ARBUS101 Chapter Notes - Chapter 3: Canadian National Railway, Canada Pension Plan, Air Canada
Document Summary
Chapter 3: the role of government in business. National policy government instruction that placed high tariffs on imports from the united states to protect. Canadian manufacturing: developed by the earliest canadian governments to improve the canadian economy as (it was back then) inconvenient for trade and transportation as there weren"t railroads. As a major governmental influence on businesses, crown corporations were set up for several reasons: Provided services not being provided (i. e. air canada) Provided some special services that would not have been available (i. e. bank of canada) created to help out a major industry in trouble (i. e. canadian national railway) The financial role of two special provincial crown corporations. The alberta heritage savings trust fund (1970), handle funds provided by governmental revenues and to make decisions to benefit alberta. Caisse de depot et placement du quebec (quebec deposit and investment fund), handle funds collected by the. Quebec pension plan and other funds to help guide quebec"s economic development.