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Article

Shipping Industry

Shipping is often the least expensive way of moving large quantities of goods over long distances. The existence of reliable water transportation has been a key to the economic and political well-being of most nations throughout history.

Article

Icewine

​Canada didn’t invent icewine but in the space of a couple of decades it has become the Canadian product that is most sought after by the international wine community.

Article

SNC-Lavalin

SNC-Lavalin is a global engineering and construction firm based in Montreal, Quebec. It works in several industries including oil and gas, mining, cybersecurity and nuclear power. It also builds public and private infrastructure around the world.

The company began in 1911 as an engineering consultant for power projects. In 1991, the original company, called SNC, merged with competitor Lavalin to become SNC-Lavalin. Today it employs some 50,000 people in more than 50 countries. In 2018, it registered $10.1 billion in revenue.

In Canada, the company has received contracts to build major transit projects in cities including Toronto, Montreal and Vancouver. Worldwide, SNC-Lavalin oversees resource-extraction and infrastructure projects in North America, the Asia-Pacific region, Europe and the Middle East.

Since 2011, allegations of fraud and corruption on the part of SNC-Lavalin and several of its executives have plagued the company with scandal.

Article

Canopy Growth Corporation

Canopy Growth Corporation was the first cannabis company in North America to be federally regulated and publicly traded. The Canadian company, headquartered in Smiths Falls, Ontario, produces a large portion of Canada’s legal cannabis flower, oils and edibles under its various brands. Its products are sold in all 13 Canadian provinces and territories. With more than two dozen subsidiaries and operations on five continents, Canopy is one of the world’s largest cannabis and hemp corporations. It employs 2,700 people full-time and is worth more than $20 billion.

Article

Tim Hortons

Tim Hortons is a Canadian restaurant chain known for its coffee, doughnuts and connection to Canada’s national identity. Its namesake, Toronto Maple Leafs defenceman Tim Horton (1930–74), founded the business with Montréal businessman Jim Charade. The first Tim Hortons doughnut franchise opened in Hamilton, Ontario, in April 1964. Since then, Tim Hortons has become Canada’s largest restaurant chain, operating 3,665 stores across the country as of 2016. In 1995, American fast-food chain Wendy’s bought Tim Hortons in a partnership that lasted until 2006. In 2014, the chain was again purchased by a foreign company, this time by Brazilian firm 3G Capital, known for its ownership of Burger King. Despite foreign ownership, Tim Hortons remains a Canadian cultural phenomenon.

Article

Toronto Feature: Eaton Centre

This text is from the free Toronto in Time app, which was created by The Canadian Encyclopedia and is available from the App Store and the Google Play store. Visit its companion website, which is linked below, to explore all the features of the app online.

Article

Capitalism in Canada

Capitalism is an economic system in which private owners control a country’s trade and business sector for their personal profit. It contrasts with communism, in which property effectively belongs to the state (see also Marxism). Canada has a “mixed” economy, positioned between these extremes. The three levels of government decide how to allocate much of the country’s wealth through taxing and spending.

Macleans

Newcourt Merges with CIT

This article was originally published in Maclean’s magazine on November 8, 1999. Partner content is not updated.

On May 5, hundreds turned up in their finest for the première of the National Ballet of Canada's revamped production of Swan Lake. Yet, as fabulous as artistic director James Kudelka's $1.6-million production was, an equally remarkable performance had taken place before the dancing ever started.

Macleans

Bronfman Sells DuPont

This article was originally published in Maclean’s magazine on April 17, 1995. Partner content is not updated.

Former film-maker Edgar Bronfman Jr. showed last week that he still has a flair for the dramatic. Investors and analysts were kept on the edge of their seats as the 39-year-old chief executive of Seagram Co. Ltd.

Macleans

Exxon and Mobil to Merge

This article was originally published in Maclean’s magazine on December 14, 1998. Partner content is not updated.

On a chilly spring day in 1911, the decision reverberated through the executive offices of the Standard Oil Trust like a thunderclap: the world’s biggest oil company was to be broken into 34 corporate pieces by order of the U.S. government. Upon hearing this, John D.

Macleans

Mercedes-Chrysler Merge

This article was originally published in Maclean’s magazine on May 18, 1998. Partner content is not updated.

No, Levi-Strauss is not in talks to merge with Italy's Armani. Nor, as far as anyone knows, is McDonald's planning to team up with a chain of snooty French restaurants.

Macleans

Eaton's Seeks Bankruptcy Protection

This article was originally published in Maclean’s magazine on March 10, 1997. Partner content is not updated.

All had gathered to pay their last respects to Signy Eaton, the matriarch of the Eaton clan, widow of John David who had led the family's mighty retail chain in the halcyon days of the 1950s and 1960s, when the company controlled half of the country's department store sales.