Corporate governance - Vigil
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February 21, 2020 10:02 AM
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Sandpiper acquires 10-per-cent stake in Dream Office

Sandpiper acquires 10-per-cent stake in Dream Office | Corporate governance - Vigil | Scoop.it
Sandpiper Group said it has taken a 10-per-cent stake in Dream Office REIT, as the private-equity company seeks exposure to the booming office market in Toronto.
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February 21, 2020 10:02 AM
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Toronto software firm Dye & Durham set to launch $150-million IPO within weeks: sources

Toronto software firm Dye & Durham set to launch $150-million IPO within weeks: sources | Corporate governance - Vigil | Scoop.it
Legal software provider Dye & Durham Corp. plans to file next month to raise $150-million in an initial public offering on the Toronto Stock Exchange.
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February 21, 2020 9:54 AM
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Loblaw profit rises as e-commerce revenue nearly doubles to hit $1 billion

Loblaw profit rises as e-commerce revenue nearly doubles to hit $1 billion | Corporate governance - Vigil | Scoop.it
E-commerce revenue more than doubled to $1 billion
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February 21, 2020 9:53 AM
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Canada’s shadow banks are now too big to ignore

Canada’s shadow banks are now too big to ignore | Corporate governance - Vigil | Scoop.it
Opinion: In trying to judge the likely effects of a given interest rate hike, the Bank of Canada needs to take the shadow sector into account
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February 21, 2020 9:52 AM
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RBC hikes dividend after dealmaking division proves its worth again

RBC hikes dividend after dealmaking division proves its worth again | Corporate governance - Vigil | Scoop.it
Earnings top estimates, setting a benchmark for the other large Canadian lenders
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February 21, 2020 9:50 AM
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Investors and short sellers are diving into this new cult stock that one analyst calls ‘Tesla Junior’

Investors and short sellers are diving into this new cult stock that one analyst calls ‘Tesla Junior’ | Corporate governance - Vigil | Scoop.it
Money-losing company has surged over 400 per cent since early December
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February 21, 2020 9:49 AM
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Spheres of influence - The Bundesbank is caught between a doveish ECB and a suspicious public | Finance and economics

Spheres of influence - The Bundesbank is caught between a doveish ECB and a suspicious public | Finance and economics | Corporate governance - Vigil | Scoop.it
Its influence over policy has waned, but it is still popular at home
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February 21, 2020 9:48 AM
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Will Morgan Stanley’s ETrade deal herald more banking takeovers? | Financial Times

Will Morgan Stanley’s ETrade deal herald more banking takeovers? | Financial Times | Corporate governance - Vigil | Scoop.it
The fight for middle America’s wallets is fuelling talk of further consolidation
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February 21, 2020 9:46 AM
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Investment banking revenues fall to lowest since 2008 | Financial Times

Investment banking revenues fall to lowest since 2008 | Financial Times | Corporate governance - Vigil | Scoop.it
Industry data also show increasing job cuts as lenders bulk up in other areas instead
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February 21, 2020 9:32 AM
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Key Governance Lessons from the New Association of Corporate Counsel Survey

The newly released Chief Legal Officers survey (“Survey”) from the Association of Corporate Counsel (“ACC”)[1] is an important governance development to the extent that it supports a board’s ability to exercise oversight of its company’s legal department. Overall, the ACC findings underscore the organizational value of a CLO hierarchically positioned to influence corporate strategy.
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February 20, 2020 9:55 AM
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Via Rail temporarily lays off 1,000 employees as blockades snarl passenger service

Via Rail temporarily lays off 1,000 employees as blockades snarl passenger service | Corporate governance - Vigil | Scoop.it
Since the protests began on Feb. 6, Via Rail has cancelled more than 470 trains, affecting nearly 100,000 passengers
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February 20, 2020 9:55 AM
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OMERS names new head of private equity group

OMERS names new head of private equity group | Corporate governance - Vigil | Scoop.it
The Ontario Municipal Employees Retirement System named Michael Graham as the new head of its $14-billion private-equity portfolio on Wednesday, a move that comes as the pension fund manager ramps up investments in income-producing assets and Asian markets.
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February 20, 2020 9:54 AM
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Bankrupt clothing retailer Forever 21 acquired by group including Brookfield

Bankrupt clothing retailer Forever 21 acquired by group including Brookfield | Corporate governance - Vigil | Scoop.it
Forever 21 has a new lease on life after Simon Property Group Inc., Brookfield Property Partners LP and Authentic Brands Group LLC agreed to acquire the bankrupt teen fashion retailer.
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February 21, 2020 10:02 AM
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Telus CEO says company will cut 5,000 jobs if forced to open wireless networks to resellers

