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

lundi 30 novembre 2015

Obesity nonprofit secretly funded by Coca-Cola fizzles out

Coke Health Group

Global Energy Balance Network, a nonprofit funded by Coca-Cola to said on its website Monday night that it is "discontinuing operations due to resource limitations." The decision was effective immediately.



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

Canadian Oil Sands can stall Suncor's hostile bid for a month, regulator rules

Suncor office in Fort McMurray

Canadian Oil Sands put in place a new shareholder rights plan, also known as a poison pill defence, shortly after Suncor took its all-stock bid directly to investors, who now have until January 4 to decide on the bid.



Source:CBC | Business News http://ift.tt/1HB6G0K

Volkswagen Canada rolls out apology in huge ad campaign

Germany Volkswagen Earns

Volkswagen is rolling out its apology for the diesel emissions scandal in Canada, with an expensive nation-wide ad campaign.



Source:CBC | Business News http://ift.tt/1MRnb7R

Solar Impulse 2 will resume round-the-world flight after raising millions

SOLAR-AIRPLANE/USA

The Swiss solar-powered plane whose record-setting, round-the-world flight was put on hold in July by weather and battery trouble has raised the $27 million it needs to finish the trip, co-founder and pilot Andre Borschberg said on Monday.



Source:CBC | Business News http://ift.tt/1l2WjJ7

Davie Shipyard's $700M deal for navy supply ship retrofit to go ahead

HMCS Protecteur 20150514

The federal government will go ahead with a $700-million plan to retrofit an interim navy supply ship at Montreal's Davie Shipyard. The deal was put in jeopardy two weeks ago when the Liberals put the deal on hold for 60 days while they re-examined the initial contract.



Source:CBC | Business News http://ift.tt/1XCN7a0

Data breach at toymaker VTech could affect 5 million customers

Holiday Toys 20141104

Children's technology maker VTech says the personal information of about five million of its customers and their children may have been stolen by hackers.



Source:CBC | Business News http://ift.tt/1Nm0n1y

Brad Wall is dissenting voice in Canada's COP21 delegation

Brad Wall at COP21 in Paris

Saskatchewan's premier knows his province can do more to improve its environmental record, but he won't get swept up in the climate change talks in Paris this week.



Source:CBC | Business News http://ift.tt/1juC9pN

Saskatchewan on track for $262M deficit

saskatchewan legislature

Half-way through the financial year, the Saskatchewan government is running a $262 million deficit.



Source:CBC | Business News http://ift.tt/1YE16Pn

Paris climate summit faces dilemma of how to set binding targets

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The much-anticipated UN climate summit officially starts in Paris today with a growing sense that it may not deliver any kind of hammer to force countries to curb their emissions, other than a moral one.



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

Chinese yuan to be admitted to IMF reserve currency basket

China Rising Yuan

The International Monetary Fund announced Monday that China's currency, the yuan, will join the fund's group of international basket of reserve currencies after its meeting in Washington, D.C.



Source:CBC | Business News http://ift.tt/1Tgg76r

Cyber Monday traffic overwhelms PayPal, Target sites

EBay PayPal The Future

Users of the popular online payment processing service PayPal have reported major problems logging in or making transactions — a critical time as Cyber Monday sales are in full swing.



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

Paris climate talks begin with high hopes and lowered expectations

Cda France 20151129

As world leaders gather in Paris for the United Nations climate conference, there is hope these talks will be different from previous international negotiations and signal a fresh start.



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

BlackBerry to exit Pakistan over demand for access to its servers

BLACKBERRY-RESULTS/

BlackBerry Ltd. says it's delaying a plan to stop operating in Pakistan, but remains committed to closing up shop in that country rather than accept authorities' demand for "unfettered" access to all customer information on its BES servers.



Source:CBC | Business News http://ift.tt/21oZFqc

U.S. Thanksgiving weekend shopping moved online, retail group finds

Online shopping credit card computer 129618041

More U.S. shoppers reported making purchases online over the Thanksgiving weekend than the number who actually visited bricks-and-mortar stores, according to the National Retail Federation.



Source:CBC | Business News http://ift.tt/1NYlrr4

Beijing pollution hits extremely hazardous levels

APTOPIX China Pollution

Beijing suffered its worst air pollution of the year on Monday, with monitoring sites throughout the city reporting extremely hazardous levels of pollutants.



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

New research centre at Univ. of Waterloo seeks ways of reducing costly storm damage

Hampton Hills flooding

Property insurer Intact Financial Corp. is spending $4.25 million to help launch a new research centre at the University of Waterloo aimed at reducing the growing amount of property damage caused by severe weather.



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

Suncor Energy hostile bid for Canadian Oil Sands to be ruled on by Alberta regulator

Suncor

The Alberta Securities Commission is set to rule today in the case of a hostile bid involving two of Canada's big oilsands players.



