Mountain Equipment Co-Op Sold To U.S. Private Investment Firm As Pandemic Take Toll

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Mountain Equipment Co-op sold to U.S. private investment firm as pandemic take toll: Financial Post Staff


Canadian outdoor equipment chain Mountain Equipment Co-op, announced Monday that its board has reached an agreement for Kingswood Capital Management to acquire all of its assets.

MEC said the deal with the Los Angeles-based private investment firm…

'Dollar for dollar, we will not back down': Retaliation on U.S. tariffs expected this week: Gabriel Friedman


Deputy Prime Minister Chrystia Freeland is preparing to enact a sweeping set of retaliatory tariffs later this week on U.S. aluminum products, according to several sources familiar with the situation.

U.S. President Donald Trump announced last mon…

Betting on a broad recovery has become the contrarian trade of the year: Martin Pelletier


The economy may be recovering from the shock of the pandemic, but it’s clear from where investors are putting their money that they remain concerned about just how long it will take for life to return to normal.

Throw in the potential for a second…

The Great Rethink: If Canada wants to stay a trading nation it needs to up its game: Gabriel Friedman


The policy consensus that has guided economic decision-making for decades is being challenged like never before. In a new series, the Financial Post explores the opportunities and unknown costs of the Great Rethink.

During a week in August when th…

How four millennials came out of nowhere to dominate the mobile COVID-19 testing industry: Joe O'Connor


It was two o’clock in the morning and Dilian Stoyanov was wide awake, his mind whirring, an idea crystallizing around something he had spent the month of January thinking about: his infant son and COVID-19.

His son, named Moss, was born early, and…

Tesla investors wonder what's next after wild ride and then a tailspin: Victor Ferreira


Analysts are divided over what Tesla Inc.’s next moves will be after a series of negative catalysts, including being shunned by the S&P 500, sent the electric-car maker’s high flying stock into a tailspin that has seen it shed 25 per cent of its value in a me…

These are the companies brought to the brink in the COVID-19 pandemic: Financial Post Staff


A slew of companies battered by the pandemic are expected to launch restructuring plans in coming months as aid measures ease. Some already have.

  • Reno king Scott McGillivray sees tax credit coming down the pipes
  • Aud…

    https://smartcdn.prod.postmedia.digital/financialpost/wp-content/uploads/2020/09/Lightspeed_-_NYSE_Listing-_September_11-2020-1-Dax_Dasilv-scaled-e1599862155948.jpg

    Lightspeed looking to capitalize on pandemic trends with U.S. IPO, says CEO: Geoff Zochodne


    The chief executive of Lightspeed POS Inc. says the company is looking to boost its profile and consider possible acquisitions in the wake of a share sale and stock listing south of the border.

    Montreal-based Lightspeed floated shares Friday on th…

    Reno king Scott McGillivray sees tax credit coming down the pipes: Larysa Harapyn


    Scott McGillivray, real estate expert and HGTV host, speaks with Larysa Harapyn about CMHC’s predictions of a real estate slowdown, and what homeowners and buyers should be thinking about as people continue to work from home.

    • Expect jobs …

      The Great Rethink: It's time to reassess how our provinces manage natural resource wealth: Geoffrey Morgan


      The policy consensus that has guided economic decision-making for decades is being challenged like never before. In a new series, the Financial Post explores the opportunities and unknown costs of the Great Rethink.

      John Hartwick calls the economi…

      This couple will need to keep working longer than they hoped to hit retirement income target: Andrew Allentuck


      A couple we’ll call Mark and Sally, both 57, live in Ontario with their three children, two in their late teens, one age 21. Mark runs a small manufacturing company. Sally is a health-care professional. They take home $10,700 monthly.

      Mark and Sal…

      Cold, hard cash: Man's tale of $70,000 kept in freezer gets chilly reception in tax court: Jamie Golombek


      While we have a self-assessment tax system in Canada, if the tax man suspects that your return doesn’t fully capture all of your income from all sources, there are methods the Canada Revenue Agency may employ to uncover unreported income. One such technique i…

      How a husband-and-wife startup are trying to save mom-and-pop restaurants from pandemic oblivion: Joe O'Connor


      Thusenth Dhavaloganathan has worked as a dishwasher, busboy, server and less-than-enthusiastic line cook, a series of jobs at Creekside in Guelph, Ont., that can be chalked up to his emotional proximity to the owner and chef, a.k.a. his father, Tavon.

      Boehringer Ingelheim and Click Therapeutics Enter into Collaboration to Develop and Commercialize CT-155, a Novel Prescription Digital Therapeutic to Aid in the Treatment of Schizophrenia - The Kingston Whig-Standard:


      Boehringer Ingelheim and Click Therapeutics Enter into Collaboration to Develop and Commercialize CT-155, a Novel Prescription Digital Therapeutic to Aid in the Treatment of Schizophrenia The Kingston Whig-Standard


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