...Exploring The Role Of Government Watchdogs In Canada And Its Influence On Society, Economics, And Politics Introduction In our increasingly neoliberalized and privatized society, the concept of governance and ethical conduct has been falling from the grips of public dialogue and discussion. Self-regulation has become a “mantra for both governments and private industry in the neoliberal era (Burch et al., 2013, p. 259). Given the onset of recent environmental disasters related to the oil and gas industry, the oligarchic telecommunications industry, and our crippling health care system, the role for government watchdogs becomes ever more so important. Thus for any type of change to occur, effective governance is important as it must also progress with any changes in society (Marin, 2009). For this to occur, this requires an ombudsman - also known as a watchdog, or adjudicator who has the “power to set standards and apply sanctions” (Burch et al., 2013, p. 259). The ombudsman or watchdog acts as a “moral compass and societal conscience,” making it even more relevant in today’s 21st century (Marin, 2009). However, in the event that the ombudsman/watchdog model is unable to help with any type of meaningful reform or provide justice, it starts to experience public criticism. Therefore, the focus of this paper will be to explore the role of government watchdogs in Canada and their decreasing influence on public and private sector institutions. In doing so, it will be understood...
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...California yet it is a wholly owned subsidiary of the Ontario Teachers’ Pension Plan Board, one of Canada’s largest pension systems. Glass Lewis currently maintains approximately 37% of the market share for proxy advisory services. Glass Lewis provides services to shareholders to research and provide analysis proposals being put up for a vote. These votes analyzed include, election of Board members, ratification of compensation, ratification of the auditors, changes in the company's bylaws, companies strategy and exposure to risks and other important or relevant social and environmental issues that may have a significant impact to the companies long term performance. Glass Lewis empowers institutional investors that collectively manage $20 trillion to make sound voting decisions by uncovering and assessing governance, business, legal, political and accounting risks at issuers domiciled in 100 countries. Services Viewpoint: vote management platform that supports all aspects of governance program, from the engagement of members before, during and after the proxy season, to the implementation of custom policies, to the internal collaboration that results in a final vote decision Proxy Paper: features case-by-case, independent analysis of all the proposals contained in tens of thousands of meetings held each year across more than 100 markets worldwide. Meetyl: a global, web-based platform that helps users drive maximum returns of hundreds of users that can access the...
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...decisions we make that effect our environment around us, it’s our job to maintain and innovate new ideas to sustain environmental health. The principal impediment to a sustainable society is our internal wiring. Put simply, humans evolved in an environment of scarcity and our brains are poorly adapted to restrain our appetites in a climate of abundance even when our ‘executive’ brain warns us that our civilization has overextended the limits of the biosphere. The human mind is not used to dealing with novel global environmental threats such as pollution, plastic, chemicals, nuclear waste and greenhouse gases, because for millions of years these problems were not around. As citizens of the world, each of us is responsible for the health of our planet. Our choices and our actions contribute to the well-being or deterioration of the environment. ? While some countries have chosen to develop national-level strategies, Canada’s federal system of governance required an approach that acknowledged that many of the levers for promoting sustainable development are controlled by different levels of governments (e.g. municipalities, provinces, and territories). The FSDA (Federal Sustainable Development Act) articulates the Government of Canada’s long-term vision, goals, and targets, including its plans for reducing the federal government’s environmental footprint. Environmental sustainability and economic development can be considered contending imperatives. We are now seeing more and more...
