Business & Economics | The Canadian Encyclopedia

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  • Article

    Mendelssohn Piano Company

    The Mendelssohn Piano Company. A leading Toronto manufacturer of pianos in the early 1900s. It was formed by Henry Durke (b Liverpool 1863, d Toronto 1929) and David M. Best with assets of an unsuccessful company of the same name purchased in 1892 by Durke.

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  • Article

    Mercantile Bank of Canada

    Mercantile Bank of Canada had head offices in Montréal. The Mercantile Bank operated a general banking business through 13 branches and one representative office.

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  • Article

    Mercantilism

    Mercantilism is an economic theory and policy practised during Canada’s colonial periods. The theory of mercantilism holds that there is a fixed amount of wealth in the world. A nation’s wealth is thus dependent on exporting (selling to other countries) more than it imports (buying from others). European nations — including France and England (later Great Britain) — used this system to their advantage from the 16th century through the mid-19th century. The purpose was to extract as much wealth as possible from the colonies without investing much into them. The Atlantic slave trade is also inextricably linked to mercantilism. (See Black Enslavement in Canada.)

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  • Macleans

    Mercedes-Chrysler Merge

    This article was originally published in Maclean’s magazine on May 18, 1998. Partner content is not updated. No, Levi-Strauss is not in talks to merge with Italy's Armani. Nor, as far as anyone knows, is McDonald's planning to team up with a chain of snooty French restaurants.

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  • Macleans

    Merrill Lynch Buys Midland Walwyn

    This article was originally published in Maclean’s magazine on July 6, 1998. Partner content is not updated. How's this for a long-range forecast? In 1989-1990, when a mid-sized Canadian investment brokerage called Midland Doherty Financial Corp. was running on empty, management did the rounds of all the big banks and fund managers in an attempt to sell enough cheap equity to keep the firm going.

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  • Article

    Metropolitan Opera

    Metropolitan Opera. This illustrious and venerable (founded 1883) New York company has influenced the development of opera in Canada through its tours, broadcasts, and talent-development programs.

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  • Macleans

    Mexican Peso Slides

    While Canada's dollar crisis reached a boiling point last week, Mexican Foreign Minister José Angel Gurria was in Canada for emergency meetings with bankers and senior federal ministers in an effort to shore up confidence in his country's own floundering currency.This article was originally published in Maclean's Magazine on January 23, 1995

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  • Macleans

    Mexico's Peso Crisis

    He has been dubbed the Accidental President - a shy, uncharismatic technocrat who won the highest office in Mexico almost by default after the assassination of the chosen candidate. And ever since he was sworn in on Dec.This article was originally published in Maclean's Magazine on January 16, 1995

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  • Macleans

    Microsoft Buys into Rogers

    Call it convergence. Bill Gates, in Toronto last fall for the first time in a couple of years, runs into Ted Rogers in the middle of the lobby of the Royal York Hotel. Rogers, who would love to collaborate with Gates's gigantic Microsoft Corp.This article was originally published in Maclean's Magazine on July 26, 1999

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  • Article

    Microsoft Canada Inc

    Microsoft Canada Inc is the Canadian subsidiary of Microsoft Corporation, a US-based computer products, services and software company founded by Bill Gates and Paul Allen in 1975. The Canadian arm was established in 1985 and headquartered in Mississauga, Ontario.

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  • Macleans

    Microsoft Declared a Monopoly

    You can tell a lot about Bill Gates' state of mind from the way he dresses. Much of the time, the chairman of Microsoft Corp. looks as though he's just rolled out of bed - his clothes are casual and rumpled, his hair is uncombed and his shoulders are speckled with dandruff.This article was originally published in Maclean's Magazine on April 17, 2000

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  • Macleans

    Microsoft Rescues Apple

    They just have no taste. They don’t think of original ideas. - Steven Jobs of Apple Computer Inc. on Bill Gates’s Microsoft Corp.This article was originally published in Maclean's Magazine on August 18, 1997

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  • Macleans

    Microsoft Under Siege

    The man is clearly frightened. Insisting on anonymity, he lowers his voice and lets loose a stream of criticism. As one of Canada's largest sellers of desktop computers, he rails against the "massive power" of Microsoft Corp.This article was originally published in Maclean's Magazine on June 1, 1998

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  • Article

    Minimum Wage in Canada

    Minimum wage is the lowest wage rate that an employer is legally permitted to pay to an employee. In Canada, provinces and territories regulate minimum wage (see Provincial Government in Canada; Territorial Government in Canada). The federal government also sets a minimum wage for employees covered by Part III of the Canada Labour Code. Minimum wage policy was originally established to protect vulnerable workers from exploitation, and it continues to be used by governments to safeguard non-unionized workers (see Labour Force; Unions).

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  • Article

    Mining

    Mining is one of Canada’s primary industries and involves the extraction, refining, and/or processing of economically valuable rocks and minerals. Mineral products (including gold, silver, iron, copper, zinc,  nickel) are critical to modern industrial society. Although mining has been key to Canadian settlement and development, in recent decades the industry has also been criticized for its environmental and social impacts. Canada remains one of the world’s leading mining countries and has become a centre of global mining finance and expertise.

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