PM's daughter linked to bank in loan furor

Article Abstract:

The Progressive Conservatives have released documents showing that Michel Vennat, the president of the Business Development Bank of Canada, had close business ties to the daughter of Prime Minister Jean Chretien. The Prime Minister's relationship with the BDC is already under fire due to a controversial loan from the bank that went to a personal friend.

Cases, Political activity, Chretien, Jean, Conservative Party of Canada, Vennat, Michel, Business Development Bank of Canada

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WTO accord imperils Wheat Board

Article Abstract:

Member of the 147-nation World Trade Organization (WTO) revived global trade negotiation with a framework agreement aimed at cutting agricultural tariffs and subsidies on August 2, 2004. The framework agreement is not a trade deals in itself, but an outline for more detailed negotiations scheduled for in 2005.

Forecasts, trends, outlooks, Administration of General Economic Programs, Trade Negotiations, Wheat, Forecasts and trends, Market trend/market analysis, World Trade Organization, Agricultural subsidies, Wheat industry

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Bank bidding wars expected

Article Abstract:

Canada's prohibiting of first-mover advantage in bank merger proposals could bring a bidding war for smaller bank acquisitions. This is especially the case for the Bank of Montreal.

Strategy & planning, Acquisitions & mergers, Planning, Mergers, acquisitions and divestments, Company acquisition/merger, Bank of Montreal, Company business planning

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