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...The urban in fragile, uncertain, neoliberal times: towards new geographies of social justice? R. ALAN WALKS Department of Geography, University of Toronto Mississauga, Mississauga, Ontario, Cananda L5L 1C6 (e-mail: alan.walks@utoronto.ca) Canadian cities are at a crossroads. The neoliberalization of governance at multiple scales, inadequate re-investment in urban infrastructure, increasing reliance on continental and international trade, and the restructuring of the space economy have combined to weaken Canada’s cities just as the global economic system is undergoing transformation. Canadian urban geographic scholarship has much to offer under current conditions, and is already making significant contributions in key areas. In particular, research on what might be called the contours and impacts of urban restructuring and the neoliberal city, immigration and cities of difference, and urban environmental justice show much promise and are likely to define the core of Canadian urban geography into the future. Key words: cities, urban geography, Canada, economic restructuring, neoliberalism, social justice L’urbain ` une ´poque fragile, incertaine et a e n´olib´rale: vers de nouvelles g´ographies de la e e e justice sociale? ` Les villes canadiennes sont a la crois´e des chemins. e Alors que l’´conomie mondiale traverse une p´riode e e de transformation, la situation des villes au Canada se pr´carise avec les effets de la restructuration e ` n´olib´rale de la gouvernance a multiples...
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...Idle No More Wilfredo Q. Mamaril Jr Stenberg College Idle No More The “Idle no More” movement is a grassroots political undertaking of a large group of Canadian Aboriginal people which consist of First Nations, Inuit’s and Metis. The primary focus of the movement is on Indigenous rights and environmental protection. It began as a fairly small group in Canada, but rapidly became international in scale essentially from rapid proliferation through the use of social media such as Facebook and Twitter (OJEN, n.d.). The movement has also attracted a great deal of attention in the Canadian national and local mainstream media, through rallies, protests, teach-ins and direct political actions. Political actions such as flash mobs and round dances around the country protested against omnibus Bill C-45 (currently known as the Jobs and Growth act, 2012) that was introduced and announce by Prime Minister Stephen Harper in October 2012 without consulting the Indigenous peoples (OJEN, n.d.). The vision of Idle No More is to “call on all people to join in a peaceful revolution, to honour Indigenous sovereignty, and to protect the land and water” (idlenomore.ca, n.d.). The Idle No More manifesto contends that “the state of Canada has become one of the wealthiest countries in the world by using the land and resources. Canadian mining, logging, oil and fishing companies are the most powerful in the world due to land and resources. Some of the poorest First Nations communities (such as...
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...PART-I US-Canada: Since many years, US-Canada trade has been the cornerstone for Canada’s economic development. Canada began its trade with the US in 1920s when rapid urbanization in the US led to huge demand in wood and other forestry products. In the 1920s and 1930s, pulp production increased steadily with over 90% of the produce being exported to the US. In 1925, the opening of the Panama Canal increased the exports of lumber from British Columbia to eastern U.S. markets, which dramatically increased the netbacks received for lumber produced in British Columbia (Statistics, Canada, 2012). Post world war, rapid expansion in the US industrial capacity was accompanied with rapid growth in the Canadian economy as well. Growth in the demand for newspapers led to the growth of pulp and paper industry. By1950, over half of the world’s newsprint was supplied by Canada. By 1954, pulp and paper exports accounted for 24% of Canada’s total exports, of which, 33% of those exports were to the United States (Statistics, Canada, 2012). Post 1960, the new staple in the resource landscape for Canada was Energy. Until this time, though some local sources were available on the Prairies and in Nova Scotia, Canada had relied on coal imports. In 1957, there was a major oil discovery in Alberta at Leduc, which lead to a major and dramatic expansion of crude oil and natural gas industry, the effects of which are still evident till date. The North American Free Trade Agreement (NAFTA) removed most...
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...rendement d’un placement sans nécessairement renoncer aux profits », dit-elle. Pour éclairer la question, elle analyse l’état des investissements socialement responsables au Canada, leur rendement et les stratégies favorisant leur implantation. Les milieux financiers restent sceptiques à leur égard et mal préparés pour offrir ce service, observe-t-elle, et, d'une manière générale, le Canada accuse en la matière du retard par rapport à d’autres pays. Pour rattraper ce retard, elle propose du fusionner en un seul organisme national la multitude des organismes de réglementation du commerce des valeurs mobilières. T he recent crisis in confidence elicited by a string of corporate governance scandals from Enron to WorldCom may be an indication that financial analysis needs to evolve. The governance and criminality issues raised by Enron and WorldCom are not directly related to social responsibility and sustainability, but they are indicative of the neglect by management of the concerns of stakeholders like investors,...
