Monday July 21, 2008
REPORT ON BUSINESS FRONT PAGE 
IMF ripe for shakeup, Paul Martin says
The credit crisis will spark a long-awaited overhaul of the International Monetary Fund by forcing nations such as the United States and Britain to acknowledge they lack moral authority to guide the world economy unchallenged, former prime minister Paul Martin predicts.
Canadians prove to be laggards in buying cellphones
Canada lags other developed nations in mobile phone ownership, falling behind a global average of 30 countries, says an international survey being released today.Only 69 per cent of Canadians between the ages of 16 and 60 use a cellphone at this time, compared with 90 per cent in the United States and 97 per cent in Britain.
TRANSCANADA AWAITS THE GOVERNOR'S CALL
Through 35 years of false starts and disappointments, it's been Alaska's greatest pipe dream: A natural-gas pipeline that would unlock the state's rich gas reserves for the massive market in the continental United States.
Coconuts, pond scum: How green is your tarmac?
The message painted in green on the eight-storey-high tailfin of the Airbus A380 - ''A better environment inside and out'' - could be seen from just about anywhere at the Farnborough air show, near London, last week. The aviation industry wants you to know it's cleaning up its act.
GLOBE INVESTOR
All that glittersDecreased diamond mine production prompts Harry Winston to shift focus to its retail empire. Page 7
COLUMNISTS
You say crisis. I say opportunity
The Chair's report on the 34th meeting of G8 leaders earlier this month states: ''In response to the sharp rise in oil prices ... we emphasized the need for increased production and refining capacities ...''
MONEY & MARKETS
MEETINGS THIS WEEK
WEDNESDAYZarlink Semiconductor Inc.400 March Rd., Ottawa, 10:30 a.m.THURSDAYAinsworth Lumber Co. Ltd.Four Seasons Hotel, 791 W. Georgia St., Vancouver, 8 a.m.Templeton Growth Fund Ltd.
INTERNATIONAL BUSINESS
Mac division could steal iPhone's thunder
Considering all the hype surrounding the iPhone, it's easy to forget that Apple Inc. is first and foremost a personal computer company. While the iPhone is Apple's most buzz-inducing product, it is the Macintosh computer division that is expected to take centre stage when the Cupertino, Calif.-based company reports its fiscal third-quarter financial results after the markets close today.
CANADIAN BUSINESS
SMG deal deepens U.S. foray for Web consulting
The Canadian consulting firm that has grown to become North America's largest independent social media marketing group is about to get a little bigger. Today, Toronto-based Social Media Group (SMG) is expected to announce it has signed a letter of intent to acquire Livingston Communications of Washington for an undisclosed amount of cash and stock.
Hands off? Not when our national interest is at stake
Did the recent report of Lynton (Red) Wilson's panel, Compete to Win, address the hollowing out concerns of Canadians about foreign takeovers of key Canadian companies in the resource and heavy industry sectors? Not in my view.
Seeing beyond the headlights
It's a jungle in the tech world, and Tom Jenkins' company, Open Text Corp., has clawed its way to become Canada's largest software firm. Through the meltdowns and mergers, Mr. Jenkins, 48, has evolved from CEO into executive chairman and chief strategy officer at Open Text, an Internet company that is one of the most luminary members of Waterloo, Ont.'s high-tech cluster. He has also taken time to sit on a high-profile competition policy review panel which reported on Canada's economic challenges.
Remarkable? Prove it
Daren Tracey and his business partner, Chris Kelly, are hoping they will soon be walking all over their competition. Their months-old, Halifax-based company, Remarkable Surfacing, is aiming to cement itself in the firmly established and very crowded world of contract paving.
Lowered tariffs won't hurt Canada's food supply: Fortier
International Trade Minister Michael Fortier says he's confident Canada will be able to protect its sheltered dairy, egg and poultry industries from disruption if countries strike a deal on lowering global commercial barriers at crucial talks in Geneva this week.
GENERAL BUSINESS
MONDAY MORNING MANAGER: Harvey Schachter's guide on how to handle everything from overflowing e-mail to meeting overload
If you want to unlock the puzzle of employee motivation, you need to focus on four basic emotional needs of human beingsNitin Nohria and Boris Groysberg of Harvard Business School and Linda-Eling Lee of the Center for Research on Corporate Performance say two studies they recently completed show an organization's ability to meet these four fundamental drives explains, on average, about 60 per cent of employees' variance on motivational indicators, whereas previous models have only explained about 30 per cent. They stress that the four drives must be satisfied in concert; a poor showing on one substantially diminishes the impact of high scores on the other three:
THIS WEEK
Monday, July 21CN profit reportCanadian National Railway Co. reports. A second-quarter share profit of 87 cents is expected, down from 95 cents last year.Apple, Texas Instruments
GLOBE INVESTOR
Sales are this company's best friend
With fewer diamonds being pulled from its mine in the Northwest Territories, investors are taking a closer look at Harry Winston Diamond Corp.'s luxurious retail division. If recent share performance is any indication, they're not overly impressed.
'We are seeing evidence of demand destruction for oil'
A massive rotation last week out of resources and into the financials and other walking-wounded has shaken investor confidence and could signal a need for a change in strategy.
