Search

Byline: NICOLAS VAN PRAET; Staff MONTREAL -- Bombardier Inc. is eyeing a potential takeover of factories in Northern Ireland belonging to Spirit AeroSystems Holdings Inc. as it moves to safeguard [...]

Byline: NICOLAS VAN PRAET; Staff MONTREAL -- Quebec is pouring yet more money into a manufacturing partnership with Airbus SE on the A220 jet, previously known as the Bombardier C [...]

Byline: Nicolas Van Praet; Staff Canada has a new king of comedy, and his name is Sylvain Parent-Bédard. The 50-something with the spiky hair and big smile controls Quebec City-based [...]

Byline: NICOLAS VAN PRAET, JAMESON BERKOW MONTREAL, TORONTO -- Héroux-Devtek Inc., the Canadian maker of landing gear for Boeing airliners and U.S. Navy fighter jets, has struck a deal to [...]

Canadian electric off-road vehicle maker Taiga Motors Corp. has won bankruptcy protection and will seek new investors to try to secure a rebirth after running out of money in its [...]

Byline: NICOLAS VAN PRAET; Staff MONTREAL -- Hydro-Québec has announced plans to develop its first mega wind farm over a vast territory to the west of Saguenay-Lac-SaintJean as it pushes [...]

The provincial Crown corporation has plans to develop wind power over a 5,000-square-kilometre parcel of land known as the Chamouchouane zone, Hydro-Québec has announced plans to develop its first mega wind farm over a vast territory to the west of Saguenay-Lac-Saint-Jean as it pushes forward with an aggressive clean-energy strategy under [...]

Byline: NICOLAS VAN PRAET; Staff Canadian engineering giant AtkinsRéalis Group Inc. is aiming to sell its stake in Toronto's Highway 407 ETR toll road within three years as it pushes [...]

Byline: NICOLAS VAN PRAET; Staff MONTREAL -- It's a sweltering Wednesday in the pit lane of Montreal's Circuit Gilles Villeneuve, and gearheads are buzzing around to the beats of rapper [...]

Byline: NICOLAS VAN PRAET; Staff MONTREAL -- Glenn Chamandy is back as chief executive of Gildan Activewear Inc., supported by a new board eager to close the door on five [...]

Shareholders on Tuesday voted overwhelmingly to give Mr. Chamandy his board seat back, Glenn Chamandy is back as chief executive of Gildan Activewear Inc. https://www.theglobeandmail.com/investing/markets/stocks/GIL-T, supported by a new board eager to close the door on five months of turmoil that left employees [...]

Byline: NICOLAS VAN PRAET, ANDREW WILLIS The board of Gildan Activewear resigned on Thursday evening, paving the way for former chief executive Glenn Chamandy to retake the helm of one [...]

Byline: NICOLAS VAN PRAET; Staff Usman Nabi says he never wanted this fight. And yet here it is. Eating up his days. Seeping into his nights. Forcing him to figure [...]

Byline: ROBYN DOOLITTLE, NICOLAS VAN PRAET Gildan Activewear is accusing one of its largest shareholders of violating American securities law and has asked the regulator to investigate allegations that the [...]

The utility is looking to see how the systems stack up when the electricity cuts out and in periods where electrical demand is at its peak, Electric utilities around North America are stepping up efforts to control vegetation and bury power lines to better secure their grids as they deal with more violent and unpredictable storms [...]

Byline: NICOLAS VAN PRAET, ANDREW WILLIS, KELLY CRYDERMAN Brian Mulroney sat on the board of directors of Montreal-based media company Quebecor Inc. for more than two decades until his death. [...]

Byline: JAMES BRADSHAW, NICOLAS VAN PRAET Caisse de dépôt et placement du Québec's chief executive officer, Charles Emond, said a three-year overhaul of its real estate holdings helped stem losses [...]

Byline: NICOLAS VAN PRAET, ANDREW WILLIS MONTREAL -- Gildan Activewear Inc. hiked its dividend 10 per cent and generated earnings for its latest quarter that slightly beat analyst forecasts as [...]

The utility has attracted attention in financial markets for its plan to spend as much as $110-billion through 2035 on new clean-power generation facilities, plus $50-billion to improve reliability, Hydro-Québec has begun early-stage talks with a number of financiers and other potential partners as it plans how to carry out a $185-billion strategy for new energy infrastructure that aims [...]

