Category: Canada

Canada, Economy, US

In response to today’s news, when United States imposed 25% tariffs on Canadian goods, CCI President Benjamin Bergen issued the following statement:

Colin Henderson

Council of Canadian Innovators In response to today’s news, CCI President Benjamin Bergen issued the following statement: “The latest tariffs imposed by the U.S. government are another stark reminder that Canada cannot take access to the American market for granted. Now is a moment for us to prove what we’re capable of; we can build a better and more resilient economy starting today. While we fully support the federal government’s decision to respond with countermeasures, retaliation alone is not a strategy. Canada needs a long-term plan that strengthens our domestic economy, reduces our dependence on unpredictable trading partners, and ensures Canadian firms have … Continue reading In response to today’s news, when United States imposed 25% tariffs on Canadian goods, CCI President Benjamin Bergen issued the following statement:

Canada, US

Trump may leverage intel sharing against Canada, former intelligence adviser warns

Colin Henderson

‘It’s a serious threat and we have to think about it,’ Vincent Rigby told an international affairs conference The Canadian Press Kyle Duggan Published Feb 12, 2025  •  2 minute read OTTAWA — A former top intelligence adviser to Prime Minister Justin Trudeau says he fears the U.S. might put intelligence sharing on the table in talks about the state of Canada’s defence spending. Vincent Rigby said he worries about intelligence being used as a negotiating tool as the Donald Trump White house seeks to extract gains from Canada. “We hear so much about defense spending and two per cent, and what … Continue reading Trump may leverage intel sharing against Canada, former intelligence adviser warns

Canada

NP View: A roadmap for Canadian prosperity

Colin Henderson

This country can be very wealthy if Ottawa gets out of the way Published Feb 08, 2025  •  Last updated 1 hour ago  •  4 minute read Parliament needs to be recalled immediately because, even though U.S. President Donald Trump’s across-the-board 25 per cent tariffs have been put on pause, the threat remains. Instead, Prime Minister Justin Trudeau hosted a “summit” with business and labour leaders in Toronto on Friday morning. While Trudeau gave a speech at the summit, the most significant thing he said came after he shooed reporters out of the room so he could speak privately with investors. When he thought the … Continue reading NP View: A roadmap for Canadian prosperity

Canada, Economy

‘Breakdown Nation’: Ruchir Sharma on what went wrong with Canada and how to fix it

Colin Henderson

Veteran global investor on American exceptionalism, the future of globalization and how Canada became a breakdown nation Published Jan 30, 2025  •  Last updated 3 days ago  •  12 minute read As a veteran global investor, Ruchir Sharma has built a career out of identifying the next winners in emerging markets. But even superstar economies can crumble into “breakdown nations” — a label Sharma recently bestowed on Canada. Sharma is chairman of the investment firm Rockefeller International, founder and chief investment officer of Breakout Capital, a contributing editor to the Financial Times and the author of several books, including “What Went Wrong with Capitalism.” In this Q&A … Continue reading ‘Breakdown Nation’: Ruchir Sharma on what went wrong with Canada and how to fix it

Canada, Economy

Financial planning in Canada is a mess

Colin Henderson

This from the Financial Post confirms planning is not co-ordinated at all and hardly considers black swan events. Financial Post FP Posthaste Nov 01, 2024 The third quarter has been a real thorn in the side of the Bank of Canada when it comes to trying to pin down gross domestic product, and the latest data is only causing policymakers more grief. In the central bank’s October Monetary Policy Report (MPR), it forecasted third-quarter GDP of 1.5 per cent, a big drop from its 2.8 per cent estimate in July. After the GDP data release on Thursday, the central bank’s … Continue reading Financial planning in Canada is a mess

Canada

AcceleratorFest – UofT

Colin Henderson

AcceleratorFest University of Toronto Entrepreneurship Wednesday, September 18 12:00 PM – 6:00 PM Schwartz Reisman Innovation Campus 108 College Street, 2nd Floor Registration Welcome! To join the event, please register below.  About Event ​Just in time for back-to-school season, join the U of T Entrepreneurship (UTE) Community for the inaugural AcceleratorFest and discover the extensive resources, spaces and programs available to all U of T entrepreneurs across the tri-campus.  ​Meet representatives from 12+ campus accelerators and their startups and hear from founders who are building businesses that are making a major impact.   ​Tour ONRamp, U of T Entrepreneurship’s co-working and … Continue reading AcceleratorFest – UofT

Canada

Bloomberg Canadian Finance Conference

Colin Henderson

This is a good event focussed on Canada and with the resources of Bloomberg managing. The level of professional management always shows through for their events. It is “Proudly Sponsored By National Bank of Canada Financial Markets” DETAILS: Bloomberg Canadian Finance Conference Oct 16th, 2024 Last year, we were pleased to have you join the virtual edition of Bloomberg’s Canadian Finance Conference, Proudly Sponsored By National Bank of Canada Financial Markets. We’re delighted to inform you that Bloomberg’s Canadian Finance Conference will be returning on October 16. Register for a complimentary pass to watch the live broadcast. During this virtual … Continue reading Bloomberg Canadian Finance Conference

AI, Canada

The $22 Billion Plan to Turn a Defunct Airport Into a Small City

Colin Henderson

Canadian developer aims to preserve airport’s features, including hangars and a runway, to draw residents and businesses to the neighborhood By Anne Kadet Aug. 13, 2024 at 5:30 am ET A planned community for about 55,000 residents in Toronto will include the usual playgrounds, bike paths and shops. It will also feature 11 airplane hangars and more than a mile of airport runway. Airports have been repurposed as communities and parks before, but developers typically raze the original infrastructure and start from scratch. In this case, Northcrest Developments is betting that by preserving the airport’s main features it can enhance the … Continue reading The $22 Billion Plan to Turn a Defunct Airport Into a Small City

Canada

Scotiabank announces agreement to acquire 14.9% equity interest in KeyCorp

Colin Henderson

TORONTO, Aug. 12, 2024 /CNW/ – Scotiabank announced today that it has entered into an agreement to acquire an approximate 14.9% pro-forma ownership stake in KeyCorp through an issuance of common shares at a price of $17.17 per share, representing an 11% premium to the volume weighted average price for the last 20 trading days. The total cash consideration is approximately US$2.8 billion (the “Investment”). KeyCorp is a premier U.S. based financial services company operating across 15 states, with US$187 billion in assets and approximately 1,000 branches offering commercial and retail banking and investment advice and services. The Investment will be completed in two stages—an initial investment of … Continue reading Scotiabank announces agreement to acquire 14.9% equity interest in KeyCorp