Sole proprietorship

A sole proprietorship, also known as a sole trader, is owned by one person and operates for their benefit. The owner may operate the business alone or with other people.

Partnership

A partnership is a business owned by two or more people. In most forms of partnerships, each partner has unlimited liability for the debts incurred by the business. The three most prevalent types of for-profit partnerships are general partnerships, limited partnerships, and limited liability partnerships.

Corporation

The owners of a corporation have limited liability and the business has a separate legal personality from its owners. Corporations can be either government-owned or privately owned. They can organize either for profit or as not-for-profit organizations.

Cooperative

Often referred to as a "co-op", a cooperative is a limited liability business that can organize for-profit or not-for-profit. A cooperative differs from a corporation in that it has members, not shareholders, and they share decision-making authority.

Restructuring state enterprises

In recent decades, various states modeled some of their assets and enterprises after business enterprises. In 2003, for example, the People's Republic of China modeled 80% of its state-owned enterprises on a company-type management system

mardi 1 septembre 2015

CanJet, Halifax-based airline, to suspend flight operations indefinitely

CanJet Airlines

CanJet, a Halifax-based charter airline, will be suspending flight operations effective today, the company's president says.



Source :CBC | Business News http://ift.tt/1JvLcNN

CanJet, Halifax-based airline, to suspend flight operations indefinitely

CanJet Airlines

CanJet, a Halifax-based charter airline, will be suspending flight operations effective today, the company's president says.



Source:CBC | Business News http://ift.tt/1JvLcNN

Canadian greenhouse gas emissions from electricity cut by 22% in 5 years

power lines Alberta

The electrical generating sector reduced greenhouse gas emissions by 5.8 per cent in 2014 and 22 per cent over the past five years, the Canadian Electricity Association says.



Source :CBC | Business News http://ift.tt/1Ew8ZAe

Google unveils new logo, branding

Google logo

Google has unveiled a new logo and branding designed to let people know they're using Google no matter what device or app they're on.



Source :CBC | Business News http://ift.tt/1PJf8K1

Canadian greenhouse gas emissions from electricity cut by 22% in 5 years

power lines Alberta

The electrical generating sector reduced greenhouse gas emissions by 5.8 per cent in 2014 and 22 per cent over the past five years, the Canadian Electricity Association says.



Source:CBC | Business News http://ift.tt/1Ew8ZAe

Google unveils new logo, branding

Google logo

Google has unveiled a new logo and branding designed to let people know they're using Google no matter what device or app they're on.



Source:CBC | Business News http://ift.tt/1PJf8K1

Yahoo CEO Marissa Mayer expecting twin girls

Yahoo CEO Marissa Mayer

Yahoo Inc. chief executive Marissa Mayer announces in a Tumblr post that she is pregnant with twins due in December.



Source :CBC | Business News http://ift.tt/1FgtSKU

Yahoo CEO Marissa Mayer expecting twin girls

Yahoo CEO Marissa Mayer

Yahoo Inc. chief executive Marissa Mayer announces in a Tumblr post that she is pregnant with twins due in December.



Source:CBC | Business News http://ift.tt/1FgtSKU

TSX dumps 300 points as oil loses $3 a barrel

investment-tax

The Toronto Stock Exchange loses more than 300 points after Statistics Canada numbers showed Canada's economy shrank the first half of 2015.



Source :CBC | Business News http://ift.tt/1NVldou

TSX dumps 300 points as oil loses $3 a barrel

investment-tax

The Toronto Stock Exchange loses more than 300 points after Statistics Canada numbers showed Canada's economy shrank the first half of 2015.



Source:CBC | Business News http://ift.tt/1NVldou

Gas shortages to continue in Nova Scotia if supply management not fixed

mcteague_dan051127

As the gas shortages across the province start to ease, an analyst warns the fuel drought that hit Nova Scotia over the weekend is likely to recur if changes aren't made to the management of supply.



Source:CBC | Business News http://ift.tt/1Uk6xEi

Gas shortages to continue in Nova Scotia if supply management not fixed

mcteague_dan051127

As the gas shortages across the province start to ease, an analyst warns the fuel drought that hit Nova Scotia over the weekend is likely to recur if changes aren't made to the management of supply.



Source :CBC | Business News http://ift.tt/1Uk6xEi

Why a big slump in South Korea’s exports matters

A rarer sight these days

NEW trade figures from South Korea on September 1st surprised even the gloomiest of economic forecasters. The country’s exports shrank by the largest annual amount in six years, down 14.7% last month from a year earlier to under $40 billion, according to the ministry of trade, industries and energy. Few analysts had expected more than a 6% drop: though exports have dropped every month since January, they declined just 3.4% in July in annual terms. Morgan Stanley, an investment bank, tempered its growth forecast for South Korea down to 2.3% from 2.5% for the year.  

