Business in the Canadian Context-adms 1010 Calendar Description



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Calendar Description


We will look at key issues and companies in Canadian business. How has Canada achieved prosperity? How might we maintain it in a globalized economy? We will examine how our geography, our people and our legal and political institutions have shaped business and business has shaped government. We will use business case studies to look at political, economic and legal issues in the Canadian context.

Important Information:


Please BE AWARE: Students CANNOT write exams or submit any work for sections that they are not registered in. Students must confirm the correct section within the first two weeks of class. The instructor/course director has NO AUTHORITY to enroll students into the course. Please direct all registration questions to the main office of the Administrative Studies (http://www.yorku.ca/laps/sas/index.asp ). DO NOT contact the instructor/course director in these matters.

Course objective:

You will know how Canada’s business culture and laws have evolved, how Canadian business has failed and succeeded, and you will know better where business in Canada is going.


Course Web Site: www. yorkprofessor.com















Required Course Text / Readings


Joe Martin. Relentless Change: A History of Canadian Business. University of Toronto Press, 2010

Students will be expected to read and discuss current Canadian business issues and events. These can be found in sources such as The Globe and Mail’s Report on Business, the Toronto Star, the National Post, CBC.ca, CTV.ca and Canadian Business magazine. Links to good sources for global business and economic news can be found in the Business Section of Google News.


Evaluating your performance

  1. Final exam 40%

  2. Two midterm exams (Week 5 and Week 9) 25% each

  3. Best two of three in-class projects (Week 3, Week 7 and week 11) 10%



Instructor: Barry O’Brien

Email: obrien.barry@gmail.com

Course Web Site: www. yorkprofessor.com





Expanded Course Description



Week 1 (January 8 & 9): Introduction

  • What are we going to do for 12 weeks?

  • Canada –the country founded as a place of business:


    • Government support of business

    • Business and financial institutions in Canada

    • Trade, business ownership and foreign countries

  • Overview of Canadian History

  • The early business and economic problems of Canada and their solutions

  • The country and the provinces--how do they relate?

  • The country as a market

Learning Objectives:

You will know how I will manage the course, what the expectations are for students and how to succeed in the course. You will also know the topics and theories we will cover in greater depth later in the course. We will discuss the key features of the Canadian Economy.

You will know the early history of Canada and how the country was founded to supply greater resources to European nations. You will understand the nature of the Canadian Confederation and the economic powers of the Canadian state. You will begin to consider the roles that government and business play in the Canadian economy.

You will know the early history of Canada and how the country was founded to supply greater resources to European nations. You will understand the nature of the Canadian Confederation and the economic powers of the Canadian state. You will begin to consider the roles that government and business play in the Canadian economy.



Readings (to be done prior to class):

Relentless Change, pp. 1-14

Growth and Change in B.N.A. (British North America)



http://www.cic.gc.ca/english/resources/publications/discover/index.asp Make sure to read the section on Canada’s history

http://ww3.tvo.org/video/164418/joe-martin

Week 2 (January 15 & 16): Defining Canada


  • Theoretical Models: Stern Diamond; Porter Diamond

  • Banking in Canada

Learning Objectives:

Readings:

http://www.thecanadianencyclopedia.com/articles/banking (History of Banking section)

http://www.bankofcanada.ca/wp-content/uploads/2010/07/1841-71.pdf

http://www.bankofcanada.ca/wp-content/uploads/2010/07/1854-1914.pdf

Stern Diamond: http://www.web-books.com/eLibrary/NC/B0/B56/146MB56.html

Porter Diamond: http://www.businessmate.org/Article.php?ArtikelId=49

Week 3 (January 22 & 23): Canada expands—Agriculture and Manufacturing

  • International trade policies and Canadian business


    • The “Corn Laws” in Britain

    • The US-Canada Reciprocity Agreement of 1854

    • The National Policy of 1878

  • Agriculture in Canada

  • Manufacturing in Canada

  • Vocabulary: Tariffs, Mercantilism


Learning Objectives:


You will understand the importance of the rise of two industries: agriculture and manufacturing in 19th century Canada. You will understand the roles of business and of government in creating a national identity. You will understand how protectionism and free trade influence industries.

