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blake goldring is in the fight of his life PDF

72 Pages·2015·5.22 MB·English
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EMBRACE YOUR ASHTON CRUDE PRICES BE DAMNED, INNER JERK KUTCHER CALGARY’S NOT WORRIED LOVES THIS STEPHEN HARPER: AND OTHER EXECUTIVE SURVIVAL GEMS TORONTO HATS OFF TO ALEX TILLEY START-UP ECONOMIC GENIUS OR FLOP? BLAKE GOLDRING IS IN THE FIGHT OF HIS LIFE THE INSIDE STORY OF THE MESS AT AGF SEPTEMBER 2015 There’s more than one way to earn a prestigious Queen’s MBA. Immerse yourself in the renowned full-time program on our campus in Kingston, or choose one of our internationally respected executive and accelerated programs, offered throughout Canada. No matter where you live or which program you select, you can take advantage of Queen’s innovative approach to team-based learning, goal- focused experiential opportunities and unique culture of personal coaching. You can earn Queen’s MBA, no matter where you live in Canada. Find the MBA program that’s right for you at qsb.ca/mba CONTENTS 09/15 38 Siam Canadian connects Thai shrimp farms to North American buffet tables FEATURES 24 Cry of the tiger 38 Jumbo shrimp N RLA The Goldring family transformed AGF into a Siam Canadian may sound like an oxymoron, PO giant during the mutual fund booms of the 1990s but that is indeed the name of the frozen seafood- UEL and early 2000s. But now the firm with the trading empire that globetrotting Canuck Jim G MI striped mascot is bleeding badly. /By Tim Kiladze Gulkin runs from Bangkok. /By David Berman N O TI A 32 The great economist R T US Stephen Harper likes to portray himself as the 43 Executive Survival Guide N; ILL champion fiscal helmsman of the G7. The trouble Our annual roundup of Canada’s MBA and WI is that the spin often doesn’t match the reality. executive MBA programs compares offerings E T L /By Lawrence Martin coast-to-coast—and includes valuable tips EN like how to lead by embracing your inner jerk. R B H /By Dawn Calleja, David Eddie, Cathal Kelly, P RA Dave McGinn, Judith Pereira, Kristene Quan G O T O H P SEPTEMBER 2015 / REPORT ON BUSINESS 1 SUMMER INTERN LAW SCHOOL ARTICLING JUNIOR PARTNER SENIOR PARTNER PRIVATE PRACTICE YOUR PASSIONS SO DO OURS. Introducing the redesigned 2016 Lexus ES. With its sportier lines, available hybrid engine, intuitive park-assist, handcrafted heated steering wheel and ventilated TAKE YOU PLACES. leather seats, it’s as comfortable as you are accomplished. AMAZING IN MOTION. 09/15 CONTENTS 58 A new crew now makes Tilley hats, but could there be a better pitchman? DEPARTMENTS 9 The Interview 14 Venture 19 Made in Canada 22 Reguly Oh, stop fretting about oil Even meditation is going Would you believe that Someone has to keep prices. Mary Moran, the digital. Would you like a Montreal taxi driver fiscal order and discipline effervescent new CEO a headband to monitor founded the official in the euro zone, and of Calgary Economic your brainwaves? manufacturer of tights Germans love their Development, says it’s for London’s Royal Finance Minister for time for some “purposeful 18 Corporate Academy of Dance? doing it diversification” Governess Best to stay dry at the 20 Disruption 58 Exit Interview ON 12 Agriculture office pool party. And Tech giants in the West It’s hard for Alex Tilley S NG Global warming has if you’re recruiting tech are getting paunchy and to imagine anyone else ELLI reduced the chill in talent, one beer may grey. The start-ups in promoting his eponymous Oë the Canadian Prairies. be better than multiple emerging markets are hat, even now that he’s CHL Monsanto and DuPont interviews way more nimble—and sold the company H P are betting that it’s more fun A R G now balmy enough to O HT grow corn there P SEPTEMBER 2015 / REPORT ON BUSINESS 3 COULD A CARBON TAX Sepetmber 2015, Volume 32, No.2 LEAD TO ECONOMIC GROWTH? Editorial Editor GARY SALEWICZ Managing Editor JUDITH PEREIRA Go beyond the data with insight and analysis from Senior Editors DAWN CALLEJA, JOHN DALY, TED