Category : Search result: tech company spending


CPP Investments buys stake in lubricants firm Castrol

Canada's CPP Investments has acquired a minority stake in global lubricants company Castrol. This strategic move diversifies the pension fund's holdings in the industrial sector. Read more on the details.

BlackBerry reports Q3 profit of US$13.7 million

Canadian tech firm BlackBerry swung to a Q3 profit of US$13.7 million, a significant turnaround from last year's loss. Discover the details behind the company's financial rebound.

SpaceX IPO Buzz Drives $470M to Obscure ETF

Investors are pouring millions into the ERShares Private-Public Crossover ETF (XOVR) for rare SpaceX exposure ahead of a potential record 2026 IPO. Discover the risks and rewards.

Kraft Heinz CEO Replaced Ahead of 2026 Company Split

Kraft Heinz names former Kellanova CEO Steve Cahillane as its new leader, replacing Carlos Abrams-Rivera effective January 1. The move comes as the food giant prepares to split into two separate public companies in late 2026.

Holiday Spending to Give Canadian Economy $11B Boost

Canadian consumers plan to spend an average of $943 this holiday season, injecting an estimated $11 billion into the national GDP. Get the details on the 'Buy Canadian' trend and economic impact.

$4M Investment for Saskatchewan Mining Careers

The Mosaic Company announces a major $4-million investment to expand career opportunities and develop the skilled mining workforce in Saskatchewan. Learn more about the initiative.

Musk's Snailbrook Town Adds Homes, Science Centre

Elon Musk is expanding his Snailbrook, Texas company town with employee homes, a science centre, and a gym. Plans reveal his vision and clashes with local authorities. Read the latest.

Shopify CEO criticizes foreign tech subsidies

Shopify CEO Tobias Lütke calls out Liberal government's $72M subsidy to Nokia as 'toxic' to Canadian tech economy. Analysis shows Canada ranks 17th in global innovation.

Shopify CEO Criticizes Foreign Tech Subsidies

Shopify CEO Tobias Lutke calls federal subsidies for foreign tech firms 'toxic.' Analysis reveals Canada ranks 17th in global innovation, contradicting government claims.

Supreme Court Allows Investor Mining Lawsuit

Canada's Supreme Court permits investor legal action against a mining company to move forward, marking a significant ruling for shareholder rights and corporate accountability.

Cadillac Fairview Sues Hudson's Bay Over Saks Stores

Major Canadian property developer Cadillac Fairview takes legal action against Hudson's Bay Company over former Saks Fifth Avenue retail locations. Get the full story on this high-profile commercial dispute.

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