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Uber Investing $150 million in New Toronto Engineering Hub

Posted on 18 October 2018

Uber CEO Dara Khosrowshahi has announced that the company would be investing over $200 million CAD in Toronto over the next five years as the company is committed to building its tech presence in Canada, as they make efforts at rebranding themselves after recent setbacks.“Toronto is a place where we as a company innovate, and innovation is really what Uber is all about.” The company ...

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Unlocking potential for brokers in Canada’s burgeoning cannabis industry

Posted on 16 October 2018

Brand new risks always come with opportunities for insurance brokers. With that in mind, Canadian brokers should be jumping for joy at the potential for new business once recreational-use cannabis is legalized on October 17. But the new always comes with the unknown. What claims lie around the corner? What policy limits will be adequate? Is this carrier offering me the best policy? Of cou ...

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'It'll change back': Trump says climate change not a hoax, but denies lasting impact

Posted on 15 October 2018

Donald Trump has reiterated his doubts about climate change, suggesting that the climate could “change back again,” and that climate scientists are politically motivated. The US president has long questioned man-made global warming. In an interview with CBS programme 60 Minutes that aired Sunday night, he said that he no longer believes climate change is a hoax, as he tweeted in 2012. ...

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Canada’s First Bitcoin Fund Now Available on NEO Connect

Posted on 09 October 2018

Investors in Canadian Cryptocurrency and Blockchain Investment Company, First Block Capital Inc (FBC) can now place their funds in self-directed registered accounts such as a Tax-Free Savings Account (TFSA) or Registered Retirement Savings Plan (RRSP). This development was announced recently by Neo Connect, the fund distribution platform, who stated that it had been granted mutual fund status ...

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Ford Government Introduces Legislation to Slash Green Energy Act

Posted on 03 October 2018

The Ford-led Ontario government has moved to fulfill one of the election campaign promises made during the spring elections, by introducing legislation to repeal the Green Energy Act, claiming it tramples municipal rights. The Act was targeted to boost the province’s renewable energy industry. Thegovernment is taking the stand that any renewable energy projects to be embarked on in the fut ...

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These Fake Islands Could Spell Real Economic Trouble

Posted on 13 September 2018

Glamorous property projects and financial crises tend to go hand-in-hand. And where else have we seen glittering properties like Melaka Gateway or Forest City before?  Where have we seen stretches of newly packed white sand, dotted with villas, palm trees, high-end retail malls, marinas, and office towers? Is it Dubai’s WorldorPalm Jebel Ali developments? A decade later, both ...

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Amazon Sets Its Sights on the $88 Billion Online Ad Market

Posted on 13 September 2018

Although Verizon doesn’t sell its wireless plan, mobile phones, or offer Fios, its high-speed internet service on Amazon, it does advertise on the platform, says a report on the New York Times. A Verizon ad for the Google Pixel 2 – buy one get the second half off – could be seen blazing across Amazon’s home page during last year’s Black Friday. Also, on the 16th of July, a day ...

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Toronto Mayoral Candidate Jennifer Keesmaat Lays Out a Transit Plan

Posted on 13 September 2018

With the Toronto municipal election a mere two months away, mayoral candidate Jennifer Keesmaat, took to the airways to announce a transit plan that includes making the King Street Pilot permanent and building the Relief Line three years earlier. The announcement for Keesmaat’s Network Transit Plan came on Thursday the 30th of August, 2018. The plan is bold, ambitious, and highlight ...

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Meet Toronto’s Reverse Commuters

Posted on 13 September 2018

Toronto resident Haicheng Mao dreads the days when the Jays are playing. Although it sounds like he’s not a supporter of the team, the reality is he just knows that weekday game night means he’ll be stuck in traffic driving back home from work. Haicheng Mao is part of a growing community of “reverse commuters” in Toronto. Mr. Mao makes the drive from City Place to Burlington 4 ti ...

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Canada May not Return to NAFTA Talks Soon

Posted on 14 August 2018

Mexico’s top trade negotiator has reported that it could be a while before Canada is invited back to the NAFTA bargaining table. According to the report on,Nationalpost.com,a source familiar with the negotiations said that Canada will definitely not take part when the talks resume next Wednesday. A close observer to the process notes that as Canada delays on the sidelines, discussi ...