Category : Corporate News


AIMCo names Ray Gilmour permanent CEO

Former senior Alberta bureaucrat Ray Gilmour has been confirmed as the permanent CEO of the Alberta Investment Management Corp. (AIMCo), following a major governance shakeup in late 2024. Learn about his background and the fund's path forward.

Ray Gilmour Named CEO of Alberta Investment Manager

The Alberta Investment Management Corporation board has announced the appointment of Ray Gilmour as its new CEO. Discover the leadership change at one of Canada's largest institutional investors.

BRP names former Renault exec Denis Le Vot as new CEO

BRP has appointed Denis Le Vot, a former Renault Group executive, as its next Chief Executive Officer. The leadership change marks a strategic shift for the Quebec-based recreational vehicle manufacturer.

WSP to buy U.S. engineering firm TRC for $3.3B

Montreal's WSP Global Inc. strikes a US$3.3 billion deal to acquire TRC Companies, backed by Caisse de dépôt. The move will make WSP the largest engineering and design firm in the United States.

Kraft Heinz names Steve Cahillane as new CEO

Packaged food giant Kraft Heinz has named industry veteran Steve Cahillane as its new Chief Executive Officer, a strategic move announced just before the company's planned split into two independent public entities. Discover the implications for the Canad

HOPSCOTCH Opens Swiss Agency in Geneva

French communications giant HOPSCOTCH announces the launch of a new integrated agency in Geneva, Switzerland, marking a key step in its global expansion strategy. Learn about the leadership and vision.

WSP Global to Buy TRC Companies for $4.5B

Montreal's WSP Global expands its U.S. footprint with a major acquisition of engineering firm TRC Companies. The deal, valued at $4.5 billion, is set to close in 2026.

NYC to Get First Las Vegas-Style Casinos in 2025

New York City is set to welcome its first three Las Vegas-style casinos, with major proposals like Hard Rock's Queens complex. This marks a historic shift in the city's entertainment and economic landscape.

Key Facts About Canada's Grocery Code of Conduct

A new grocery code of conduct aims to bring fairness to Canada's food supply chain. Learn what it means for suppliers, retailers, and your wallet. Stay informed on this critical business shift.

Canopy Growth Buys MTL Cannabis for $125M

Canadian cannabis giant Canopy Growth announces a major acquisition of MTL Cannabis, valued at $125 million. The deal aims to strengthen its market position and portfolio. Read the full details here.

Algoma Layoffs: Gov'ts Knew Before $500M Loan

The federal and Ontario governments kept taxpayers in the dark about impending Algoma Steel layoffs when issuing $500M in loan guarantees. This lack of transparency raises serious questions.

Element Fleet Management buys Car IQ tech firm

Element Fleet Management Corp. announces deal to acquire San Francisco-based vehicle payment technology company Car IQ, expanding its financial service capabilities for commercial fleets.

Stellantis Gets Default Notice, Full Contract Released

The federal government serves Stellantis with a notice of default over a production shift to the U.S. and ends a weeks-long battle by handing an unredacted copy of the $529M funding deal to a parliamentary committee.

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