corporation

Friday August 23, 2024

The 2024 presidential race has transformed into a powerful narrative of poetic justice as Donald Trump potentially faces Kamala Harris, a Black woman, symbolizing a rejection of his divisive legacy and the embrace of a more inclusive future, highlighted by Barack Obama’s lofty critiques and Michelle Obama’s sharper, more pointed attacks.

Editorial Cartoon by Graeme MacKay, Friday August 23, 2024

Published in The Hamilton Spectator and The Toronto Star.

Canada’s Railway Lockout: A Call for Swift Action to Prevent Economic Fallout

The ongoing railway lockout in Canada is a critical issue that demands urgent attention. The implications of this dispute extend far beyond the immediate commuter challenges faced by thousands of Canadians daily. If not resolved soon, the economic repercussions could be profound, affecting everything from supply chains to national competitiveness on a global scale. As major rail lines grind to a halt, the need for decisive action from corporate leaders, unions, and the federal government has never been more pressing.

Every day that trains remain idle, commuters experience frustration and disruption. Many rely on rail services to travel to work, school, and essential appointments, making the inconvenience tangible and personal. But this situation is not just an inconvenience; it is a precursor to broader economic damage. With billions of dollars at stake, the longer the lockout continues, the more vulnerable Canada’s economy becomes. As businesses and industries that depend on timely deliveries suffer, their inability to meet demand can lead to lost contracts, diminished market share, and a tarnished international reputation.

News:9,300 employees locked out: Latest updates on shutdown of Canada’s 2 largest railways

Canada’s competitors, including the U.S., Australia, and Brazil, are still operating, and they are ready to seize any opportunity presented by our current paralysis. In a global marketplace that values reliability, delays can cost us not just business, but long-term partnerships and market positions.

The corporate heads of Canada’s railway companies must recognize their role in resolving this crisis. While they have a responsibility to their shareholders, they must also consider the broader economic implications of a prolonged lockout. Reports suggest that CN Railway has been slow to negotiate, missing opportunities to engage constructively with workers and unions. A proactive approach, including a willingness to negotiate fairly and transparently, is essential. By prioritizing dialogue over confrontation, corporate leaders can help facilitate a swift resolution that satisfies both labor needs and business goals.

On the union side, there must be a recognition of the need for compromise. The demands for increased wages and benefits are valid, especially considering the rising cost of living. However, the union leadership should also understand that achieving their goals requires collaboration, not just confrontation. By considering innovative solutions—such as binding arbitration or adjustments to current proposals—they can work towards a resolution that addresses worker concerns while ensuring the sustainability of the railway sector.

The Canadian federal government plays a crucial role in this situation and must step up to act as a mediator. With the stakes so high, it is time for the government to flex its muscle and demand that both sides return to the negotiating table. This isn’t just a labor dispute; it is a national issue that impacts the economy, public welfare, and even national security.

Prime Minister Trudeau’s administration has faced criticism for inaction during this crisis. It is vital that they not only facilitate discussions but also implement policies that deem the railway system an essential service. This classification would provide the legal framework necessary to prevent such disruptions in the future, ensuring that Canada’s economy remains resilient and competitive.

News: Federal government will soon take steps to resolve railway stoppages, Trudeau says

The current railway lockout poses a serious threat to Canada’s economy and its citizens. The potential for tens of billions in losses is not a distant concern; it is an imminent reality that requires immediate action. The corporate leaders of railway companies must engage meaningfully with unions, union leaders should embrace compromise, and the federal government must take a proactive stance to mediate the dispute. Only through coordinated effort can we hope to get Canada’s trains moving again and secure the economic future of our nation. The time for action is now. (AI)

 

Thursday December 2, 2021

Editorial Cartoon by Graeme MacKay, The Hamilton Spectator – Thursday December 2, 2021

Sweet vindication for Chapman’s Ice Cream

If you have the good fortune to visit Markdale, Ont., you will appreciate just how different Grey County is when compared to Ontario’s hectic urban environment overall. It’s a slower, gentle, more tranquil pace and place.

September 15, 2021

How odd, then, that the community — home to the admirably benevolent Chapman’s Ice Cream, purveyor of soothing frozen treats since 1973 — has emerged as an unlikely, though certainly flavourful, flashpoint of the COVID-19 civil war.

