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Create AccountMercantilism is an economic theory that holds there is a fixed amount of wealth in the world and that a nation's prosperity depends on its success in accumulating wealth by exporting more than it imports, thereby earning profits from its exports.
The hotel was developed as part of the CPR’s (Canadian Pacific Railway) network of hotels, which built landmark hotels in young cities across Canada in order to encourage the use of its transcontinental lines. The Banff Springs Hotel is in the lineage of hotels such as the Chateau Lake Louise in Alberta, Le Chateau Frontenac in Québec City and the Empress Hotel in Victoria, British Columbia. Known as the “Castle in the Rockies,” the Banff Springs Hotel is predominantly in the Scottish Baronial style, featuring an Arts-and-Crafts interior.
Fowler Bauld & Mitchell Ltd. (FBM) is an architectural firm in practice since 1917, making it one of the oldest in Canada.
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.
5468796 is an architecture firm from Winnipeg, Manitoba founded by partners Johanna Hurme and Sasa Radulovic in 2007. The firm’s name is taken from its registration number.
The digital economy is the economic activity conducted through digital technologies such as the Internet. It is also called the Internet economy, the new economy or the web economy. Many scholars see the digital economy as the fourth industrial revolution. As of 2013, it consumed approximately 10 per cent of the world’s electricity. Many of the world’s biggest companies operate in the digital economy. A growing number of Canadians depend on it for their livelihood. In 2017, nearly 5 per cent of all jobs in Canada were in the digital economy. The gross domestic product (GDP) connected to it represented 5.5 per cent of Canada’s total economy — a bigger percentage than mining or oil and gas extraction. However, the often-hidden infrastructure of the digital economy brings new threats to the environment. The rise of cryptocurrencies could also dramatically change how people buy and sell things.
People did not start drilling for buried petroleum until the middle of the 19th century, though its existence had been known for centuries.
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.
On March 31, WestJet announced a promotion that tapped into the uncertainty many struggling consumers feel today. Tickets bought over the ensuing week came with an innovative price guarantee. If the same seat later went on sale, customers could get a credit for the difference.
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.
One of the honoured guests at the celebrations for the new provinces of Alberta and Saskatchewan in 1905 was the "railway king of Canada," Sir William Mackenzie.
With the current almost religious belief in privatization and the recent debate about selling off Ontario Hydro, it is timely to look back at a time when there was a very different view of what constituted the public good.
The strike that began on 14 February 1949 in Asbestos, Quebec, is one of those events that resonate beyond the immediate and define history. It was, as Pierre Trudeau later wrote, “a violent announcement that a new era had begun.”
Alphonse Desjardins (1854-1920) of Lévis, Quebec, was disgusted when he realized how poorly banks treated people all people, not just those with questionable solvency. He saw how difficult it was for the working classes to make a go of it.
This entry presents an overview of Québec cinema, from the burgeoning of a distinctly Québec cinema in the 1970s, to the production explosion that followed Denys Arcand’s Le déclin de l’empire américain (1986). It highlights the most important films, whether in terms of box office success or international acclaim, and covers both narrative features and documentaries. It also draws attention to an aspect of filmmaking that still has difficulty finding its place: women's cinema.
Vern Dry Hole Hunter, wiping the sweat from his eyes, looked at yet another dry well.
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.
Loblaw Companies Limited is a subsidiary of George Weston Limited. It operates supermarkets, drug stores, liquor stores and clothing stores. In 2018, Loblaw Companies Ltd. operated more than 2,400 stores, making it Canada’s largest food and drug retailer. It is a public company headquartered in Brampton, Ontario. It trades on the Toronto Stock Exchange under the symbol L.
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.
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.
