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Jim Pattison Group
The Jim Pattison Group is a Canadian conglomerate based in Vancouver. In a recent survey by the Financial Post, the firm was ranked as Canada's 62nd largest company. Jim Pattison, a Vancouver-based entrepreneur, is the chairman, CEO, and sole owner of the company. The Jim Pattison Group, Canada's second largest privately held company, has more than 45,000 employees worldwide, and annual sales of $10.1 billion based on investments in Canada, the U.S., Mexico, Europe, Asia and Australia. The Group is active in 25 divisions, according to Forbes, including packaging, food, forestry products. In early 2022, the 93-year-old Pattison was still working full-time. According to Forbes, his net worth then was $5.7 billion, having increased substantially from the $2.1 billion reported in March 2009. In September 2020, a news item stated that "Jim Pattison Group Inc. had $10.9 billion in revenue and employed 48,000 people". History The Jim Pattison Group began on May 8, 1961, when Pattiso ...
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Jim Pattison
James Allen Pattison (born October 1, 1928) is a Canadian business magnate, investor, and philanthropist. He is based in Vancouver, British Columbia, where he holds the position of chief executive officer, chairman and sole owner of the Jim Pattison Group, Canada's second largest privately-held company, with more than 45,000 employees worldwide, and annual sales of $10.1 billion. The Group is active in 25 divisions, according to Forbes, including packaging, food, and forestry products. In 2015, he was considered to be Canada's fourth richest person. According to Forbes, Pattison's net worth in late 2018 was $5.7 billion, having increased substantially from the $2.1 billion reported in March 2009. At the time, he was described as Canada's third richest man by Bloomberg News. Pattison was inducted into Canada's Walk of Fame in December 2018, having previously been appointed to the Order of Canada (1987) and the Order of British Columbia (1990), and receiving the Governor General ...
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Private Company
A privately held company (or simply a private company) is a company whose shares and related rights or obligations are not offered for public subscription or publicly negotiated in the respective listed markets, but rather the company's stock is offered, owned, traded, exchanged privately, or Over-the-counter (finance), over-the-counter. In the case of a closed corporation, there are a relatively small number of shareholders or company members. Related terms are closely-held corporation, unquoted company, and unlisted company. Though less visible than their public company, publicly traded counterparts, private companies have major importance in the world's economy. In 2008, the 441 list of largest private non-governmental companies by revenue, largest private companies in the United States accounted for ($1.8 trillion) in revenues and employed 6.2 million people, according to ''Forbes''. In 2005, using a substantially smaller pool size (22.7%) for comparison, the 339 companies on ...
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Collateral (finance)
In lending agreements, collateral is a borrower's pledge of specific property to a lender, to secure repayment of a loan. The collateral serves as a lender's protection against a borrower's default and so can be used to offset the loan if the borrower fails to pay the principal and interest satisfactorily under the terms of the lending agreement. The protection that collateral provides generally allows lenders to offer a lower interest rate on loans that have collateral. The reduction in interest rate can be up to several percentage points, depending on the type and value of the collateral. For example, the Annual Percentage Rate (APR) on an unsecured loan is often much higher than on a secured loan or logbook loan. If a borrower defaults on a loan (due to insolvency or another event), that borrower loses the property pledged as collateral, with the lender then becoming the owner of the property. In a typical mortgage loan transaction, for instance, the real estate being acq ...
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Vancouver Island
Vancouver Island is an island in the northeastern Pacific Ocean and part of the Canadian Provinces and territories of Canada, province of British Columbia. The island is in length, in width at its widest point, and in total area, while are of land. The island is the largest by area and the most populous along the west coasts of the Americas. The southern part of Vancouver Island and some of the nearby Gulf Islands are the only parts of British Columbia or Western Canada to lie south of the 49th parallel north, 49th parallel. This area has one of the warmest climates in Canada, and since the mid-1990s has been mild enough in a few areas to grow Mediterranean Sea, Mediterranean crops such as olives and lemons. The population of Vancouver Island was 864,864 as of 2021. Nearly half of that population (~400,000) live in the metropolitan area of Greater Victoria, the capital city of British Columbia. Other notable cities and towns on Vancouver Island include Nanaimo, Port Alberni, ...
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Halifax Regional Municipality
Halifax is the capital and largest municipality of the Provinces and territories of Canada, Canadian province of Nova Scotia, and the largest municipality in Atlantic Canada. As of the 2021 Census, the municipal population was 439,819, with 348,634 people in its urban area. The regional municipality consists of four former municipalities that were Amalgamation (politics), amalgamated in 1996: History of Halifax (former city), Halifax, Dartmouth, Nova Scotia, Dartmouth, Bedford, Nova Scotia, Bedford, and Halifax County, Nova Scotia, Halifax County. Halifax is a major economic centre in Atlantic Canada, with a large concentration of government services and private sector companies. Major employers and economic generators include the Canadian Armed Forces, Department of National Defence, Dalhousie University, Nova Scotia Health Authority, Saint Mary's University (Halifax), Saint Mary's University, the Halifax Shipyard, various levels of government, and the Port of Halifax. Agricult ...
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Carthage, Texas
Carthage is a city and the county seat of Panola County, Texas, United States. This city is situated in deep East Texas, 20 miles west of the Louisiana state line. Its population was 6,569 at the 2020 census. History Carthage was founded in 1847, two years after Texas was admitted to the United States. During the Civil War, men from Carthage and Panola County served as Confederate soldiers. African-American resident Milton M. Holland, formerly enslaved, served as a Union sergeant and earned a Medal of Honor. After the Civil War, population growth was slow, but large amounts of cotton, corn, sweet potatoes, oats, and sugarcane were produced in the county. The city began to expand in 1888 when a railroad reached Carthage, along with telegraph and telephone lines. During the Great Depression, a gas field was discovered near Carthage. After World War II, this gas field was developed and proved to be the largest in the United States. The city flourished, with the population increasing ...
