Articles Canadian Business

  • Wall Street’s Killing Fields

    The pundits are very busy these days looking for scapegoats among the swindlers, liars and manipulators who by their greed and excesses have caused the meltdown that led to this mother of all stock market crashes. Now it’s true that in the midst of every economic boom some masters of the universe exercise no scruples in grabbing their share, and then some, of the profit bonanza; and when conditions sour, find novel ways of hiding their true bottom lines to keep investor capital coming their way.

  • Canadian Mining Companies Helping Themselves to Others’ Wealth

    Like a thousand other domestic mining companies operating abroad, Glamis is supported through Canadian stock exchanges, the world’s biggest source of capital for mining. Canada’s laws protect investors by imposing reporting, disclosure and other obligations on corporations. These laws, however, do little to protect people in developing countries from mining risks, including the human-rights abuses that often accompany such mega-projects.

  • Introduction to the Subversion of the University

    Business interests have been grazing in the groves of academe for at least a century, and their presence has always troubled people concerned with academic freedom and the ability of institutions of higher learning to pursue research unfettered by the dictates of profit-seeking.

    Nearly fifty years ago, when Canadian Dimension was founded, the New Left sounded the alarm about the proliferating ties between industry and universities, with such prescient essays as E.P. Thompson’s “The Business University” and James Ridgeway’s The Closed Corporation: American Universities in Crisis. However, the sixties

  • The Cost of Consent

    “The people here are the unluckiest people in the world,” our guide commented, as we drove through the winding back roads to avoid the many police outposts scattered throughout the mountains. We were all well aware that underneath the vast beauty surrounding us lay the source of a major conflict: the Kashipur region of the eastern Indian state of Orissa sits above one of the world’s largest bauxite reserves. While this may be good news for the major aluminum multinationals, like Canada’s Alcan Inc., it is a curse, not a blessing, for many of the local inhabitants.

  • The Americanization of CN

    It is day 16 of the strike at Symington Yard, the Canadian National Railway’s main hump yard in Winnipeg. The workers have been on strike since February 20. Since a deal has by now been reached, the question is why CN rail workers from Winnipeg to Montréal felt it was time to send a message to CN’s corporate headquarters.

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