AFM131 Lecture Notes - Lecture 2: Canadian National Railway, Price Fixing, Ontario Power Generation

• School: University of Waterloo
• Department: Accounting & Financial Management
• Course: AFM131
• Professor: David H A

Document Summary

Crown corporations: companies that are owned by the federal or provincial governments, e. g. canada mortgage and housing corp. , canada post corp. (federal), hydro-quebec, ontario. Canada"s anti-spam legislation: companies have to, obtain your consent, provide identification in every email, provide an unsubscribe mechanism, difficult to enforce spammers outside of canada. If a company doesn"t comply, they can get fined: rogers got fined for not having an unsubscribe mechanism. Laws are derived from four sources: the constitution, precedents established by judges, provincial and federal statutes, and federal and provincial administrative agencies, each level of government has their own unique responsibilities. Some shared responsibilities: created by politicians who have been elected can greatly affect business market, consultation with business leaders before setting laws into place. In some bars, drinks and red bull are given separately, up to consumer to mix them. Federal government responsibilities: ensure and support the country"s economic performance e. g. aeronautics, shipping, railways, etc, other responsibilities include, trade regulations, incorporation, taxation.