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What Went Down at CB and TL Insider’s Thought Leadership Panel at Artscape Daniels Launchpad + MORE Jun 16th
Urban centres have faced unique challenges over the course of the pandemic. As Toronto, among other cities, moves forward and focuses on creating a thriving, post-pandemic way of life; the country’s appeal on the global stage is a hot topic of interest. To get a lead on this timely discussion, TL .... More »
Small businesses welcome Ottawa's promised action on credit card fees - Canada News - Castanet.net Nov 5th
Small businesses welcome Ottawa's promised action on credit card fees - Canada News Castanet.netCredit card fees: Small businesses welcome promised action CTV NewsSmall businesses welcome Ottawa's promised action on credit card fees Ottawa.CityNews.caOttawa to regula.... More »
Business Highlights + MORE Sep 13th
Wells Fargo cutting sales goals in wake of $185 million fine
NEW YORK (AP) — Wells Fargo will cut its aggressive product sales goals for retail bankers, as it faces $185 million in fines and a damaged reputation after allegations that it opened millions of unauthorized accounts to meet those targe.... More »
One of Canada's biggest translation firms faces financial ruin amid a global trail of debts Feb 13th
Able Translations was once one of the biggest companies of its kind in Canada, but a CBC investigation has unearthed the vast extent of the firm's financial delinquency — and its machinations for dealing with it..... More »
Second Cup CFO to leave, follows exit of CEO + MORE May 12th
Second Cup Ltd. says its chief financial officer has decided to leave the company at the end of June, the second high-ranking executive departure announced by the coffee company this week..... More »
30 days – 1.75%
– ratesupermarket.ca
This GIC rate is offered by Oaken Financial and was updated on 2014-06-06. Click on the link above to get more details or apply online.
90 days – 1.75%
– ratesupermarket.ca
This GIC rate is offered by Oaken Financial and was updated on 2014-06-06. Click on the link above to get more details or apply online.
120 days – 1.75%
– ratesupermarket.ca
This GIC rate is offered by Oaken Financial and was updated on 2014-06-06. Click on the link above to get more details or apply online.
Why Quebec is closed for business
– macleans.ca
REUTERS/Mathieu BelangerIt’s been a little more than a month since the Liberal government of Quebec Premier Philippe Couillard released its belt-tightening budget, and since then everyone from movie producers and doctors to teachers and mayors has griped about the cuts it promises. They shouldn’t be surprised. Couillard campaigned on a pledge to fix Quebec’s “economic fiasco.” But a new report from the C.D. Howe Institute offers a stark reminder of how difficult that task will be.
The report, authored by Philip Cross, the former chief economist at Statistics Canada, shows the extent to which the economies of Ontario, Quebec and the Maritimes now rely on public sector versus private sector investment for growth. Condensed version: a whole honking lot. Investment spending refers to money spent on structures, machinery and equipment, and since 2000, the report notes, public sector investment as a share of GDP has nearly doubled in Quebec to almost six per cent. At the same time, business investment—you know, by actual companies—has stagnated at seven per cent…
Burberry shareholders revolt over pay package for luxury house’s new CEO Christopher Bailey
– canadianbusiness.com
LONDON – Shareholders of luxury British fashion house Burberry have voted to reject a multimillion-pound pay package for the brand’s new chief.
Results of voting at Burberry’s annual general meeting Friday showed that 52.7 per cent of shareholders protested the earnings Christopher Bailey is expected to receive.
Bailey was appointed chief executive in May on top of being the brand’s chief designer. He received a one-time award of 500,000 shares worth some 7 million pounds ($12 million) last year and also receives 1.1 million pounds ($1.9 million) in salary, bonuses up to twice the salary and cash allowances.
Friday’s vote was non-binding but it was a rare revolt by shareholders over executive salaries. Chairman John Peace said he was disappointed and he would talk to investors to try to address their concerns.
The post Burberry shareholders revolt over pay package for luxury house’s new CEO Christopher Bailey appeared first on Canadian Business.
Results of voting at Burberry’s annual general meeting Friday showed that 52.7 per cent of shareholders protested the earnings Christopher Bailey is expected to receive.
Bailey was appointed chief executive in May on top of being the brand’s chief designer. He received a one-time award of 500,000 shares worth some 7 million pounds ($12 million) last year and also receives 1.1 million pounds ($1.9 million) in salary, bonuses up to twice the salary and cash allowances.
Friday’s vote was non-binding but it was a rare revolt by shareholders over executive salaries. Chairman John Peace said he was disappointed and he would talk to investors to try to address their concerns.
The post Burberry shareholders revolt over pay package for luxury house’s new CEO Christopher Bailey appeared first on Canadian Business.
