastics as toxic in blow to Alberta

Ottawa set to declare plastics as toxic in blow to Alberta | Corporate governance - Vigil | Scoop.it
Ottawa will release its preliminary list of banned single-use plastic items and announce its plan to designate plastic a toxic substance on Wednesday, according to multiple industry sources, a move Alberta fears will undermine its petrochemical sector and its goal of becoming a plastics-recycling hub.
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October 7, 2020 9:51 AM
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Opinion: Alberta can help jump-start its economy with three simple words: Come on in

Opinion: Alberta can help jump-start its economy with three simple words: Come on in | Corporate governance - Vigil | Scoop.it
Governments across Canada are still coming to grips with the COVID-19 pandemic, but looking toward recovery all the same. For Alberta, this is a uniquely challenging endeavour. Oil prices remain low, and may stay there for some time. But there are options, and one stands out: making it easier for skilled individuals to move in.
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October 7, 2020 9:29 AM
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U.K. Regulator Finds Companies Often Mute Shareholders in Remote Meetings

U.K. Regulator Finds Companies Often Mute Shareholders in Remote Meetings | Corporate governance - Vigil | Scoop.it
Britain’s biggest businesses limited shareholders’ ability to ask questions during their virtual investor meetings, raising concerns about accountability, the Financial Reporting Council said Tuesday.
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October 7, 2020 9:25 AM
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S&P Global sees U.S., European corporate default rates doubling | Reuters

The COVID-19 shock will double company default rates across the United States and Europe over the next 9 months, ratings agency S&P Global said on Tuesday, although it noted that the record downgrade pace of recent months was now slowing.
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October 7, 2020 12:07 AM
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Covid-19 Is Rewriting the Rules of Corporate Governance

Covid-19 Is Rewriting the Rules of Corporate Governance | Corporate governance - Vigil | Scoop.it

With Covid-19 decimating the economy and looming uncertainty about the depth and duration of the crisis, the decision became a complex matter of weighing and balancing multiple factors — at least for companies flush enough to consider it at all.

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October 6, 2020 1:33 PM
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As investors dump oil holdings, Canadian Natural overtakes Suncor as Canada's most valuable energy company

As investors dump oil holdings, Canadian Natural overtakes Suncor as Canada's most valuable energy company | Corporate governance - Vigil | Scoop.it
Canadian Natural Resources Ltd. has dethroned Suncor Energy Inc. as Canada’s most valuable energy company amid a selloff in domestic oil and gas stocks that has continued to erode the size of the energy industry on major North American stock indices.
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October 6, 2020 1:32 PM
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GardaWorld to engage with G4S shareholders as takeover battle heats up

GardaWorld to engage with G4S shareholders as takeover battle heats up | Corporate governance - Vigil | Scoop.it
Canadian security firm GardaWorld, which launched a hostile bid last month for larger rival G4S, said on Tuesday it will begin meeting with key G4S shareholders this week after the British company repeatedly rejected its offers.

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