Problem
Both BMO and Meridian included a clause on their loan agreements that COMPANY INC. will need to get their approval before undertaking any large projects. Comment on why you think such a clause was included in the same. Would such a clause benefit the institutions or COMPANY INC.?
Based on the Monetary Policy report of the Bank of Canada and the general economic conditions in the US, what would COMPANY INC.'s anticipation on interest rates be? Justify. What is Meridian? How will this company facilitate Company Inc.'s expansion?