Crown Corporations Case Study

It is necessary to determine when L was removed as director of SPG and SET to ascertain the validity of the plaintiffs’ appointment as administrators. To establish L’s time of removal, one must first conclude whether the decision at the meeting took effect immediately, or if the subsequent messages exchanged between M and L, and belated lodging with ASIC, suggest a later removal date.

Corporations Law can be described as the interaction between directors, employees, financier, consumers and the community. Corporations law can be implied to this case as Water Corporations, a government owned company had a responsibility upon entering into a contract with Norvik Industries to provide an attention to skill when connecting the water line. To provide fully trained employees to undertake this job. This involved double checking there work.

Wise-Holland Corporation, an S corporation, is split evenly between Marianne and Dory, two women with limited business knowledge. Wise Holland’s previous accountant of ten years was fired after Marianne received a notice of deficiency on her 2012 tax return due to $20,000 of disallowed flow through loss from Lucky Partnership, a small partnership deemed to have no profit motive; interest and a 20% penalty for substantial underpayment was also required, all of which Marianne paid immediately. She also signed a waiver extending her 2012 individual return statute of limitations three more years.

The main competitive advantage that the organization has had relates to the sense of pride of its’ Canadian Roots as well as previous success in relation to the speed of strategic decisions in the past.  To begin to address the situation faced by this organization, it is impertinent that all of the mandatory government legislations are updated and in full effect.  It would also be worth doing research on similar industries and competitors to see how they have made their compensation strategies successful as well as any best practices that we might want to consider benchmarking.  This should be an eye opener to the organization to insure the appropriate changes are made to put them at a more competitive advantage.

Private universities, private jails, private health-care and private water testing. What do all of these things have in common? They are all services the Tory government in Ontario has been trying to privatize with some disastrous results and possibly more to come. The Ontario government, lead by Progressive Conservative leader Mike Harris, has been slowly trying to do away with services that are currently administered by the province. The ideology in question, privatization, has been a hallmark of the Common Sense revolution. But so far the Tories have been slow to make a success of it. Attempts to privatize the Liquor Control Board and TV Ontario were put on the back burner because of low public support. As well, privatizing hydro

In Canada, there appears to be a publicly funded health care system whose main role is to help create healthier communities. However, how healthcare is being funded is very crucial to the Canadian system because they have been controversies over how health policy is dispersed between the levels of government. The Canadian health care system gives an advantage to those who have equitable access to necessary physician and hospital, without the ability for an individual to pay for services. This ideal is tremendously great because access and services are ensured to patients who have the same opportunity and medical conditions. This essay is going to explicate on how privatization will be detrimental to the health care system, and why publicly funded health care is the best criteria that should be associated with the Canadian system.

David E. Smith’s book, The Invisible Crown: The First Principle of Canadian Government, contends that studies pertaining to the Crown should be revived because the Crown is the least understood institution in Canada. He claims the crown to be a structuring principle of government. While arguing the Crown’s centrality in Canadian politics, he posits that the Crown and its prerogatives empower the political executive and make it efficient, to the extent that it can produce an effect (x-xi).

f Health Care in Canada focuses on how the health care system in Canada was once viewed and how it is viewed today. Medicare was transformed throughout the years and this article describes what has gone wrong in the system. The author explains the culture of the Canadian health care system and how it is divided between two governments: the federal government and the provincial government. The author explains the issue of privatization in the Canadian health care system and details the three factors that have contributed to the issue. These factors include: the ethical basis, the extensive government reinvestments have not helped the system, and the increase in new forms of privatization. The article debates whether new forms of privatization are improving or worsening the current Medicare system and summarizes what the future of Medicare holds for the Canadian health care system.

Farrar, J. (2008). Corporate Governance: theories, principles and practice. 2nd ed. South Melbourne, Vic: Oxford University Press

Richard McCandless had a long career in the highest levels of government finance in British Columbia. From 2004 until his retirement McCandless was the Chief Information Officer for the provincial government and built a deep understanding of the inner workings of two corporations, ICBC and BC Hydro. In retirement Richard McCandless has continued to take an interest in public policy issues and enjoys research, analysis and exposition of policies that are difficult to understand and often obscured from the public and the press.

