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Flirting with insolvency, Slate Office REIT sees board battle erupt between executives and activist investor
<div>Units in Slate Office REIT fell nearly 20 per cent after the trust suspended its monthly cash distributions and announced a plan to sell a large part of its portfolio of properties. Office towers, hotels and condos are seen in downtown Vancouver, Sunday, Oct. 25, 2020. THE CANADIAN PRESS/Darryl Dyck</div>
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Legal battle that could upend Dye & Durham board pits founding brothers against each other
Office towers are photographed in Toronto's financial district on Wednesday, June 27, 2018. The office vacancy rate in downtown Toronto has hit a record-low amid strong demand for work space by the burgeoning tech sector, according to a report by CBRE Group. THE CANADIAN PRESS/ Tijana Martin
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New Cogeco CEO maps out growth plan amid sector malaise
Frederic Perron, the new CEO of Cogeco poses for a portrait in Montreal on July 15, 2024. The Boards of Directors of Cogeco Inc. and of Cogeco Communications Inc. announced that they have appointed Frederic Perron as President and Chief Executive Officer and Director of both Companies, effective immediately, succeeding Philippe Jetté who is retiring. Mr. Perron previously held the position of President of Cogeco Connexion, Cogeco's Canadian broadband business. This appointment follows a thorough Board-led succession planning process. To facilitate a seamless transition in leadership, Mr. Jette will serve as a strategic advisor to the incoming CEO and Boards of Directors until August 31, 2024. (15/07/2024) (Andrej Ivanov/The Globe and Mail)
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Maple Leaf Foods to spin off pork business into new public company
Maple Leaf Foods Inc. reported its fourth-quarter profit fell compared with a year ago as it faced rising labour and production costs. A Maple Leaf Foods employee walks past a Maple Leaf sign at the company's meat facility in Toronto on Monday, December, 15, 2008. THE CANADIAN PRESS/Nathan Denette
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DRI Healthcare Trust shares tumble after CEO departs amid investigation into his expense claims
The federal banking regulator is keeping its domestic stability buffer on hold as it says financial system vulnerabilities, such as high household debt, remain elevated but stable, while near-term risks continue to be low despite some recent increase. Bank towers are shown from Bay Street in Toronto's financial district on Wednesday, June 16, 2010. THE CANADIAN PRESS/Adrien Veczan
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The lawyer who took on Gildan’s board sheds light on the months-long corporate battle
Jon Feldman, a partner at Goodmans LLP poses for a portrait at their offices in downtown Toronto, Ontario, Canada, June 20, 2024.
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Sobeys parent Empire slowing e-commerce expansion in bid to improve profitability
The Competition Bureau says it has obtained two court orders requiring the parent companies of Loblaws and Sobeys to hand over information related to its investigation into alleged anti-competitive conduct. Shoppers at a west-end Toronto Sobeys grocery store, Sunday, June 26, 2023. THE CANADIAN PRESS/Graeme Roy
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Gildan shareholders demand company reinstate CEO, claiming succession was mishandled
Gildan Activewear Inc. president and CEO Glenn Chamandy poses for a photograph following the apparel manufacturer's annual meeting Thursday, February 5, 2015 in Montreal. THE CANADIAN PRESS/Paul Chiasson
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