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

Cyber Monday caution: Confessions of an online shopaholic and why you may be at risk

Michelle Summerfield shopaholic

Michelle Summerfield fell prey to the alluring world of online shopping, where it’s so easy to click money away without a second thought. Debt experts warn too many of us could end up overspending as the cyber shopping trend continues to grow.



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

CO2 and other greenhouse gases: What we can and can't measure

Oil natural gas

Greenhouse gas levels in the atmosphere have reached levels unprecedented in the past two million years. But how exactly do scientists know that? Here's how carbon dioxide and other gases linked to climate change are measured — and what we can and can't learn from that data.



Source:CBC | Business News http://ift.tt/1MPvl0o

TD Visa customers' browsing activities open to 'surveillance' by bank

Colin Laughlan

Canada's second-biggest bank is being criticized for part of its Visa cardholder agreement that allows TD Canada Trust to access and collect information on all of its customers' online activities, even those that aren't banking-related.



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

dimanche 29 novembre 2015

Canadian company's marijuana-infused coffee pods ready for brewing

pot pods CANNCUP

There may soon be a new use for your Keurig coffee maker — brewing pot. Canadian medical cannabis producer, CannTrust has created a marijuana pod. Pop it into your single-serve coffee maker to get your medicinal dose with a cup of java.



Source:CBC | Business News http://ift.tt/1MNu21W

Expect influx of foreign workers, professionals under TPP, experts say

weld-sparks

The Trans-Pacific Partnership agreement has significant implications for labour mobility to and from Canada, with experts predicting it will open the Canadian labour market to a new wave of foreign workers. That influx may or may not be offset by increased mobility for Canadian workers abroad, experts say.



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

Biggest oilpatch companies have best chance to survive

Suncor office in Fort McMurray

With so much financial pain in the oil sector, it's likely the big players have the best odds of enduring the price collapse.



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

vendredi 27 novembre 2015

Suncor Energy's hostile bid for Canadian Oil Sands in final arguments

Suncor office in Fort McMurray

Final arguments in Suncor Energy's hostile bid for Canadian Oil Sands played out before Alberta regulators on Friday.



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

Annoying robocalls, underpaid PhDs & welcome Syrian immigrants: BUSINESS WEEK WRAP

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From a consumer push to discourage robocalls to a welcome for Syrian refugees from the business world, it was a busy week in business news. CBC's Jacqueline Hansen gets you caught up in her weekly video recap.



Source:CBC | Business News http://ift.tt/1Tc2lSe

Does Canada need family farms?

farm safety

Cattle farmer Daniel Schneider says family farms are a vital part of ethical food production and need to be protected. But Colby Cosh argues the eventual disappearance of family farms might actually be good for safety and social mobility in rural Canada.



Source:CBC | Business News http://ift.tt/1So9BKF

Nestlé​ admits slavery and coercion used in catching its seafood

Seafood workers

Impoverished migrant workers in Thailand are sold or lured by false promises and forced to catch and process fish that ends up in global food giant Nestle SA's supply chains.



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

Whistleblower who exposed Canadians with secret Swiss accounts gets 5 years in prison

Hervé Falciani, HSBC whistleblower

Switzerland has sentenced a former bank employee called the "Edward Snowden of tax evasion" to five years in prison for leaking records on 106,000 account holders, including many from Canada, in a move that led to the discovery of billions in unpaid taxes.



Source:CBC | Business News http://ift.tt/1jo3YQl

Cheaper meat on the way as cattle, hog prices drop

Bosnia Pampered Cows

The prices of live cattle and hogs have dropped sharply this fall from their peaks earlier in the year, meaning cheaper meat may be on its way to supermarkets next year.



Source:CBC | Business News http://ift.tt/1kXC9Aj

Company building Maritime Link lines files for bankruptcy protection

li-maritime-link-energy-cos

A Spanish company that is building parts of the Maritime Link from Muskrat Falls has filed for bankruptcy protection.



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

U.K. fashion house to pull copied Inuit design, issues full apology

KTZ has apologized for using a sacred Inuit design

The design house Kokon To Zai has sent a letter to Salome Awa saying sorry, and promising to pull the item from its stores.



Source:CBC | Business News http://ift.tt/1Pg3URa

U.K. arrests executives as Canada Revenue Agency battles KPMG in court

KPMG

Four senior executives from the Belfast office of international accountancy firm KPMG have been arrested on tax evasion charges. KPMG is at the centre of a Canada Revenue Agency probe over tax schemes that hide money for wealthy clients.



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

Postmedia execs pocketed $1M in bonuses as company slashed jobs

Postmedia Quebecor 20141006

Executives at Postmedia Network, Canada's largest publisher of daily newspapers, took in bonuses totalling more than $1 million this year even as the company slashed its workforce in an attempt to stem deep losses.