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...nuclearization as well as security against global climate change. Like all other things, global climate change also got a strong basis of global agenda in international relations specificly in 1972. Since then international relations and global climate change have become very intimate to one another to be discussed. By 1972 and having a remarkable benchmark in 1992, global environment as well as global climate change is being practiced almost with every aspect of international relations which include state, non-state actors, domestic international relationship, various political approach, several global accord, security and world trade as well. In this paper, we will try to find out the intensity of the intimacy between international relations and global climate change through several different approaches. In the beginning of the paper we will survey on the theories of international relations through which both international relations and global climate change can be explained then the discussion will be shifted to the role of state and non state actors on climate change, which will be pursued to the effect of climate change on human activities and the history of global climate change co-operation. Then we will move to an analysis of the global climate change regime through the several grand theories of international relations. Having theoretical analysis the paper will look forward to the domestic-international relationship on the global climate change negotiation and the political...
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...Canada Global Cultural José A. Rivera Osorio GRST 500 Research Paper Prof. Jared Mink April 8, 2014 Abstract Canada is the second largest country in the globe with population of over 32 million, the largest and most important industry Canada has is oil and logging. For businesses who want to expand towards Canada they are eight dimensions of business culture that will be detail in this analysis, and how NAFTA was formed. The agreements between U.S. and Canada with provisions that will benefit both countries, Canada also has bilateral agreements in trade with European Union and Asia, however we will only analyze U.S.-Canada cultures in business. Canada’s History The first inhabitants of Canada were native’s Indian people, primarily the Inuit “Eskimos. The Norse explorer Leif Eriksson reaches the shores of Canada at Nova Scotia in the year 1000, but the country actually begun 1497 with the introduction of the white man, John Cabot Italian at the service of King Henry VII of England reaches Nova Scotia. Canada was lost to the English in the year 1534 by Jacques Cartier which was the settlement of New France 1604, but was then was Nova Scotia in 1608. Quebec was founded, France’s colonization were not successful and ended at the end of 17th century. They penetrated beyond the Great Lakes to the western prairies and south along the Mississippi to the Gulf of Mexico. The English Hudson’s Bay Company in 1670 establishes themselves because of the abundance of fisheries...
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...Sustainable tourism is a way for Canadian government to meet efficiently its economic and social needs of people. Introduction. "Sustainability - meeting the needs of the present generation without compromising the ability of future generations to meet their own needs" BRUNTLAND REPORT (1987) Tourism is a major component of economic growth all over the world. Especially in coastal areas where it is also a for sustainable development. Tourism is expected to exert an increasing influence on coastal landscape, ecosystem and cultural heritage management. Coastal tourism, as well as tourism in general, is to a large extent dependant on an environment that is attractive to visitors. Consequently, protection of natural and cultural heritage is a precondition for sustainable coastal tourism. Protecting areas and sites constitutes an efficient and necessary way of safeguarding natural and cultural heritage. Therefore, such areas contribute strongly to sustainable coastal tourism, even though a sound balance between protection and development has to be strived for in each individual case. This is why the nations of the world have committed themselves to the sustainable development of their natural and cultural heritage by signing international agreements. Some of them specifically address coastal zones but the majority is more general and wide ranging. Natural heritage includes biodiversity, natural scenery, value for outdoor recreation, etc. and is best managed in line with the requirements...
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...nation, but has instead been used to project our values on other nations (4 – 5). The goal of this was sold to the public as a way to have Canada look stronger in the eyes of business people and other nations alike, while also promoting its cultural exports (4). While there were some arguments over the technical side of this plan, in principle, it seemed to make a lot of sense. Realistically though, it made very little difference, as the implementation of this third pillar took place at the same time as former Prime Minister Paul Martin decided to slash funding for Canada’s International Cultural Affairs and Academic Relations (5). This decision reflects the idea that you should not listen to what the government is saying to see their interests, but instead watch where they spend their money (5). While the importance of displaying our culture internationally was not necessarily a bad thing, it has never been Canada’s first priority. The next issue raised is concerning the public’s view of their foreign relations policy. Currently, the majority of Canadians feel as though they should be based on Canadian values and culture (7). The problem with this, is that while Canadians may value or desire the same things such as, safety, and economic wellbeing, they do not agree on the method as to acquire them (8). As it is a liberal democratic nation, a liberal approach is often taken. This will follow the rules of democracy, individual freedoms, and The Rule of Law (9). The hypocrisy of...
