Financing
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Who owns your patent?
In the realm of generating wealth from ideas, RIM (Blackberry) remains a Canadian unicorn. What will it take to get manufacturers to raise their IP savvy?
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European Central Bank chief sees slowdown bottoming out
Recent economic indicators are “weak overall” but “point to some stabilizing in the slowdown of of economic growth,” says Christine Lagarde
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Saudi Aramco inches near US$2T in day 2 of trading
The oil and gas company sits ahead of the world’s largest companies, including Apple, the second largest company valued at US$1.19 trillion
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Canadians spent $908M at cannabis stores since legalization, StatCan says
Access to cannabis stores increased over the year as the number of retail stores jumped to 407 in July from 217 in March
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Canadian dollar hits five week high after Fed says it sees no rate changes in 2020
A weakened U.S. dollar is beneficial for Canada and commodities
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Chevron looking to sell its 50% stake in its Kitimat LNG project
The decision is part of the company’s global effort focused on improving returns and driving value
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Trudeau’s minority Liberal government survives first confidence vote
The Liberals must garner support of at least one of the Conservative, Bloc and New Democrat parties in order to pass legislation and survive tests of confidence
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Transportation regulator determines WestJet would remain Canadian after Onex deal
Onex can remain Canadian if it amends its bylaws to ensure matters voted on by the board of directors are done with a majority of Canadian directors being present
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Canada Royal Milk manufacturing plant on target to start operations in 2020
The $208.8 million project, constructed by Graham Group Ltd., is Canada’s first and only wet infant formula facility
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Regulator tells Canada’s biggest banks to hike domestic stability buffer
The increase is necessary because key risks to the banking system remain elevated and in some cases are showing signs of increasing
