Business in the Canadian Context-adms 1010 Calendar Description

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
  

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.

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

Week 2 (January 15 & 16): Defining Canada

• 
  Theoretical Models: Stern Diamond; Porter Diamond
  
• 
  Banking in Canada
  

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:

• 
  Crown Corporations
  
• 
  Laurier and Reciprocity
  
• 
  Keynesianism
  

• Privatization and Nationalization

• Vocabulary: Market failures, intervention, free markets

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

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
  

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.

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

Foreign Ownership of Canadian Companies

Foreign Investment in Canada

Models for International Trade

• 
  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
  

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.

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
  

• 
  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
  

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.

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/

• 
  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
  

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.

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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