Source:CBC | Business News http://ift.tt/1Nyo2xJ

Best Buy Canada site malfunctions on Black Friday, frustrating shoppers

Best Buy logo

One of Canada's largest tech retailers has incurred the wrath of Black Friday shoppers who say a website malfunction prevented them from taking advantage of the annual markdowns.



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

Toyota world's biggest automaker after Volkswagen sales fall in October

Japan Toyota

Toyota Motor Corp. remains the world’s top-selling automaker after Volkswagen AG sales fell 5.3 per cent in the wake of its diesel emissions scandal.



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

Chinese seek scapegoats for market plunge, sending stocks down 5.5%

APTOPIX China Financial Markets

The Shanghai Composite Index closed down 5.5 per cent on Friday in the wake of a fresh crackdown on brokers who China has deemed responsible for the bursting of the country's equity bubble this summer.



Source:CBC | Business News http://ift.tt/1Q2iVVh

TPP and Canada's misunderstood dairy industry: Don Pittis

VIETNAM-NEWZEALAND/

The economics of free trade in dairy sounds good for Canadian consumers. But experience in other countries shows that a well-run supply managment system may be better than the pure market alternative.



Source:CBC | Business News http://ift.tt/1jn8Zss

Black Friday: 5 retail tricks to watch for

Mall

Think you’re in control when you go shopping? Stores have honed the science on how to get you to buy more than you came for.



Source:CBC | Business News http://ift.tt/1jn8Zc3

jeudi 26 novembre 2015

Costco E. coli cases likely linked to vegetable mix

Costco

A California farm is recalling a vegetable mix believed to be the source of E.coli in Costco chicken salad that has been linked to an outbreak that has sickened 19 people in seven states, the Food and Drug Administration said Thursday.



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

U.S. opens door to space mining but spurs concerns for international law

hi-asteroid

U.S. President Barack Obama signed legislation on Wednesday providing a framework for space companies to mine ore from asteroids and other bodies, but legal critics are worried the measure could lead to violations of international law.



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

Avian flu risk leads to ban on bringing eggs, poultry from some U.S. states

Cage Free Chickens

Travellers are being warned not to bring poultry products from some U.S. states into Canada because of the risk of avian flu.



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

Black Friday losing appeal for cross-border shoppers

USA-HOLIDAYSALES/

With the weak Canadian dollar and the growth of online shopping, analysts predict more Canadians will stay home this year rather than join the mass shopping hysteria that pervades U.S. retailing the day after American Thanksgiving.



Source:CBC | Business News http://ift.tt/1MGtB9J

Quebec finance minister to present economic update at 3 p.m.

QUEBEC AUDITOR 20150527

Quebec Finance Minister Carlos Leitao will present the province’s economic and fiscal update this afternoon, exactly eight months after the 2015 budget was tabled.



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

Suncor warns its offer for Canadian Oil Sands will expire Dec. 4

Suncor

A Suncor Energy executive says the company won't extend its hostile takeover offer for Canadian Oil Sands past its Dec. 4 deadline.



Source:CBC | Business News http://ift.tt/1Q1an0E

Ontario forecasts $7.5B deficit next year

Finance Ministers 20131216

Ontario is projecting that its deficit for next year will be $7.5 billion, as the Liberal government maintains it can eliminate the deficit by 2017-18.



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

Alibaba reportedly in talks to buy South China Morning Post

South China Morning Post

Chinese e-commerce giant Alibaba is in talks to buy Hong Kong's leading English language newspaper, the South China Morning Post, a person with knowledge of the potential deal said Thursday.



Source:CBC | Business News http://ift.tt/1R8Pceb

Barclays pays $145M fine after ignoring money-laundering rules for rich clients

li-barclays-osbourne620-cp0

Barclays PLC has been fined £72 million ($145 million Cdn) by British regulators for failing to implement anti money-laundering controls in a series of secretive deals with rich clients.



Source:CBC | Business News http://ift.tt/1Neu0Sr

Scoop operator dies after rock fall at Goldcorp's Musselwhite mine

Goldcorp Osisko 20130502

​Goldcorp Inc. says a worker has been killed at its Musselwhite Mine in northwestern Ontario.



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

More than a third of homeowners can't cover expenses sometimes, survey suggests

Household Debt

A new survey from Manulife Bank suggests that nearly 40 per cent of Canadians have struggled to cover their household expenses at least once in the past year.



Source:CBC | Business News http://ift.tt/1MFEhp5

Raspberry Pi Zero $5 computer unveiled

Rapsberry Pi Zero

Buying the cheapest computer in the world is now cheaper than buying your lunch.



Source:CBC | Business News http://ift.tt/1T7mkRT