Browse "Business & Economics"

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Macleans

McKay Report on Bank Mergers

When the federal task force on the future of financial institutions released its anxiously awaited report last week, there was no special delivery to the top floors of Bay Street's bank towers.This article was originally published in Maclean's Magazine on September 28, 1998
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McLeod Young Weir Limited

The company was established in 1921 by Donald I. McLeod, Ewart Young and J. Gordon Weir with an initial capital of $40 000, which grew to $300 million.
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Meat-Processing Industry

Canada's slaughtering and meat-processing sector comprises livestock slaughter and carcass dressing, secondary processors that manufacture and package meat products for retail sale, and purveyors that prepare portion-ready cuts for hotel, restaurant and institutional food service.
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Media Bias in Canada

Bias means supporting or opposing something or someone in an unfair way, regardless of the evidence. Media bias is when information spread by media or a news outlet reflects the interests and biases of ownership or individuals of that media company. Corporations may have a clear bias for one political party or issue and may influence its media outlets to reflect that bias. Individual journalists or news outlets may favour one side of an issue and reflect that bias — consciously or unconsciously — in the way they cover stories. The fact that a majority of journalists in Canada are White can also lead to biased reporting on minority groups. People can overcome unconscious bias by thinking and talking about it, and especially by listening to people from less privileged backgrounds.
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Media Bias in Canada (Plain-Language Summary)

Bias is when you support or oppose someone or something based on your own opinion, regardless of the evidence. Media bias is when content spread by media reflects the interests of that company or its ownership. Corporations may have a clear bias for one political party or issue. A company may have its media outlets reflect that bias. Journalists or news outlets may favour one side of an issue and reflect that bias in the way they cover stories. Bias can be overcome by being aware of it and talking about it. And by listening to people from less privileged backgrounds.
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Media Convergence in Canada

Media convergence refers to the merging of previously distinct media technologies and platforms through digitization and computer networking. This is also known as technological convergence. Media convergence is also a business strategy whereby communications companies integrate their ownership of different media properties. This is also called media consolidation, media concentration or economic convergence. (See also Media Ownership.)
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Media Convergence in Canada (Plain-Language Summary)

Media convergence is a term for two things: 1) It is when different media merge through technology. This is also known as technological convergence. 2) It is also when companies own different media outlets as part of a business strategy. This is also called media consolidation, media concentration or economic convergence.
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Media Literacy

Media literacy refers to the ability to interpret and understand how various forms of media operate, and the impact those media can have on one’s perspective on people, events or issues. To be media literate is to understand that media are constructions, that audiences negotiate meaning, that all media have commercial, social and political implications, and that the content of media depends in part on the nature of the medium. Media literacy involves thinking critically and actively deconstructing the media one consumes. It also involves understanding one’s role as a consumer and creator of media and understanding the ways in which governments regulate media.
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Media Ownership

Western societies are relying increasingly on communication through various media and relatively less on face-to-face contact to organize and co-ordinate activities, to disseminate knowledge and information, to educate and entertain.
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Mendelssohn Piano Company

The Mendelssohn Piano Company. A leading Toronto manufacturer of pianos in the early 1900s. It was formed by Henry Durke (b Liverpool 1863, d Toronto 1929) and David M. Best with assets of an unsuccessful company of the same name purchased in 1892 by Durke.
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Mercantile Bank of Canada

Mercantile Bank of Canada had head offices in Montréal. The Mercantile Bank operated a general banking business through 13 branches and one representative office.
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Macleans

Mercedes-Chrysler Merge

This article was originally published in Maclean’s magazine on May 18, 1998. Partner content is not updated. No, Levi-Strauss is not in talks to merge with Italy's Armani. Nor, as far as anyone knows, is McDonald's planning to team up with a chain of snooty French restaurants.
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Macleans

Merrill Lynch Buys Midland Walwyn

This article was originally published in Maclean’s magazine on July 6, 1998. Partner content is not updated. How's this for a long-range forecast? In 1989-1990, when a mid-sized Canadian investment brokerage called Midland Doherty Financial Corp. was running on empty, management did the rounds of all the big banks and fund managers in an attempt to sell enough cheap equity to keep the firm going.
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Metropolitan Opera

Metropolitan Opera. This illustrious and venerable (founded 1883) New York company has influenced the development of opera in Canada through its tours, broadcasts, and talent-development programs.
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Macleans

Mexican Peso Slides

While Canada's dollar crisis reached a boiling point last week, Mexican Foreign Minister José Angel Gurria was in Canada for emergency meetings with bankers and senior federal ministers in an effort to shore up confidence in his country's own floundering currency.This article was originally published in Maclean's Magazine on January 23, 1995
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