Byline: NICOLAS VAN PRAET, ANDREW WILLIS It's a little-known fact in Canadian business circles that the two men currently at the centre of one of the country's most bitter corporate [...]

Byline: NICOLAS VAN PRAET; Staff MONTREAL -- Browning West, a U.S. investment firm demanding leadership change at Gildan Activewear Inc., is dropping its request for a special meeting of shareholders [...]

Byline: NICOLAS VAN PRAET, ANDREW WILLIS Former Gildan Activewear Inc. chief executive Glenn Chamandy has investments in funds managed by Toronto's Turtle Creek Asset Management Inc., a Bay Street investment [...]

Byline: NICOLAS VAN PRAET; Staff Former Gildan Activewear Inc. chief executive Glenn Chamandy fired back at the company's latest accusations concerning his leadership, saying the board is seeking to unfairly [...]

Glenn Chamandy’s statement says the Montreal-based garment maker is trying to undermine his reputation ‘through insinuation and distortion of the truth’, Former Gildan Activewear Inc. https://www.theglobeandmail.com/investing/markets/stocks/GIL-T/ chief executive Glenn Chamandy fired back at the company’s latest accusations concerning his leadership, saying the board is seeking to unfairly harm his reputation and [...]

Byline: NICOLAS VAN PRAET, DAVID MILSTEAD MONTREAL -- Canadian clothing maker Gildan Activewear Inc. is moving up the start date of its new chief executive officer, frustrating investors who instead [...]

Byline: NICOLAS VAN PRAET; Staff MONTREAL -- U.S. hedge fund Browning West is cranking up its bid to reinstate Gildan Activewear Inc.'s ousted chief executive and bring in new directors [...]

Former chief executive of the Canadian clothing maker sends missive saying he made a proposal for leadership transition and succession that was rejected, Then Gildan Activewear Inc. https://www.theglobeandmail.com/investing/markets/stocks/GIL-T/ chief executive Glenn Chamandy accused the Canadian clothing maker’s board of holding an “untenable position” in failing to disclose its intentions on a possible CEO [...]

In a letter to shareholders, chair Donald Berg and three other directors said former CEO Glenn Chamandy struggled to find additional avenues of long-term growth over the past four years, Directors of Gildan Activewear Inc. https://www.theglobeandmail.com/investing/markets/stocks/GIL-T/ are pushing back against investors who say they acted improperly in sacking former chief executive officer Glenn Chamandy as the fight intensifies over the [...]

Montreal investment firm Jarislowsky Fraser, which holds a 6.9-per-cent stake in Gildan, said Tuesday that it stands firmly against the board’s decision to terminate Glenn Chamandy last week, Gildan Activewear Inc. https://www.theglobeandmail.com/investing/markets/stocks/GIL-T/ has failed to convince a prominent shareholder that ousting its former chief executive officer was warranted, putting further pressure on its board of directors as it [...]

Director Luc Jobin said the board was averse to the idea of takeovers without greater certainty they could be accomplished, which became tied to the issue of CEO succession at the company, The turmoil now engulfing Gildan Activewear Inc. https://www.theglobeandmail.com/investing/markets/stocks/GIL-T/ was triggered by an ultimatum the clothing maker’s former CEO gave to the board seeking its approval to do two to three [...]

T-shirt and sock maker Gildan Activewear shocked financial markets on Monday when it said that it had dismissed Glenn Chamandy, Gildan Activewear Inc. co-founder Glenn Chamandy says he had no plans to leave his job as the clothing maker’s chief executive and that the board of directors’ decision to https://www.theglobeandmail.com/business/article-gildan-activewear-replaces-ceo-in-sudden-shakeup/ [...]

Browning West and Turtle Creek Asset Management wrote letters to the clothing maker’s board urging it to immediately reappoint Glenn Chamandy, Two of Gildan Activewear Inc.’s https://www.theglobeandmail.com/investing/markets/stocks/GIL-T/ largest shareholders are demanding the Canadian clothing maker reinstate its founder and chief executive officer Glenn Chamandy, saying the company botched its CEO succession. [...]

