Inside the Toronto mansion of Heather Reisman and Gerry Schwartz, venue of glittering parties featuring Canada's cultural and political elite, the library is one of the most popular rooms. In among the shelves of literature, art books and countless tomes by Winston Churchill and about John F.
Over the past year, Jean Monty has been buying up properties and piling them on top of one another much like a winner at a blackjack table stacks his chips in multicoloured towers. In February, the chairman and chief executive of BCE Inc. dished out $6.8 billion for control of Teleglobe Inc.
WHEN NORTEL Networks Corp.'s share price was $92 two years ago, Ray Puhalski bought 300 shares, investing $27,600. A month later, the stock was trading at $71.40. Puhalski invested again: $32,130 for 450 shares; and the following week, when Nortel was at $65.50, he bought another 250 shares.
Sanofi Pasteur Limited, formerly known as Connaught Laboratories Limited of Toronto, is the leading supplier of vaccines in Canada. The parent company is Sanofi Pasteur, one of the world's largest manufacturers of vaccines and a division of Sanofi-aventis, a diversified pharmaceutical company.
Everything about last week's proposed merger between Citicorp and Travelers Group Inc. was grandiose - not least the rhetoric surrounding it. Uniting the two American titans into the world's largest financial services company, gushed Citicorp chairman John Reed, is a "transforming merger ...
All had gathered to pay their last respects to Signy Eaton, the matriarch of the Eaton clan, widow of John David who had led the family's mighty retail chain in the halcyon days of the 1950s and 1960s, when the company controlled half of the country's department store sales.