For the past 30 years, government policy has largely been driven by the idea that the supply of venture capital was inadequate: Substantial tax incentives were created to funnel savings into that sector. Globally, Canada's pool of venture capital, administered by venture capital funds and...

This note attempts to put the recent acquisition announcements of major Canadian companies in a broader perspective. It is based on the list of mergers and acquisitions involving or affecting Canadian corporations, between January 2003 and December 2006, extracted from the Financial Post Crosbie...

Cet article examine de manière conjointe les effets de la taille, des ratios bénéfice/cours et valeur comptable/valeur marchande des actions sur les rendements des actions canadiennes. Il présente une estimation des primes de risque associées à chacune de ces anomalies de marché. Les...

<TABLE> <TD> <img src="/images/publication/2011MO-01.jpg"></TD> <TD>Sous la direction de Marcelin Joanis et Luc Godbout <p> Si le Québec a été frappé moins durement qu'ailleurs par la dernière récession, il fait toujours face aux importants défis économiques qui se posaient avant la récession : la contraction prochaine du bassin de travailleurs...</p></td></td></table>

Sous la direction de Marcelin Joanis et Luc Godbout Si le Québec a été frappé moins durement qu'ailleurs par la dernière récession, il fait toujours face aux importants défis économiques qui se posaient avant la récession : la contraction prochaine du bassin de travailleurs potentiels,...

Last April, the Task Force examining user fees for public services published its report “Mieux tarifer pour mieux vivre ensemble.” The group's labours were framed by a mandate to examine the issues and advise the government in its elaboration of a new user-fee policy. Mostly, the task force...

Businesses and organizations require working relationships, and working relationships require trust. Whether the relationship is between a firm and a supplier, a central bank and the people it serves, a bank and a borrower, a business person and a partner, a manager and an employee, a professor...

We are ceaselessly reminded that business is now called on to operate in a global environment that is more competitive than it has ever been. If we are to rise to this challenge, we must understand Quebec's position, the form of the competition to which it is exposed, and what our available...

The minister wants to know: “How can it be that two hospitals, having the same budget, can post different performances?”<br>We believe that the real question is:<br>“How can it be that two entities that do not post the same performance receive the same budget?”<br><br>Traditionally, the performance of a...

Quebec is currently the stage for a series of debates on which investments are required of the government, whether in infrastructure, education, healthcare, etc. Where to begin? What projects to prioritize? These investments give rise to a series of questions, not the least of which is how they...