Readings

Relentless Change: The Massey Harris Company, pp. 60-78

FIRST IN-CLASS GROUP ASSIGNMENT

Week 4 (January 29 & 30: CNR—The Government in the Economy

  • Crown Corporations

  • Laurier and Reciprocity

  • Keynesianism
  • Privatization and Nationalization

  • Vocabulary: Market failures, intervention, free markets


Learning Objectives:

You will understand the ways in which the Canadian government traditionally intervenes in markets and its reasons for doing so. You will understand the importance of infrastructure (e.g. railroads) in the Canadian economy. You will be familiar with the concepts of Keynesianism in Canada. You will be able to describe a crown corporation, its purposes and its limitations. You will able to describe the pressures and potential advantages to creating and privatizing crown corporations



Readings:

Relentless Change: Wars, Depressions and Dynamic Growth, pp. 79-94 AND CNR, pp. 100-117

The CNR http://www.thecanadianencyclopedia.com/index.cfm?PgNm=TCE&Params=A1ARTA0006655

Crown Corporations in Canada

What are Crown corporations and why do they exist?

Railways in Canada

CN today

WEEK 5 (February 9 location TBD): MIDTERM #1 (25%)

Closed book, in-class 2 hour exam

WEEK 6 (February 12&13): Automobile Industry


  • History of the Auto Sector in Canada

  • Manufacturing and FDI

  • Protectionism and the Auto Sector

  • The Auto Pact

  • Globalization and International Trade

  • Canada’s Restrictions on International Trade

  • Globalization’s Impact on the Canadian Auto Sector

Learning Objectives:

You will understand the importance of the auto industry in Canada. You will be able to identify the positive and negative potential of Foreign Direct Investment in Canada. You will understand the advantages and disadvantages of open trade policies.



Readings:

Relentless Change: The Canadian Automobile Industry, pp. 120-136



The Auto Industry—Canadian Encyclopedia http://www.thecanadianencyclopedia.com/index.cfm?PgNm=TCE&Params=A1ARTA0000412

Foreign Ownership of Canadian Companies

Foreign Investment in Canada

Models for International Trade



WEEK 7 (February 26 & 27): The Rise of the Canadian Consumer and Canadian Retail

  • The Depression in Canada

  • What is Consumerism?

  • Rise of the Department Store

  • Women in the work force

  • History of Canadian Retail

  • Lobbying

  • Retail as cultural institution

  • The US Retail Invasion and its impact on Canada

  • Future Impact of Globalization on Canadian Retail

  • Keynes in Canada

Learning Objectives:

You will understand the role of the retail industry in Canada. You will understand the transition of the Canadian economy post WW2 to a consumer driven economy. You will be able to discuss the rise of women as economic agents in Canada. You will be able to understand and comment on issues related to the globalization of retail in Canada.



Readings:

Relentless Change: Eaton’s and Simpson’s-Sears, pp. 140-157



  • http://www.thecanadianencyclopedia.com/index.cfm?PgNm=TCE&Params=A1ARTA0004289

  • The Depression in Canada

  • Social Welfare in Canada

SECOND IN-CLASS GROUP ASSIGNMENT

WEEK 8 (March 5 & 6): Natural Resources —INCO AND OIL

  • History of extraction in Canada

  • Petroleum and the Athabasca Oil Sands

  • NAFTA and Oil

  • Foreign Direct Investment (FDI)

    • Foreign Ownership In Canada

    • Benefits and Challenges of Foreign Ownership

  • Regional Economic Disparity in Canada

    • The National Energy Program

    • East-West Markets

    • The future of manufacturing in Canada

    • Canadian prosperity and innovation

    • The Canadian dollar

  • Oil sands, climate change and the carbon economy

Learning Objectives:

You will understand the importance of FDI in the natural resource industry. You will understand the forces which are moving Canada’s economic centre to the West and its meaning for the rest of Canada.



Readings:

Relentless Change: A New World at Inco, pp. 200-220; Canada’s Black Gold, pp. 221-239; Oil Sands, pp. 318-339

http://www.oilsands.alberta.ca/about.html

http://canadians.org/energy/issues/tarsands/

http://www.fns.bc.ca/pdf/Harvard_Summary.pdf (pages 1-4)

http://www.miningandexploration.ca/firstnations/



WEEK 9 (March 9): MIDTERM #2 (25%)

Closed book, in-class 2 hour exam

March 12 & 13 no class in lieu of Midterm

WEEK 10 (March 19-20): NAFTA - Wine in Canada

  • History of the Wine Industry in Canada

    • VQA

    • The LCBO

  • International Wine Trade

  • NAFTA and National Treatment

    • NAFTA and Wine

  • Key Stumbling Blocks to Global Free Trade

Learning Objectives:

You will understand the importance of free trade and the transition to a globalized economy in Canada. You will be familiar with the topics of free trade, NAFTA, protectionism, (WTO/GATT, World Bank, IMF), trade wars, comparative advantage (Ricardo, Smith and Hume) and supply management in Canada.



