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Macleans

Thomson Sells His Newspapers

This article was originally published in Maclean’s magazine on February 28, 2000. Partner content is not updated.

It was an empire built upon scratchy radio stations, weekly newspapers and the hardscrabble mentality of Northern Ontario in the midst of the Great Depression. Founder Roy Thomson was like nothing Canada had ever produced.

Macleans

Bre-X Strikes It Rich in Indonesia

This article was originally published in Maclean’s magazine on March 3, 1997 Partner content is not updated.

John Felderhof is pacing like a panther. Boxed in a place he does not want to be. Hounded by people he does not like. He is grey-pale, his skin approximating the color of the smoke that rises from his Marlboro cigarette. Outside, the Jakarta air hangs at 30°C. The scenery is chaotic, Kodachromatic.

Macleans

Belgian Brewery Buys Labatt

This article was originally published in Maclean’s magazine on June 19, 1995. Partner content is not updated.

Then, three months ago, an opening suddenly appeared when takeover artist Gerald Schwartz of Toronto-based Onex Corp. began laying the groundwork for a hostile bid of $2.3 billion for John Labatt Ltd. of Toronto.

Macleans

Newcourt Credit

This article was originally published in Maclean’s magazine on February 23, 1998. Partner content is not updated.

Steven Hudson learned early about the power of performance-based compensation. As a teenager in Scarborough, Ont., he took a job at a bingo hall for seniors, pushing a refreshment cart up and down the aisles. The more chips and popcorn he sold, the more money he took home.

Macleans

Wal-Mart Causes a Revolution

This article was originally published in Maclean’s magazine on May 6, 1996. Partner content is not updated.

Dashing from aisle to aisle in a newly opened Canadian Tire store in Newmarket, Ont., Stephen Bachand looks like a politician in mid-campaign. The U.S.-born businessman pumps hands with employees, shows off the building's features and passionately preaches about the "New Tire.

Macleans

Rogers Buys Vidéotron

This article was originally published in Maclean’s magazine on February 21, 2000. Partner content is not updated.

On Bay Street they call him the king of cable, but Ted Rogers' ambitions have always extended far beyond the television set. For years, the founder and chief executive officer of Rogers Communications Inc.

Macleans

CP Rail Leaves Montreal

This article was originally published in Maclean’s magazine on December 4, 1995. Partner content is not updated.

Ever since the first CP train pulled out of Montreal on June 28, 1886, bound for the new province of British Columbia, Canadian Pacific has played a dominant role in the nation's corporate mythology. And so last week, when CP Ltd.

Macleans

Bronfman Versus Hollywood

This article was originally published in Maclean’s magazine on May 25, 1998. Partner content is not updated.

Montreal's Bronfman family is no stranger to controversy. After arriving in Canada from Russia in the 1890s, they made a fortune outrunning federal tax collectors and selling whisky to American mobsters. The next generation made headlines tussling over control of the family firm, Seagram Co. Ltd.

Macleans

Inside the Rig

This article was originally published in Maclean’s magazine on March 3, 1997. Partner content is not updated.

On this crisp, clear mid-February afternoon, the mechanical colossus - the so-called topsides of the Hibernia drilling rig - towers over the shimmering waters of Newfoundland's Bull Arm.

Macleans

TD Bids for Canada Trust

This article was originally published in Maclean’s magazine on August 16, 1999. Partner content is not updated.

Edmund Clark is accustomed to trouble. Clark, 51, a career civil servant and financial services manager, was once nicknamed "Red Ed" for his role as one of the federal bureaucrats who designed the Trudeau government's National Energy Program in 1980.

Macleans

CN Cuts 3,000 More Jobs

This article was originally published in Maclean’s magazine on November 2, 1998. Partner content is not updated.

Necessary downsizing or corporate greed? Canadian National Railway Co.’s announcement last week of plans to slash 3,000 jobs quickly prompted those diametrically opposed views. CN executives said the cuts were required to make the company more competitive.

Article

Brewing Industry in Canada

Brewing in Canada evolved from a household necessity into a commercial industry that, while short lived in New France, grew rapidly under British rule. From its regional roots to national consolidation and the rise of the craft beer movement, the brewing industry has both shaped and adapted to Canadians’ tastes. Aside from a brief period of Prohibition, it has also been a large, stable source of tax income for governments. In 2016, beer accounted for roughly $13.6 billion of Canada’s gross domestic product, or 0.7 per cent of the economy. The industry employs nearly 149,000 people, or 0.8 per cent of Canadian workers.

Macleans

General Motors Strike Settled

This article was originally published in Maclean’s magazine on October 28, 1996. Partner content is not updated.

For picketing Canadian autoworkers, it was a symbolic gesture. With the strike against General Motors of Canada Ltd. dragging into its third week, tempers flared at a cavernous GM plant in Oshawa, Ont.

Macleans

BC Telecom/Telus Merger

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

George Petty is a plain-speaking guy, not prone to superlatives. So when he told Telus Corp. shareholders last April that he wanted to turn the Alberta telecommunications company into one of the world’s "premier communications" firms, he was not bluffing.

Macleans

Bre-X Collapses

This article was originally published in Maclean’s magazine on May 19, 1997. Partner content is not updated.

It was a cool night in Jakarta and the Shangri-La hotel was all aglitter. Valentine’s Day, 1997. Young couples swayed through the lobby, the ladies carrying helium heart-shaped balloons and single roses. A piano player sat at a full-sized grand, playing Johnny Mathis tunes.

Macleans

CIBC-TD Merger

This article was originally published in Maclean’s magazine on April 27, 1998. Partner content is not updated.

This time, Paul Martin kept his cool. Last January, the Bank of Montreal and Royal Bank announced plans to merge and create one superbank, with assets of $453 billion.