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Onex founder Gerry Schwartz to exit as CEO, Bobby Le Blanc taking on role
Gerry Schwartz, Chairman and President and Chief Executive Officer of Onex Corporation, addresses shareholders during their annual general meeting in Toronto, Thursday, May 8 2008. The Canadian businessman behind a friendly deal to buy WestJet Airline Ltd. has a reputation for his stellar business acumen and famous Toronto mansion but a long-time family friend says the titan has not forgotten his humbler beginnings. THE CANADIAN PRESS/J.P. Moczulski
report on business
Onex posts loss as equity market slump hits stakes in public companies
The Onex Corporation logo is displayed at the company's annual general meeting in Toronto on Thursday, May 10, 2012. THE CANADIAN PRESS/Nathan Denette
opinion
Economic reconciliation with Indigenous peoples must become more common on Bay Street
Rita Trichur
opinion
Sunwing deal is just the first as hospitality sector faces consolidation pressures
Andrew Willis
report on business
Onex sees profit double to US$1.4-billion in 2021
The Onex Corporation logo is displayed at the company's annual general meeting in Toronto on May 10, 2012.  THE CANADIAN PRESS/Nathan Denette
report on business
Onex sells stake in Texas-based AIT to Qatar’s sovereign wealth fund
The Onex Corporation logo is displayed at the company's annual general meeting in Toronto on May 10, 2012. Shares in Gluskin Sheff + Associates Inc. soared nearly 30 per cent after the company signed a deal to be acquired by private equity firm Onex Corp. worth $445 million. Gluskin Sheff shares were up $3.18 at $14.35 in trading on the Toronto Stock Exchange late Monday morning. Onex announced its friendly offer for Gluskin Sheff of $14.25 per share after the close of markets on Friday. THE CANADIAN PRESS/Nathan Denette
report on business
Onex hires Dave Kelly as new head of Gluskin Sheff
The Onex Corporation logo is displayed at the company's annual general meeting in Toronto on Thursday, May 10, 2012. THE CANADIAN PRESS/Nathan Denette
report on business
Onex acquires U.K.-based education technology provider Tes Global
The Onex Corporation logo is displayed at the company's annual general meeting in Toronto on May 10, 2012.  THE CANADIAN PRESS/Nathan Denette
report on business
Onex profits jump in third quarter as asset-management income doubles
The Onex Corporation logo is displayed at the company's annual general meeting in Toronto on May 10, 2012.  THE CANADIAN PRESS/Nathan Denette
inside the market
Tuesday’s analyst upgrades and downgrades
Rogers corporate head office and headquarters seen from Ted Rogers Way in Toronto on Monday, Oct. 25.
investment ideas
Bullish on Onex Corp.
Monica Rizk and Ron Meisels
report on business
Onex eyes credit products in its mission for expansion
Gerry Schwartz, chief executive officer of Onex Corp., speaks during an interview at the company's office in Toronto, Ontario, Canada, Tuesday, June 3, 2014. Nigel Wright, former chief of staff to Prime Minister Stephen Harper, is poised to return to Onex Corp., Canada's largest private equity firm. "We are very hopeful that very soon Nigel will be back at Onex," Schwartz said. "I think that he will, and I think he will in the very near future." Photographer: Galit Rodan/Bloomberg *** Local Caption *** Gerry Schwartz
report on business
WestJet CEO Ed Sims to retire at year’s end
WestJet president and CEO Ed Sims addresses the airline's annual meeting in Calgary, Tuesday, May 7, 2019.THE CANADIAN PRESS/Jeff McIntosh
report on business
More than 500 WestJet employees unionize in Calgary and Vancouver
A ground worker wearing a face mask to curb the spread of COVID-19 unloads lobsters from a WestJet Airlines flight at Vancouver International Airport, in Richmond, B.C., on Thursday, January 21, 2021. THE CANADIAN PRESS/Darryl Dyck
report on business
Onex rebounds to first-quarter profit after pandemic-related losses a year earlier
The Onex Corporation logo is displayed at the company's annual general meeting in Toronto on Thursday, May 10, 2012. THE CANADIAN PRESS/Nathan Denette
report on business
Air Canada to extend COVID-19 sun-destination flight suspension through May
FILE PHOTO: An Air Canada Airbus A320-200 airplane prepares to land at Vancouver's international airport in Richmond, British Columbia, Canada, February 5, 2019. REUTERS/Ben Nelms/File Photo
report on business
Private equity funds sell old economy holdings as market rebounds
Rolls of coiled coated steel are shown at Stelco in Hamilton, Ont., on June 29, 2018. Stelco Holdings Inc. says its net loss almost doubled to $47 million in the fourth quarter as revenues dropped due to a blast furnace upgrade. THE CANADIAN PRESS/Peter Power
report on business
Onex profit rises 3 per cent despite pandemic headwinds
Onex Corporation Chairman of the Board, President and Chief Executive Officer Gerald Schwartz speaks at the company's annual general meeting in Toronto on Thursday, May 10, 2012. THE CANADIAN PRESS/Nathan Denette
report on business
Ottawa approves Air Canada’s $180-million takeover of Air Transat
Tails of Air Transat and an Air Canada aircraft are seen on the tarmac at Montreal-Trudeau International Airport, in Montreal, Wednesday, April 8, 2020. THE CANADIAN PRESS/Paul Chiasson
advisor stocks
Why investors need to proceed with caution when considering SPACs
FILE - In this Feb. 13, 2020, file photo, Virgin Galactic's VSS Unity departs Mojave Air & Space Port in Mojave, Calif. for the final time as Virgin Galactic shifts its SpaceFlight operations to New Mexico. Virgin Galactic said Thursday, Nov. 5, 2020, it expects to launch its first test spaceflight from New Mexico between Nov. 19-23. "This will be the first-ever human spaceflight conducted from New Mexico," Chief Executive Officer Michael Colglazier said in a statement. (Matt Hartman via AP, File)
report on business
Chasing the hydrogen dream: Ballard on quest to transform long-haul transportation
Ballard Power Systems testing facility in Burnaby, B.C., on Oct. 26, 2020.
