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Create AccountOver the past year, Jean Monty has been buying up properties and piling them on top of one another much like a winner at a blackjack table stacks his chips in multicoloured towers. In February, the chairman and chief executive of BCE Inc. dished out $6.8 billion for control of Teleglobe Inc.
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.The plot is like something out of a Mordecai Richler novel. Sharp-eyed, compulsive-smoking Jewish guy from, of all places, small-town Manitoba goes nose to nose with equally sharp-eyed, private-school-educated WASP from Toronto for the big enchilada.
Encana Corporation produces, transports and markets oil and natural gas. It was formed in 2002 through the merger of the Alberta Energy Company Ltd. and the PanCanadian Energy Corporation. In 2009, the company split in two. Encana remained a corporate entity focused on the exploration, production and marketing of natural gas, and Cenovus Energy was formed to concentrate on oil exploration, production and sales. In 2019, Encana announced plans to move its corporate headquarters from Calgary, Alberta to Denver, Colorado and rebrand as Ovintiv Inc. Encana Corporation earned $5.9 billion in revenue and $1.07 billion in profit in 2018, and it held $15.3 billion in assets. It is a public company that trades on the Toronto Stock Exchange and New York Stock Exchange under the symbol ECA.
The oldest of the Canadian software labs - situated in Toronto - is the only facility in North America to house development for all five major software brands for IBM.
The WEM remains the largest shopping centre in North America. It was among the first shopping centres to offer a wide range of amenities, from water parks to themed streets - attractive at any time of year but particularly during winter.
This article was originally published in Maclean’s magazine on July 6, 1998. Partner content is not updated.
How's this for a long-range forecast? In 1989-1990, when a mid-sized Canadian investment brokerage called Midland Doherty Financial Corp. was running on empty, management did the rounds of all the big banks and fund managers in an attempt to sell enough cheap equity to keep the firm going.An architectural competition occurs when designs are prepared by two or more architects for the same project, on the same site, at the same time. Some competitions are open, meaning that any architect within a designated area is eligible to enter.
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.du Maurier Arts Ltd/Les Arts du Maurier Ltée (du Maurier Council for the Performing Arts/Conseil du Maurier des arts d'interpretation 1971-88, du Maurier Council for the Arts Ltd/Conseil des arts du Maurier Ltée, 1989-90).
This article was originally published in Maclean’s magazine on December 14, 1998. Partner content is not updated.
The big brick mansion breaks the gentle curve of the northwestern shore of Nova Scotia. Frank Sobey, the man who built Abercrombie House, lived on and off in the waterfront home until he died in 1985 at the age of 83.TC Energy Corporation (formerly TransCanada Corporation) is a natural gas, oil and power-generation company headquartered in Calgary, Alberta. TC Energy owns more than 92,600 km of natural gas pipeline in North America and transports more than 25 per cent of the gas consumed on the continent. It also operates power plants and gas storage facilities. A public company, it trades on the Toronto Stock Exchange and the New York Stock Exchange under the symbol TRP. In 2018, TC Energy registered $13.7 billion in revenue and $3.5 billion in profit and held $98.9 billion in assets. The company employs about 7,300 people, more than half of them in Canada.
Algoma Steel Inc. is a major steel producer based in Sault Ste. Marie, Ontario. Its principal products are steel plate and sheet for various industries, including automotive, construction and manufacturing. The company employs more than 2,900 people in Sault Ste. Marie.
Competition policy refers to legislation used by the federal government to eliminate privately imposed restraints on trade and to encourage competition.
After shares are issued they may be listed on various stock exchanges and bought or sold through brokerage firms. Shares may be listed on a stock exchange if the companies have the size, stability and financial strength and are willing to report publicly on their operations.
Rogers Communications Inc. is a diversified communications and media company that operates almost entirely in Canada. Founded in 1960 with a single FM radio station in Toronto, it is now the country’s largest provider of wireless services as well as a leading cable company and a major player in broadcasting and sports entertainment. Among its many brands are Citytv and the Toronto Blue Jays.
John Cabot could never have imagined anything like this. When the Anglo-Italian explorer arrived at the Grand Banks in 1497, the schools of codfish were so thick, they literally stopped his ships in the water.
Mere hours before the official reopening of its fashion floors in Torontos Yorkdale mall last week, there appeared perhaps the perfect illustration of Eatons quest to remake itself. Downstairs, the array of cosmetics and fashion accessories was deliciously tempting.
As would be expected in a large, thinly populated country, air transport is a very important part of the Canadian economy.
When the larger-than-life Jack McClelland ran the venerable Canadian publishing house co-founded by his father, McClelland & Stewart was no stranger to headlines.
