In thick and thin

Article Abstract:

The mid-1990's upturn in the fortunes of Canadian corporations has generated an expectation among unions that wages will increase, but thus far in 1995, average wage increases have been running at half the annual inflation rate. Canadian firms will suffer if labor-management peace is not maintained.

Column, Labor relations, Wages, Wages and salaries, Labour relations

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The debt doctors

Article Abstract:

The team of Robert Miller and Gerald Greenwald is attempting to restructure and reschedule the massive debts of Olympic & York Developments Ltd. The company only recently admitted it could not meet its debts, which are estimated at anywhere from $14.3 to $23 billion.

Practice, External debt relief, Debt relief, Debt financing (Corporations), Debt financing, Miller, Robert, Greenwald, Gerald

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The rating game

Article Abstract:

Dominion Bond Rating Service is one of four companies that rates the financial health of corporations to determine their credit worthiness. Olympia & York recently had its rating lowered. Factors used to rate corporations are explained.

Methods, Evaluation, Securities, Credit ratings, Dominion Bond Rating Service Ltd.

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