Targeted tax break for green initiatives in oil patch could help lure back foreign investment: CIBC CEO
General News

Targeted tax break for green initiatives in oil patch could help lure back foreign investment: CIBC CEO

The federal government should provide new environmentally-focused tax breaks as a way of helping the country’s embattled energy industry get out of its current rut, the chief executive officer of Canadian Imperial Bank of Commerce suggested Friday.Canada should implement a “tailored” tax credit to encourage investment in carbon capture and sequestration equipment, similar to one…

To stave off recession, the Bank of Canada and Parliament might have to work together
General News

To stave off recession, the Bank of Canada and Parliament might have to work together

Bank of Canada Governor Stephen Poloz’s decision this week to talk about fiscal policy deserves some more attention.Central bankers tend to avoid the political realm. But cross-border incursions are becoming necessary because the political discourse around fiscal policy is stuck in the early 1990s, a very different time from the post-crisis era we are in…

‘This is not the fix you are looking for’: Why Encana’s proposed move is being widely criticized
General News

‘This is not the fix you are looking for’: Why Encana’s proposed move is being widely criticized

CALGARY – Encana Corp.’s name change and relocation isn’t likely to radically improve its performance on its own, even if it does attract more passive U.S. investment funds, financial analysts and fund managers say.Encana president and CEO Doug Suttles said on an earnings call Thursday that plans to move the iconic company’s headquarters from Calgary…

China’s growing digital influence in Africa
Headlines

China’s growing digital influence in Africa

There’s been a heap of China in Africa coverage over the last decade, but very little of it is focused on tech. In part, because the country’s engagement with African startups is light compared to its deal-making on infrastructure and commodities. Now, that all looks to be shifting. TechCrunch has tracked moves by a number…

Neuvana’s stress-reducing earbuds are available to pre-order for $399
Headlines

Neuvana’s stress-reducing earbuds are available to pre-order for $399

Neuvana’s calming earbuds are nearly here after a long, long development process, although you may be in for a few surprises. The company has started taking pre-orders for its nerve-stimulating Xen buds at a $399 price ahead of their winter release. That’s significantly higher than the $299 mentioned when we first saw Neuvana’s tech in…