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How Patrick Dovigi Built Green for Life Into a Waste Empire

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How Patrick Dovigi Built Green for Life Into a Waste Empire EXECUTIVE MBAs: WHY TRUMP CALGARY’S PIPELINE INSIDE THE COLLAPSE A DEFINITIVE, SHOULDN’T GET CREDIT PROBLEM IS GREAT OF DOFASCO’S GLOBE-TROTTING GUIDE FOR THE U.S. ECONOMY NEWS FOR HOUSTON FOUNDING FAMILY HOW PATRICK DOVIGI BUILT GREEN FOR LIFE INTO A WASTE EMPIRE AND ONE OF THE MOST HOTLY ANTICIPATED NEW STOCKS EVER SEPTEMBER 2019 USA Germany Hong Kong Israel China Canada THE GLOBAL EMBA FOR THE EXECUTIVE CLASS Chicago With its global content, locations, faculty and students, the Kellogg-Schulich EMBA makes the world your classroom. With classes every third weekend, Canada’s top EMBA minimizes time away from work and maximizes in-class and study team learning. For info sessions and pre-application interviews for the January 2020 start date contact us at: 1.888.736.3810 (Toll Free) emba.schulich.yorku.ca Find out about the Report On Business EMBA Summit on September 24th: schulich.yorku.ca/embasummit Tricia Tanton (EMBA ’20) General Manager, WD-40 Company (Canada) Ltd. Canada’s Top-Ranked Business School NORTHWESTERN UNIVERSITY Kellogg-Schulich Executive MBA: #1 IN CANADA (Financial Times, The Economist, QS TopMBA) #6 IN THE WORLD (QS TopMBA) #8 IN THE WORLD (The Economist) School of Management Zander Sherman, the great-grandson of Dofasco's founder, tells the tale of his family's downturn DEPARTMENTS 2 Feedback 5 The Rant How come Donald Trump gets to shamelessly hog credit for a recovery engineered by Barack Obama? 9 The Exchange JP Gladu, the CEO of the Canadian Council for Aboriginal Business, has a game plan to plug Indigenous peoples directly into the 21st-century economy 12 Panorama ’Tis the season for advertisers to shoot snowy holiday scenes K ZA for Christmas in JC TA the summer heat RA 14 Trichur ANNE JO Fuelled by a pipeline construction boom, Houston is all fired FEATURES HERMAN) (S up. Calgary is not. EL; Canadian politicians 18 Trash talking 26 Forged by fire SS might want to think The Sherman family WE Although smelly, collecting about that founded Hamilton’s HLEA garbage can be highly Dofasco and built it AS profitable. And in just over a BY 15 McGugan into a steel-making Say goodbye to those decade, GFL Environmental’s powerhouse. Then GAZINE bungalows and lawns. Patrick Dovigi has become one gradually, tragically, MA To make housing and sometimes B of Canada’s highest-paid CEOs. RO affordable, big cities bizarrely, they lost R How can he top that? By taking FO need to do away with everything. Y single-family zoning theents company public. /By Jason Kirby /By Zander Sherman USIVEL CL 44 Last Word EX T Shopping-mall and The 2019 Executive Survival SHO media magnate Guide: International Edition APH Robert Fung on how Our comprehensive annual compilation of all GR to keep calm and you need to know about Canadian universities’ TO make your fortune nt EMBA and MBA programs, plus an etiquette PHO deliberately—even in primer on how to deftly apply everything VER speculative booms you’ve learned abroad. CO SEPTEMBER 2019 / REPORT ON BUSINESS 1 co September 2019, Volume 36, No2 Editorial Feedback Editor, Report on Business DEREK DECLOET Salad daze Assistant Editor DAWN CALLEJA Joe Castaldo’s profile of health-food chain Senior Editor JOHN DALY Copy Editor LISA FIELDING, MICHAEL Freshii asked how much responsibility BARCLAY the company’s brash CEO, Matthew Corrin, Research CATHERINE DOWLING, bears for its 80% stock decline ANNA-KAISA WALKER Art Art Director DOMENIC MACRI nothing has happened since then, Associate Art Director and nothing will likely happen Send us your thoughts at BRENNAN HIGGINBOTHAM now. —mayo615 robmagletters@ Director of Photography globeandmail.com, CLARE VANDER MEERSCH - This article explains a lot. The tweet us @ idea was great, the execution— - Who cares if Canada is gold, robmagca and Contributors not so much. It also highlights silver or bronze? This go-for-gold follow us on STEVE BREARTON, JOE CASTALDO, TREVOR Instagram @ COLE, SARAH EFRON, TIM KILADZE, JASON the fundamental problem with thing is so American. It’s about rob_magazine KIRBY, IAN MCGUGAN, JOANNA PACHNER, publicly traded companies: sustainable private-sector job JUDITH PEREIRA, RITA TRICHUR, LUIS MORA Once shareholders come first, creation, whether it be making Advertising customers come last. I won’t widgets or supercomputers. This Chief Revenue Officer, VP Advertising be spending any of my money fixation with being No. 1 is just ANDREW SAUNDERS Managing Director, Creative Studios feeding this guy’s outsize ego. ego. —partway and Ad Innovation —Anne Johnson TRACY DAY Senior Manager, Special Products - This reads a lot like Elon Musk ANDREA D’ANDRADE Product Manager and Tesla. —M. Kalus RYAN HYSTEAD Production - The problem is a classic case of