After a tough year, Aritzia banks on U.S. expansion to keep growth humming

After a tough year, Aritzia banks on U.S. expansion to keep growth humming

Improved financial performance at Vancouver-based retailer Aritzia sent the company’s stock soaring on Thursday morning by more than 20 per cent, though some experts warn the company isn’t out of the woods after a challenging year saw the company’s red-hot hype start to simmer down.  The clothing chain announced its latest quarterly earnings on Wednesday after … Read more

Who benefits most from Canada’s ambitious EV targets? Maybe China

Who benefits most from Canada’s ambitious EV targets? Maybe China

Flavio Volpe, head of the Automotive Parts Manufacturers’ Association, believes the recent electric vehicle targets set out by Canada’s environment minister also carried this pointed message to Canada’s domestic auto industry: “Let them eat cake.” Volpe says he has come to this conclusion because he believes those goals, which include a national target of 100 per cent zero-emission vehicle sales by 2035, cannot be … Read more

Helium startups on the Prairies hope to keep domestic supplies afloat

Helium startups on the Prairies hope to keep domestic supplies afloat

To the untrained eye, the collection of pipes and structures rising out of the prairie 200 kilometres east of Calgary looks like any other natural gas processing plant in southern Alberta.  But the Steveville plant isn’t focused on extracting hydrocarbons. Instead, the prize it’s seeking deep underground is helium.  The element is most commonly associated with … Read more