Browse "Business & Economics"

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Article

Sutherland Steam Mill

The Sutherland Steam Mill, situated in Denmark, NS, is a provincial HISTORIC SITE. Most of the early sawmills in NOVA SCOTIA relied on water power, but in the 1890s, when Alexander Sutherland built this mill, steam power was rapidly replacing water power for most industrial uses.

Article

Sydney Steel Corporation

The government, faced with a socially unacceptable shutdown, formed a CROWN CORPORATION to keep the industry alive. The plant consists of 2 small blast furnaces and several basic open-hearth furnaces, with an annual raw-steel capacity of about 910 000 tonnes.

Article

TC Energy (formerly TransCanada)

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.

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.

Article

Textile Industry

The textile industry includes establishments that convert synthetic and natural fibres into yarn, cloth, felt, etc, for use in MANUFACTURING clothing, upholstery, household linens, etc. The textile and CLOTHING INDUSTRIES together are among Canada's largest manufacturing-sector employers.

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.

Article

The Great Depression in Canada

The Great Depression of the early 1930s was a worldwide social and economic shock. Few countries were affected as severely as Canada. Millions of Canadians were left unemployed, hungry and often homeless. The decade became known as the Dirty Thirties due to a crippling droughtin the Prairies, as well as Canada’s dependence on raw material and farm exports. Widespread losses of jobs and savings transformed the country. The Depression triggered the birth of social welfare and the rise of populist political movements. It also led the government to take a more activist role in the economy.

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.

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.

Article

Timber Duties

Timber Duties First imposed in the 18th century to provide revenue, Britain's tariffs on imported wood were an integral component of the 19th-century British North American TIMBER TRADE.

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.

Article

Toronto Star

Writing at the Star was determinedly lively. In the 1920s and 1930s, writers included Morley CALLAGHAN, Ernest Hemingway, Gordon SINCLAIR and Gregory CLARK.

Article

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.

Article

Torstar Corporation

 Torstar Corporation, a broadly based information and entertainment communications company, publishes the TORONTO STAR. Other newspaper publishing interests include Metroland Media Group, commercial printers and publishers, and CTVglobemedia.