Ever since I moved to Canada, I have constantly been taught about arguably the single most important event in the country's history - Confederation. In 1867, the Fathers of Confederation helped ratify the first British North America Act, the culminating product of a hard-fought political process which united Upper and Lower Canada, Nova Scotia, and New Brunswick. The study of the Dominion of Canada's formation is typically fixated on the politicians' roles (3), and this deficient scope is a significant reason as to why Andrew Smith's monograph, British Business and Canadian Confederation, manifested itself so clearly to me. As I am studying Canadian history through a business context, this book seemed quite appropriate Instead of focusing on the usual suspects, such as the American threat or Anglophone-Francophone relations, Smith seeks to analyze the often neglected influence that British businessmen had on Confederation. As such, the piece's overriding argument is that had there not been support from prominent British investors, Canada's landmark federal unification would not have taken place, whether on July 1, 1867 or otherwise (3). By overtly and exhaustively presenting the prevailing contention in the opening paragraphs, Smith leaves no doubt in the reader's mind as to what the following chapters contain and validate.

The lack of flexibility within government, however, as Armstrong articulates that “opposition now comes not only from the big provinces but also from forces such as doctors’ organizations […] those seeking for profit” (Armstrong, p153). Governments’ are influenced from behind the scenes in the form of private investment and wealthy investors such as lobbyists. I do believe that if the government becomes more flexible, it would under these conditions - eliminate public funding across the board and implement a free market due to the persuasion of partisan funding. With the electoral system Canadians have in place, bipartisan voting and four or five-year electoral schedule, it differs political parties from imposing such changes, as they are confined to public opinions (Malcolmson, p227). In comparison, Armstrong defines our ‘rigidity’ as praise for resistance of private corporations and lobbyists, avoiding “pressuring individual legislators” (Armstrong, p21). The for-profit industry is heavily funded, therefore, can offer significantly more public persuasion. Furthermore, as discussed by our guest lecturer, we are geographically linked to the largest for-profit regime on the globe – our television is directly influenced by American advertisements, enticing our population to believing that we are restrained in choice of care by our government.

Choosing a Corporation/Company Structure - the business structure of a company/ corporation is highly recommended, it has the flexibility to gain more capital, or credit capability and assets used as security. Based on the Corporation Act 2001 (Cth) AC 22, a corporation is another legal entity with their own legal rights, duties and responsibilities separate to the individual or owner of the company (Harris, Hargovan & Adams, 2013, pp 229). The risk and consequences are one of the principal considerations of choosing a company structure (Harris, Hargovan & Adams, pp 50). Based on the “Corporate Veil” Liability is owned by a separate legal entity and not to the extent of the owner, for instance, the debt of the company is not a personal liability, but the company. This is further explained in the case below.

Tennant Company was founded in 1870 by George H. Tennant and initially produced wood products and flooring solutions. Tennant now produces floor-cleaning equipment and technologies, and prides itself on “creating a cleaner, safer, healthier world.” Tennant differentiates themselves from competitors by offering cleaner, safer and healthier products to their customers as well as through direct customer interaction. The Company drew popularity in the 1940s as a cleaning company that offered its services to the defense forces of nations especially those involved in war.

Planning system weaknesses: To begin with, fundamental assumptions, such as new plants, inventory carryovers, packaging trends, etc., which are used for initial sales forecast, are entirely made by corporate headquarters. However, the divisional managers assume full responsibility for the estimates they submitted to the corporate head office. As a result, they have to make efforts to increase the overall accuracy of forecast and avoid making changes in subsequent reviews of the budget. Moreover, each product line uses the same forecasting method. It is ineffective for the company to make accurate budget since factors affecting each product line are different, such as industry trends, customer preferences and so on. Lastly, instead of plant managers, the district sale managers raise the sales budgets. However, the plant managers are held accountable for this budgeted profit number, which is connected with their performance and is not controlled by them.