Latest Posts

Shopify shares slide after company called ‘get-rich-quick scheme’

Shopify Inc. tumbled as much as 10 per cent after Citron Research began shorting the stock, saying the Canadian e-commerce company’s claims that it’s minting millionaires should be investigated, and questioning its ability to scale up. In a stinging tweet and video rebuke, Citron founder Andrew Left called Ottawa-based Shopify a “get-rich-quick” scheme and “dirtier” than Herbalife Ltd., which has …

Read More »

Bombardier could eventually join Siemens-Alstom, says French finance minister

MONTREAL—The merger between European railway manufacturers hasn’t ended with Alstom and Siemens, and could eventually see other players such as Bombardier joining the fold, France’s finance minister said Wednesday. Testifying before France’s economic affairs committee, Bruno Le Maire described the Franco-German railway merger as inevitable as the industry consolidates in an attempt to compete with Chinese state-owned CRRC. Pressed by …

Read More »

Stricter mortgage regulations to be finalized

Stricter regulations aimed at tightening mortgage lending to take some of the risk out of the market will be finalized by the end of the month, the federal financial regulator said Tuesday. Final changes to the Office of the Superintendent of Financial Institutions’ (OSFI) residential mortgage lending guidelines, also known as B-20, will come into force two or three months …

Read More »