Shopify Inc.’s stock plummeted to the lowest level in nearly two years Wednesday after the e-commerce giant warned that its revenue growth will slow this year as the globe eases up on restrictions meant to quell the COVID-19 pandemic. The Ottawa-based company’s stock fell to a low of $914 as it announced it expects revenue growth for …
Shopify stock sinks on revenue warning amid easing COVID restrictions Read More »
Meanwhile, the CDC in the U.S. said Wednesday that the country is moving closer to the point that COVID-19 is no longer a “constant crisis.” The latest coronavirus news from Canada and around the world Thursday. This file will be updated throughout the day. Web links to longer stories if available. 1 p.m. European Union leaders on Thursday …
Cost of everything going up fast but energy, food and transportation more than most Pete Evans · CBC News Canada’s inflation rate hit 5.1 per cent in January, its highest level since 1991. Statistics Canada reported Wednesday that if volatile items, like food and energy, are stripped out of the numbers, the cost of living went up …
Canada’s inflation rate rises to 5.1% — highest since 1991 Read More »
NEW YORK, Feb 17 (Reuters) – Goldman Sachs (GS.N) on Thursday upgraded its key profitability target and set new goals for its asset management, transaction banking and consumer businesses as it laid out its strategy for the next three years. Wall Street’s premier investment bank is reshaping itself after a turbulent decade during which profit at its …
Goldman Sachs lifts key profit target in strategy update Read More »
Anna Golubova Gold prices soared to eight-month highs as investors fled to the safe-haven metal on economic growth concerns and rising Russia-Ukraine tensions. Analysts see more upside for gold, pointing to $1,903-$1,923 as the critical resistance range. “There is a lot of different angles to look at gold right now – from the macro, geopolitical, …
Gold price hits $1,900 on mounting Russia-Ukraine tensions and recession fears Read More »
The Government of Québec has committed $6.5 million to the program. Startup Montréal has teamed up with Silicon Valley’s Apexe Global to launch Hypergrowth Québec (Hypercroissance Québec), a new mentorship and global commercialization program for late-stage Québec startups. The Government of Québec has committed $6.5 million CAD towards the program over the next two years. Through the provincially-backed …
FOLLOWING RECENT MERGER, STARTUP MONTRÉAL ANNOUNCES PROGRAM TO SPUR LATE-STAGE GROWTH Read More »
Anna Golubova Monday February 14, 2022 With risk asset returns already under a lot of uncertainty, Morgan Stanley is warning that a potential war in Ukraine could tip some economies into a recession and present a ‘polar vortex’ risk to stocks. A potential Russian military action in Ukraine “materially increases the odds of a polar …
Act grants cabinet ability to take ‘special temporary measures that may not be appropriate in normal times’ Prime Minister Justin Trudeau has told his caucus he will invoke the never-before-used Emergencies Act to give the federal government extra powers to handle anti-vaccine mandate protests across the country, sources say. Those sources, who were not authorized …
Trudeau plans to invoke Emergencies Act in response to protests: sources Read More »
All capacity limits in restaurants, bars, cinemas and gyms will be lifted on Thursday The Ontario government will remove its proof of vaccination system on March 1, and is moving up the second phase of its COVID-19 reopening plan to Thursday. The province said in a news release on Monday that, despite removing the vaccine passport system, businesses and other …
Team discovered more than 130,000 RNA-based viruses, including 9 coronaviruses Tracking pathogens that could spark future pandemics is no easy feat, but thanks to the help of a supercomputer, a Canadian researcher is among a team of scientists who’ve uncovered thousands of viruses that might one day pose a threat to humans. Dubbed the Serratus Project, …
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