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Quebecor Media
Quebecor Media Inc. is a Canadian media conglomerate that owns a wide array of media outlets, as well as an internet service provider. History In 1983 Quebecor purchased the Winnipeg Sun newspaper, which had been independently run. The newspaper was later sold to the Postmedia chain. In August 2000, Quebecor Media bought Vidéotron for CA$4.9 billion. In May 2001, the Canadian Radio-television and Telecommunications Commission (CRTC) approved the transfer of broadcasting licenses from Vidéotron to Quebecor Media. Also in 2001, Quebecor Media bought Groupe TVA. As of June 2018, Quebecor Inc. fully owns Quebecor Media, while CDP Capital d’Amérique Investissements Inc. (a subsidiary of Caisse de dépôt et placement du Québec, the provincial pension fund) previously owned an 18.9% share. On May 8, 2018, Quebecor had announced its intent to buy out the remainder of the Caisse's stake for $1.69 billion in cash and stock. Assets * Groupe TVA (broadcasting, publishing & prod ...
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24 Hours (newspaper)
''24 Hours'' (french: 24 Heures) was a group of English-language and French-language free daily newspapers published in Canada. It was published in French in Montreal and Gatineau and in English in Calgary, Edmonton, Ottawa, Toronto, and Vancouver. The Gatineau edition was discontinued in 2008 and the Calgary, Edmonton, and Ottawa editions ceased publication in 2013. The Toronto and Vancouver editions were sold to Postmedia Network as part of Quebecor's divestment of English-language news, and they were later acquired by Torstar in an asset swap on November 27, 2017 and immediately shut down in favour of the Torstar-owned ''Metro'' papers in those cities (rebranded ''StarMetro'' the following year). The French-language Montreal edition published by Quebecor Media and known as '' 24heures'' later known as ''24H'' and now known as ''24'' and published weekly is the only survivor under the name after folding of all the other Canadian editions. In 2021, it re-launched as a print week ...
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Icicle Seafoods
Icicle Seafoods is an American seafood processor and wholesaler with land-based and vessel-based processing facilities throughout Alaska. Its corporate headquarters is in Seattle, Washington. The company was started as Petersburg Fisheries, Inc. in 1965 by a group of Alaskan fishermen, led by founding CEO Robert Magnus Thorstenson, Sr., vice President Thomas E. Thompson, and fishermen Magnus A. Martens and Gordon Jensen, who would become the chairman of the board during the founders' final years. They purchased the Pacific American Fisheries, cannery in Petersburg, Alaska. These four owned 55% and the company fishermen owned 45%. In 1977, the company was renamed Icicle Seafoods, Inc. By the early 1980s, Icicle was the world's largest halibut and black cod producer, and was among the world's top salmon producers. The company was sold to Fox, Paine and Partners in 2007 by the original stockholders, who by this time had migrated approximately to about 75% management and employee ow ...
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Monarch Broadcasting
Monarch Cablesystems, LTD. is a now-defunct cable television and internet service provider in British Columbia and portions of Alberta in Western Canada, and also operates Monarch TV-10, a community channel on Cable 10. Monarch was founded in the 1960s, and had expanded throughout Northern and Eastern British Columbia, with portions of service extending into southern Alberta as well. In 1976, Monarch had expanded into broadcasting by purchasing CBC Television affiliate CKRD-TV in Red Deer, Alberta under its newly created Monarch Broadcasting division. The station would later be sold to Allarcom in 1989. Monarch Broadcasting would later purchase Prince George, British Columbia's CKPG-TV in 1990 from Q Broadcasting, Ltd. The station, along with the entire Monarch Broadcasting division would be sold to Jim Pattison Broadcasting group, a division of the Jim Pattison Group on December 21, 2000. On October 1, 2007, Monarch was sold to Prince Rupert, British Columbia's CityTel and mer ...
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Ripley's
''Ripley's Believe It or Not!'' is an American franchise founded by Robert Ripley, which deals in bizarre events and items so strange and unusual that readers might question the claims. Originally a newspaper panel, the ''Believe It or Not'' feature proved popular and was later adapted into a wide variety of formats, including radio, television, comic books, a chain of museums and a book series. The Ripley collection includes 20,000 photographs, 30,000 artifacts and more than 100,000 cartoon panels. With 80-plus attractions, the Orlando, Florida-based Ripley Entertainment, Inc., a division of the Jim Pattison Group a Canadian global company with an annual attendance of more than 12 million guests. Ripley Entertainment's publishing and broadcast divisions oversee numerous projects, including the syndicated TV series, the newspaper cartoon panel, books, posters and games. Syndicated feature panel Ripley first called his cartoon feature, originally involving sports feats, ''Champs ...
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Westshore Terminals Income Fund
Roberts Bank is home to a twin-terminal port facility located on the mainland coastline of the Strait of Georgia in Delta, British Columbia, Canada. Opened in 1970 with Westshore Terminals as its only tenant, Roberts Bank was expanded in 1983–84, and in June 1997 opened a second terminal, thGCT Deltaportcontainer facility. Part of Port of Vancouver, Roberts Bank is also known as the Outer Harbour of Canada's busiest port. Westshore is the busiest single coal export terminal in North America and is operated by the Westar Group on a long-term contract. It typically ships over 20 million tonnes of export coal a year and early in 2010 completed a $49-million equipment upgrade, bringing its capacity from 24 million to 29 million tonnes per year. Some of this coal is metallurgical coal from mines in the interior of British Columbia, some of which are operated by Teck Resources. This coal mined within British Columbia pays a provincial carbon tax on its embodied emissions. However ...
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