Hyundai now has a hydrogen-fuelled vehicle available in Canada, and Toyota wants to introduce theirs here too, while Canadian fuel cell developers are busy putting their product in everything from trains to buses and forklifts.
A sole proprietorship, also known as a sole trader, is owned by one person and operates for their benefit. The owner may operate the business alone or with other people.
A partnership is a business owned by two or more people. In most forms of partnerships, each partner has unlimited liability for the debts incurred by the business. The three most prevalent types of for-profit partnerships are general partnerships, limited partnerships, and limited liability partnerships.
The owners of a corporation have limited liability and the business has a separate legal personality from its owners. Corporations can be either government-owned or privately owned. They can organize either for profit or as not-for-profit organizations.
Often referred to as a "co-op", a cooperative is a limited liability business that can organize for-profit or not-for-profit. A cooperative differs from a corporation in that it has members, not shareholders, and they share decision-making authority.
In recent decades, various states modeled some of their assets and enterprises after business enterprises. In 2003, for example, the People's Republic of China modeled 80% of its state-owned enterprises on a company-type management system
Hyundai now has a hydrogen-fuelled vehicle available in Canada, and Toyota wants to introduce theirs here too, while Canadian fuel cell developers are busy putting their product in everything from trains to buses and forklifts.
Ever heard of Bunz? If you're a not a millennial, probably not. It started out as a private Facebook group for swapping something you don't need for something you might want. and has grown to more than 40,000 members. It even has its own app and recently acquired an angel investor. Who says the sharing economy isn't working?
Canada's economy expanded for the fourth consecutive month in January, as the country's gross domestic product grew by 0.6 per cent from the month before.
The Quebec-based St-Hubert restaurant business has agreed to be acquired by the owner of the Swiss Chalet chain for $537 million.
Dollarama is turning to the fourth generation of its founding family, with the son of the current chief executive about to take over as CEO of Canada's largest chain of discount stores.
Tesla is set to unveil its latest vehicle Thursday, a $35,000 electric car aimed at mass market consumers who've never owned a luxury or electric vehicle — and likely thought they never would.