Sidewalk wants cut of property taxes and development fees for Quayside project

TORONTO – The Alphabet Inc.-backed entity behind plans to build a high tech community in Toronto is proposing it receive a cut of developer fees and incremental property taxes associated with the project. Sidewalk Labs has released documents showing that in return for developing the Quayside community, it intends to push for access to money More...

by SLPundit | Published 1 day ago
By SLPundit On Friday, February 15th, 2019
0 Comments

Foreign exchange drags Air Canada to Q4 loss, but operating revenue up

MONTREAL – Air Canada says that negative changes to foreign exchange rates drove it to a $ 231-million net loss in the fourth quarter, but it would have otherwise turned a profit during the three-month More...

By SLPundit On Friday, February 15th, 2019
0 Comments

Canopy Growth Q3 revenue soars but so does its loss from operations

SMITHS FALLS, Ont. – Canopy Growth Corp. says it generated $ 97.7 million of revenue in the three months ended Dec. 31, including its first sales of non-medical cannabis products, up from $ 21.7 million More...

By SLPundit On Thursday, February 14th, 2019
0 Comments

Amazon and Google are harvesting data in your home by demanding smart-home gadget makers to share it

As Amazon.com and Google work to place their smart speakers at the centre of the internet-connected home, both technology giants are expanding the amount of data they gather about customers who use their voice More...

By SLPundit On Thursday, February 14th, 2019
0 Comments

Opposition, B.C. New Democrat both ask conflict commissioner for ruling

VICTORIA – B.C.’s Opposition Liberals and the New Democrat member of the legislature facing an allegation of conflict of interest have both asked the province’s conflict commissioner to intervene More...

By SLPundit On Thursday, February 14th, 2019
0 Comments

Ontario government promises ‘action’ if Hydro One doesn’t cut proposed CEO pay

TORONTO – Ontario’s energy minister says the government will take “any and all action necessary” if Hydro One doesn’t drastically cut its proposed CEO compensation, but the semi-private More...

By SLPundit On Thursday, February 14th, 2019
0 Comments

Slim pickings

MEXICO CITY’S “historic” centre has been transformed from the romantic wreck it was in the late 1990s, when Schumpeter got married there. Some of its denizens are the same—out-of-tune organ More...

By SLPundit On Thursday, February 14th, 2019
0 Comments

China’s latest gold rush has transformed a fifth-tier city

FOR DECADES after the rise of Mao Zedong, Chinese were banned from purchasing gold. The central bank, its only buyer, allocated it to a few state-owned jewellers. Only in the early 2000s was the ban lifted, when More...

By SLPundit On Thursday, February 14th, 2019
0 Comments

SNC-Lavalin’s demise would not be the calamity its defenders claim

Every once in a while, the Gods of algorithm and layout betray a wicked sense of humour. One such moment happened upon the mobile front page of National Newswatch—a Canadian politics aggregator—about More...

By SLPundit On Thursday, February 14th, 2019
0 Comments

The painful (and costly) lessons I learned from a cryptocurrency scandal

Was I catching a falling knife? I wasn’t sure when I made my first cryptocurrency purchases exactly 12 months ago. I did lose some sleep pondering the question. Sure, digital currencies had become ridiculously More...