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 mars 2016

TransCanada CEO says don't blame pipelines for climate change

Thaddeus Holownia. Anatomy of a Pipeline, 1999-2000.

TransCanada's Energy East pipeline will be judged, in part, on the greenhouse gas emissions created by extracting the oil that will ship in the pipe. TransCanada's CEO Russ Girling says the evidence is clear that pipelines create virtually no extra greenhouse gases.

Canada's economy grew by 1.2% last year, half as much as 2014's expansion

StatsCan Jobs Cities 20150109

Canada's economy expanded by 0.2 per cent in the last three months of 2015, a slowdown from 0.6 per cent in the previous period.

Low dollar won't keep Toronto Blue Jays fans away from MLB spring training

Pillar autographs

Blue Jays fans have flocked to Dunedin, Fla., to experience spring training despite the low Canadian dollar and the high cost of travelling in the U.S. Many are cutting back on dinners and beer in order to enjoy the baseball experience.

Scotiabank Q1 profit rises 5%, hikes dividend

Scotiabank AGM 20150408

Scotiabank grew its first-quarter profit by five per cent to $1.81 billion on stronger earnings from both its Canadian and international banking operations.

Tax time 2016: New for filing this year

Fed Elxn Liberals 20151012

With a new government in power, there's plenty of talk about changes to the personal income tax regime, but very few of them will affect you for the 2015 tax year.