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This paper studies loan activity in a context where banks must follow Basel Accord-type rules and acquire financing from households. Loan activity typically decreases when entrepreneurs' investment returns decline, and we study which type of policy could revigorate an economy in a trough. We...
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. This article provides an overview of the insolvency regime for insurers in Canada, focusing primarily on the federal regime …Insurance represents almost 2 per cent of Canada's gross domestic product (GDP), yet there is little public policy … multinational insurance enterprises increases, new risks pose challenges for Canada's oversight and policyholder protection regimes …
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This paper studies the strategic interaction between employee stakeholders, in particular labor unions, and top management, and evaluates the effect of the two parties' inherent competitive rent-seeking behavior on CEO pay. Using a panel of firms listed on the S&P/TSX composite index, this paper...
Persistent link: https://www.econbiz.de/10012968467
micro, small and medium enterprises (“MSME”) under the Canada Bankruptcy and Insolvency Act. It undertakes a qualitative … across Canada, in terms of their experience with respect to the barriers to small and medium enterprise insolvency. It …Insolvency law is broadly recognized as an essential tool in well-functioning economies. A balance of mechanisms that …
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The Canadian insolvency legislation has borne the shield and shear paradox: of advancing immovable force of … parts.Part I walks through the introductory notions, principles and rules under the Bankruptcy and Insolvency Act, and … insolvency proceedings and historical obligation of the state to remediate environment have to operate like an "organic living …
Persistent link: https://www.econbiz.de/10013023138
Effective June 2017, Canada formalized its new resolution regime for “domestic systemically important banks”. This …” a bank is to use a series of tools under banking and insolvency legislation to address its financial distress in a … remain important issues in the Canadian resolution system in respect of financial conglomerate insolvency, in terms of …
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