Global Leaders

The Caisse's $300 Million REM Cost Overrun?

The Canadian Press reports, Montreal’s light rail system to cost $6.3B, expected to open by 2021:The project to build an electric light rail network connecting Montreal with its suburbs and international airport was officially launched Thursday, with the transit system expected to open by 2021.SN ...

Above-trend growth could cause U.S. inflation later in 2018

Employment growth has been strong enough that the Bank of Canada (BOC) hiked its overnight target rate to 1.25% in January.1 The BOC statement attempted to balance the view that growth was near capacity with concerns that raising rates too quickly could cause the economic expansion to stall. The 10 ...

Trudeau Puts An End to the Netflix and ISP Tax Debate: “Consumers…Pay Enough for Their Internet”

For the past two years, the prospect of creating a Netflix tax or Internet tax has been the digital policy issue that would not die in Canada. The Standing Committee on Canadian Heritage called for an Internet tax last June, the province of Quebec remains anxious to pay digital sales taxes (there i ...

PenderFund Capital’s Dave Barr shares three top picks for 2018

If you were to sum up the media portrayal of the average tech company’s journey, it’d go something like this: two geeks in a garage create the new “thing” that everyone’s gonna want on their phones or in their homes. They relocate to an office, start scaling up and get bought by Google in ...

Don’t Make the TPP Mistake Again: Why Canada Needs to Maintain a Progressive Approach on IP in NAFTA

The intellectual property chapter has not been a focal point of the NAFTA negotiations this week in Montreal, but the successful conclusion of the TPP11 (or CPTPP) serves as a reminder that it is likely to emerge as a contentious issue in the months ahead. The U.S. position on the NAFTA IP chapter ...

When Consultations Count: Why the TPP is a Reminder of the Value of Speaking Out

In June 2016, I appeared at one of the government’s public town hall meetings on the TPP.  Alongside then-International Trade Minister Chrystia Freeland (now Global Affairs minister), C.D. Howe’s Daniel Schwanen, and Unifor’s Jerry Dias, I had the chance to raise concerns with the TPP’s IP ...

Disruption abounds, but will it matter to the markets?

For the past year, I’ve been talking about disruption as a key theme for the markets and economy. During the past week – with the shutdown of the U.S. government, continued efforts to form a coalition in Germany, and an Olympic agreement coming out of the Korean peninsula – it’s become clea ...

Why Is Everyone So Afraid of Brand Storytelling?

Why do so many people laugh at the suggestion that storytelling matters in a digital age? When I read this sentence in a blog post by Erick Vermeulen, it was like someone had read my mind. It’s not just me who believes that entrepreneurs and marketers dismiss storytelling as a nice-to-have or no ...

Why Is Everyone So Afraid of Brand Storytelling?

Why do so many people laugh at the suggestion that storytelling matters in a digital age? When I read this sentence in a blog post by Erick Vermeulen, it was like someone had read my mind. It’s not just me who believes that entrepreneurs and marketers dismiss storytelling as a nice-to-have or no ...

Aphria acquisition of Broken Coast gets thumbs up at Canaccord Genuity

A proposed $230-million acquisition by Aphria (TSX:APH) has Canaccord Genuity analyst Matt Bottomley raising his price target on the company’s stock. This morning, Aphria announced it had entered into a binding letter agreement to acquire 100 per cent of the issued and outstanding share capital ...