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...Management Corporate Governance www.iibmindia.in Chapter 1 Corporate Governance Corporate governance refers to the system by which corporations are directed and controlled. The governance structure specifies the distribution of rights and responsibilities among different participants in the corporation (such as the board of directors, managers, shareholders, crors, auditors, regulators, and other stakeholders) and specifies the rules and procedures for making decisions in corporate affairs. Governance provides the structure through which corporations set and pursue their objectives, while reflecting the context of the social, regulatory and market environment. Governance is a mechanism for monitoring the actions, policies and decisions of corporations. Governance involves the alignment of interests among the stakeholders. There has been renewed interest in the corporate governance practices of modern corporations, particularly in relation to accountability, since the high-profile collapses of a number of large corporations during 2001–2002, most of which involved accounting fraud. Corporate scandals of various forms have maintained public and political interest in the regulation of corporate governance. In the U.S., these include Enron Corporation and MCI Inc. (formerly WorldCom). Their demise is associated with the U.S. federal government passing the Sarbanes-Oxley Act in 2002, intending to restore public confidence in corporate governance. Comparable failures...
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...develop next generation products such as the elusive mass market electric car. Some are even enhancing their business models through mergers and acquisitions that seek to address, and capitalise on, sustainability trends. Drivers of Sustainability A number of factors are driving the adoption of corporate sustainability programmes in the global business community: * Regulatory Mandates: Growing regulatory pressures compel companies to reduce greenhouse gas emissions, industrial effluents, and other environmental hazards. * Operational Cost Efficiencies: Rising raw materials and energy prices incentivize businesses to invest in waste recycling, waste-to-energy, water conservation and related technologies. * Reputational Risks: Increasing scrutiny of corporate conduct induces managers to engage environmental, social and human resource problems that might damage the company’s public standing. * War for Talent: Intensifying global competition for talented employees boosts the value of corporate sustainability as a mechanism to attract and retain skilled workers. * Global Economic Shifts: Changes in the global economy (rise of emerging markets, demographic shifts, technological advances,...
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...develop next generation products such as the elusive mass market electric car. Some are even enhancing their business models through mergers and acquisitions that seek to address, and capitalise on, sustainability trends. Drivers of Sustainability A number of factors are driving the adoption of corporate sustainability programmes in the global business community: * Regulatory Mandates: Growing regulatory pressures compel companies to reduce greenhouse gas emissions, industrial effluents, and other environmental hazards. * Operational Cost Efficiencies: Rising raw materials and energy prices incentivize businesses to invest in waste recycling, waste-to-energy, water conservation and related technologies. * Reputational Risks: Increasing scrutiny of corporate conduct induces managers to engage environmental, social and human resource problems that might damage the company’s public standing. * War for Talent: Intensifying global competition for talented employees boosts the value of corporate sustainability as a mechanism to attract and retain skilled workers. * Global Economic Shifts: Changes in the global economy (rise of emerging markets, demographic shifts, technological advances,...
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...health and wellbeing of the Canadian society. The education sector should be created as a separate NCI because recent reports and studies emphasize that education must be a national security matter (Council on Foreign Relations, 2012). Hence, the failure of education sector can pose significant threats to national security and economic growth. Problem Statement According to Statistics Canada, there are approximately 15,500 schools (elementary and secondary), 163 public and private universities, and 183 recognized public colleges and institutes. Provinces and territories reported that there were 6.5 million students enrolled in educational institutes and 610,000 instructors (Statistics Canada, 2012). The omittance of approximately 20% of Canada’s population and 2.3% of growth domestic...
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