Canada Mortgage Billionaire Buys Stake in The Economist Magazine
Corroborated by 4 sources from 4 publishers
TL;DR
Reports differ across sources; according to finance.yahoo.com, (Bloomberg) -- Canadian mortgage billionaire Stephen Smith has agreed to buy a minority stake in The Economist Group, marking the first ownership shake-up in the storied British current affairs magazine in a decade.
Sources
1
Bloomberg Industries
https://www.bloomberg.com/news/articles/2026-03-17/canadian-billionaire-smith-buys-26-9-of-the-economist-magazine
2
Yahoo Finance News
https://finance.yahoo.com/news/canadian-billionaire-smith-buys-26-041804634.html
3
Financial Times Companies
https://www.ft.com/content/60b5248b-9281-4a37-8554-ae07b32aea5b
4
Financial Times
https://www.ft.com/content/60b5248b-9281-4a37-8554-ae07b32aea5b
5
Dow Jones U.S. Business
https://www.wsj.com/business/media/canadian-financier-to-buy-stake-in-economist-magazine-ea2c363a?mod=pls_whats_news_us_business_f
6
Yahoo Finance News
https://www.wsj.com/business/media/canadian-financier-to-buy-stake-in-economist-magazine-ea2c363a?siteid=yhoof2&yptr=yahoo