Elon Musk’s behaviour in disastrous analyst call suggests the great Tesla experiment is under threat

Elon Musk’s behaviour in disastrous analyst call suggests the great Tesla experiment is under threat

There has there been a disturbance in the force. Billionaire space pioneer, time-traveller and immortal super-being Elon Musk considers himself one of the world’s great mavericks but last week his impatience with us mere mortals reached new heights. Quarterly earnings calls are a long-standing and important feature of the public markets. A company reports its…

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Cries of ‘rank hypocrisy’ as disclosures reveal B.C. government pension fund invests in Kinder Morgan

Cries of ‘rank hypocrisy’ as disclosures reveal B.C. government pension fund invests in Kinder Morgan

CALGARY — While the British Columbia government wages war against the Trans Mountain pipeline expansion, its own employees are heavily invested in the U.S. company behind the $7.4-billion project. The British Columbia Investment Management Corp. (BCI), which manages the pension funds for B.C.’s public sector workers, owns stakes in the Canadian oil and gas industry…

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Why Walmart and Costco keep stealing market share from domestic giants Loblaw, Metro and Sobeys

Why Walmart and Costco keep stealing market share from domestic giants Loblaw, Metro and Sobeys

TORONTO — Canada’s traditional grocery stores continued to lose food market share to Walmart and Costco in 2017, according to a new report that highlights the stiff competition between the country’s biggest food retailers. Sales of food at traditional grocery and convenience stores were flat last year, while food sales at general merchants — a group that…

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Canada faces competitiveness challenge that must be addressed with ‘tremendous urgency’: RBC CEO

Canada faces competitiveness challenge that must be addressed with ‘tremendous urgency’: RBC CEO

Canada faces a competitiveness challenge that the nation must address with “tremendous urgency” or get left behind countries like the U.S. and China, warns Royal Bank of Canada’s chief executive officer. “Our competitiveness in the world continues to be a topic of debate in Canadian business,” David McKay said in prepared remarks for a speech…

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Payphone lines aren’t essential, CRTC rules as it discontinues wholesale access rates

Payphone lines aren’t essential, CRTC rules as it discontinues wholesale access rates

Payphones continued their slow march to obsolescence this spring when the federal telecom regulator concluded payphone lines are not an essential service in a country where most people own cellphones. Citing the diminishing demand for payphones and the proliferation of wireless services, the Canadian Radio-television and Telecommunications Commission decided in April to discontinue a regulation…

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