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jerryking : home_grown   9

Canada’s missed opportunity: Pot industry now being run out of the U.S.
JULY 3, 2019 | The Globe and Mail | by ANDREW WILLIS.

With Bruce Linton’s firing, it’s now all too clear that the biggest companies in Canadian cannabis are run out of New York and the state of Washington. An industry that this country seemed destined to lead when the federal Liberals legalized recreational cannabis last October 2018, is increasingly dominated by foreigners. ...... The opportunity to create global cannabis champions, based in Canada, appears to be vanishing. There should be a conversation around that issue, in political and business circles, before the biggest head offices all disappear... Linton ...lost his job because his visionary approach for Canopy Growth Corp. didn’t fit with the predictable, quarter-by-quarter profits demanded by Constellation Brands Inc....Linton’s departure is similar to what has played out at many startups that get sold to multinational companies. .....Even when we brought Constellation's $5-billion in, I knew, from that change of structure, there would likely be implications for management, but it was the right thing to do for the company.”... our entrepreneurs tend to sell successful startups at a relatively early stage, compared to jurisdictions such as the U.S. and Asia. . The trend, now happening even more rapidly in the cannabis sector, cuts into the potential future prosperity of this country......a study last year from the Washington-based Brookings Institution and the Martin Prosperity Institute at the University of Toronto’s Rotman School of Business – scaling up successful domestic businesses is essential to creating wealth and producing the next generation of corporate leaders. Canadians need to do better at turning their own companies into global champions. Silicon Valley generates enormous wealth out of a vibrant tech community. Why can’t Leamington, Ont., or Nanaimo, B.C., aspire to do the same in cannabis?..Canadian cannabis companies were created by government policy..... federal and provincial regulators granted the licences needed to grow and distribute their products – and local capital markets were receptive to financing them...CEOs, boards and domestic politicians should be asking if the country is best served by a laissez-faire approach to cannabis that created vibrant, valuable businesses following legalization in 2018, then quickly began handing over control of the sector....
Andrew_Willis  Bay_Street  Brookings  cannabis  Canopy_Growth  CEOs  Constellation_Brands  crossborder  departures  firings  global_champions  head_offices  home_grown  industrial_policies  Martin_Prosperity_Institute  missed_opportunities  sellout_culture 
july 2019 by jerryking
No Canadians need apply: the worrying trend in arts hiring - The Globe and Mail
KATE TAYLOR
The Globe and Mail
Published Friday, Aug. 05, 2016

What is worrying is the pattern: It suggests that Canadian cultural institutions are not nurturing their own talents.

If Canadian curators cannot aspire to eventually manage the museums where they work, or Canadian stage directors need never consider running Canada’s festivals, they will not give their institutions the best of themselves. They will either slump into the self-fulfilling prophecy of lower expectations or they will go abroad.

Of course, museum and festival management is, like many a business, an increasingly global game and these things do go through cycles – Anderson was rapidly replaced by one of his Canadian curators, Matthew Teitelbaum, a Torontonian who ran the AGO for 17 years before moving to the helm of the Boston Museum of Fine Arts last year.

But the recent trend suggests that the boards of large Canadian institutions need to band together to discuss how they can better mentor and nurture potential leaders.

Perhaps they should also take a careful look at the assumptions they are making in their hiring processes. These big appointments are often trumpeted with announcements that stress the long, complicated and, most of all, international searches that have been undertaken to find candidates. That may actually be part of the problem: the increasing use of headhunters to fill these jobs. Executive-recruitment agencies charging large fees to conduct searches deep into the United States or over to Europe are unlikely to conclude that the best person for the job is sitting down the hall or across the street from the incumbent.
cultural_institutions  CEOs  hiring  glass_ceilings  Canadian  museums  galleries  arts  festivals  boards_&_directors_&_governance  home_grown  mentoring  institutional_memory  executive_search  succession  leadership  curators 
august 2016 by jerryking
A ‘war on terrorism’? No thanks. There are smarter ways to meet the threat - The Globe and Mail
The Globe and Mail
Published Saturday, Feb. 07 2015

What do terrorists want? ....They want us to react to them, and above all to overreact....Using the language of war dignifies their delusions and elevates their crimes. Better to meet and defeat them on our country’s preferred turf: old-fashioned police work, patient intelligence gathering, meticulous legal proceedings and the fairest of trials. We know how to do this....Over the past few weeks, the Prime Minister has seemed intent on riling people up and making the most of the terrorist threat. He has exaggerated the danger of ISIS and its connection to possible terrorism in Canada. That’s wrong. At a time like this, the PM should be the chief minister in charge of deflating hyperbole, putting things in perspective – and reminding Canadians that we must continue as we always have, on guard but free.
terrorism  Stephen_Harper  overreaction  ISIS  Canada  Canadian  lone_wolves  editorials  sense_of_proportion  the_big_picture  home_grown  self-radicalization  strengths  security_&_intelligence  perspectives 
february 2015 by jerryking
The year in review: Canadians’ capital courage - The Globe and Mail
The Globe and Mail
Published Monday, Dec. 29 2014

In the aftermath of the attack, Canadians wondered how long it would take the country to return to normal. The real answer was, About three seconds, or whatever time it took for six people to rush in the direction of gunfire to help a wounded stranger....Canada’s greatest strengths are its compassion, freedom and proven courage. Those six in Ottawa who ran to Nathan Cirillo’s aid had no idea whether they were in equal danger, but they didn’t stop to think about it. Ms. Winters, Margaret Lehre, Martin Magnan, Kyle Button, Conrad Mialkowski and Tom Lawson have since become friends. They get together when they can. They don’t grandstand. They feel sad they couldn’t do more. They look out for each other. It is these qualities that will best guide Canada as it struggles through this peculiar age.
inspiration  editorials  Ottawa  Nathan_Cirillo  War_Memorial  heroes  terrorism  lone_wolves  strengths  home_grown  self-radicalization 
december 2014 by jerryking
What unfolded during the attack in Ottawa - The Globe and Mail
KATHRYN BLAZE CARLSON, KIM MACKRAEL AND BILL CURRY
OTTAWA — The Globe and Mail
Published Wednesday, Oct. 22 2014
heroes  Ottawa  terrorism  Parliament  House_of_Commons  home_grown  self-radicalization 
november 2014 by jerryking
Analysis: U.S. Tech Companies, China Tangle Over Contracts - WSJ.com
APRIL 18, 2011 John Bussey. Despite an agreement between
President Obama and President Hu in January, U.S. technology companies
are again complaining about how China awards contracts...The bigger
issue, Mr. Murck adds, is that this is just one piece of China's broader
industrial policy, a large array of mostly new rules designed to speed
the growth of national champions and foster home-grown innovation.

The list is long: new patent laws that could make it easier to seize
foreign innovation; the setting of standards that require products to be
re-engineered to meet Chinese specifications; national-security
initiatives that give preferential treatment to Chinese companies in
several industries; limitations on market access for U.S. services
companies; continued weak enforcement of intellectual-property rights.
China  contracts  global_champions  home_grown  Hu_Jintao  indigenous  industrial_policies  innovation  intellectual_property  non-tariff_barriers  patents  patent_law  predatory_practices  property_rights  technical_standards  technology_transfers 
april 2011 by jerryking

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