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Justin Trudeau to Remain Canadian Prime Minister – Canada Election 2019

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Justin Trudeau wins second term as Canadian Prime Minister – Canada Election 2019

A nailbiting Canadian election looks set to see Justin Trudeau’s party remain the largest in parliament but without a majority.

Canadian voters have handed Justin Trudeau a second term as Prime Minister, though his centre-left Liberal Party lost seats and will go into minority government.

Trudeau’s victory came despite a drop in popularity since his landslide triumph in 2015 and the emergence of several photos during the election campaign of him posing in “brown face” as a young man.

Conservative leader Andrew Scheer was unable to generate enough enthusiasm among voters to win the seats required to form government.

The Conservatives’ pledge to repeal the country’s carbon tax failed to resonate with voters in the electorally important suburbs of Ontario and Quebec.

In his victory speech Trudeau said that he had heard the frustration of Canadians who did not support his party.

“We will govern for everyone regardless of how you cast your ballot,” he said.

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“We seek hardship for none and prosperity for all – that is the world we are working towards.”

US President Donald Trump, who has had an often tense relationship with Trudeau, tweeted: “Congratulations to @JustinTrudeau on a wonderful and hard fought victory. Canada is well served. I look forward to working with you toward the betterment of both of our countries!”

In his concession speech Scheer predicted that Trudeau’s second term would be short-lived and pointed out that his party won more votes than the Liberals.

Canada Election 2019

“Tonight Conservatives have put Justin Trudeau on notice,” he said to applause from party loyalists.

“And Mr Trudeau when your government falls Conservatives will be ready and we will win … We are the government in waiting.”

It was a tight election campaign that raised the threat of Trudeau being knocked from power after one term.

Polls indicate Trudeau’s Liberal Party could lose to the rival Conservatives, or perhaps win but still fail to get a majority of seats in parliament and have to rely on an opposition party to remain in power.

Not in 84 years has a first-term Canadian prime minister with a parliamentary majority lost a bid for re-election.

After winning power four years ago, Trudeau created a gender-balanced cabinet and legalised assisted dying and recreational marijuana.

The economy has performed strongly since his 2015 victory, with unemployment at 5.5 per cent.

But Trudeau has recently been dogged by scandals, especially the so-called SNC-Lavalin affair.

In August the Canadian Parliament’s ethics commissioner found that Trudeau improperly influenced the then minister of justice and attorney-general to intervene in a criminal case against SNC-Lavalin, a Quebec-based construction company.

The affair led to the downfall of two cabinet ministers and Trudeau’s top advisor.

Earlier this year Trudeau’s approval ratings sank to 28 percent, significantly lower than Trump’s.

“He can’t even remember how many times he put blackface on, because the fact of the matter is he’s always wearing a mask,” Scheer said during a campaign leaders’ debate.

The Conservatives tried to capitalise on Trudeau’s unpopularity, but failed to expand support beyond their base in western Canada.

Speaking to supporters on Monday night, Bloc Québécois leader Yves-François Blanchet ruled out forming a coalition government with either major party.

But he said his party would work together on policies that improve life for Quebec’s residents.

“This is a Parliament we will have to make work,” he said.

New Democrat leader Jagmeet Singh said his party did not achieve the results it wanted but would “play a constructive and positive role in the new government that Canadians have chosen”.


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WATCH: Trump’s Speech at the Economic Club of New York

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TRump's Econimc Speach Veterans DAy

Trump’s speech at the prestigious Manhattan club is expected to credit his policies for the strong economic numbers felt during his presidency.. Trump will likely highlight the low unemployment rate and high consumer confidence, as well as wage growth.

The president’s address is also expected to touch on his trade policies, the official said, amid continued negotiations over “Phase One” of a trade overhaul with China.

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Former McDonald’s CEO Stephen Easterbrook Getting Millions Leaving Spotlight on Pay Gap

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Stephen Easterbrook

Former McDonald’s CEO Stephen Easterbrook is getting an exit package of almost $42 million 

At first glance, it might appear that Stephen Easterbrook left his post as CEO of McDonald’s Corporation with peanuts. But a closer look reveals is getting an exit package of almost $42 million after his relationship with an employee was found to violate company policy. The size of his compensation puts a new focus on the widening gap between the pay at the top and the bottom of the corporate ladder.

According to an analysis by executive-compensation experts at Equilar, Easterbrook’s exit package totals $41.8 million, which includes six months of severance pay, shares he can cash out in the future and other equity. And that amount is in addition to $23.8 million in stock options that Easterbrook can exercise now.

“Wow, he is walking away with a lot of money,” says Cornell Law School professor Stewart Schwab, an expert on employment law. “And it comes out as part of the story of just, wow, [the] 1% getsa lot more money than the rest of the workers in this economy.”

It’s relatively unusual for a CEO to receive a severance package after being fired. But the board of directors at McDonald’s determined his firing to not be for cause — a threshold that varies by company. And litigation in a protracted dispute can be tricky and expensive.