Exports account for roughly half of South Korea’s GDP—and a quarter of all those go to China, its biggest trading partner. South Korea has been struggling with the rise of its currency, the won, against the Japanese yen in key export markets; now China’s successive devaluations have started to bite. Provisional figures released today showed that South Korean car shipments dropped steeply in August, by nearly a third. Though exports of smartphones rose, fast-rising Chinese handset makers are increasingly vying with Samsung...Continue reading

Source :Business and finance http://ift.tt/1NVdJBG

Penn West cuts 400 jobs

Oil Prices Environment

Penn West Petroleum Ltd. is cutting its workforce by 400 full-time employees and contractors, with most of the cuts coming at the company's head office in Calgary.



Source :CBC | Business News http://ift.tt/1EvaOxq

Penn West cuts 400 jobs

Oil Prices Environment

Penn West Petroleum Ltd. is cutting its workforce by 400 full-time employees and contractors, with most of the cuts coming at the company's head office in Calgary.



Source:CBC | Business News http://ift.tt/1EvaOxq

When a 26% plunge in GDP feels fine

WITH unemployment at 25%, government debt at more than 170% of GDP, and the country’s politics in turmoil, the 26% peak-to-trough decline in output brought about by the euro-zone crisis has been highly traumatic for Greece. Yet the government of Macau, the one-time Portuguese colony now the world’s gambling capital, just released figures showing that the territory’s GDP fell by 26.4% year-on-year in the second quarter. But at first blush Macau’s real economy appears to be doing rather fine. In spite of the steep fall in GDP, unemployment remained at its full employment level of 1.8%, private consumption grew and the territory’s government ran a budget surplus. Is the Macanese economy also about to run off a cliff?
 
It turns out that not all GDP is created equal. Macau, which in 2014 boasted GDP per head of $89,000, owes its prosperity to its casinos, which alone account for almost half of total output. The Chinese government’s anti-corruption campaign has caused gaming revenues to decline by 40% and other tourism revenues to fall by 21.5%. With gaming and tourism accounting for such a large share of total...Continue reading

Source :Business and finance http://ift.tt/1KChniT

GDP figures from Statistics Canada expected to show slide into recession

CANADA/

Statistics Canada is releasing GDP data today that is expected to show that the country slipped into a technical recession in the second quarter.



Source:CBC | Business News http://ift.tt/1JuthHp

GDP figures from Statistics Canada expected to show slide into recession

CANADA/

Statistics Canada is releasing GDP data today that is expected to show that the country slipped into a technical recession in the second quarter.



Source :CBC | Business News http://ift.tt/1JuthHp

U.S. border wall floated by Scott Walker would be logistical nightmare

GOP 2016 Walker

A barrier along the Canada-U.S. border — an idea floated in an interview with a Republic presidential hopeful — would be a logistical nightmare, since the boundary runs through homes, airports, farms and even an opera house.



Source :CBC | Business News http://ift.tt/1MZznny

U.S. border wall floated by Scott Walker would be logistical nightmare

GOP 2016 Walker

A barrier along the Canada-U.S. border — an idea floated in an interview with a Republic presidential hopeful — would be a logistical nightmare, since the boundary runs through homes, airports, farms and even an opera house.



Source:CBC | Business News http://ift.tt/1MZznny

House hunters make personal pleas in hot markets

Kate Whyte house hunting real estate

Classified ads, leafleting, letter writing and door knocking are just some measures that desperate home are resorting to in hot markets like Toronto and Vancouver, where prices are shooting sky-high and supply is running low.



Source :CBC | Business News http://ift.tt/1Eyn2FP

Canada lagging in global push to teach kids computer coding

Children and Computer Science Coding

Britain has become the latest country to start teaching computer coding in primary schools, on the assumption that tomorrow's workers need to know more tech than merely checking their Facebook feed. Why is Canada ignoring this trend?



Source :CBC | Business News http://ift.tt/1Eyn2FL

House hunters make personal pleas in hot markets

Kate Whyte house hunting real estate

Classified ads, leafleting, letter writing and door knocking are just some measures that desperate home are resorting to in hot markets like Toronto and Vancouver, where prices are shooting sky-high and supply is running low.



Source:CBC | Business News http://ift.tt/1Eyn2FP

Canada lagging in global push to teach kids computer coding

Children and Computer Science Coding

Britain has become the latest country to start teaching computer coding in primary schools, on the assumption that tomorrow's workers need to know more tech than merely checking their Facebook feed. Why is Canada ignoring this trend?



Source:CBC | Business News http://ift.tt/1Eyn2FL