The family-run Chapman’s, one of Canada’s largest ice-cream producers, an employer of about 850 people, recently took the praiseworthy step of rewarding its vaccinated workers with a $1-an-hour pay raise.

This was not the first time the company had supported the local community in the battle against COVID-19.

At the end of 2020, when it became known that the first vaccines developed against coronavirus required sub-zero storage, Chapman’s was quick to offer up two medical-grade deep freezers.

It turns out the Markdale mainstay — which has donated millions of dollars to local hospitals, schools and sports facilities — had been approached decades earlier about emergency use of its cold-storage facilities in case of a public-health emergency and it was more than ready when the call came.

And grit? You want to see grit?

October 28, 2021

In 2009, the company’s century-old wooden creamery building was destroyed after a spark from welding work caught in the rafters.

Where some might have called it quits, Chapman’s built back, recovered and expanded to employ about twice the workers it once did.

This is not an age, however, in which decades of reputation, generosity, local history or context won’t be incinerated in a firestorm of toxic online recrimination.

After the raise became public, when a photo of the bulletin announcing it was posted online, Chapman’s became the target of chronically aggrieved anti-vaccine groups who were outraged at the very thought.

Local divisions of the small and tattered anti-vax army were inflamed at this outrageous assault by Chapman’s on their right to be fools and mounted an online campaign to boycott the company’s products.

The company said it received 1,000 or more emails and attacks on its Facebook group. Much of it was despicable. Inevitably, absurd analogies to Naziism were tossed about.

July 3, 2021

But, in addition to being rather stoutly anti-science, it appears the anti-vaxxers have no particular flair for numeracy or imagination.

A quick glance at public-opinion surveys or published vaccination rates should have made clear that in the boycott battle they would be hugely outnumbered and were charging off to near-certain defeat.

At Chapman’s itself, fewer than a dozen employees had chosen to remain unvaccinated and been required to go on unpaid leave.

Well, the entirely predictable result soon came to pass.

Voices of reason pushed back, lavishly praising and thanking the company, which saw sales jump and inquiries arrive from far and wide as to where its ice cream could be purchased.

The hashtag #IStandWithChapmans became the call to arms, and seldom was such a thing so delicious.

On its website, Chapman’s is now promoting its “Holiday Moments Collection,” urging the sweet-toothed to “Enjoy a taste of the holiday in each and every bite.”

So, let’s add a tip of the old double-scoop ice-cream cone — waffle, if you please — to Chapman’s for its good corporate citizenship, community-minded initiatives and delightful products.

Long may you prosper. (Hamilton Spectator Editorial) 

 

Tuesday November 27, 2018

Editorial Cartoon by Graeme MacKay, The Hamilton Spectator – Tuesday November 27, 2018

USMCA not to blame for GM plant closures, but it’s killing all hope of exporting from North America

U.S. President Donald Trump’s trade policies were likely just one factor among many that contributed to General Motors’ decision to shutter multiple plants in the U.S. and one in Oshawa in Ontario, analysts say.

April 29, 2009

But the closures will undoubtedly sharpen scrutiny of the White House’s “America First” trade agenda — a strategy aimed at preserving jobs in traditional industries through controversial measures including steel and aluminum tariffs that have ultimately squeezed automakers, analysts say.

“Only a few months ago GM said that the Trump tariffs were costing a billion dollars but they were going to wait until after the mid-term elections to take action,” said Dennis DesRosiers, president of DesRosiersAutomotive Consultants. “It is now past the elections and they are taking action. Partial blame for this goes to Trump and his isolationist policies. It is much bigger than U.S. politics, but it certainly is part of the issue.”

January 13, 2009

GM will shutter its factory in Oshawa as part of a global restructuring as the company shifts to manufacturing electric and autonomous vehicles. The move will see 2,973 jobs cut by the end of 2019 at the Oshawa plant, which has been in operation since 1953. The Detroit firm will also slash a total of 6,705 jobs at plants located in Warren, Ohio; White Marsh, Md; and two facilities in Michigan.

Other Canadian manufacturing facilities in St. Catharines and Ingersoll, Ont. will not be affected.

“Trade headwinds” and, in particular, Trump’s tariffs of 25 per cent on imported steel and 10 per cent on aluminum, have also been identified as a key business challenge by more than one automaker as they attempt to make difficult transitions in their product lines and operations. In September, executives at Ford Motor Co. blamed the tariffs for taking US$1 billion out of company profits. (Source: Financial Post)

“I honestly don’t think Trump devotees will mind that autoworkers are losing their jobs.”

