COMMERCE 1E03 Lecture Notes - Lecture 7: The Huffington Post, Canada Revenue Agency, Liquor Control Board Of Ontario

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Ca(cid:374)ada (cid:449)as for(cid:373)ed i(cid:374) 1(cid:1012)(cid:1010)(cid:1011) a(cid:374)d the federal go(cid:448)er(cid:374)(cid:373)e(cid:374)t (cid:449)as gi(cid:448)e(cid:374) po(cid:449)er to (cid:858)regulate trade a(cid:374)d (cid:272)o(cid:373)(cid:373)er(cid:272)e(cid:859: e. g. , section 121 of the canadian constitution mandates free trade between provinces: A company that is owned by the federal or provincial government. Created for different reasons: provide services that were not being provided by firms, bail out a major industry in trouble, provide some special services that could not otherwise be made available (e. g. , bank of. Trend toward deregulating or partially deregulating industries. Trend toward privatization at both government levels. Liquor control board of ontario (lcbo: ontario government enterprise, one of the (cid:449)orld(cid:859)s largest (cid:271)u(cid:455)ers a(cid:374)d retailers of alcohol, revenue exceeded . 5 billion and lcbo took . 9 billion to government. Money used for health care, education, other government services: laws and regulation: Laws are derived from four sources: the constitution act, precedents established by judges, federal and provincial statutes/laws, federal and provincial administrative agencies.

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