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

mercredi 30 mars 2016

Ottawa seeks WTO ruling on U.S. duties on Canadian paper

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Ottawa says it wants the World Trade Organization to look into U.S. countervailing duties on almost $1 billion in annual exports of supercalendered paper from Canada.

BP Canada delays Nova Scotia offshore oil drilling

BP Gulf Settlement

A BP Canada oil exploration project scheduled to take place offshore Nova Scotia will be pulled on hold until 2018.

University of Toronto rejects calls to dump holdings in fossil fuel industry

uoft divestment ff collage

The University of Toronto has rejected recommendations to sell off its fossil fuel investments, but says it will consider environmental, social and governance factors in making investment decisions.

Home internet is essential, but too pricey, CRTC survey suggests

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Canadians rely on home internet more than any other telecommunications service, but most are dissatisfied with the price, suggests a new survey commissioned by Canada's telecommunications regulator.

Give economy another 2 years to work out oil shock, says central banker

U.S. oil derrick

A senior Bank of Canada official says it will likely take more than two years for the country's economy to fully adjust to the commodity price shock.

BPA still found in most food can linings: report

Toxic Cans Too Scary

Food cans sold by Canadian and U.S. retailers still frequently contain bisphenol A or BPA, according to a new report by environmental advocates.