Economy
Business
New listings lag as Fraser Valley real estate market sees third...
SURREY- With sales down almost seven per cent from October, and new listings off by more than 20 per cent, the Fraser Valley housing market continues its slowing trend heading into the holiday season. Despite the market slowdown, opportunities are available, as evidenced by brisk turnover time frames...
Pacific Ridge declares $5 million bought deal
VANCOUVER – Pacific Ridge Exploration Ltd. [PEX-TSXV, PEXZF-OTCQB] has announced details of a $5 million bought deal financing, with proceeds earmarked for exploration at the company’s flagship Kliyul copper-gold project, which is located in the Quesnel trough in northwest British Columbia. Part of the proceeds will also be used to fund exploration at the...
Canada finally releases its long-awaited Indo-Pacific Strategy
Several years in the making, Canada’s Indo-Pacific Strategy has finally been released. It’s a welcome fresh take on a time-worn tradition of trying to engage more substantially across the Pacific. In one of many previous attempts, the Asia-Pacific Foundation was created in 1985 in Vancouver to foster dialogue...
Shopify merchants set new Black Friday record with $7.5B in sales
OTTAWA – Shopify Inc (NYSE, TSX: SHOP), a provider of essential internet infrastructure for commerce, announced a record-setting Black Friday Cyber Monday weekend, with sales of $7.5 billion from independent businesses worldwide. That’s a 19% increase in sales from the $6.3 billion during Shopify’s Black Friday Cyber Monday weekend in 2021 (21% on a constant currency...
Investment
Shopify merchants set new Black Friday record with $7.5B in sales
OTTAWA – Shopify Inc (NYSE, TSX: SHOP), a provider of essential internet infrastructure for commerce, announced a record-setting Black Friday Cyber Monday weekend, with sales of $7.5 billion from independent businesses worldwide. That’s a 19% increase in sales from the $6.3 billion during Shopify’s Black Friday Cyber Monday weekend in 2021 (21% on a constant currency...
Largest funding round of Orfinex raises 100 Million
KINGSTOWN – Orfinex, a global provider of Forex Brokerage & Trading services, announces that it has closed its largest funding round to date bringing in $100 million in capital and $30 million in the past 18 months from seasoned Middle East investors. The valuation of the business has shot up in recent months because of...
CanAlaska, Metal Energy hit nickel in Manitoba
VANCOUVER – CanAlaska Uranium Ltd. [CVV-TSXV; CVVUF-OTCQX; DH7N-FSE] on Wednesday said drilling results have confirmed the presence of nickel-copper-cobalt mineralization on the Manbridge project in Manitoba. Manbridge is a joint venture held 30% by CanAlaska and 70% by operator Metal Energy Corp. [MERG-TSXV], a company that is funding the drill program...
ESG-driven philanthropy could reduce charitable giving, new essay warns
VANCOUVER – Corporate charitable giving driven by ESG could produce more harm than good when it comes to overall charitable donations, warns a new essay released today by the Fraser Institute, an independent, non-partisan Canadian public policy think-tank. “While charitable giving helps organizations that receive donations and improves the image of corporations...
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