Understand the key distinctions between a board of directors and board of trustees to ensure your organization has the right governance structure in place. While both provide strategic oversight, a board of directors focuses on for-profit corporations, making decisions to maximize shareholder value. In contrast, a board of trustees serves charitable organizations, prioritizing the nonprofit’s mission and stewarding its assets. Boards of directors have a fiduciary duty to the company and can be held liable, whereas trustees are generally protected from personal liability. Carefully consider your organization’s goals, …
Read More8 Game-Changing Emerging Technologies Reshaping Canadian Businesses
Harness the power of emerging technologies to propel your business into the future. In today’s rapidly evolving digital landscape, staying ahead of the curve is not just an advantage—it’s a necessity. As a Canadian entrepreneur or industry professional, embracing cutting-edge innovations can unlock new opportunities, streamline operations, and revolutionize the way you interact with customers.
From artificial intelligence and blockchain to the Internet of Things and beyond, this article will explore eight game-changing technologies poised to reshape industries across the nation. Discover real-world success stories of …
CBD: Controlled Substance or Legal Health Supplement?
Cannabidiol (CBD) has surged in popularity in recent years, promising a range of potential health benefits. But for Canadian businesses and entrepreneurs looking to enter the CBD market, a critical question looms: Is CBD a controlled substance? The answer is not as straightforward as it may seem.
While derived from cannabis plants, CBD itself is not psychoactive like its cousin THC. However, its legal status in Canada hinges on several key factors – the source of the CBD, how it’s produced and marketed, and evolving regulations. Navigating this complex landscape is essential for anyone serious about building a CBD …
Inside an Electric Vehicle Battery: From Mining to Road-Ready
Electric vehicle (EV) batteries are the driving force behind the automotive industry’s shift towards sustainable transportation. Canada is poised to be a global leader in this transformative technology, with its abundance of essential mineral resources and thriving cleantech organizations. This article will take you on a journey through the complex yet fascinating process of how these powerful batteries are manufactured, from the extraction of raw materials to the final assembly of the finished product. Along the way, we will …
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