Saturday April 21, 2018

Editorial Cartoon by Graeme MacKay, The Hamilton Spectator – Saturday April 21, 2018

How Tim Hortons lost its connection with the Canadian public

Léger and National Public Relations last week released their annual report ranking Canada’s most admired companies. While some results were indeed surprising, others were not.

January 9, 2018

Both Google and Shoppers Drug Mart (owned by Loblaw) ended up at the top of the overall rankings, as well as the leaders in their sectors. Google has been No. 1 for six years now. It was surprising to see that eighth-place Kellogg’s is the most respected food company in Canada. Campbell and Kraft, two other food companies, closed out the top 10. Despite bread-price collusion accusations, Sobeys moved up 10 places and remained the most admired grocer, while Subway was recognized in the food service category.

But Tim Hortons’ year was just plain awful. It went from No. 4 to No. 50 in just 12 months. This significant free fall can be linked to the very public spat between Tim Hortons franchisees and the Tim Hortons parent company, Restaurant Brands International (RBI). This dispute has taken its toll and likely affected the reputation of the iconic Canadian company.

RBI has been at war with Tim Hortons franchisees since 2014 when the holding company was created, and things have gotten progressively worse. While franchise owners – family businesses, really – were committed to serving communities, RBI swooped in with an efficiency-driven agenda. Menu changes, royalty structure modifications, higher costs of supplies to operate outlets – all were revised to serve RBI’s shareholders, and it paid off. The share price hit a record high last October of $85.

March 17, 2007

RBI’s ultimate commitment has been to its shareholders and not necessarily to the Canadian public. This year’s Léger-National rankings confirm that Canadians have been keeping tabs.

But RBI’s profit-driven agenda has started to work against it over this past year. Rallies to raise awareness of minimum-wage campaigns made Tim Hortons a public target right across the country. To make matters worse, reports surfaced suggesting that in Ontario, where the minimum wage increased by 22 per cent on Jan. 1, some Tim Hortons employees had been asked to pay for uniforms and cut out breaks. While other food chains were adapting well, the rift between RBI and its franchise owners in Ontario became even more evident to the public.

Now sales are slumping, and as a result, RBI shares have fallen to about $70. RBI’s response is to invest $700-million over the next four years, including a change to the interior design in all of its Tim Hortons restaurants. But here’s the catch: Most franchise owners will be required to pay more than $450,000 per outlet to support the cost of renovation and create an open-seating concept. Given that the average Tim Hortons franchisee owns three outlets, the cost to support RBI’s new redesign strategy will be well more than $1-million for a typical franchise owner. (Continued: Globe & Mail) 

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Friday October 27, 2017

Editorial Cartoon by Graeme MacKay, The Hamilton Spectator – Friday October 27, 2017

Sears Canada pensioners demand shortfall be paid off first

The law firm representing Sears Canada pensioners has issued a letter to the agency overseeing the liquidation and all other creditors, asking that the pension deficit be paid first and as soon as possible, as money from liquidation sales becomes available.

October 12, 2017
Canada, retail, employment, taxes, rvenue, CRA, Sears, layoff, bankruptcy, tax fairness

“Our clients . . . are entitled to first priority recover for those amounts,” according to the letter, from Koskie Minsky’s Andrew Hatnay, citing a prior Supreme Court of Canada decision.

The letter is addressed to the monitor assigned to the case, FTI Consulting, and to the service list, which includes lawyers representing every party to the insolvency.

If Hatnay’s position is accepted by the creditors lining up to be paid, the pension’s $270-million deficit would be paid first, although pensioners would not receive other benefits – dental benefits and life insurance benefits, which were discontinued at the end of September.

If the other creditors refuse to allow the pensioners to be paid first, the matter could end up before the court, according to Hatnay.

The legal letter was sent Thursday, a day after Innovation Minister Navdeep Bains said the federal government will consider legislation to protect employees’ pensions when a company goes bankrupt.

While there’s no plan for the government to introduce legislation at the moment, he said it will carefully examine two different private member’s bills on the subject, put forward by a New Democrat MP and a Bloc Quebecois MP. (Source: Toronto Star)

The Telegram, St. John’s Newfoundland

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