Bank of Canada increases overnight rate target to 3/4 per cent

The Bank of Canada is raising its target for the overnight rate to 3/4 per cent. The Bank Rate is correspondingly 1 per cent and the deposit rate is 1/2 per cent. Recent data have bolstered the Bank’s confidence in its outlook for above-potential growth a...

Canadian FinTech Startup Captures over 60% of Market

Quadriga FinTech Solutions Corp is pleased to announce that for the six month period ended October 31, 2015, it was the national market leader for volume of digital currency transactions recorded, capturing over 60% of the market share in Canada....

TeamQuest Announces Acquisition of PureShare

TeamQuest, a global leader in IT capacity planning and management, today announced the acquisition of PureShare, a leading provider of business value dashboards. The acquisition will enable IT organizations to predict the health and risk of their...

Tiger Global raises new $2.5 bln venture fund

Tiger Global has raised a new $2.5 billion venture fund, according to a filing with the SEC. Tiger Global Private Investment Partners X has 520 limited partners and had its first close on Nov. 23, according to the filing. Tiger closed a $2.5 billion...