Co-founder Glenn Chamandy exits after 20 years at the helm; former Fruit of the Loom executive Vince Tyra to take over in February, Gildan Activewear Inc. has dismissed its chief executive and co-founder Glenn Chamandy after a 20-year tenure, an unexpected move tied to a clash over succession planning. Mr. Chamandy, who has [...]

The announcement comes after Ottawa rejected the concept and awarded a multi-billion dollar contract for new maritime patrol planes to U.S. giant Boeing, Bombardier Inc. isn’t giving up on its submarine hunter aircraft. Eric Martel, chief executive of the Montreal-based plane maker, says Bombardier will press ahead with efforts to interest other countries [...]

Several Canadian manufacturers have been pushing for an open competition to supply the project, Ottawa is poised to award a sole-source contract for new military surveillance aircraft to U.S. giant Boeing Co. https://www.theglobeandmail.com/investing/markets/stocks/BA-N/, despite appeals from rival Bombardier Inc. https://www.theglobeandmail.com/investing/markets/stocks/BBD-B-T/ and other domestic aerospace [...]

The Sabia blueprint will see Hydro-Québec spend as much as $185-billion to transform the province’s energy landscape from now until 2035, Updated: December 15, 2023 The village of La Romaine sits on the northern flank of the Gulf of St. Lawrence in a wind-swept place that the Innu people call Unamen [...]

Byline: NICOLAS VAN PRAET; Staff MONTREAL -- A parliamentary committee on national defence is calling on the federal government to open up the competition for new military surveillance aircraft instead [...]

Byline: NICOLAS VAN PRAET, EMMA GRANEY MONTREAL -- A group of investors including businesswoman France Chrétien-Desmarais is making a big bet on hydrogen production in Canada, launching a project in [...]

Hydrogen is enjoying renewed momentum around the world as countries eye the fuel as a means of reducing greenhouse-gas emissions, A group of investors including businesswoman France Chrétien-Desmarais is making a big bet on hydrogen production in Canada, launching a project in Quebec worth $4-billion that the province hopes will [...]

Standing committee on national defence wants the federal government to open up competition instead of doing a sole-source contract with Boeing, A parliamentary committee on national defence is calling on the federal government to open up the competition for new military surveillance aircraft instead of doing a sole-source contract with U.S. [...]

Environmental groups want the Forest Stewardship Council to formally recognize Paper Excellence’s ties to a company with a history of rainforest destruction, Updated: November 08, 2023 Paper Excellence Group, the Richmond, B.C.-based company that has amassed an imposing share of Canada’s forest products sector, is coming under renewed scrutiny over its corporate [...]

Byline: NICOLAS VAN PRAET; Staff MONTREAL -- The Canadian government is set to spend as much as $10-billion to buy new military surveillance aircraft from U.S. giant Boeing based on [...]

Byline: NICOLAS VAN PRAET; Staff MONTREAL -- Quebec Premier François Legault's government is making one of the biggest bets in its five years of power, pledging $2.9-billion in financing to [...]

Byline: NICOLAS VAN PRAET; Staff MONTREAL -- Quebec Premier François Legault stood before reporters earlier this summer in the white-marbled lobby of the Honoré-Mercier building in the provincial capital and, [...]

Byline: NICOLAS VAN PRAET; Staff At least two federal Liberal MPs are expressing reservations about the prospect of a new deep-water container port in Nova Scotia, a break in party [...]

Byline: NICOLAS VAN PRAET; Staff The Canadian government is weighing financial backing for a new deep-water container port in Nova Scotia, a surprising development at a time existing ports in [...]

Byline: NICOLAS VAN PRAET; Staff The professional order that oversees engineering in Quebec says it has called a disciplinary hearing to question former SNC-Lavalin Group Inc. chief executive Jacques Lamarre, [...]

Byline: NICOLAS VAN PRAET; Staff Rio Tinto PLC is investing $1.4-billion to expand its aluminum manufacturing operations in Saguenay, Que., breathing new life into the industrial centre after years of [...]

Byline: NICOLAS VAN PRAET; Staff Canada's most destructive spring wildfire season to date is hitting the operations of Quebec mining and forestry companies as the blazes continue to take their [...]

Byline: NICOLAS VAN PRAET; Staff Federal lawmakers are raising questions about how deeply the Canadian government probed the ties of a wealthy Indonesian businessman as his company amassed a commanding [...]