��SM�� Desautels Faculty of Management - Paul Beaumont's Recent Media Coverage

US expansion plans head south for Quebec’s Autobus Lion

��SM�� — Wed, 18 Dec 2024 18:52:24 +0000

In 2023, the Quebec electric vehicle maker Autobus Lion opened a $150 million truck manufacturing facility in Illinois, but its expansion into the United States has not gone according to plan. Much of its 900,000 square foot facility sits empty, and the company is sub-leasing the space. Now, the company is on the brink of bankruptcy and working with investors to determine if it can be salvaged.

Peer-to-peer lending platforms are a potential disruptor to a long-established industry

��SM�� — Wed, 02 Nov 2022 20:58:12 +0000

For small businesses – and aspiring businesspeople -- banks have been a financial gatekeeper. Without assets and a business credit profile, businesses are often out of luck. But peer-to-peer lending services are beginning to disrupt an industry that is very set in its ways. Fintech lending platforms like October assign businesses a credit score based on a company’s financial history, default probability, and projected profit margin. Then, they allow their users to participate in lending to the companies – and collecting interest.

Delve: How FinTech Lending to Small Businesses Opens the Door to Bank Loans, with Paul Beaumont

��SM�� — Fri, 30 Sep 2022 13:34:51 +0000

Bank loans are the typical first step for most small and medium-sized businesses, but another form of business lending has emerged: FinTech companies that use algorithms to determine whether a business is worth the risk.

A new act for Cirque du Soleil

��SM�� — Thu, 22 Jul 2021 18:02:58 +0000

At the end of 2020, a creditor consortium led by Catalyst Capital became the new owner of Cirque du Soleil only months after the famed circus producer made a failed bid for bankruptcy protection. While Catalyst Capital has been plagued by controversy in the past, according to a new investigative article from La Presse, it offered a way out for a company that has endured a catastrophic year.

Rogers purchases Shaw, erases competition

��SM�� — Thu, 18 Mar 2021 18:35:50 +0000

Following its $26 billion acquisition of Shaw, Rogers has been criticized for eliminating regional competition. If the sale is approved by the Trudeau government, the company would become the second-largest telecom provider in Canada.