Etiket: Corporation
Quebec Housing Corporation | CEO Claude Foster resigns
(Quebec) In office for only two years, the boss of the Société d’habitation du Québec (SHQ), Claude Foster, has submitted his resignation to the Legault government, a departure which would…
The CAQ has become a state corporation
François Legault’s improvised decision to renounce all private financing will go down in history as an error. The opposition’s demagogic and exaggerated attacks disturbed François Legault. Then the fear that…
Montreal-based Nuvei Corporation enters into partnership with Adobe
(Montreal) Montreal-based Nuvei Corporation has entered into a partnership with software company Adobe to give customers access to its payment technology. Published at 2:45 p.m. Financial details of the deal…
Power Corporation pleads patience with alternative assets
Power Corporation wants to take its time with the development of its alternative asset investment platforms, which are not yet profitable. Posted at 12:32 p.m. Stéphane Rolland The Canadian Press…
3rd trimester | Intact Financial Corporation records gains of $163 million
(Toronto) Intact Financial Corporation says it earned $163 million in its third quarter ended September 30, less than half its profit of $375 million a year ago. Posted at 8:19…
Strike of workers of the St. Lawrence Seaway Management Corporation
The approximately 360 Unifor union members who work on the St. Lawrence Seaway are in their second day of strike, Monday, as the employer tries to obtain an exception to…
Threat of strike at the St. Lawrence Seaway Corporation
Union members who work for the St. Lawrence Seaway Corporation in Ontario and Quebec voted 99% in favor of a strike if negotiations do not lead to an agreement before…
Fox Corporation and News Corp | Lachlan Murdoch, the choice of continuity
(New York) Lachlan Murdoch, who in November will take the helm of the family empire built on three continents by his father Rupert, the feared media mogul, embodies continuity and…
Fox Corporation and News Corp | Rupert Murdoch passes the torch to his son Lachlan
(New York) At 92, the feared media mogul Rupert Murdoch, who influenced political life in the United Kingdom and the United States, will let go of the reins of his…
Power Corporation will not let down Lion Electric and Lumenpulse
(Montreal) Power Corporation does not intend to remain a shareholder of Lion Electric and Lumenpulse indefinitely. The Desmarais family conglomerate is however in no hurry to sell its stake in…
The Quebec company Uni-Sélect passes into the hands of the American Corporation LKQ
The Quebec auto parts supplier Uni-Select is going into the hands of American interests. Chicago-based LKQ Corporation and Uni-Select Inc. announced in a joint press release Monday that they have…
Quebec Liquor Corporation | Privileges for a VIP clientele
December 23 is often the busiest day at the SAQ. If you plan to make purchases there today, know that if you spend considerable sums, that is to say $25,000…
The wise investor | Power Corporation loses its only buy suggestion
Every Sunday, we shine the spotlight on financial and stock market news items that may be useful to the investor, but which may have passed under the radar. Posted at…
[Opinion] A Crown corporation should not believe itself above the law
Open letter to Mrs. Sophie Brochu, President and Chief Executive Officer, Hydro-Québec I learn this week in The duty that Hydro-Québec intends to demolish an inventoried heritage building located on…
Geopolitical instability is not favorable to Power Corporation, says its CEO
(Montreal) Geopolitical instability and rising inflation represent headwinds for Power Corporation of Canada, but President and CEO Jeffrey Orr says it’s still too early to estimate the impact. Posted at…
Power Corporation made record profits in 2021
(Montreal) Power Corporation of Canada says it made record profits last year, with net income holding steady in the fourth quarter. Posted at 9:17 p.m. The Montreal-based holding company said…
The A220 in a major letter of intent from Air Lease Corporation
The Airbus A220 is on the letter of intent signed by Air Lease Corporation (ALC) for the purchase of 111 aircraft of all families of the European giant. It is…