AFM131 Chapter Notes - Chapter 4: Monetary Policy, Money Supply, Liquor Control Board Of Ontario

• School: University of Waterloo
• Department: Accounting & Financial Management
• Course: AFM131
• Professor: Robert Sproule

Document Summary

National policy is the government placing high tariffs on imports from the us to protect canadian manufacturing. (pg 103) A company owned by the provincial or federal government (ex. They were created to bail out failing industries or provide services that were otherwise impossible to provide (ex. Privatization occurs when the government sells these crown corporations to the free market. (pg 103) Can have a huge impact on business. Constitution; 2. ) precedents established by judges; 3. ) provincial and federal statutes; 4. ) and federal and provincial administrative agencies. (pg 105) Some responsibilities that affect businesses include: trade regulations; incorporation of federal companies; taxation; banking and monetary system; national defense; unemployment; immigration; criminal law; fisheries. Responsible for issues affecting citizens all across canada. Ensure and support the country"s economic performance. Lobbies with other governments around the world to reduce trade barriers. Helps to ensure competition exists and include fair practices.