In 2023, the Quebec electric vehicle maker Autobus Lion opened a $150 million truck manufacturing facility in Illinois, but its expansion into the United States has not gone according to plan. Much of its 900,000 square foot facility sits empty, and the company is sub-leasing the space. Now, the company is on the brink of bankruptcy and working with investors to determine if it can be salvaged.
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Published on: 18 Dec 2024
Congratulations to Paul Beaumont, David Schumacher and Gregory Weitzner, who were awarded a 2022-2023 SSHRC Insight Development Grant
“Call Me Maybe: Institutional Ownership and Corporate Call Policy”
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Published on: 14 Apr 2023
For small businesses – and aspiring businesspeople -- banks have been a financial gatekeeper. Without assets and a business credit profile, businesses are often out of luck. But peer-to-peer lending services are beginning to disrupt an industry that is very set in its ways. Fintech lending platforms like October assign businesses a credit score based on a company’s financial history, default probability, and projected profit margin. Then, they allow their users to participate in lending to the companies – and collecting interest.
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Published on: 2 Nov 2022
Bank loans are the typical first step for most small and medium-sized businesses, but another form of business lending has emerged: FinTech companies that use algorithms to determine whether a business is worth the risk.
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Published on: 30 Sep 2022
On November 22nd, the Canadian Radio-television and Telecommunications Commission began five days of public hearings into the proposed purchase of Shaw Communications by Rogers Communications. Telus says Rogers will be large enough to buy foreign content, such as TV shows and movies, which it will hold exclusively so other companies don’t have access to it. If Rogers can’t do so, it will raise rates or delay access to services in an effort to hamper competition, says Telus.
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Published on: 26 Nov 2021
At the end of 2020, a creditor consortium led by Catalyst Capital became the new owner of Cirque du Soleil only months after the famed circus producer made a failed bid for bankruptcy protection. While Catalyst Capital has been plagued by controversy in the past, according to a new investigative article from La Presse, it offered a way out for a company that has endured a catastrophic year.
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Published on: 22 Jul 2021
Following its $26 billion acquisition of Shaw, Rogers has been criticized for eliminating regional competition. If the sale is approved by the Trudeau government, the company would become the second-largest telecom provider in Canada.
Professor Paul Beaumont joins the conversation to discuss the continuing importance of keeping the telecom industry competitive.
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Published on: 18 Mar 2021
Rogers Communications Inc. has struck a deal to acquire Shaw Communications Inc., a takeover that will reshape the country’s telecom landscape provided it receives regulatory approval. The purchase of the Calgary-based telecommunications company would give Rogers a bigger national footprint with deeper access to the West and a national wireline network, according to analysts assessing the transaction, while Rogers itself touted the potential for $1 billion in synergies.
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Published on: 16 Mar 2021
