[COMMERCE 1E03] - Final Exam Guide - Comprehensive Notes fot the exam (52 pages long!)
29 Mar 2017
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Document Summary
Canada formed in 1867, federal government regulates trade and commerce. 1. crown corporations - company owned by federal/provincial government. Bail out a major industry in trouble. Provide special services ( e. g bank of canada) Deregulation - reduce role of government in business environment. One of world"s largest buyers and retailers of beverage alcohol. Revenues help pay for health care, education, infrastructure. Cash cow - parts of company that generate large amounts of profit. Federal and provincial administrative agencies ( industry canada administers laws affecting businesses such as the competition act) Sharing economy - systems where assets or services are shared between private individuals, either free or for a fee by means of internet ( e. g uber, airbnb) Trade regulations, taxation , incorporation of federal companies, bankruptcy and insolvency, immigration, social security, health care, criminal law, fisheries, shared power over pensions, unemployment, public debt, the post office,
