71-year-old firearms and outdoor brands files for Chapter 7 bankruptcy

71-year-old firearms and outdoor brands files for Chapter 7 bankruptcy

Sporting goods retailers, including the broader hunting and fishing category, have struggled in recent years. That’s, at least in part, because the internet has taken a bite out of their sales. As a casual tennis player, for example, I had to go to a sporting goods retailer if I needed tennis balls, which created the … Read more

GM CEO criticizes Canada’s decision to allow cheap Chinese electric vehicles

GM CEO criticizes Canada’s decision to allow cheap Chinese electric vehicles

Image credit: GM. The Canadian government’s recent decision to dramatically reduce import tariffs on electric vehicles from China has sparked sharp reactions in the global auto industry. The move, agreed between Canadian Prime Minister Mark Carney and Chinese leaders during high-level talks, allows up to 49,000 Chinese-built electric vehicles to enter Canada this year at … Read more

What happens when cheap Chinese electric vehicles come to Canada? Look at Australia.

What happens when cheap Chinese electric vehicles come to Canada? Look at Australia.

The world can There are plenty of options in the Chinese car market, and almost every one of them is desperately looking for a new home in an export market. Brands like BYD or Xiaomi may have strong sales and profitability at home, but that’s the exception, not the rule. There are dozens of smaller … Read more

Britain must declare independence from America or it will die

Britain must declare independence from America or it will die

Of all the explanations for Donald Trump’s attempt to occupy Greenland, the most superficially attractive is that the president has dementia. In that case, why not pretend to give it to her? Fly him somewhere that looks green, put on a military parade and tell him that’s it. Senile fantasy fulfilled. Unfortunately, the rot goes … Read more

Chinese electric vehicles are making inroads into North America. That worries industry experts

Chinese electric vehicles are making inroads into North America. That worries industry experts

DETROIT (AP) — Chinese automakers have made inroads around the world with growing sales of their high-tech, stylish and affordable electric vehicles. That worried competitors even before Canada this week agreed to lower tariffs on Chinese electric vehicles in exchange for concessions on Canadian agricultural products. Experts now say an easier path to Canada could … Read more

He was Canada’s snowboarding prodigy. Now he is the next Pablo Escobar

He was Canada’s snowboarding prodigy. Now he is the next Pablo Escobar

Ryan Wedding was so talented that he earned a spot on Canada’s national ski team at just 15 years old. Three decades later, the 44-year-old – whose nicknames include “El Jefe”, meaning “The Boss” and “The Giant” – has been described by the FBI as the most dangerous and prolific drug dealer since Pablo Escobar. … Read more