Magna in overdrive: no Canadian has profited from contracting out as much as Stronach
Article Abstract:
Magna International was deeply in debt in 1990, but Stronach turned the company around, profiting a great deal from outsourcing contracts with the major auto firms. Magna's revenues will hit $6 billion in 1996. Stronach is anti-union, but says employees are well paid and enjoy profit sharing.
Publication Name: Maclean's
Subject: News, opinion and commentary
ISSN: 0024-9262
Year: 1996
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Striking it rich: how Falconbridge CEO Frank Pickard engineered a $4-billion nickel bid
Article Abstract:
On Feb 9, 1996, Falconbridge Ltd offered $4 billion for the huge nickel deposit in Voisey Bay, Labrador, which is owned by Diamond Fields Resources Inc. Some analysts predict the mine could reap as much as $500 million per year in profits. Inco Ltd may also make a counter bid for the mine.
Publication Name: Maclean's
Subject: News, opinion and commentary
ISSN: 0024-9262
Year: 1996
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Singing the blues: discount dealers and record clubs put the squeeze on music retailers
Article Abstract:
Canada's recordings retailers are experiencing a wave of changes in the mid-1990s. Independent record shops are losing market share to discount chains and record clubs, which has forced some independents out of business.
Publication Name: Maclean's
Subject: News, opinion and commentary
ISSN: 0024-9262
Year: 1996
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