Can Canada afford big corporate stock buybacks?
Front Burner27 Helmi 2023

Can Canada afford big corporate stock buybacks?

Loblaw Companies, the country’s biggest grocery chain, reported its finances for 2022 on Thursday. In a year when Canadians felt the squeeze from skyrocketing grocery bills increased by inflation, the retailer posted net earnings of $2.3 billion dollars. Also in 2022, Loblaw spent $1.3-billion on something called stock buybacks, which pulls shares off the market and tends to pump up the prices of those still held by investors and executives. Loblaw isn’t alone in carrying out billion-dollar share buybacks. Today, CBC business journalist Pete Evans returns to explain why so many buybacks are happening, and why critics say they’re happening at the expense of Canadian workers, customers and productivity. For transcripts of this series, please visit: https://www.cbc.ca/radio/frontburner/transcripts

Tämä jakso on lisätty Podme-palveluun avoimen RSS-syötteen kautta eikä se ole Podmen omaa tuotantoa. Siksi jakso saattaa sisältää mainontaa.

Jaksot(2073)

Weekend Listen: Hunting the Suicide Salesman

Weekend Listen: Hunting the Suicide Salesman

Following the critically acclaimed series Hunting Warhead, Season 2: Hunting the Suicide Salesman follows host Daemon Fairless as he takes us inside another dark corner of the internet: the online wor...

6 Kesä 48min

Minister defends Canada’s new AI strategy

Minister defends Canada’s new AI strategy

Canada has released its long-awaited national artificial intelligence strategy. It comes as a significant portion of the country feels uneasy about what impact the technology will have. Evan Solomon, ...

5 Kesä 31min

Can Canada avoid a deepening recession?

Can Canada avoid a deepening recession?

Canada has entered a “technical recession,” leading to fingerpointing in the House of Commons and Donald Trump renewing his calls to make Canada the 51st state.Many economists are disputing that this ...

4 Kesä 29min

Wab Kinew takes on separatism and big-tech

Wab Kinew takes on separatism and big-tech

Manitoba Premier Wab Kinew is planting his federalist flag, wading into the Alberta separatism debate and making the case for a major new nation building project in his province. Today we speak to the...

3 Kesä 33min

How the UFC became a stage for Trump

How the UFC became a stage for Trump

At Donald Trump’s election victory event in 2024, he was flanked on stage by a collection of family, senior staff, and Ultimate Fighting Championship president and CEO, Dana White. The UFC has, in man...

2 Kesä 34min

Does a ‘peace deal’ fuel Middle Eastern war?

Does a ‘peace deal’ fuel Middle Eastern war?

Negotiations for an end to the war in Iran took a baffling turn last Monday when U.S. President Donlad Trump declared via social media that he would be willing to end the war in exchange for a number ...

1 Kesä 31min

Weekend Listen: Artificial Intimacy

Weekend Listen: Artificial Intimacy

What happens when a human becomes intimately enmeshed with a chatbot? From people who’ve married their bots or who grieve their loved ones with the help of AI, host Victoria Hetherington (author of Th...

30 Touko 37min

Politics! Surveillance backlash, separatism drama

Politics! Surveillance backlash, separatism drama

CBC parliamentary reporters Aaron Wherry and Catharine Tunney are back to talk about the big political stories of the week including: Prime Minister Mark Carney losing high-profile MP Steven Guilbeaul...

29 Touko 31min

Suosittua kategoriassa Politiikka ja uutiset

uutiscast
aikalisa
rss-ootsa-kuullut-tasta
politiikan-puskaradio
ootsa-kuullut-tasta-2
rss-vaalirankkurit-podcast
otetaan-yhdet
rss-podme-livebox
rss-asiastudio
the-ulkopolitist
et-sa-noin-voi-sanoo-esittaa
tervo-halme
rss-girls-finish-f1rst
rss-pinnalla
linda-maria
viisupodi
rss-mina-ukkola
rss-vain-talouselamaa
rss-ulkopoditiikkaa