Readings:

Relentless Change: The Challenging Years, pp. 243-260 AND Wine Industry, pp. 265-283


Free Trade Agreement (FTA) and North American Free Trade Agreement (NAFTA)


http://www.thecanadianencyclopedia.com/index.cfm?PgNm=TCE&Params=A1ARTA0003054

WEEK 11 (March 26-27): Bank of Canada and Confederation Life
  • History of Banking


  • What is a Central Bank?

  • Fractional Reserve Banking

  • Monetary Policy

  • The Bank of Canada
  • Profile of the Financial Services Industry in Canada


  • Key Differences between US and Canadian Banking Systems

    • How Canadian Banks Avoided the Mortgage Crisis

    • Confederation Life

    • Too Big To Fail

Learning Objectives:

You will understand the rationale for central banks and the history of the Bank of Canada. You will know what monetary policy is and why it matters. You will understand the financial services industry, one of the key industries of any country. You will understand the complex relationship between ‘non predatory government’ and the financial system.



Readings:

Relentless Change: CASE: CONFEDERATION LIFE, PP. 286-301 AND RBC, PP.303-317 AND CONCLUSION, PP. 340-355



Canadian Financial institutions A Government of Canada explanation.

WEEK 12 (April 2 & 3): WRAP-UP AND FINAL EXAM REVIEW

THIRD IN-CLASS GROUP ASSIGNMENT

Additional Information


See the new procedures for Deferred Standing on the School of Admin Studies website

IMPORTANT COURSE INFORMATION


The Senate Academic Standards, Curriculum and Pedagogy (ASCP) provides a Student Information Sheet that includes:

• York's Academic Honesty Policy and Procedures / Academic Integrity Web site

• Access/Disability

• Ethics Review Process for Research Involving Human Participants

• Religious Observance Accommodation

• Student Code of Conduct


Additional information:

• Academic Accommodation for Students with Disabilities

• Alternate Exam and Test Scheduling

• Grading Scheme and Feedback Policy


The Senate Grading Scheme and Feedback Policy stipulates that (a) the grading scheme (i.e. kinds and weights of assignments, essays, exams, etc.) be announced, and be available in writing, within the first two weeks of class, and that, (b) under normal circumstances, graded feedback worth at least 15% of the final grade for Fall, Winter or Summer Term, and 30% for ‘full year’ courses offered in the Fall/Winter Term be received by students in all courses prior to the final withdrawal date from a course without receiving a grade.

• Important University Sessional Dates ( you will find classes and exams start/end dates, reading/co-curricular week, add/drop deadlines, holidays, University closings and more.

http://www.registrar.yorku.ca/importantdates/index.htm

• "20% Rule"

No examinations or tests collectively worth more than 20% of the final grade in a course will be given during the final 14 calendar days of classes in a term. The exceptions to the rule are classes which regularly meet Friday evenings or on Saturday and/or Sunday at any time, and courses offered in the compressed summer terms.

• Final course grades may be adjusted to conform to Program or Faculty grades distribution profiles.

• Services for Mature and Part-time Students

The Atkinson Centre for Mature and Part-time Students (ACMAPS) maintains and strengthens York University’s ongoing commitment to welcome and to serve the needs of mature and part-time students. For further information and assistance visit: http://www.yorku.ca/acmaps

Last modified: Dec 14, 2012

RELEVANT UNIVERSITY REGULATIONS

Deferred Exams: Deferred standing may be granted to students who are unable to write their final examination at the scheduled time or to submit their outstanding course work on the last day of classes. In order to apply for deferred standing, students must register at http://apps.eso.yorku.ca/apps/adms/deferredexams.nsf. Followed by handing in a completed DSA form and supporting documentation directly to the main office of the School of Administrative Studies (282 Atkinson) and add your ticket number to the DSA form. The DSA and supporting documentation must be submitted no later than five (5) business days from the date of the exam. These requests will be considered on their merit and decisions will be made available by logging into the following link http://apps.eso.yorku.ca/apps/adms/deferredexams.nsf. No individualized communication will be sent by the School to the students (no letter or e-mails).

Students with approved DSA will be able to write their deferred examination during the School's deferred examination period. No further extensions of deferred exams shall be granted. The format and covered content of the deferred examination may be different from that of the originally scheduled examination. The deferred exam may be closed book, cumulative and comprehensive and may include all subjects/topics of the textbook whether they have been covered in class or not. Any request for deferred standing on medical grounds must include an Attending Physician's Statement form; a “Doctor’s Note” will not be accepted.

DSA Form: http://www.registrar.yorku.ca/pdf/deferred_standing_agreement.pdf


Attending Physician's Statement form: http://www.yorku.ca/laps/council/students/documents/APS.pdf
The deferred examinations for the Winter 2013 term shall be held in the period May 24, 25, 26, 2013.

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