Browse "Business & Economics"

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Article

Evans Brothers Piano and Manufacturing Co Ltd

Evans Brothers Piano and Manufacturing Co, Ltd. Established in London, Ont, in 1871 or 1872 under the name E.B. Litler or Littler. The brothers John and William Evans appear to have formed a partnership with Litler ca 1885.
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Article

Exchange Rates

The dollar became the official monetary unit of the Province of Canada on 1 January 1858 and the official currency of Canada after Confederation.
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Article

Exports from Canada

Exports are goods or services that residents of one country sell to residents of another country. Since its earliest days, Canada’s economic prosperity has relied on exports to larger markets; first through its colonial ties to Britain and later due to its geographic proximity to the United States. Billions of dollars of goods and services cross Canada’s border each year. (See International Trade.) Exports make up about a third of Canada’s gross domestic product (GDP). In 2019, Canadians exported $729 billion worth of goods and services. Almost 75 per cent of Canada’s total exports go to the United States. (See Canada-US Economic Relations.) Other major markets include the European Union, China and Japan.
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Macleans

Expos Bought by Loria

An ardent baseball fan since the 1950s and a minority owner of the Montreal Expos, Mark Routtenberg concedes that even his passion for the Grand Old Game waned during the past year.This article was originally published in Maclean's Magazine on December 13, 1999
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Article

Canadian Foreign Relations

Throughout its history, Canada has taken a series of steps to develop from a British colony into an independent nation. Both the First and Second World War were turning points; Canada’s military sacrifices gave it the strength and confidence to demand its own voice on the world stage. In the postwar era, Canada maintained its role in both Western and global alliances. (See NATO; NORAD; GATT.) However, economics have shaped Canadian diplomacy to a remarkable extent. Because of the United States’ singular importance to Canadian security and trade, relations with the US have dominated Canada’s foreign policy since Confederation.
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Macleans

Exxon and Mobil to Merge

This article was originally published in Maclean’s magazine on December 14, 1998. Partner content is not updated. On a chilly spring day in 1911, the decision reverberated through the executive offices of the Standard Oil Trust like a thunderclap: the worlds biggest oil company was to be broken into 34 corporate pieces by order of the U.S. government. Upon hearing this, John D.
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Article

Farm Credit Canada

Farm Credit Canada (FCC), known as the Farm Credit Corporation until 2001, was established under the Farm Credit Act of 1959. FCC is Canada's largest agricultural term lender and is dedicated to serving the financial needs of Canadian farmers. FCC is a Crown corporation that reports to the Canadian Parliament through the Minister of Agriculture and Agri-Food. (See also Department of Agriculture.)
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Article

Film Distribution in Canada

Film distribution is one of the three main branches of the film industry. It provides the link between film production and exhibition. It is also the most profitable of the three sectors and is dominated by large multinational conglomerates. Film distribution companies supply movies, television programs, videos and new media to outlets such as cinemas and broadcasters. They do so in territories where they have acquired rights from the producers. Traditionally, distribution companies are the prime source for financing new productions. The distribution sector has been called “the invisible art.” Its practices tend to only concern industry insiders and go unnoticed by audiences. American companies dominate film distribution in Canada. They have controlled access to Canadian screens since the 1920s. (See also: Canadian Film History: 1896 to 1938.)
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Article

Financial Bubbles in Canada

In economics, a bubble refers to a rapid rise in asset prices, to the point that they become disconnected from the fundamental value of the underlying asset. A change in investor behaviour is the most common cause of a bubble. When many investors rush to invest in a new technology or take advantage of low interest rates, for example, the increased demand for the asset can raise the price far above its real worth.
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Article

Financial Post

The Financial Post was a newspaper founded by John Bayne MACLEAN, who also founded MACLEAN'S magazine. Intended to provide reliable investment information, especially to the Toronto business community, The Financial Post published its first issue on 12 January 1912.
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Article

Financial Services in Canada

Financial services, as the name implies, are finance-related services that businesses provide to clients. In a Canadian context, the best example relates to the country’s large banks. The World Economic Forum ranked Canada’s large banks as the safest on the planet following the 2008 financial crisis.
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Article

Financial Times

Financial Times of Canada, The, was a weekly, tabloid-sized business newspaper first published as The Montreal Financial Times on 21 June 1912. It was purchased in 1961 by Southam-Maclean Publications Limited, a subsidiary of the Southam Company Limited, now SOUTHAM INC.
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Article

First Nations Bank of Canada

First Nations Bank of Canada (FNBC) is a Canadian chartered bank. Established in 1996 as a partnership between Saskatchewan Indian Equity Foundation (SIEF)—now Saskatchewan Indigenous Enterprise Foundation—and TD Bank, it is currently majority controlled by Indigenous shareholders. According to its mission statement, FNBC “exists to advance Indigenous prosperity and self-determination by delivering trusted, purpose-driven financial services, rooted in relationship, guided by culture and committed to long-term economic reconciliation.” (See also Reconciliation in Canada; Economic Conditions of Indigenous Peoples in Canada.)
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Article

Fiscal Policy

Fiscal policy is the use of government taxing and spending powers to manage the behaviour of the economy. Most fiscal policy is a balancing act between taxes, which tend to reduce economic activity, and spending, which tends to increase it — although there is debate among economists about the effectiveness of fiscal measures.
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Article

Flour Milling

In North America in precontact times, Indigenous people hand-ground corn and other substances (eg, acorns) into flour used in porridge, flat cakes, etc. By the middle of the 16th century, the first European settlers had arrived in New France, bringing with them their flour milling technology.
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