New Rules from the Federal Reserve Reduce Asset Requirements for Banks in the United States

The United States Federal Reserve has passed out a number of new rules that reduce requirements of liquidity and capital for most banks in the country in addition to easing out various restrictions in the industry. According to reports, Jay Powell the chair of the Federal Reserve made the announcement on the new rules, which he called bank tailoring, which […]

Details about Google Pixel 4 Features and Specs Leaked on Best Buy Canada Website

Even as the date for the official announcement on October 15 comes closer, Best Buy Canada has already listed the Google Pixel 4 and the Google Pixel 4 XL for pre-ordering. Consequently, the product page for these phones has given out major details. The website full detailed the lineup of Pixel 4 including key devices specifications and highlighting essential differences […]

Netflix Enters Movie Production Deal in Italy with Berlusconi’s Mediaset

United States based streaming service giant has hit a deal with Mediaset, Italy’s top commercial broadcasting firm, which will aim to produce new movies in the country. The announcement came from both companies as they strike out to attract more customers in a highly competitive market. Netflix, the company behind hit shows such as Stranger Things, and The Crown has […]

BCE Inc. Bolsters Network Capabilities in Canada in Collaboration with Bell Mobility

BCE Inc. has strengthened it broadband network capabilities for rural and remote regions of Canada with the extension of the company’s services in the northern territory of Nunavut. This region, which forms the country’s Arctic Archipelago is sparsely populated. However, with the new program, the region will gain access to high mobile data speeds up to 100 mbps. Bell Mobility, […]

Ottawa International Airport Partners with QinetiQ for Testing Drone Detection Technology

The Ottawa Macdonald-Cartier International Airport Authority announced its partnership with QinetiQ Canada and NAV Canada to trial drone detection technology – Obsidian Counter UAS System. The purpose of testing new technology is to counter the potential threat drones pose to airport operations, as reported by Airport Technology. The technology is equipped to accurately recognize and identify the drone features, while […]

Study Reports Major Increase in Clean Energy Technology Jobs in Canada

New research from Clean Energy Canada, a think tank from the Simon Fraser University in British Columbia has found that job growth from the clean energy technology sector will substantially surpass that of the fossil fuels industry in the coming decade. The estimates are likely to come true as long as the future Canadian governments maintain and increase their efforts […]

Telus Acquires Canadian Operations of Home Security Enterprise ADT for $700 Million

Vancouver based Telus Corp. is increasing its scope of home and business security operations with the acquisition of ADT Security Services Canada Inc. in a deal worth approximately $ 700 million. The national telecommunications company announced that the acquisition is a part of the company’s efforts to provide monitoring services against threats such as break ins, fires, carbon monoxide leaks, […]

Electrify Canada Launches Canadian App, Commits to Setting Up 32 Charging Stations in 2020

According to Robert Barrosa, the Chief Operating Officer of Electrify Canada the 32 locations for the first phase of installing charging stations have been chosen. The company, which is a subsidiary of the Volkswagen Group held the first charge event at the Toronto Premium Outlets shopping center in Halton Hills. This is the site for the first charging station for […]

Forever 21 to Close All Stores in Canada Following Bankruptcy Filing in the U.S.

Forever 21, the fashion retailer is closing all of its 44 stores in Canada after the company filed for bankruptcy protection in the United States. The company’s Canada based subsidiary was also granted creditor protection by an Ontario court. The struggling retail chain which has stores in Nova Scotia, Alberta, Quebec, British Columbia, Ontario, and Manitoba has a workforce of […]