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Dynamite’s CEO Lambastes Quebec Premier Legault Over Immigration

The head of fast-fashion retailer Groupe Dynamite Inc. sharply criticized Quebec Premier Francois Legault, threatening again to move the company’s headquarters if the provincial government doesn’t relax its restrictive immigration policies.

Andrew Lutfy, chief executive officer of Groupe Dynamite Inc., at the Royalmount mall in Montreal, Quebec, Canada, on Friday, Nov. 29, 2024. The retail entrepreneur behind fast-fashion chain Groupe Dynamite Inc. says he decided to take the company public after exploring talks with private equity groups and determining they weren't the right fit.
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Dynamite’s CEO Lambastes Quebec Premier Legault Over Immigration

The head of fast-fashion retailer Groupe Dynamite Inc. sharply criticized Quebec Premier Francois Legault, threatening again to move the company’s headquarters if the provincial government doesn’t relax its restrictive immigration policies.

Andrew Lutfy, chief executive officer of Groupe Dynamite Inc., at the Royalmount mall in Montreal, Quebec, Canada, on Friday, Nov. 29, 2024. The retail entrepreneur behind fast-fashion chain Groupe Dynamite Inc. says he decided to take the company public after exploring talks with private equity groups and determining they weren't the right fit.
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UK Startup Awendio Plans $725 Million Solar-Cell Plant in Quebec

British startup Awendio Solaris is drafting plans to invest as much as C$1 billion ($725 million) into a solar technologies factory in Canada, though it still needs to secure power supply and financing.

Rendering of a Awendio Solaris solar technology manufacturing facility planned for an industrial site in Montreal-East.
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WSP to Buy Warburg-Owned Engineering Firm for $3.3 Billion

Canada’s WSP Global Inc. reached a deal to buy a US engineering firm from Warburg Pincus LLC with the financial backing of its largest shareholder, Quebec’s public pension fund.

Power utility lines above the Memorex Junction Substation in Santa Clara, California, US, on Monday, Nov. 3, 2025. Two of the world's biggest data center developers have projects in Nvidia Corp.'s hometown that may sit empty for years because the local utility isn't ready to supply electricity. Photographer: Jason Henry/Bloomberg
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Billionaire Peladeau Takes Another Run at Canadian Airline Transat

Shares of Canadian airline and vacation provider Transat AT Inc. rose more than 18% after Quebec billionaire Pierre Karl Péladeau pressured for partial control of the board, saying the company needs major changes to fix its balance sheet.

Air Transat aircraft sit on the tarmac at Toronto Pearson International Airport (YYZ) in Toronto, Ontario, Canada, on Wednesday, April 8, 2020. The airport is now averaging 200 flights per day, down from 1,200 before the Covid-19 pandemic, CTV News reported.
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