BUSI 1800 Chapter Notes - Chapter 4: Canadian National Railway, Canada Pension Plan, Fiscal Policy
2 Feb 2017
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6 categories of gov"t that can affect business: crown corporations, laws & regulations, government expenditures, purchasing policies, taxation & financial, services policies. Crown corporations: companies owned by federal/provincial gov"ts; for example : caisse de d p t et placement du qu bec, hydro-qu bec, canada mortgage & housing corp, canada post corp, ontario lottery & gaming corp. Created to bail out a major industry in trouble 1919 canadian national. The financial role of 2 special provincial crown corps: alberta heritage savings trust fund (1970s) gov"t set aside oil royalty revenue. Ch 4: the role of government in business: caisse de depot et placement du qu bec established to handle funds of. The role for gov"t: measures to reduce gov"t role in economy since 1990s minor revolution in canadian history, privatization: process of selling publicly-owned corps, deregulation: gov"t withdraws certain laws & regulations that seem to hinder competition. Political parties in power can greatly affect business env"t.