Managing Director, Print Production a business now needing to move Shopify is a true SALLY PIRRI to professional management Production Co-ordinator and being unable to do it due to Canadian success story. But ISABELLE CABRAL the original owners not having hope it doesn’t go the way of Publisher PHILLIP CRAWLEY the skill sets. Not at all hard to Editor-in-Chief, The Globe and Mail fix with the right people, as the others—Nortel, Blackberry, DAVID WALMSLEY underlying business is great. Managing Director, Business Bombardier. and Financial Products Biggest problem: Will the CEO —YRon GARTH THOMAS with the ego allow it? If not, then watch as a great business gets Report on Business magazine is published screwed up. —Ronster G 10 times a year by The Globe and Mail Inc., 351 King Street E., Toronto M5A 0N1. Telephone 416-585-5000. Slack nation Letters to the Editor: [email protected]. Shopify CEO Tobias Lutke said The trouble with tourists The next issue will be on Sept. 27. Copyright 2019, Canadian companies lack global Brian Milner makes the case for The Globe and Mail. ambitions. shunning mass tourism. Indexed in the Canadian Periodical Index. Advertising Offices Head Office, The Globe and Mail, - Tobi has hit a vulnerable nerve - My wife and I were two of these 351 King Street E., Toronto M5A 0N1 with his painfully accurate hordes of tourists who descended Telephone 416-585-5111 or toll-free comment that Canada has a on Croatia, Greece, Switzerland 1-866-999-9237 Branch Offices “go-for-bronze” mentality. and London in April and early Montreal 514-982-3050 He is not the first to point out May this year. We were astounded Vancouver 604-685-0308 the emperor’s lack of clothing at the number of tourists so early Calgary 403-245-4987 Email: [email protected] with regards to innovation, in the season. I concluded that United States and countries outside of UL entrepreneurship and exits. He tourists are ruining tourism. North America: AJR Media Group, 212-426-5932, PA + joins Richard Florida and others —People Republic of Vancouver [email protected] in making similar observations. Publications mail registration No. 7418. In a great irony, Tobi’s remark - Don’t forget, there are lots of The publisher accepts no responsibility for SHALAN unsolicited manuscripts, transparencies or other that we need an “Own the places in Canada that are not material. Printed in Canada by Transcontinental UTKE) Podium” program for Canadian bucket-list destinations, and Printing Inc. Prepress by DMDigital+1. (L Report on Business magazine is electronically available innovation was first proposed by staying in the country lessens APH through subscription to Factiva.com from Factiva, former UBC president Arvind your carbon footprint. GR at factiva.com/factiva or 416-306-2003. TO Gupta years ago. Predictably, —Ambrose99 tgam.ca/r PHO 2 SEPTEMBER 2019 / REPORT ON BUSINESS When you reach the right customers, you get better results. Direct mail offers a powerful mix of address intelligence and influence to deliver success for marketers. Starting with unique insights found in the postal code, you can target customers by demographics, lifestyles, behaviours and interests. Then connect with your audience at home, where your message can be read, kept and shared to inspire action. Welcome to Better Results canadapost.ca/betterresults TM Trademark of Canada Post Corporation. MAY 25 - JUNE 3, 2020 JUNE 20 - JUNE 30, 2020 Two Brand New Globe and Mail Cruises Setting Sail in 2020 Witness France from an entirely new perspective as a guest on board one of our intimate, private river cruises through either Bordeaux or the South of France. Whichever cruise you choose, your favourite Globe journalists will be journeying alongside, sharing their insights on the day’s pressing stories and informing various excursions that celebrate France’s history, culture, cuisine, and wine. Experience adventures only The Globe and Mail can offer. For more cruise details and to book your cabin call Scenic at 1-855-863-8683 or visit GLOBEANDMAILCRUISES.COM month is th The Rant Dumb luck Politicians act as if they have a set of levers to steer the economy as they see fit. But in reality, government policies—good or bad—have a lot less impact on the economy than we think In American politics, the idea that the president helms the economy runs you very much, even if little else deep. Think of how closely the 1980s boom is associated with Ronald in the country has. Stock prices Reagan or, conversely, how stagflation and high unemployment sank are near all-time highs, unemploy- W Jimmy Carter’s legacy. So, on election night back in November 2016 ment is at record lows, and the U.S. CHO (that would be a decade ago in Trump presidential years), it was widely has enjoyed its longest stretch of ERIC expected that once Donald Trump got his hands on the wheel, his cha- uninterrupted growth ever.
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