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Rogers and Shaw may wish they hadn’t proposed a merger at all
When the proposed mergers of Royal Bank RY-T unchno changeand Bank of Montreal BMO-T +0.14% increase, and Canadian Imperial Bank of Commerce CM-T +0.34% increase and Toronto-Dominion Bank TD-T +0.64% increase, were finally turned down by the federal government in 1998, the merger proponents at Canada’s major banks were probably relieved. The cost, in corporate…
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Rogers and Shaw may wish they hadn’t proposed a merger at all
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Miners & Manufacturers Beware: Canada To Review Overseas Human Rights Abuses
The Office of the Canadian Ombudsperson For Responsible Enterprise (“CORE’) is open for business. Established by Order in Council and not legislation, CORE has no enforcement powers nor can it compel witnesses to appear or even cooperate. This has disappointed many advocates. CORE can conduct reviews “concerning an alleged human rights abuse” arising from a Canadian…
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Bank of Canada Accelerating Its Consideration Of A “Digital Loonie”
We have previously flagged the growing threat of private digital currencies to official (paper) currency. In a recent speech the Deputy Governor of the Bank of Canada confirmed that the Bank is accelerating its consideration of the role and form of an official digital currency. This is the result of the declining use of cash during the…
