Home Archive for category "Economy"

90 days into its new Federal mandate, Northleaf goes off script

News report: Canada’s new “Venture Catalyst Fund” invests in $46M Wattpad deal I’m so utterly confused. For years, Canadian entrepreneurs and VCs begged Ottawa to get involved in arresting the multi-year decline in our innovation ecosystem. When I did my five year stint as a Director of the Canada’s Venture Capital Association (CVCA), responsible for

 
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Bank commercial loan growth barely keeping up with inflation over the past 5 years

There are times when a local newspaper beats me to a story in a space that we’ve focused on here over the years, and today is one of those days. According to some of our bank CEOs, business loan growth is going to be tough in 2014. It has been many months since I checked

 
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Hudak wise to ditch “Right To Work” platform plank

In politics, there are good idea and bad ideas. And sometimes there are good ideas that are poorly timed, as then-PC Leader John Tory found a few years ago when he wanted to run on a platform that would have the taxpayers fund “Faith-based” schools. Whomever it was who convinced Tim Hudak that taking on

 
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BDC takes off the competitive gloves with cheap loan rates

For years, you’ve heard me complain about unfair competitive practices from the taxpayer’s very own Business Development Bank of Canada (see representative prior post “‘Bruce’ the mindless eating machine” May 31-08).  BDC CEO Jean-Rene Halde was always advised his board and Parliamentarians that the private sector’s complaints of predatory loan pricing were unfair, and that no

 
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Economic reality should quickly silence Carney critics

Timing can sometimes be everything in life, and there is little doubt that Bank of England Governor Mark Carney had the benefit of a modest economic tailwind in the United Kingdom when he took up his new post early last summer. The honeymoon went great, as they usually do, and the British press quickly discovered

 
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