politics
Federal government spends $5-million on outside consultants for LEEFF emergency loan program
Federal Finance Minister Bill Morneau (left) and Minister of Innovation, Science and Industry Navdeep Bains arrive for a news conference in Toronto on April 1, 2020.
inside the market
Market movers: Stocks that saw action on Friday - and why
report on business
Onex posts $515-million profit as rebound from pandemic setbacks continues
Gerry Schwartz, Chairman and President and Chief Executive Officer of Onex Corporation, addresses shareholders during their annual general meeting in Toronto, Thursday, May 8 2008. The Canadian businessman behind a friendly deal to buy WestJet Airline Ltd. has a reputation for his stellar business acumen and famous Toronto mansion but a long-time family friend says the titan has not forgotten his humbler beginnings. THE CANADIAN PRESS/J.P. Moczulski
report on business
Air Canada chief executive Rovinescu to retire in February; Rousseau named next CEO
Air Canada President and CEO Calin Rovinescu attends the company's annual general meeting in Montreal, Friday, May 5, 2017. Air Canada's fourth-quarter revenue and adjusted earnings came in ahead of analyst estimates, as the Montreal-based airline posted record-high annual revenue for 2017. THE CANADIAN PRESS/Graham Hughes
streetwise newsletter
Streetwise newsletter: Onex makes US$960-million investment in employee benefits firm OneDigital
Commerce Court West (let), TD Centre (centre) and First Canadian Place (r9ght) in TorontoÕs Financial District, are photographed on July 15 2020.
report on business
Onex makes $960-million investment in U.S. employee benefits firm OneDigital
The Onex Corporation logo is displayed at the company's annual general meeting in Toronto on May 10, 2012. Shares in Gluskin Sheff + Associates Inc. soared nearly 30 per cent after the company signed a deal to be acquired by private equity firm Onex Corp. worth $445 million. Gluskin Sheff shares were up $3.18 at $14.35 in trading on the Toronto Stock Exchange late Monday morning. Onex announced its friendly offer for Gluskin Sheff of $14.25 per share after the close of markets on Friday. THE CANADIAN PRESS/Nathan Denette
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Scotia calls this Canadian financial stock ‘too cheap to ignore’
report on business
Onex brings in president as it eyes future growth
The Onex Corporation logo is displayed at the company's annual general meeting in Toronto on Thursday, May 10, 2012. THE CANADIAN PRESS/Nathan Denette
report on business
Indigo reports declining revenue, wider first quarter losses
Chapters Indigo opened for in-store shopping in some areas on May 19th. A customer enters a store at Sherway Gardens in Toronto. May 19, 2020 (Melissa Tait / The Globe and Mail)
report on business
Onex swings to profit as markets rebound following first-quarter plunge
The Onex Corporation logo is displayed at the company's annual general meeting in Toronto on Thursday, May 10, 2012. THE CANADIAN PRESS/Nathan Denette
streetwise newsletter
Streetwise newsletter: Reopening companies face growing liability insurance premiums due to coronavirus risk
People walk by a Bay Street sign at the financial district in Toronto, October 10, 2008. REUTERS/Mark Blinch
report on business
Onex and investment partners sell $765-million stake in analytics firm, resuming selling trend
Gerry Schwartz, Chairman and President and Chief Executive Officer of Onex Corporation, addresses shareholders during their annual general meeting in Toronto, Thursday, May 8 2008.
inside the market
Market movers: Stocks that saw action on Thursday - and why
report on business
Onex posts US$1.1-billion loss, writes down WestJet stake
Onex committed $345-million of its own capital to the WestJet Airlines acquisition.
report on business
Onex reports $1.1-billion first-quarter loss on COVID-19 related market disruption
A WestJet aircraft sits by a gate at Terminal 3 at Toronto Pearson International Airport, on Oct 27 2019.