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Doherty Pianos Ltd.

Doherty Pianos Ltd (W. Doherty Piano and Organ Co Ltd 1875-1913). Manufacturing firm founded in 1875 in Clinton, Ont, by William Doherty (b 21 Mar 1841, d Clinton 9 Feb 1924), a furniture dealer and Bell Organ representative. Under the name W.

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Collectivism

As the social evils of industrialization and urbanization unfolded in the later 19th century, many Canadians saw the basic problem as an excess of individualism.

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Capital in Canada

In economics, capital traditionally refers to the wealth owned or employed by an individual or a business. This wealth can exist in the form of money or property. Definitions of capital are constantly evolving, however. For example, in some contexts it is synonymous with equity. Social capital can refer to positive outcomes of interactions between people or to the effective functioning of groups. Human capital refers to people’s experience, skills and education, viewed as an economic resource.

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Petro-Canada

Petro-Canada, created by the federal government in the mid-1970s as Canada's national oil company, was the offspring of the world energy crisis, Canadian ECONOMIC NATIONALISM, and a tradition of state-supported development of the country's costly energy frontier.

Macleans

Counterfeit Plague

SOME COUNTERFEIT MONEY is easy to spot. A veteran RCMP officer recalls once seeing a particularly lame bill photocopied in black and white, then coloured in with crayons.

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Global Affairs Canada (GAC)

Global Affairs Canada (GAC) was originally founded as the Department of External Affairs in 1909 by Prime Minister Sir Wilfrid Laurier. The operations, mandate and title of the department have evolved over the years. Although legally incorporated as the Department of Foreign Affairs, Trade and Development, its public designation since 2015 has been Global Affairs Canada.  The department is responsible for overseeing Canada’s international engagement, including diplomatic relations, providing consular services, promoting international trade and international law, and leading Canada’s international development and humanitarian assistance.

Macleans

CIBC-TD Merger

This article was originally published in Maclean’s magazine on April 27, 1998. Partner content is not updated.

This time, Paul Martin kept his cool. Last January, the Bank of Montreal and Royal Bank announced plans to merge and create one superbank, with assets of $453 billion.

Macleans

Nova and TransCanada Merge

This article was originally published in Maclean’s magazine on February 9, 1998. Partner content is not updated.

When he arrived at his Calgary office last Nov. 11 after unveiling a plan to split Nova Corp.'s pipeline and petrochemical operations into separate companies, CEO Ted Newall received an urgent message from his counterpart at TransCanada PipeLines Ltd.

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Barter

Barter is the exchange of one commodity or service for another without the use of money as a medium of exchange. A barter agreement (also called "countertrade") among countries calls for the exchange of stated amounts of goods.

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North West Company

Founded in 1779, the North West Company was a major force in the fur trade from the 1780s to 1821. Managed primarily by Highland Scots who migrated to Montréal after 1760, or came as Loyalists escaping the American Revolution, it also drew heavily on French-Canadian labour and experience. The name first described Montréal traders who in 1776 pooled resources to reduce competition among themselves and to resist inland advances of the Hudson’s Bay Company.

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Carbon Pricing in Canada

Carbon pricing refers to a cost that is imposed on the combustion of fossil fuels used by industry and consumers. Pricing can be set either directly through a carbon tax or indirectly through a cap-and-trade market system. A price on carbon is intended to capture the public costs of greenhouse gas (GHG) emissions and shift the burden for damage back to the original emitters, compelling them to reduce emissions. In 2016, Prime Minister Justin Trudeau announced a national climate change policy that includes a system of carbon pricing across Canada. Provinces can either create their own systems to meet federal requirements or have a federal carbon tax imposed on them. Nine provinces and territories have their own carbon pricing plans that meet federal requirements. Ottawa has imposed its own carbon tax in Alberta, Saskatchewan, Manitoba and Ontario.

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Mining

Mining is one of Canada’s primary industries and involves the extraction, refining, and/or processing of economically valuable rocks and minerals.

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Megaprojects

The Concept of MegaprojectsThe whole concept of "megaprojects" was thrown into question when the long list of megaprojects proposed in the 1970s was wiped out by the recession and the decline in energy prices during the 1980s. Megaprojects can only thrive in an atmosphere of certainty.

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Economic Nationalism

Economic nationalism, in Canada, is a movement aimed at achieving greater control by Canadians of their own economy. In recent years it arose in response to the high degree of foreign (especially American) control of the Canadian economy.