MUMFORD the country’s largest business newsroom. Copy Editor JEANETTE KING Research CATHERINE DOWLING, DAWN PROMISLOW, CHARLES ROWLAND, ANNA-KAISA WALKER Art Art Director DOMENIC MACRI Y D irector of Photography CLARE VANDER MEERSCH Contributors JENNIFER ALEXANDER, DAVID BERMAN, STEVE BREARTON, DAVID EDDIE, ANTONY HARE, DIANE JERMYN, CATHAL KELLY, TIM KILADZE, IAIN MARLOW, DAVE MCGINN, IAN MCGUGAN, GORDON PITTS, ERIC REGULY, SEAN SILCOFF, SEAN STANLEIGH, DOUG STEINER, IVOR TOSSELL, PATRICK WHITE, SHIRLEY WON Advertising Chief Revenue Officer ANDREW SAUNDERS Business Manager, Magazines ROLFE JONES Advertising Co-ordinator, Marketing Solutions Group SONJA TASOVSKA Production Director, Ad Production Services and Magazine Production SALLY PIRRI Production Co-ordinator ISABELLE CABRAL Publisher PHILLIP CRAWLEY Editor-in-Chief, The Globe and Mail DAVID WALMSLEY X 0 Report on Business magazine is published 10 times a year by The Globe and Mail Inc., 444 Front St. W., Toronto M5V 2S9. Telephone 416-585-5000. Letters to the Editor: rob- [email protected]. The next issue will be on September 26. Copyright 2015, The Globe and Mail. Indexed in the Canadian Periodical Index. Advertising Offices Head Office, The Globe and Mail, 444 Front St. W., Toronto M5V 2S9 Telephone 416-585-5111 or toll-free 1-866-999-9237 BRANCH OFFICES Montreal 514-982-3050, Vancouver 604-685-0308, Calgary 403-245-4987 General Toronto 416-585-5111, fax 416-585-5641; Montreal 514-982-3050, fax 514-982-3074; Vancouver 604-685-0308, fax 604-685-7549; toll-free 1-866-999-9ads(237); For the full story, follow our Energy & Resources reporters in paper, at globeandmail.com, e-mail: [email protected] and on Facebook and Twitter. United States, Mexico and Caribbean Publicitas Inc., New York, New York 212-946-0219, fax 212-599-8292, e-mail: [email protected] Publications mail registration No. 7418. The publisher accepts no responsibility for unsolicited manuscripts, transparencies or other material. Printed in Canada by Transcontinental Printing Carrie Tait Shawn McCarthy Jeff Lewis Inc. Prepress by DMDigital+1. Report on Business magazine Oil and Gas Reporter Global Energy Reporter Energy Reporter is electronically available through subscription to Factiva.com @carrietait @smccarthy55 @jeffalewis from Factiva, at factiva.com/factiva or 416-306-2003. tgam.ca/r /reportonbusiness @globebusiness THE ESSENTIAL SOURCE FOR A CANADIAN PERSPECTIVE Congratulations to these recent appointees Phillip Crawley, Publisher & CEO of The Globe and Mail, extends best wishes to the following individuals who were recently featured in the Report on Business Section of The Globe and Mail newspaper. Congratulations on your new appointments. Kathleen M. Camilli Suzanne Blanchet, Tricia O’Malley Pat Kramer David Casper Alexandra Joanna Rotenberg to Director of the ASC to Board of Directors to CEO to President and Dousmanis-Curtis to Head, Personal Board to Guest Member, Assuris BDO CEO to Group Head, U.S. Wealth Management AGF Management Board of Directors BMO Financial Group Retail and Business BMO Financial Group Limited Agropur Cooperative Banking BMO Financial Group Connie Michael R. McAdoo Robert H. Stapleford, Mary Forrest Brent Cuthbertson Janine Keogh Bryan Pearson Stefankiewicz to Executive VP FCIA, FSA to Chair of the Board to Board of Directors to Board of Directors to Chair, to Chief Marketing The Business to President of Directors Canadian Marketing Canadian Marketing Board of Directors Officer Development Bank Canadian Institute Canadian Life and Association Association Canadian Marketing BMO Financial Group of Canada (BDC) of Actuaries Health Insurance Association Association Chris Stamper Uwe Stueckmann Suzanne Kettley Jill Gardiner Kelly Huntington Rob Mionis Steven Leer to Vice-Chair, to Board of Directors to Executive Director to Board of Directors to Board of Directors to President, CEO to Board of Directors Board of Directors Canadian Marketing Canadian Science Capital Power Capital Power and to Board of Cenovus Energy Canadian Marketing Association