Global sales of process chillers reached over ~320,000 units in 2018, as disclosed by the new research study by Fact.MR. According to the analysis report, the process chillers market is foreseen to grow by ~4.5% YoY in 2019, primarily influenced by the demand in process cooling in plastics and food & beverages industry in the global landscape. According to the […]
Container Handling Equipment Market Prospects and Growth Assessment Presented Until the End of 2029
According to a new Fact.MR study, the global market for container handling equipment is expected to increase at a value CAGR of 4.2% over the forecast period, to reach a market size of USD 2,316.6 Mn by 2029 from a calculated USD 1,541.2 Mn in 2019. The report provides potential takeaways that prove to be significantly useful for other market […]
Dredging Market Growth Overview and Predictions on Size, Share and Trend Through 2029
According to new Fact.MR study, the global dredging market is anticipated to grow at a value CAGR of ~3% during the forecast period, to reach a market share of ~USD 21 Bn by 2029 from an estimated value of ~USD 15 Bn in 2019. Over the past decade, the dredging market has come across ups and downs in terms of […]
Chemical Tanker Market Prospects and Growth Assessment Presented Until the End of 2027
Global sales of the chemical tanker in 2018 surpassed 130 units and is anticipated to expand at a moderate pace over the midterm forecast period, according to a recently published study by Fact.MR. APAC is estimated to be the leading region accounting for more than 35 percent share (Volume) in the global chemical tanker market, owing to increased seaborne trade […]
Bank of Canada Cites Improvements in Business Sentiment Following Third Quarter Survey
A survey by the Bank of Canada has stated that businesses in the country are expected to witness a moderate rise in sales in the coming year. However, the survey also disclosed issues such as the continued slump in foreign demand owing to trade tensions, and increased prevalence of regional differences across Canada. According to the results from the quarterly […]
Paypal’s Canadian Arm Starts New Small Business Loan Program
PayPal is making major strides into the increasingly competitive small-business loan market. The online and mobile payment service owned by eBay announced the start of its PayPal Working Capital loan program, which will initially be open only to current merchant customers of the company. According to details about the program, PayPal will not actually lend money to customers. The cash […]
Luge Capital Acquires $85 Million for Investments into Fintech Startups in Canada
According to data from the Fintech Growth Syndicate, Canada has 831 startups operating in the financial technology industry. However, the number of venture capital funds in the country for this sector is extremely limited. Consequently Luge Capital, which is a venture capital fund focused on Fintech and artificial intelligence is has made its move to capitalize on the opportunity provided […]
Canadian Military Program Approves the Inclusion of MQ-9 and Heron Drones
Canada’s Department of National Defense’s project for Remotely Piloted Aircraft System (RPAS) has now gone into the definition phase, and the federal government has shortlisted two eligible suppliers for the program. L3 Technologies MAS Inc. and General Atomics Aeronautical Systems Inc., in addition to the government of the United States were determined to be eligible for the program by the […]
As Cannabis Derivatives Get Legalized in Canada, Industry Restricted by Shortage of Outlets
It has been a year since Canada legalized the use of recreational marijuana, and most cannabis stocks in the country have lost their value by approximately 50 per cent. While investors are hoping that the introduction of new products such as pot-infused drinks with greater profit margins will help to boost share values, the road ahead is more likely to […]
Bank of Canada Studies Digital Currency Replacing Cash and Tracking Spending Habits
The Bank of Canada is exploring the option of launching a digital currency, which it hopes will help it fight the threat of cryptocurrencies, in addition to allowing the bank more information on how the public spends its money. According to an internal Bank of Canada presentation, the proprietary digital coin will be made widely available, and while it will […]