Shopify CEO Tobias Lutke is ready to put up a “fight” over what he describes as an “overreach” by the Canada Revenue Agency (CRA). In a tweet, Lutke said the Ottawa-based e-commerce company was asked to hand over tax records of more than 121,000 Canadian stores from the last six years. “I don’t particularly want … Read More “CRA asks Shopify for Canadian business records: CEO” »
TORONTO, June 08, 2023 (GLOBE NEWSWIRE) — ZoomerMedia Limited (TSXV: ZUM) (“ZoomerMedia”) announces that it has completed the acquisition of all the outstanding shares of The Peak Media Collective Inc. (PMCs). Founded in 2020, The Peaks serves busy Canadian professionals and business leaders with the top global business, finance, and tech stories of the day … Read More “ZoomerMedia announces acquisition of The Peak Canada’s” »
UPDATE: After this story was originally published, Wrexham Football Club — which Ryan Reynolds and actor Rob McElhenney bought in 2021 — qualified for the fourth tier of the English football league system. The business of Ryan Reynolds is booming. He bought into Montreal payment technology company Nuvei this week. He recently sold Mint Mobile … Read More “How Ryan Reynolds became Canada’s unlikeliest business mogul” »
April 24 (Reuters) – Fox News Media and its top-rated host Tucker Carlson have agreed to part ways, less than a week after parent company Fox Corp (FOXA.O) settled for $787.5 million a defamation lawsuit in which Carlson played a starring role roles. The outspoken Carlson embraced conservative issues and delivered his views with a … Read More “Tucker Carlson leaves Fox News days after Dominion lawsuit settlement” »
Legendary food storage brand Tupperware has hired advisers to help turn around the company after notifying securities regulators it may have to close up shops. In a release dated April 7, the Orlando, Florida-based company announced it was seeking to improve its capital structure in order to “remediate its doubts regarding its ability to continue … Read More “Food storage brand Tupperware warns it could go out of business” »
KANSAS CITY — West Liberty, Iowa-based West Liberty Foods and Dakota Dunes, SD-based Vertical Cold Storage will partner on a 327,000-square-foot food processing center and supporting cold storage facility, according to the Kansas City Area Development Council. The two companies expect to invest a combined $199.6 million in the project. The facilities will be directly … Read More “New food processing center to open in Kansas City” »
The Bank of Canada decided to raise its benchmark interest rate to 4.75 per cent on Wednesday. It’s the first time that Canada’s central bank has raised its trend-setting interest rate since January, when the bank signaled it would conditionally pause its aggressive campaign of rate hikes to wait and see if it had done … Read More “The Bank of Canada hikes interest rates again — and there may be more to come” »
One unfortunate consequence of the pandemic was that many workers became indebted. Now, they have trouble making ends meet while also paying their debts. But the pandemic also spurred the rise of many new small and midsize businesses, which could be the perfect solution to the problem of worker debt. Six in ten employees admit … Read More “Can SMBs Help Workers In Debt?” »
/cloudfront-us-east-2.images.arcpublishing.com/reuters/F24CL2Y7R5LHPO2RMWI2VR67OQ.jpg "Tucker Carlson leaves Fox News days after Dominion lawsuit settlement")
