Canadian venture-backed companies draw record funds in 2018

A report says that Toronto and Vancouver were the top markets in deal activity

Canadian venture-backed companies draw record funds in 2018Canadian venture-backed companies raised a record US$3.5 billion in 471 deals in 2018, according to the MoneyTree Canada report from PwC and CB Insights. The report said the year closed out strongly with a 79 per cent jump in funding to $983 million in the fourth quarter, up from $548 million in the previous quarter.…

Canadian economy edges down in November

Conventional oil and gas extraction was down 2.2% as both crude petroleum and natural gas activity decreased

Canadian economy edges down in NovemberReal gross domestic product in Canada edged down 0.1 per cent in November, partly offsetting an increase of 0.3 per cent in October, reported Statistics Canada on Thursday. “Decreases in wholesale trade, finance and insurance, manufacturing and construction more than offset gains in 13 of 20 industrial sectors. Goods-producing industries were down 0.3 per cent,…

Many Canadians regret retiring, try re-entering the workforce

CIBC poll says too many people approach retirement without a plan

Many Canadians regret retiring, try re-entering the workforceWhen is the right time to retire? As many Canadians get to the age where they’re contemplating their next steps in life, a new CIBC poll indicates 27 per cent of retired Canadians regret retiring and an almost equal number – 23 per cent – have tried re-entering the labour market. The poll, which was…

Consumer spending growth lowest in four years

This is a trend we expect to continue throughout 2019: Moneris Solutions Corp.

Consumer spending growth lowest in four yearsConsumer spending in Canada rose by three per cent year over year in the fourth quarter of 2018. That marked the lowest increase for the year and the lowest quarterly growth in four years, according to Moneris Solutions Corp., Canada's largest processor of debit and credit payments. Quebec and British Columbia saw above-average increases of…

Using video to build brands and make emotional connections

Paul Bzeta of Kicker Video talks about how marketing in the digital age is evolving

Using video to build brands and make emotional connectionsPaul Bzeta is CEO of Kicker Video. Paul spoke with Calgary's Business's Mario Toneguzzi Tell me what Kicker is and what it does? Bzeta: Kicker produces video content for B2B clients in Canada and the U.S. Videos that help our clients explain their products and services in a simple way in order to drive new leads,…

Alarm raised over Canadians’ levels of debt

MNP survey shows 46% of Canadians are $200 or less away from financial insolvency at month-end.

Alarm raised over Canadians’ levels of debtCanadians are more worried today about debt, interest rates and personal finances. And they should be. According to the latest MNP Consumer Debt Index conducted by Ipsos, 46 per cent of Canadians are $200 or less away from financial insolvency at month-end. That’s up from 40 per cent in September. And 31 per cent of…

Help! My boss is a hopeless nincompoop

Learning to adjust could be a career-enhancing experience. Incredible as it seems, your boss's ineptitude could be a blessing

Help! My boss is a hopeless nincompoopUnqualified candidates wind up managers every day. Imagine how qualified employees feel when passed up for plum promotions? In a perfect world, the best candidates quickly climb organizational ladders. But it's not a perfect world and unqualified candidates wind up with great jobs for all the wrong reasons. Heading the list are cronyism (never underestimate…

Why employees jump ship

Employees don't quit their companies; they quit their bosses

Why employees jump shipContrary to popular belief, low salary is usually not the primary reason for quitting a job. Statistics predict that most career-builders won't be working for the same company a decade from now. They're likely to have at least two more jobs. Even though frequent job changes often have a lot to do with variables beyond…

Lowe’s Canada on a hiring spree across Canada

Lowe’s Canada on a hiring spree across CanadaLowe’s Canada announced Wednesday it is looking to fill more than 6,350 full-time, part-time, and seasonal positions across the country this spring. These positions are in addition to some 150 positions currently being staffed in connection with the completion of the consolidation of Lowe's Canada's operations at the head office in Boucherville, in the Greater…

How to avoid being the competent jerk at work

A "competent jerk" runs the risk of losing out on opportunities and being ignored

How to avoid being the competent jerk at workHow easy are you to work with? It's worth asking and, even better, checking. To paraphrase Bobby McFerrin of "Don't Worry, Be Happy" (remember that tune?) fame: In every work day we have some trouble. When you're difficult to work with, you make it at least double for your colleagues. And if you're considered a…

Try Greek Salad with a Maple Twist

Greek Salad is one choice I might make when out for dinner or a quick lunch. But today, I thought, why not try to make it at home?

Try Greek Salad with a Maple TwistRomaine lettuce is one ingredient I love to use in many of my salads - in fact I truly enjoy a good Caesar as a side or main dish. However, with the E. coli outbreak linked to contaminated lettuce, my thoughts turn to another I enjoy - Greek Salad. This is one choice I might…

5 ways to ensure your customers pay on time, every time

It’s important to keep a steady hand on the finances to ensure there is always enough money available to pay your own bills

5 ways to ensure your customers pay on time, every timeWhen you examine common reasons that most businesses fail, issues with cash flow generally come up every time, for both new companies and the most well-established organizations. As a result, no matter the size of a venture, it’s important to keep a steady hand on the finances and ensure that there is always enough money…

Tips for terminating employees with dignity

Most managers, regardless of level, handle the uncomfortable task of terminating employees badly

Tips for terminating employees with dignityMost managers, regardless of level, handle the uncomfortable task of terminating employees badly. The biggest mistake managers make is terminating them in a harsh, unkind and insensitive way. The manner in which employees are fired often fuels lawsuits. Right or wrong, if employees feel that they are being unfairly treated, they perceive it as grounds…

The Canada option: is it still viable for Alberta?

Separation has become a real possibility thanks to the abuses and injustices imposed by Ottawa

The Canada option: is it still viable for Alberta?In the past couple of weeks, a retired senior oil executive, Gwyn Morgan, a former premier of Saskatchewan, Brad Wall, and a veteran journalist, Don Braid, all commented publicly on the current position of Alberta in Canada. They agreed on the nature of the problem, but stopped short of suggesting the obvious response. It’s not…

A mansion fit for a queen

You know you’re in grand company even before you pass through the wide iron gates: standing sentry are two members of the ceremonial guard

A mansion fit for a queenIt’s a mansion fit for a queen. It ought to be: Rideau Hall, after all, is where Her Majesty bunks down whenever she’s in town. And whether she’s here or not, her Canadian representative, the Governor General, works and lives on the premises. Fortunately, the villa is open to the public and. last summer, I…