First Marathon, Alberta settle

Article Abstract:

First Marathon Inc. has forged an agreement with the Alberta Securities Commission over allegations that it failed to manage workers in its brokerage office in Calgary, Alberta. The penalty First Marathon has agreed to pay as part of the settlement with city officials will not be revealed until Jul. 30, 1998, when it will be presented to a hearing panel for approval. The settlement marks the conclusion of a two-year investigation in three Canadian provinces into First Marathon's involvement with Cartaway Resources Corp., a junior exploration firm.

Comment:

Forges an agreement w/ Alberta officials over allegations that it failed to manage workers in its brokerage office in Calgary

Financial Services, Finance and Insurance, First Marathon Inc., Article

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Stelco fumes as Sorbara rejects plan

Article Abstract:

The reasons behind Ontario Minister of Finance Greg Sorbara's decision to deny Stelco's restructuring plans are examined.

Government regulation (cont), Government regulation, Organizational history, Executive changes & profiles, Blast furnaces and steel mills, Legal/Government Regulation, Officials and employees, Laws, regulations and rules, Beliefs, opinions and attitudes, Steel industry, Licensing, certification and accreditation, Company restructuring/company reorganization, Reorganization and restructuring, Company organization, Stelco Inc., Canada. Finance Canada, Greg, Sorbara

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