Writing to employees this week, Easterbrook said: “I engaged in a recent consensual relationship with an employee, which violated McDonald’s policy. This was a mistake.” No further details were disclosed, but McDonald’s current policy prohibits employees who “have a direct or indirect reporting relationship” with one another from dating or having a sexual relationship.

McDonald’s latest disclosures show that in 2018, Easterbrook made $15.9 million. That’s 2,124 times more than a McDonald’s median employee — a part-time crew member working in Hungary. According to Glassdoor, a U.S. crew member at McDonald’s makes an average of $9 an hour.

McDonald’s did not respond to NPR’s inquiries, including those about median salary in the United States.

“A big story of the income inequality and explanation for it is that top executives, and in particular the CEO, does have the exploding pay compared to the rank and file,” Schwab says. “And this is an example of that.”

Easterbrook joined McDonald’s in 2015, and his tenure was praised by company watchers. The fast-food chain’s stock price hit historic highs under his efforts to revamp both the restaurants and the menu.

But Easterbrook also presided over the company as it faced allegations of rampant sexual harassment of female employees by male co-workers and managers. (To be clear, his departure does not involve harassment allegations.)

In May, workers in 13 U.S. cities staged protests against low pay and the company’s handling of alleged sexual harassment. In recent years, dozens of McDonald’s workers have filed sexual harassment complaints, alleging everything from lewd comments and groping to retaliation

“What we see all the time from minimum-wage workers is that once you complain, retaliation is common,” says Sharyn Tejani, director of the Time’s Up Legal Defense Fund, which works with victims who allege sexual harassment.

“That takes the form of losing shifts, losing your job, not being able to stay at your job, being disciplined. And … they don’t have any cushion,” she says. “And when you compare that to what happens to somebody like the CEO, it’s clear that there’s a structural problem here.”

Following worker complaints, McDonald’s announced in August that it would introduce an anti-harassment training program for U.S. workers. The program, which began in October, trains restaurant supervisors and crew members on how to create a safe workplace and defuse difficult situations.

Earlier in the year, McDonald’s also made an unexpected commitment to no longer lobby against minimum-wage hikes at the federal, state and local levels. In mid-2015, McDonald’s added at least $1 an hour more to the local minimum wage to employees of the restaurants owned by the corporation. The majority of McDonald’s locations are owned by franchisees.

In 2015, research by the UC Berkeley Center for Labor Research and Education found that more than half of fast-food workers rely on public assistance programs like food stamps. The research did not specifically focus on McDonald’s.

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McDonald’s CEO fired for consensual relationship with employee

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McDonald’s CEO Steve Easterbrook out after ‘poor judgment’ involving relationship with employee

McDonald’s board voted to remove CEO Steve Easterbrook, the fast-food giant announced on Sunday, citing “poor judgment involving a recent consensual relationship with an employee.”

Chris Kempczinski, the current president of McDonald’s USA, has been named CEO effective immediately. He will also join the board.

“Kempczinski succeeds Steve Easterbrook, who has separated from the Company following the Board’s determination that he violated company policy and demonstrated poor judgment involving a recent consensual relationship with an employee,” the company said.

McDonald’s CEO Easterbrook, who is divorced, wrote in an email to employees that the consensual relationship “was a mistake.”

“As for my departure, I engaged in a recent consensual relationship with an employee, which violated McDonald’s policy,” Easterbrook wrote. “This was a mistake. Given the values of the company, I agree with the board that it is time for me to move on. Beyond this, I hope you can respect my desire to maintain my privacy.”He also said that his time as CEO “have been the most fulfilling years of my working life.”

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Easterbrook had served as CEO since March 2015. Easterbrook, who is British, joined McDonald’s in 1993 as a financial reporting manager based in London. Throughout his career, he served as the global chief brand officer, president of McDonald’s Europe, and CEO of McDonald’s U.K. He also spent time as a McDonald’s restaurant manager. On a now-removed corporate webpage, McDonald’s said Easterbrook led its turnaround “by sparking the evolution of its company culture.”

Enrique Hernandez Jr., chairman of McDonald’s board of directors, called new CEO Kempczinski “the best leader to set the vision and drive the plans for the Company’s continued success.”

“He has the right mix of skills and experience to lead us forward having run our U.S. business, where franchisees are delivering strong financial and operational results, and overseen global strategy, business development and innovation,” Hernandez said in a statement. “In particular, Chris was instrumental in the development of the Company’s strategic plan, which has enabled global growth and leadership, and has overseen the most comprehensive transformation of the U.S. business in McDonald’s history.”

Meanwhile, Joe Erlinger, president of the international operated markets, will take over Kempczinski’s most recent role as president of McDonald’s USA, effective immediately.

Shares of McDonald’s closed down 1.4%, -$2.76, on Friday to end the week at $193.94.

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