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Article

Mortgage

A Mortgageis a legal paper in which borrowers agree to surrender their property to a lender if they do not pay back the money they owe, with INTEREST.

Article

Multinational Corporation

A multinational corporation consists of incorporated and unincorporated enterprises comprising parent enterprises and their foreign affiliates. The parent and each of the affiliates are established under the laws and practices of the countries where they are located.

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Income Trusts

Income trusts present an opportunity for investors to participate in a cash-flow stream generated by certain assets of an operating company.

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Mutual Funds

An investment company may have many different mutual funds, each fund possessing different objectives and asset classes. The objectives, trading activity and asset classes of mutual funds vary widely but must be clearly stated to the investing public in a fund's prospectus.

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CUPW Postal Strikes

Since 1965 the Canadian Union of Postal Workers (previously Canadian Postal Employees Association) has been involved in approximately 19 major disputes over several complex issues.

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Pulp and Paper Industry

The pulp and paper industry consists of manufacturing enterprises that convert predominantly woody plant material into a wide variety of pulps, papers and paperboards. The Canadian industry began in the 1800s, and has undergone revolutionary changes over the years. Most recently, the move from newsprint to electronic media caused the industry to decline; however, pulp and paper remains a fundamental part of the Canadian economy, especially for remote and northern communities.

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Pay Television

Although undertaken experimentally in Etobicoke, Ontario, between 1960 and 1965, pay television as a major venture was licensed only in March 1982, after a decade of debate.

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Pacific Western Airlines Ltd

In 1984, with the advent of the Economic Regulatory Reform (ERR), most of Canada experienced a deregulation program similar to that in the United States. The ERR had several significant effects. Two large trunk carriers, CAI and Air Canada, emerged, competing on major domestic routes.

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Pacific Fur Company

The Pacific Fur Company was established on 23 June 1810 and headed by New York fur dealer John Jacob Astor. Principal partners included ex-Nor'Westers Alexander McKay, Donald McKenzie and Duncan McDougall.

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Petroleum

Since its first commercial exploitation in the 1850s, petroleum has become the major energy source of Canada and the industrial world.

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Petrochemical Industry

The petrochemical industry, which produces chemicals using OIL AND NATURAL GAS as major raw materials, occupies an important position in Canada's MANUFACTURING and consuming sectors. Oil and natural gas are composed primarily of hydrocarbons. Most petrochemicals contain hydrogen or carbon or both.

Macleans

Microsoft Declared a Monopoly

You can tell a lot about Bill Gates' state of mind from the way he dresses. Much of the time, the chairman of Microsoft Corp. looks as though he's just rolled out of bed - his clothes are casual and rumpled, his hair is uncombed and his shoulders are speckled with dandruff.

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Media Literacy

Media literacy refers to the ability to interpret and understand how various forms of media operate, and the impact those media can have on one’s perspective on people, events or issues. To be media literate is to understand that media are constructions, that audiences negotiate meaning, that all media have commercial, social and political implications, and that the content of media depends in part on the nature of the medium. Media literacy involves thinking critically and actively deconstructing the media one consumes. It also involves understanding one’s role as a consumer and creator of media and understanding the ways in which governments regulate media.

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Sunday Shopping

On 24 April 1985 the Supreme Court of Canada in the BIG M DRUG MART case struck down the Lord's Day Act on the grounds that it contravened the freedom of religion and conscience provision in the CANADIAN CHARTER OF RIGHTS AND FREEDOMS.