News of the day: Crumbling aluminum sector, Chinese EVs coming to Canada, housing construction slowdown, quantum unicorn, executive career trap and more

1 hour ago 4
Dajcor Aluminum Ltd.'s Chatham, Ont., plant.Dajcor Aluminum Ltd.'s Chatham, Ont., plant. Photo by Handout/Dajcor Aluminum Ltd.

Article content

It’s Thursday, July 16. Here are the top stories we’re following today.

Financial Post

THIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLY

Subscribe now to read the latest news in your city and across Canada.

  • Exclusive articles from Barbara Shecter, Joe O'Connor, Gabriel Friedman, and others.
  • Daily content from Financial Times, the world's leading global business publication.
  • Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.
  • National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.
  • Daily puzzles, including the New York Times Crossword.

SUBSCRIBE TO UNLOCK MORE ARTICLES

Subscribe now to read the latest news in your city and across Canada.

  • Exclusive articles from Barbara Shecter, Joe O'Connor, Gabriel Friedman and others.
  • Daily content from Financial Times, the world's leading global business publication.
  • Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.
  • National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.
  • Daily puzzles, including the New York Times Crossword.

REGISTER / SIGN IN TO UNLOCK MORE ARTICLES

Create an account or sign in to continue with your reading experience.

  • Access articles from across Canada with one account.
  • Share your thoughts and join the conversation in the comments.
  • Enjoy additional articles per month.
  • Get email updates from your favourite authors.

THIS ARTICLE IS FREE TO READ REGISTER TO UNLOCK.

Create an account or sign in to continue with your reading experience.

  • Access articles from across Canada with one account
  • Share your thoughts and join the conversation in the comments
  • Enjoy additional articles per month
  • Get email updates from your favourite authors

Sign In or Create an Account

or

Article content

Article content

Article content

Aluminum is the best-performing base metal this year, but extruders that process it say their businesses are dying amid surging prices, U.S. tariffs and dumping from overseas.

Article content

Article content

Article content

BYD and MG cars, from Chinese automakers, are seen at Lianyungang Port in Jiangsu province, eastern China, ready to be loaded onto ships for export this month. BYD and MG cars, from Chinese automakers, are seen at Lianyungang Port in Jiangsu province, eastern China, ready to be loaded onto ships for export this month. Photo by -STR / CN-STR / AFP via Getty Images

Article content

Article content

Article content

Chinese electric vehicles are starting to arrive in Canada, and thousands more are set to enter the country this year as part of a new strategic partnership between the two countries. Here’s what Canadians can expect, what brands could land here, how much they could cost and whether drivers could be turned away from the U.S. border.

Article content

Article content

By signing up you consent to receive the above newsletter from Postmedia Network Inc.

Article content

Article content

Article content

New home construction in Milton, Ont. on July 9. New home construction in Milton, Ont. on July 9. Photo by Peter Power/Postmedia files

Article content

Article content

Housing construction in Canada continued to thin in June — further evidence that homebuilders are pulling back amid weak demand, rising costs and a surplus of unsold homes.

Article content

Article content

Article content

Stephanie Simmons, founder and chief quantum officer. Founder Stephanie Simmons said government agencies are showing a growing interest and appetite in Photonic Inc.’s quantum computing technology. Photo by Handout/Photonic

Article content

Article content

Article content

Coquitlam, B.C.-based quantum computing startup Photonic Inc. has convinced some of Canada’s biggest institutional investors to fork over their cash, but it still needs to prove it can scale its technology in a way that’s useful for businesses and convince companies and governments to pay for its services.

Article content

Article content

Article content

For chief executives and other senior leaders, the relationship between effort and outcome becomes increasingly tenuous, writes Howard Levitt. For chief executives and other senior leaders, the relationship between effort and outcome becomes increasingly tenuous. Photo by Tom Merton/Getty Images

Article content

Article content

As executives ascend the corporate ladder, they gradually lose control over the factors that determine their future, writes Howard Levitt.

Article content

Article content

Read Entire Article