Browse "Business & Economics"
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Mutual Aid
Mutual Aid is the principal economic means by which Canada assisted its allies with food, raw materials and munitions from May 1943 until the end of WORLD WAR II. The Mutual Aid Board, chaired by C.D.
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Mutual Funds
An investment company may have many different mutual funds, each fund possessing different objectives and asset classes. The objectives, trading activity and asset classes of mutual funds vary widely but must be clearly stated to the investing public in a fund's prospectus.
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Macleans
Mutual Funds: Best and Worst
First, the good news: the bear didn't strike in 1997, although only the hard-of-hearing could have missed the growling and gnashing of teeth off in the distance.
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Macleans
Mutual Funds: Best and Worst
This article was originally published in Maclean’s magazine on January 27, 1997. Partner content is not updated. That, of course, is the pitch many mutual fund investors want to hear - and one the financial services industry is only too happy to pump out. But savvy investors know that in the markets, big returns often go hand in hand with big risks.
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National Bank of Canada
National Bank of Canada The National Bank of Canada, with head offices in Montréal, is a Canadian chartered bank which commenced operations in 1979 as a result of the merger between the Banque Canadienne Nationale (founded in 1859 as the Banque National; merged 1924 with Banque d'Hochelaga and new name adopted 1925) and The Provincial Bank of Canada (founded in 1861). In 1981 it purchased Laurentide Mortgage Corporation, which specialized in mortgage loan operations, and...
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Canada Energy Regulator (Formerly National Energy Board)
The National Energy Board (NEB) was established 1959. The NEB was responsible for the import and export of energy, international and interprovincial pipelines and international power lines (see Electric-Power Transmission). In 2019, the NEB was replaced by the Canada Energy Regulator (CER). Regulations made under the NEB remain in effect under the CER.
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National Energy Program
The National Energy Program (NEP) was an energy policy of the government of Canada from 1980 through 1985. Its goal was to ensure that Canada could supply its own oil and gas needs by 1990. The NEP was initially popular with consumers and as a symbol of Canadian economic nationalism. However, private industry and some provincial governments opposed it. A federal-provincial deal resolved controversial parts of the NEP in 1981. Starting the next year, however, the program was dismantled in phases. Global economic conditions had changed such that the NEP was no longer considered necessary or useful. The development of the oil sands and offshore drilling, as well as the rise in Western alienation and the development of the modern Conservative Party of Canada, are all aspects of the NEP’s complicated legacy.
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National Farmers Union
The National Farmers Union, founded 1969, was a voluntary organization of farm families. The NFU is democratically structured to assure members full control at all levels.
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National Income
National income, strictly, is a money measure of the incomes received or accruing to residents of a country as owners of the agents of production, during a specified period of time.
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Nationalization
Nationalization is the takeover of ownership and control of a privately owned enterprise by the STATE.
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Navigation Acts
The Navigation Acts were a complex set of British laws dating from 1651 and 1660, regulating British and later imperial shipping and trade to foster economic and naval power.
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Macleans
Newcourt Credit
This article was originally published in Maclean’s magazine on February 23, 1998. Partner content is not updated. Steven Hudson learned early about the power of performance-based compensation. As a teenager in Scarborough, Ont., he took a job at a bingo hall for seniors, pushing a refreshment cart up and down the aisles. The more chips and popcorn he sold, the more money he took home.
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Macleans
Newcourt Merges with CIT
This article was originally published in Maclean’s magazine on November 8, 1999. Partner content is not updated. On May 5, hundreds turned up in their finest for the première of the National Ballet of Canada's revamped production of Swan Lake. Yet, as fabulous as artistic director James Kudelka's $1.6-million production was, an equally remarkable performance had taken place before the dancing ever started.
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News Agencies
Canadian newspapers and broadcast stations depend heavily on news agencies for a regular supply of news from outside their immediate geographical area. One-third to one-half of news and editorial content comes from news agencies, also called wire services or press associations.
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