Funds articles

Lululemon’s surprise split with CEO said to involve employee relationship

Lululemon’s surprise split with CEO said to involve employee relationship

Former Chief Executive Officer Laurent Potdevin Lululemon Athletica Inc.’s reasons for parting ways with Chief Executive Officer Laurent Potdevin included a relationship that he had with a subordinate, according to people familiar with the situation. The employee, who worked as a designer at the yogawear brand, resigned in 2014 but later came back as a

Innergex’s $1.1B Alterra deal latest in a wave of Canadian utilities snapping up U.S. assets

Michel Letellier, President & CEO of Innergex.Phil Carpenter/Postmedia Innergex Renewable Energy Inc.’s purchase of a rival company on Tuesday is the latest in a raft of acquisitions by Canadian utility firms, which are eagerly looking to expand their foothold in the U.S. electricity market as domestic growth opportunities flatten out. The company closed its purchase

Navigating the third leg of REIT valuations: the view from Echelon

The Bank of CanadaTHE CANADIAN PRESS/Adrian Wyld For the relatively new two-person team of real estate investment analysts at Echelon Wealth Partners, the third leg in the valuation of the issuers they cover has arrived, a time characterized by a larger focus on interest rates. And, according to Frederic Blondeau and Stephane Boire — both

Ontario says it will punish any state that adopts ‘Buy American’

Ontario Premier Kathleen Wynne says the size of each punishment will be proportional to the size of the Buy American exclusion.Canadian Press/Sean Kilpatrick WASHINGTON — Ontario is about to introduce a bill allowing it to retaliate against any state that adopts Buy American provisions, then plans to start a national conversation with other provinces about

Canada’s dairy farmers say they’ve had enough and won’t give up any more ground in NAFTA renegotiations

Dairy farmers say they're concerned about NAFTA renegotiations given how much of the Canadian market has already been given away under the World Trade Organization, the Comprehensive Economic and Trade Agreement and TPP.Christinne Muschi/Bloomberg MONTREAL — Canada’s dairy industry says it shouldn’t bear any additional hardship in NAFTA renegotiations after having been forced to give

Addenda makes a case for people, profits and planet

Wind farms…EZEQUIEL BECERRA/AFP/Getty For most investors, returns are purely financial — how much better off they are at the end of one period compared with an earlier period. But for another group, returns are a mix, a combination of the straight financial return and the societal return, with the latter being the economic benefits generated

With Dias and Volpe doing all the talking on free trade, we’re losing sight of why Canada needs it

Jerry Dias, Unifor presidentTHE CANADIAN PRESS/Ryan Remiorz The NAFTA talks began six months ago in Washington. It was brutally hot and the only people who wanted to be outside were Chrystia Freeland’s handlers. They staged a late afternoon press conference with the minister on an east-facing, uncovered terrace at the Canadian Embassy, which sits on

Canada unveils ideas to save NAFTA as Trudeau urges U.S. executives to back free trade

Canada's chief NAFTA negotiator Steve Verheul, centre, breaks for lunch on the second day of talks during the sixth round of the North American Free Trade Agreement in Montreal, Wednesday , January 24, 2018.Graham Hughes/The Canadian Press MONTREAL — Canadian negotiators at the NAFTA talks on Wednesday unveiled ideas to address contentious American demands for