Welcome to Waltonville, home of the world’s richest family and their $152-billion fortune

Welcome to Waltonville, home of the world’s richest family and their $152-billion fortune

The largest family fortune on earth is run out of two floors of unmarked suites in Bentonville, Arkansas. The building is a discreet nerve centre for the Walton family’s US$152 billion hoard.... Read more »
Trump trade war looms over picturesque Canadian town built to supply America

Trump trade war looms over picturesque Canadian town built to supply America

If ever a town embodied U.S.-Canadian symbiosis, it’s Arvida, Quebec. Built by Americans, its giant smelter supplied most of the Allied forces’ aluminum in the Second World War and today makes metal... Read more »
How to fly the world’s best business class for less than coach

How to fly the world’s best business class for less than coach

On such airlines as Emirates and Singapore, you have to book into lavish first-class cabins to get enclosed suites, made-to-order meals, and name-brand pyjamas. On others, these top-end perks exist one notch down,... Read more »
Millennials are waking up to the grim financial future left to them by baby boomers — and they’re angry

Millennials are waking up to the grim financial future left to them by baby boomers — and they’re angry

Lately I’ve been losing track of how old everyone is. Friends, co-workers and family members are resisting middle age with vigorous exercise, careful diets and regular doctor visits. Even when 50-year-olds look like they’re 50, they often dress... Read more »
‘Detrimental to the future’: GM joins automakers warning of effects of Trump auto tariffs

‘Detrimental to the future’: GM joins automakers warning of effects of Trump auto tariffs

Global automakers are warning the Trump administration of the “detrimental” effects of its proposed tariffs on imports of vehicles and automotive parts, with General Motors Corp. saying it could lead to job... Read more »
“More moments of drama” expected as Canada readies countertariffs against the U.S.

“More moments of drama” expected as Canada readies countertariffs against the U.S.

HAMILTON, Ont. — Canada is winding up for a major counter-strike in its trade fight with the United States, confirming that a final list of $16.6-billion worth of American goods will be... Read more »
“We eliminated a potentially disastrous event” — oil stocks surge after Line 3 approval

“We eliminated a potentially disastrous event” — oil stocks surge after Line 3 approval

CALGARY – Investors are returning to the long-shunned oil patch following a critical approval of Enbridge Inc.’s Line 3 pipeline project through Minnesota this week. Long-depressed Canadian energy stocks surged Friday after... Read more »
Wavefront bust shows that government can’t spend its way to innovation

Wavefront bust shows that government can’t spend its way to innovation

When I wrote recently that government grants to “fake startups” won’t build Silicon Valley North, I never imagined that the first multi-million dollar example of this would surface so soon. In May, a... Read more »
Canada should reconsider milk pricing policy to appease U.S., Quebec premier says

Canada should reconsider milk pricing policy to appease U.S., Quebec premier says

Canada’s largest dairy-producing province said the nation should reconsider its new milk price policy to ease tensions with the U.S. The perception is Canada’s new class 7 milk pricing was enacted to... Read more »
‘This is not trivial’: Fiat Chrysler making trade contingency plans on a ‘massive scale’

‘This is not trivial’: Fiat Chrysler making trade contingency plans on a ‘massive scale’

Fiat Chrysler Automobiles NV is developing contingency plans to adjust its manufacturing footprint should U.S. President Donald Trump’s hardball trade tactics result in higher auto tariffs or the collapse of existing trade... Read more »