module 2 Flashcards
canada’s anti-spam legislation states that companies have to
obtain your consent, provide identification, and provide an unsubscribe mechanism
national policy
attempt to protect Canadian business activities and promote east/west trading
the government felt that the railway being connected would…
entice east/west provinces to join confederation, improve connectivity across the country to trade, encourage settlement
canada’s mixed economy
economic system in which some allocation of resources is made by the market and some by the government
6 ways how the government affects business
- crown corporations
- law and regulations
- tax and financial policies
- government expenditures
- purchasing policies
- government services
crown corporations
companies owned by the federal or provincial government
definition of privatization
selling publicly-owned corporations
laws and regulations at all levels of government
refers to rules, statues, codes, and regulations that are established to provide a framework within which business must be conducted and that are enforceable by court action
deregulation
government withdrawal of laws and regulations that hinder competition
federal responsibilities
- trade regulations
- banking and monetary systems
- national defense
- immigration
- consumer protection
provincial responsibilities
- regulation of provincial trade and commerce
- healthcare
- employment standards and labour laws
- education
municipal responsibilities
- utilities/infrastructure
- regulating food establishments
- zoning laws, parking, building codes, etc.
competition bureau
federal government institution that is responsible for ensuring that we have a fair but competitive and innovative marketplace
fiscal policy
government efforts to keep the economy stable through increases in tax and government spending
monetary policy
the management of the money supply and interest rates, is admined by the Bank of Canada
