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Good morning. In today’s newsletter, we’re tracking the showdown between Ottawa and the U.S. owner of Stelco, which recently announced hundreds of layoffs despite commitments made as part of its takeover of the Canadian steelmaker. Up first In the news Takeovers: Weston family to buy British retailer Boots for US$8.9-billion with Fairfax backing. Travel: Vancouver airport privatization may be the first to take flight. Retail: Lululemon overhauls leadership team with two new roles. In focus Promises, promises A lot of assumptions have been challenged over the last couple of years, including the very premise of a promise. The high-stakes showdown…
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