1. HOT BUTTONS.
- Author
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Sanford, Jeff, Gray, John, Bogomolny, Laura, and Austen, Ian
- Subjects
CANADIAN politics & government, 1980- ,BANK mergers ,CLIMATE change ,STOCK options ,FINANCE ministers ,GREENHOUSE gas mitigation - Abstract
The author discusses four important issues in 2005: bank mergers, governance, climate change, and the Canadian Radio-television and Telecommunications Commission. All eyes will be on Liberal Finance Minister Ralph Goodale in 2005 as the now perennial Canadian issue of bank mergers drags into yet another year without any meaningful move from the government. The prospect is so worrying that David Dodge, the governor of the Bank of Canada, recently stepped into the policy debate again and urged the government to resolve the merger question. Advocates like the Canadian Coalition for Good Governance have been turning up the heat on execs they consider overpaid. The Canadian Institute of Chartered Accountants introduced regulations in 2004 requiring companies to account for the cost of stock options. The European Union Greenhouse Gas Emission Trading Scheme gets underway in January 2005. What's more, U.K. Prime Minister Tony Blair is promising climate change will be high on the agenda at both the G8 summit and in the EU parliament (Blair heads up both these bodies in 2005).
- Published
- 2004