Category: Canadian Business

David Olive: Is there a recovery in store for Canada’s oilpatch?

Expect the accelerated pace of M&A activity in the Calgary oilpatch to continue well into next year, as energy companies snap up peers priced at discounted valuations. Recent weeks have seen four agreed or proposed deals each worth more than $ 1 billion among Calgary-based buyers seeking to increase their industry footprints at a time…

NASDAQ dip may shorten tech IPO window

By Eric NewcomerBloomberg Fri., Oct. 12, 2018 The megawatt technology IPO always seems just over the horizon. If you’re hoping for some big, new publicly traded tech stocks next year, the latest market trouble should be profoundly worrying. Facebook Inc. went public six years ago and Alibaba Group Holding Ltd. four. Since then, things have…

Bank of Canada launches new program to foster collaboration with innovators

The Bank of Canada is looking for partners in the private sector and academia to experiment with digital tools and technology, such as artificial intelligence and machine learning. The Partnerships in Innovation and Technology (PIVOT) program is part of the Bank’s efforts to fast-track innovation in its economic analysis and research, as well as in…

Decrypting “Crypto”

Introduction Good afternoon. Some of you here today may have purchased bitcoins or one of the other cryptocurrencies or products that have launched in recent years. I’m not here to give you investment advice about them. Rather, I want to share with you our current thinking about these virtual products. Investors worldwide…