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Industrial Strategy

Industrial strategy is a term that generally refers to any attempt by government to apply a coherent and consistent set of policies that are designed to improve the performance of the ECONOMY.

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.

Macleans

Women Hit Glass Ceiling

This article was originally published in Maclean’s magazine on October 20, 1997. Partner content is not updated.

So a smattering of women have actually made it to the top of the heap, the corporate pinnacle, the apex of conventional business achievement. Canada now has women running 10 of the top 500 revenue-churning, publicly traded companies in the land. Huzzahs.

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Pulp and Paper Industry

The pulp and paper industry consists of manufacturing enterprises that convert predominantly woody plant material into a wide variety of pulps, papers and paperboards. The Canadian industry began in the 1800s, and has undergone revolutionary changes over the years. Most recently, the move from newsprint to electronic media caused the industry to decline; however, pulp and paper remains a fundamental part of the Canadian economy, especially for remote and northern communities.

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Bombardier Inc.

Bombardier Inc. is a manufacturer of private airplanes that was once among the world’s largest manufacturers of trains and commercial airplanes. Headquartered in Montreal, the company was originally incorporated as L’Auto-Neige Bombardier Limitée in 1942. Its founder, Joseph-Armand Bombardier, was a Québécois mechanical engineer who invented one of the first commercially viable snowmobiles. Bombardier Inc. grew considerably from its beginnings as a snowmobile manufacturer into an iconic Canadian company, known for its public transportation vehicles and jetliners. Facing financial troubles in the 21st century, however, it began to sell off parts of its business. In 2020, it made deals to sell the last of its assets outside its private-jet business, including its commercial plane and rail divisions.

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Chartered Banks in Canada

Chartered banks, sometimes known as commercial banks, are public corporations that are licensed by the federal government to operate a banking business within Canada. By issuing these licenses (or charters), the Canadian government regulates and controls the country’s economy by influencing the amount, availability and distribution of money, and the terms or cost of accessing and distributing that money (interest rates). Chartered banks are regulated by the federal Bank Act and supervised by the Office of the Superintendent of Financial Institutions. Chartered banks in Canada accept deposits from the public and extend loans (such as mortgages) for personal, commercial, and other purposes. Banks also own and operate trust companies, securities dealers and insurance companies and offer such services as investment banking, international banking and more.

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.

Article

Canadian Imperial Bank of Commerce (CIBC)

The Canadian Imperial Bank of Commerce, commonly known as CIBC, is the fifth largest chartered bank in Canada. It was created through the 1961 merger of two Ontario-based banks, the Canadian Bank of Commerce and the Imperial Bank of Canada — the largest merger of two chartered banks in Canada’s history. Today, CIBC operates its business in Canada and abroad through three divisions: retail and business banking, wealth management, and capital markets. CIBC is a public company that trades on the Toronto Stock Exchange and the New York Stock Exchange under the symbol CM. In 2019, CIBC registered $18.6 billion in revenue and $5.1 billion in profit and held $651.6 billion in assets. The bank employs approximately 45,000 people, who serve 10 million customers.

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Toronto-Dominion Bank (TD)

The Toronto-Dominion Bank, commonly known as TD, is the second-largest chartered bank in Canada. The Toronto-Dominion Bank is the result of the past mergers of three financial companies: The Bank of Toronto, The Dominion Bank, and Canada Trust. The mergers began in 1955 when The Dominion Bank merged with The Bank of Toronto. This group then acquired Canada Trust in 2000, creating a new entity called TD Canada Trust. Toronto-Dominion Bank is a public company that trades on the Toronto Stock Exchange and the New York Stock Exchange under the symbol TD. In 2019, TD registered $41.1 billion in revenue and $11.7 billion in profit and held $1.4 trillion in assets. The bank employs more than 85,000 people, who serve more than 26 million customers.

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Coins and Tokens

Coins are issued by governments for use as money. A quantity of coins issued at one time, or a series of coins issued under one authority, is called a coinage. Tokens are issued as a substitute for coinage, usually by private individuals or organizations such as merchants and banks. Canada’s complex political history has meant that Canadian numismatists have an astonishing variety of coins, coinages and tokens to collect and study.

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Bank of Canada

The Bank of Canada (BoC) is the country’s central bank, a financial institution that provides banking services on behalf of the federal government. Its operations include four principal functions: to manage the country’s money supply; to act as the federal government’s agent in issuing its bonds and managing its holdings of foreign currencies; to manage various monetary policies that can influence the performance of the economy, such as interest rates; and to manage the overall financial industry in Canada and economic relations with other countries and international organizations. The Bank of Canada’s headquarters are in Ottawa.

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Banking in Canada

Banking is a financial process carried out by an institution that accepts deposits, lends money and transfers funds. Canada's major banks play a vital role in the economy and today also engage in the insurance, trust and securities markets. Their business, the technology surrounding it and the regulations that govern it, have evolved continuously over the centuries.

Article

Edmonton Football Team (EE Football Team)

The Edmonton Football Team or EE Football Team (formerly the Edmonton Eskimos) is a community-owned football team that plays in the West Division of the Canadian Football League (CFL). In the CFL’s modern era (post-Second World War), the team has won the Grey Cup championship 14 times, second only to the 16 championships held by the Toronto Argonauts. This included three victories in a row from 1954 to 1956 and an unprecedented five straight championships from 1978 to 1982. The club also holds a North American professional sports record for reaching the playoffs in 34 consecutive seasons between 1972 and 2005. Notable alumni include former Alberta premiers Peter Lougheed and Don Getty, former lieutenant-governor of Alberta Norman Kwong and former Edmonton mayor Bill Smith.

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Canadian Film History: 1974 to Present

Filmmaking is a powerful form of cultural and artistic expression, as well as a highly profitable commercial enterprise. From a practical standpoint, filmmaking is a business involving large sums of money and a complex division of labour. This labour is involved, roughly speaking, in three sectors: production, distributionand exhibition. The history of the Canadian film industry has been one of sporadic achievement accomplished in isolation against great odds. Canadian cinema has existed within an environment where access to capital for production, to the marketplace for distribution and to theatres for exhibition has been extremely difficult. The Canadian film industry, particularly in English Canada, has struggled against the Hollywood entertainment monopoly for the attention of an audience that remains largely indifferent toward the domestic industry. The major distribution and exhibition outlets in Canada have been owned and controlled by foreign interests. The lack of domestic production throughout much of the industry’s history can only be understood against this economic backdrop.

This article is one of four that surveys the history of the film industry in Canada. The entire series includes: Canadian Film History: 1896 to 1938; Canadian Film History: 1939 to 1973; Canadian Film History: 1974 to Present; Canadian Film History: Notable Films and Filmmakers 1980 to Present.

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