Just finished Eric Reguly’s excellent book, Ghosts of War, that celebrates his father, Robert Reguly. Eric, who writes for the Globe and Mail, is one of the few journalists of his generation still working. All his life Eric has been chasing his father’s legacy as one of the most fearless and innovative journalists ever. In the 1960s, writing for the Toronto Star, Robert found Hal Banks and Gerda Munsinger, scoops no one else could muster. With panache he also covered international stories such as the Vietnam War and the starving children of Biafra. Says Eric, Robert was “a truth warrior”...
On the occasion of Canadian Tire’s 100th anniversary, no mere cake will do. The company has instead announced $3.4 billion in spending that’s mostly aimed at e-commerce, new products and more private label sales. Unlike Amazon, with distribution centres shipping straight to customers, Canadian Tire will work through the stores. After all, the dealers and the pension fund own the rest of Tire beyond what’s in the hands of controlling shareholder Martha Billes. Tire, she likes to call it, not The Tire, just Tire. Dealers have to go through years of apprenticeship before they get their own store, but it...
As we celebrate another International Women’s Day today, it’s useful to look at progress made. Women seem to be doing well in hockey and the Paralympic games in Beijing, but in few other venues. According to a study by Toronto law firm Osler, Hoskin & Harcourt, in 2021 women held 23.4 percent of board seats among companies listed on the Toronto Stock Exchange, up two percentage points from the previous year. At that rate of increase, it will take another thirteen years for boards to be 50-50 female and male. Growth of female executives in TSE companies has been even...
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