Publishing Directors Association Celestica To make arrangements for an Appointment Notice, please call 1-800-387-9012 or email [email protected] View all appointment notices online at www.globeandmail.com/appointments Recent Appointees Pierre J. Blouin Paul J. Bonavia Maura J. Clark Farouk Ahamed, Michael Hodgson Donald Guloien Joe Natale to Board of Directors to Board of Directors to Board of Directors CPA, CA to Managing to Board of Trustees to Board of Trustees Fortis Inc. Fortis Inc. Fortis Inc. to Chair, Board of Director, The Hospital for Sick The Hospital for Sick Directors Private Client Children Children Gore Mutual Highstreet Asset Management Inc. Irwin Rotenberg Charles Brindamour Ian A. Bourne Marc Caira Christie J. Clark George L. Cooke David F. Denison to Board of Trustees to Board of Directors to Board of Directors to Board of Directors to Board of Directors to Board of Directors to Board of Directors The Hospital for Sick Hydro One Inc. Hydro One Inc. Hydro One Inc. Hydro One Inc. Hydro One Inc. Hydro One Inc. Children M. Marianne Harris James D. Hinds Kathryn J. Jackson Roberta L. Jamieson Hon. Carm Marcello Philip Orsino to Board of Directors to Board of Directors to Board of Directors to Board of Directors Frances L. Lankin to Board of Directors to Board of Directors Hydro One Inc. Hydro One Inc. Hydro One Inc. Hydro One Inc. to Board of Directors Hydro One Inc. Hydro One Inc. Hydro One Inc. Jane L. Peverett Gale Rubenstein Sylvie Paquette Sarah Irving Mark Sherman Ian Whitcomb Hazel McCallion to Board of Directors to Board of Directors to Chair, Board of to Executive VP and to VP and COO to President to Board of Advisors Hydro One Inc. Hydro One Inc. Directors Chief Brand Officer Irving Oil Irving Oil The Kaneff Group of Insurance Bureau of Irving Oil Companies Canada (IBC) Recent Appointees Janet Woodruff Brian Lang Kay Priestly Brian Hilberdink Neil Bisset John M. Beck Jane Marshall to Board of Directors to President to Board of Directors to President, Novo to Senior VP and to Board of Directors to Board of Trustees Keyera Corp. MasterCard Canada New Gold Inc. Nordisk Canada Chief Information PPP Canada RioCan Real Estate Novo Nordisk Officer Investment Trust Ontario Teachers’ Pension Plan Thierry Vandal Tiff Macklem James O’Sullivan Vito Culmone Morgan Elliot Trevor English Michael Hanley to Board to Board of Directors to Group Head, to Executive VP to Sr VP, Regulatory to Sr VP, Corporate to Board of Directors of Directors Scotiabank Canadian Banking and CFO and Government Development and ShawCor Ltd. Royal Bank Scotiabank Shaw Relations Business Planning of Canada Communications Inc. Shaw Shaw Communications Inc Communications Inc. Donald Wishart Gino Di Gioacchino Helen Platis William McNamara Steven Dew Heather McCaw Dr. Daniel Weeks to Board of Directors to Board of Directors to VP, Client to Partner to Provost and VP, to VP, Advancement to President and ShawCor Ltd. SickKids Foundation Development Torys LLP Academic University of Alberta Vice Chancellor Stantec Consulting University of Alberta The University of Northern British Columbia Peter Stoicheff Lyle Stein to President and to Senior Portfolio Vice-Chancellor Manager and University of Managing Director Saskatchewan Vestcap Investment Management Inc. To make arrangements for an Appointment Notice, please call 1-800-387-9012 or email [email protected] ACTIVE OFFICE Revive Your 9 to 5 Make any workplace an Active Office! Switch From Sitting To Standing In 3 Seconds Get your employees standing with VARIDESK,the simple, height-adjustable sit/stand desk. VARIDESK ships fully assembled, requires no installation or fastening, and works with your exisiting furniture. Models start at $365. 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seriously annoyed. “We're educated, smart, passionate industry is still the biggest game . “gamification” feature, Persaud adds If busybodies ask why you're not swim- ming founder of Aquatics Informatics Inc., a company.
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