For many years, participants within the technology sector have advocated extending the flow-through share program currently available to resource companies by looking into making it open to the innovation sector. Using the erosion of our manufacturing base and also the commodity and energy downturn, the situation for implementing flow-through shares to catalyze our underperforming innovation sector is becoming more compelling. ...
Read More »Bombardier Inc founder’s grandson Charles comes up with an invention a week — and he’s giving them away for free
Thomas Edison famously patented 1,093 inventions in his 84 years. Charles Bombardier, however, is attempting to invent new things each week – a pace that puts him on track to outdo Edison when he’s 60. Bombardier, 41, may be the grandson of Joseph-Armand Bombardier, creator from the snowmobile and founder of Bombardier Inc., so it isn’t surprising that the entrepreneurial ...
Read More »Two weeks in the life of a Titan Medical shareholder: It’s been quite the ride
For all equity investors recent years weeks happen to be a brutal experience: everybody is poorer compared to what they were at the beginning of the entire year. Investors in Titan Medical Inc., a company that’s focused “on the look and development of a robotic surgical system for application in minimally invasive surgery,” have observed exactly the same pattern. But ...
Read More »Quebec government faces lawsuits if it backs out of Anticosti Island oil exploration project
CALGARY / MONTREAL C If the Quebec government backs out of its contract to understand more about for gas and oil on Anticosti Island, its joint-venture partners say they will sue. Even although the provincial government owns a 35-per-cent interest in the partnership and has a contractual obligation to help fund the drilling of three wells this summer around the ...
Read More »ECB chief Mario Draghi says bank ‘will not hesitate to act’ in March if market turmoil continues
BRUSSELS/FRANKFURT — The ecu Central Bank is ready to ease policy in March when the recent financial market turmoil or even the long-term impact of low energy prices threatens to help keep inflation persistently low, its president Mario Draghi said on Monday. Having trouble dealing with all of this market turmoil? Feel free to embrace your inner ostrich All this ...
Read More »Canadian Energy Pipeline Association seeking grassroots support from first responders
MONTREAL – As politicians coast to coast engage in a war of words within the safety of TransCanada Corp.’s Energy East pipeline, Canada’s pipeline industry association is working to build confidence within an unlikely place: those who is going to be first in this area if anything goes wrong. Across the nation, the Canadian Energy Pipeline Association is holding meetings ...
Read More »‘It’s a mess:’ Oil crash creating graveyard of wells abandoned on Albertans’ land
Decades before Tony Bruder was ranching in southern Alberta, natural gas wells dotted the rolling landscape. ‘I’m done’: Alberta’s laid-off oil workers forced to abandon industry in worst downturn they’ve ever seen Alberta lost 19,600 jobs last year – the most since 1982 and many industry veterans are deciding they are able to no longer go ahead and take boom ...
Read More »Women on boards: Searchable database shows you how many women sit on boards of TSX-listed companies
With the confirmation of Maureen Jensen as the new chair and leader from the Ontario Securities Commission, companies and investors can expect the problem of women on boards to remain the main thing on the OSC’s agenda. Jensen was nominated recently to exchange former OSC chair Howard Wetston by Ontario Finance Minister Charles Sousa. At the time, Sousa singled out ...
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