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Super Bowl to generate $150 million for Indianapolis area
The league, sponsors, Giants/Patriots fans, media, and other visitors are expected to generate $150 million in direct spending for the Indianapolis area
Category: Business
Saskatchewan’s top employers for 2012
By ILSTV Staff on Feb 03, 2012 in Business
SGI, Co-operators Life Insurance Company among winners of this year’s Top Employers
Alberta’s top 55 employers for 2012
By ILSTV Staff on Feb 02, 2012 in Business
This year’s list includes Rogers Insurance, AFSC, Alberta Blue Cross among top employers
Maple Group extends offer for exchange operator TMX Group to Feb. 29
Maple Group, the consortium of 13 financial institutions looking to take control of the owner of the Toronto Stock Exchange, is extending its takeover offer by about a month
Monique Leroux reelected as Chair of the Board, President and CEO of Desjardins Group
Leroux will begin her second and last mandate on March 31, 2012
Dissident RIM shareholder says increased involvement of Fairfax is a good start
By The Canadian Press on Jan 30, 2012 in Business
The group of companies that Watsa heads boosted its stake in RIM to 26.85 million shares, or about 5.12 per cent of RIM’s outstanding shares
The 100 most sustainable corporations
From its inception on February 1, 2005 to December 31, 2011, the Global 100 Most Sustainable Corporations has achieved a total return of 41.70%, outperforming its benchmark, (the MSCI All Country World Index at 29.30%) by more than 11%, says Corporate Knights report
Ex BP worker claims in whistleblower lawsuit he was fired for airing oil cleanup concerns
A former BP employee has filed a whistleblower lawsuit against the company, claiming he was fired for airing concerns about the cleanup after the 2010 Gulf oil spill – the worst offshore oil spill in U.S. history
Looking Ahead: Renate Mueller discusses the 2012 M&A market
By ILSTV Staff on Jan 19, 2012 in Business, Canadian Insurance, Featured, Sales, Mergers & Acquisitions
“The shareholders of these foreign-owned companies will expect that the return on equity is not just sustained but also improved.”
Renate Mueller
Red tape still ties up many Canadian businesses
CFIB’s Red Tape Report Card finds British Columbia earns top marks for its leadership
Despite efforts to improve relations, small firms still ‘intimidated’ by taxman
Words like “intimidating,” “pre-judged”, “guilty” and “witch-hunt” characterize many of the contacts businesses said they have had have with officials of the Canada Revenue Agency
Global economic freedom dipped last year, annual survey says; Hong Kong remains world’s freest
Canada slipped almost a full point to sixth place. The Heritage Foundation said Canada fell out of the group of “free” economies and into the “mostly free” category
Alberta and Saskatchewan cities to top economic growth in 2012
“Canada’s prairie cities will reap the benefits of this global demand for commodities,” says Conference Board of Canada
International Year of Co-operatives launches across Canada
Co-operatives have more than a billion members around the world and more than 18 million members in Canada
World Economic Forum warns that financial crisis is laying seeds of ‘dystopian future’
By The Canadian Press on Jan 12, 2012 in Business
“For the first time in generations, many people no longer believe that their children will grow up to enjoy a higher standard of living than theirs,” said Lee Howell from World Economic Forum
Some employers may have to double pension contributions in 2012, study predicts
In Canada, only about four in 10 workers have defined benefit plans, which seek to guarantee a set amount of income on retirement. Many companies have switched to defined contribution plans in which the eventual payout is determined by the investment performance
Top ten scams for 2012
This year’s Top Ten Scams list from the Better Business Bureau focuses on how scammers can use misrepresentation to gain consumers’ trust
Top earning Canadian CEOs make 189 times more than average worker
By ILSTV Staff on Jan 04, 2012 in Business
By noon on January 3, 2012, Canada’s top executives have made what the average Canadian takes home in a year
Firms, workers to pay $306 more for EI, CPP premiums starting Jan. 1
By The Canadian Press on Dec 30, 2011 in Business
Workers are seeing their EI premiums rise by five cents per $100 of insurable earnings to $1.83 on Jan. 1, while the maximum insurable pay increases to $45,900 from $44,200
