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The Great Crash of 1929 in Canada
Editorial

The Great Crash of 1929 in Canada

In late October of 1929, terror seized the stock exchanges of North America. Capitalism’s speculative party, with its galloping share prices and its celebrity millionaires, came to an abrupt stop. The Great Crash, it was called, and it was followed by the Great Depression.

Tim Hortons
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.

Toronto Feature: Eaton Centre
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.

Global Affairs Canada (GAC)
Article

Global Affairs Canada (GAC)

Global Affairs Canada (GAC) was originally founded as the Department of External Affairs in 1909 by Prime Minister Sir Wilfrid Laurier. The operations, mandate and title of the department have evolved over the years. Although legally incorporated as the Department of Foreign Affairs, Trade and Development, its public designation since 2015 has been Global Affairs Canada.  The department is responsible for overseeing Canada’s international engagement, including diplomatic relations, providing consular services, promoting international trade and international law, and leading Canada’s international development and humanitarian assistance.

Capitalism in Canada
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.

Monty Quits as BCE CEO
Macleans

Monty Quits as BCE CEO

This article was originally published in Maclean’s magazine on May 6, 2002. Partner content is not updated.

In preparation for a meeting of the board on Friday, April 19 - five days before his surprise resignation shocked Canada's business community - Jean Monty spoke privately and individually with each of his 12 fellow directors. He wanted to talk through his strategy for beleaguered BCE INC.

Cigarette Packaging
Macleans

Cigarette Packaging

This article was originally published in Maclean’s magazine on January 31, 2000. Partner content is not updated.

Perhaps, but if Rock gets his way cigarette packaging is about to go from colourful and cool to downright disturbing.

Newcourt Merges with CIT
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.

Bronfman Sells DuPont
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.

Exxon and Mobil to Merge
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.

Mercedes-Chrysler Merge
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.

Eaton's Seeks Bankruptcy Protection
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.

Martin's 1996 Budget
Macleans

Martin's 1996 Budget

This article was originally published in Maclean’s magazine on March 18, 1996. Partner content is not updated.

If Martin has his way, there will be one more budget - if only because he could then announce the virtual elimination of the federal deficit by the turn of the century.