Canadian Business Explained

Category:Business
Frequency:Biweekly
Total Circulation:80,064[1]
Circulation Year:December 2011
Founded:1927
Firstdate:February 1928
Finaldate:December 2016
Company:St. Joseph Communications
Country:Canada
Based:Toronto
Language:English
Issn:0008-3100

Canadian Business is the longest-publishing business magazine based in Toronto, Ontario, Canada, and founded in 1927. The print edition terminated in the end of 2016. Beginning in January 2017, the magazine was published online only.[2]

In October 2021, Canadian Business relaunched its print edition as a quarterly magazine.[3]

History and profile

The magazine was founded in 1927.[4] The first issue appeared in February 1928 as The Commerce of the Nation, the organ of the Canadian Chamber of Commerce.[5] The magazine was renamed Canadian Business in 1933. Canadian Business official association with the Chamber of Commerce ended in 1977, the position of official media partner is currently held by George Media's The Canadian Business Journal.[6] It is owned by Rogers Communications.[7] The company acquired the magazine in 1994.[7] The former owner was Maclean Hunter.[7]

Canadian Business is published every second week, monthly in January, July and August. Its special annual issues include: the Rich 100 (highlighting the wealthiest Canadians), the Investor 500 (comparing the largest 500 publicly listed Canadian companies), All-Star Execs (about the best corporate executives), the MBA Report, and the Best and Worst Boards.

Its main direct competition comes from Report on Business Magazine, published by and inserted in The Globe and Mail newspaper, Financial Post Magazine, formerly National Post Business, published by and inserted in the National Post newspaper and The Canadian Business Journal business magazine published by George Media.

Profit, targeting small and mid-sized businesses, is a sister title under the same ownership.

On March 20, 2019, Rogers announced a deal to sell the magazine to St. Joseph Communications.[8]

Annual report on wealthiest Canadians

see List of Canadians by net worth

2008

In 2008 the Canadian Business magazine's annual report on the wealthiest Canadians calculated that the Irving family combined wealth rose 34 percent from 2007 to $US 7.11 billion. Only the Thompson family, with a net worth is $US 18.45 billion, are wealthier [9]

2012

In their annual report on Canada's wealthiest, Canadian Business magazine described Ultra High Net Worth (UHNW) Canadians as having a very profitable year. The wealthiest are now among the 0.00028%, not just the 1%. Frank Stronach's net was $US 2.72 Billion in 2011-2012. The Chan family's net worth was $US 1.03 billion. JR Shaw's net worth was $US 1.5 billion up 4.41 percent from last year.[10]

External links

Notes and References

  1. Web site: eCirc for Consumer Magazines. Audit Bureau of Circulations. 28 April 2012. https://web.archive.org/web/20041211131115/http://abcas3.accessabc.com/ecirc/magtitlesearch.asp. 11 December 2004. dead.
  2. Web site: Rogers to make 4 of its magazines online-only by 2017. www.cp24.com. Apr 30, 2023.
  3. Web site: 2021-09-22. Canadian Business relaunches with a print and digital redesign—and a new focus on challenging the status quo. 2021-12-01. Toronto Life. en-US.
  4. Book: Europa World Year. 26 November 2016. 2004. Taylor & Francis Group. 978-1-85743-254-1. 1025.
  5. News: Conan Tobias. A brief history of Canadian Business, Canada's oldest business magazine Strategy. 1 May 2016. Canadian Business. 20 February 2012.
  6. Web site: George Media announcement . 2011-01-30 . https://web.archive.org/web/20110110070352/http://www.georgenetwork.com/gm_news/george_media_announces_media_partnership_with_the_canadian_chamb.html . 2011-01-10 . dead .
  7. News: Althia Raj. Canadian Business may be Shut Down: Sources. 20 June 2016. Huffington Post. 9 February 2016.
  8. https://www.theglobeandmail.com/business/article-toronto-life-owner-st-joseph-communications-to-buy-rogers-magazines/ "Toronto Life owner St. Joseph Communications to buy Rogers magazines"
  9. News: Irving family jumps to No. 2 on list of richest Canadians. 5 December 2008. CBC News.
  10. News: Top 20 richest Canadians. Canadian Business. 22 November 2012.