Search

Presents news briefs relating to Canada. Criticism of the Canadian government for giving belated recognition to a contingent of Canadian soldiers, training with U.S. and British military forces, for dangerous war-zone service; Fall in the share value of Air Canada following its efforts to seek bankruptcy protection; Use of paper face masks to prevent infection with severe acute respiratory syndrome (SARS); Orders from Major League Baseball to sing "God Bless America" during the seventh inning stretch at baseball games; Criticism of a music video made by Madonna which condemns the war in Iraq.

Nevertheless, it's that time of year again when we all dust off our crystal balls to forecast what the business community might expect in the months ahead. It's never easy. Honestly, who could have foreseen the wild ride the markets-and several companies-took in 2002? The staff of "Canadian Business" decided to take a stroll down Memory Lane to contrast some notable forecasts about 2002 with what actually happened. Let's hope the coming year proves just a tad more predictable.

Presents an editorial on two topics. The seeming failure of the Kyoto accord due to the pulling out of Russia by President Vladimir Putin; Purpose of the accord which was to reduce emissions of greenhouse gases; Refusal of the United States to ratify; Reconsideration of the Canadian position with the incoming prime minister Paul Martin; Thoughts on the reorganization of Air Canada currently in bankruptcy and how the creditors are not getting what they are due; Vote by Air Canada's board to accept buy out offer from Trinity Time Investments; Higher offer from Cerberus Capital of New York which was rejected; Belief that bidders of all nationalities should be welcomed in the process.