Abstracts » Business, international

Reconciling two different visions

Article Abstract:

The continuing debate on the constitutional future of Canada has encouraged Canadians to take on one of two markedly different visions of federalism. The 'communities' vision is a decentralized concept of government wherein emphasis is on the needs of each province. The 'broad' vision calls for equity among all Canadians as facilitated by a federal government operating under a uniform tax policy. In its 28th Annual Review 'A Joint Venture,' the Economic Council of Canada examines fiscal policy in an intergovernmental context and discusses the effectivity of such a policy to provincially autonomous governments. A close examination of the two perceptions shows certain disadvantages arising from the implementation of either vision separately. What is suggested is a reconciling of the two visions to preserve economic union while maintaining a certain degree of autonomy for the provinces.

Economic aspects, Federalism, Economic policy, Fiscal policy

---

Mergers and acquisitions

Article Abstract:

The use of acquisitions and mergers as a means for corporate expansion of Canadian companies did not have an effect on the financial growth of the acquired firms. A study conducted by the Economic Council of Canada on more than 100 public companies that underwent takeovers and mergers within the period 1968-1983 showed that no changes in profitability occurred for the median of all companies surveyed.

Acquisitions and mergers, Economic development

---

Some parts © 2012 Advameg, Inc.