At the annual ITAC dinner in Toronto on Tuesday, Ted Rogers delivered a patriotic message, referring to Canada Day on Saturday, supporting increases in military spending and in response to a question from the floor, he expressed concerns about the announcement that Canadian mining giants Falconbridge and Inco are being sold to Arizona-based Phelps Dodge.
In a reference to corporate philanthropy, Ted took a swipe at the challenge of getting a foreign based company interested in making substantive contributions to local hospital.
With Nortel’s CEO Mike Zafirovski facing shareholders today at its AGM, we note that speculation is rampant about what kind of company it will be next year – and will it remain a technology powerhouse, let alone a Canadian business icon. There are lots of Canadian institutions that are watching for signals.