Telus CEO says company will cut 5,000 jobs if forced to open wireless networks to resellers | Corporate governance - Vigil | Scoop.it
The chief executive officer of Telus Corp. says he has been instructed by the company’s board to cut $1-billion in network investments and slash 5,000 jobs over the next five years if carriers are forced to drop their prices by 25 per cent or open up their networks to wireless resellers.
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February 21, 2020 10:01 AM
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Teck Resources says it faces $1.1-billion hit on Frontier oil sands project without federal approval

Teck Resources says it faces $1.1-billion hit on Frontier oil sands project without federal approval | Corporate governance - Vigil | Scoop.it
Teck Resources Ltd. says it would be forced to take a write down of $1.1-billion on the Frontier oil sands project if the federal government doesn’t approve it.
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February 21, 2020 9:54 AM
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Prices at the Ontario Cannabis Store have decreased dramatically since legalization

Prices at the Ontario Cannabis Store have decreased dramatically since legalization | Corporate governance - Vigil | Scoop.it
Drop in prices a result of rising cannabis supply and a proliferation of product offerings from producers
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February 21, 2020 9:53 AM
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CIBC plans to shuffle executives, cut 2,000 jobs as it aims to improve mortgage lending, control expenses

CIBC plans to shuffle executives, cut 2,000 jobs as it aims to improve mortgage lending, control expenses | Corporate governance - Vigil | Scoop.it
Canadian Imperial Bank of Commerce is expected to make major changes to its senior executive ranks and announce about 2,000 jobs cuts when it reports fiscal first-quarter earnings next week, according to sources familiar with the plan.
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February 21, 2020 9:50 AM
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OSC proposes mutual fund restrictions to protect seniors from large penalties

OSC proposes mutual fund restrictions to protect seniors from large penalties | Corporate governance - Vigil | Scoop.it
New rules would prohibit the sale of mutual funds with the deferred sales charge option to clients who are 60 and older
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February 21, 2020 9:50 AM
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Big tech - How to make sense of the latest tech surge | Leaders

Big tech - How to make sense of the latest tech surge | Leaders | Corporate governance - Vigil | Scoop.it
The big tech firms’ shares have been on a tear
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February 21, 2020 9:48 AM
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The shot for the sky that brought Bombardier low | Financial Times

The shot for the sky that brought Bombardier low | Financial Times | Corporate governance - Vigil | Scoop.it
Building a new commercial aircraft is a mammoth gamble, as the C Series has proved
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February 21, 2020 9:48 AM
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Can the art world clean up its act? | Financial Times

Can the art world clean up its act? | Financial Times | Corporate governance - Vigil | Scoop.it
In the secretive art market, new anti-money laundering legislation has landed like a bomb
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February 21, 2020 9:33 AM
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Sprint, T-Mobile to give Deutsche Telekom higher stake after merger

Sprint, T-Mobile to give Deutsche Telekom higher stake after merger | Corporate governance - Vigil | Scoop.it
Sprint and T-Mobile have agreed to amend their merger deal agreement to give Deutsche Telekom a higher ownership stake in the new combined company.
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February 20, 2020 10:08 AM
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The 31 Most Notable CEO Departures of 2019, a Record-Breaking Year for CEO Exits | The Org

The 31 Most Notable CEO Departures of 2019, a Record-Breaking Year for CEO Exits | The Org | Corporate governance - Vigil | Scoop.it

2019 has been referred to as the year of the great CEO exodus. Indeed, it was a record-breaking year for CEO departures. As of year-end, 1,640 chief executives had left U.S. companies, according to executive placement firm Challenger, Grey, and Christmas. This is greater than the number of CEOs who exited in 2008 at the start of the financial crisis, which saw 1,452 departures.

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February 20, 2020 9:55 AM
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Gildan reports lower fourth-quarter profit and sales, but raises quarterly dividend

Gildan reports lower fourth-quarter profit and sales, but raises quarterly dividend | Corporate governance - Vigil | Scoop.it
Gildan Activewear Inc. reported its fourth-quarter profit fell compared with a year earlier as the company also saw sales fall and it recorded a charge related to a shift in strategy.
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February 20, 2020 9:55 AM
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Cogeco says cellphone bills would drop if CRTC forces reluctant national carriers to open networks to wireless resellers

Cogeco says cellphone bills would drop if CRTC forces reluctant national carriers to open networks to wireless resellers | Corporate governance - Vigil | Scoop.it
Canada’s large national carriers should be forced to open up their wireless networks because they have been unwilling to enter into commercial agreements with wireless resellers, the chief executive of Cogeco Inc. says.
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