/channels/news_feeds/all/term/Canadian%20Emergency%20Wage%20Subsidy%20%28CEWS%29/rss en /channels/channels/news/new-policies-needed-address-cews-controversy-326964 <div class="field field-name-body field-type-text-with-summary field-label-hidden"><div class="field-items"><div class="field-item even"><p>Between April and September 20, 53 publicly-held Canadian companies paid out nearly $2 billion to their shareholders despite receiving more than $10 million in federal assistance through the Canadian Emergency Wage Subsidy (CEWS). Prof. <a href="//www.mcgill.ca/desautels/preetika-joshi"><strong>Preetika Joshi</strong></a> proposes policy changes that will direct future subsidies to the companies that need them most. <a href="https://www.cbc.ca/news/canada/montreal/cews-wage-subsidy-jobs-covid-1.5834790" target="_blank">Learn more</a></p> </div></div></div><div class="field field-name-field-primary-image field-type-image field-label-hidden"><div class="field-items"><div class="field-item even"><img class="no-float" src="/channels/files/channels/styles/wysiwyg_medium/public/channels/image/preetika-joshi-150x167.jpg?itok=h1kY0XHD" width="150" height="167" alt="" /></div></div></div><div class="field field-name-field-published-date field-type-datestamp field-label-hidden"><div class="field-items"><div class="field-item even"><div class="custom-multi-date"><div class="multi-date first"><span class="label">Published: </span><span class="day">10 </span><span class="month">December </span><span class="year">2020</span></div></div></div></div></div> Thu, 10 Dec 2020 20:16:12 +0000 webfull 166088 at /channels /channels/channels/news/shareholder-capitalism-sparks-controversy-326959 <div class="field field-name-body field-type-text-with-summary field-label-hidden"><div class="field-items"><div class="field-item even"><p>The news that more than 60 publicly held Canadian firms have received the Canadian Emergency Wage Subsidy (CEWS) while continuing to pay out dividends has sharply divided public opinion this week. Professor <a href="//www.mcgill.ca/desautels/preetika-joshi"><strong>Preetika Joshi</strong></a> enters the debate, pointing to the complexity of balancing profit with corporate responsibility during a crisis.</p> <p><a href="https://financialpost.com/investing/kevin-carmichael-on-the-question-of-cews-and-dividends-investors-will-ultimately-decide" target="_blank">Learn more</a></p> </div></div></div><div class="field field-name-field-primary-image field-type-image field-label-hidden"><div class="field-items"><div class="field-item even"><img class="no-float" src="/channels/files/channels/styles/wysiwyg_medium/public/channels/image/preetika-joshi-150x167.jpg?itok=h1kY0XHD" width="150" height="167" alt="" /></div></div></div><div class="field field-name-field-published-date field-type-datestamp field-label-hidden"><div class="field-items"><div class="field-item even"><div class="custom-multi-date"><div class="multi-date first"><span class="label">Published: </span><span class="day">10 </span><span class="month">December </span><span class="year">2020</span></div></div></div></div></div> Thu, 10 Dec 2020 19:57:13 +0000 webfull 166083 at /channels /channels/channels/news/68-canadian-companies-pay-out-billions-dividends-while-receiving-government-subsidies-326790 <div class="field field-name-body field-type-text-with-summary field-label-hidden"><div class="field-items"><div class="field-item even"><p>A recent investigation reveals that as 68 publicly-traded Canadian companies received at least $1.3 billion government assistance through the Canadian Emergency Wage Subsidy (CEWS), they paid out more than $5 billion in dividends during the same time period. According to Professor <a href="//www.mcgill.ca/desautels/preetika-joshi"><strong>Preetika Joshi</strong></a>, certain countries were more discerning than others when distributing corporate subsidies.</p></div></div></div><div class="field field-name-field-primary-image field-type-image field-label-hidden"><div class="field-items"><div class="field-item even"><img class="no-float" src="/channels/files/channels/styles/wysiwyg_medium/public/channels/image/preetika-joshi.jpg?itok=-U__GxEw" width="160" height="160" alt="" /></div></div></div><div class="field field-name-field-published-date field-type-datestamp field-label-hidden"><div class="field-items"><div class="field-item even"><div class="custom-multi-date"><div class="multi-date first"><span class="label">Published: </span><span class="day">7 </span><span class="month">December </span><span class="year">2020</span></div></div></div></div></div> Tue, 08 Dec 2020 00:03:05 +0000 webfull 165920 at /channels