News
TunnelBear Acquired by McAfee
March 8, 2018
Security giant McAfee is acquiring Canadian VPN provider TunnelBear. Terms of the deal haven’t been disclosed. McAfee said that it plans to integrate TunnelBear’s technologies into the company’s own VPN product, Safe Connect. The TunnelBear team will also […]
Trusted eCommerce company, Thinkwrap Commerce recently acquired by Tenzing
February 13, 2018
Ottawa-based Thinkwrap Commerce, along with Spark::red recently merged with Tenzing to become the world’s largest premium Oracle Commerce managed service provider. The combined entity will offer unrivaled end-to-end commerce solutions […]
Wattpad raises $61.25 million in financing round led by Tencent Holdings
January 17, 2018
Storytelling platform Wattpad has reaised USD $51 million ($CAD $61.25 million) in new funding from investors including Tencent Holdings Limited, a leading provider of Internet value added services in China, […]
Lifetime capital gains exemption increased as of January 1, 2018
January 9, 2018
Effective January 1, 2018, the lifetime capital gains exemption will increase to $848,252. As a result, every Canadian resident individual who disposes of qualifying small business corporation shares in 2018 can shelter […]
Buddybuild acquired by Apple’s Xcode engineering group
January 4, 2018
Vancouver-based Buddybuild, creator of app development tools, has been acquired by Apple’s Xcode engineering group. “We’re excited to share that the buddybuild team has joined the Xcode engineering group at […]
Revised Tax Legislation Released December 13, 2017
December 14, 2017
Just in time for an effective date of January 1, 2018, the Department of Finance released revised legislation on December 13, 2017 to address “income sprinkling”. This was one of […]
Changes to the Employment Standards Act, 2000 (“ESA”)
December 1, 2017
On June 1, 2017, the Ontario government introduced Bill 148, the Fair Workplaces, Better Jobs Act, 2017 (“Bill 148”). The Bill will come into force on January 1, 2018 (with […]
November update: Status of proposed tax changes
November 30, 2017
In an earlier post, we blogged about the announcements the government made regarding changes to the July 18th tax proposals affecting small business owners. In the October announcements, the government […]
Solido Design Automation acquired by Siemens subsidiary
November 23, 2017
Saskatoon-based Solido Design Automation has been acquired by Mentor, a Texas-based subsidiary of Siemans AG. With a focus on machine learning, Solido makes computer-aided design software used by companies that […]
Sendwithus raises $5 million in Series A round
November 22, 2017
Cloud-based communications management platform provider Sendwithus has raised $5 million in a Series A funding round led by BlueRun Ventures, with additional investments from Baseline Ventures. Sendwithus’ platform allows organizations […]
