News
Issuing shares? Better make sure they are paid for.
December 16, 2016
Pursuant to the corporate law in Ontario, British Columbia and Canada (and potentially other jurisdictions), a share in the capital of a corporation cannot be issued until the shares are […]
Hubba secures Series B venture financing round led by Goldman Sachs Investment Partners
December 8, 2016
Hubba has secured a Series B financing round led by Goldman Sachs Investment Partners and participation from existing investors Real Ventures, Kensington Venture Fund and Brightspark Ventures. The financing follows […]
Lifetime capital gains exemption will increase as of January 1, 2017
December 7, 2016
Effective January 1, 2017, the lifetime capital gains exemption will increase to $835,716. As a result, every Canadian resident individual who disposes of qualifying small business corporation shares in 2017 […]
Bassi Construction Ltd., Basscon Group Inc. acquired by Mosaic Capital
December 6, 2016
Mosaic Capital Corporation announced yesterday that has acquired a 70 percent interest in the business being carried on by Ottawa-based Bassi Construction Ltd. and Basscon Group Inc. (collectively: Bassi) at […]
With $430M acquisition of Mettrum, Canopy Growth to add two national brands, additional production space
December 1, 2016
Canopy Growth Corporation has entered into an agreement with Toronto-based Mettrum Health Corp. that will see its stake in the Canadian medical marijuana industry grow. With its agreement to acquire […]
North Strategic recently aquired by MSLGROUP
November 30, 2016
Canada’s fastest growing PR and social media agency, North Strategic, was recently acquired by MSLGROUP. The agency will be aligned with Publicis Groupe, a part of Publicis Communications in Canada. […]
Accedo and Digiflare announce merger
November 28, 2016
Two video experience companies have merged, creating a “transformational video experience powerhouse.” Today, Accedo announced that it is merging with Digiflare. The newly-formed company will remain under the Accedo brand. […]
SaaS firm FileFacets secures $4 million in funding
November 25, 2016
Ottawa-based FileFacets has raised $4 million in funding, the company announced this week. The funding round was led by Celtic House Venture Partners, which provided $2 million. Wesley Clover ($1 […]
Canopy Growth Corporation acquires two Quebec-based companies
November 3, 2016
Smiths Falls, ON-based Canopy Growth Corporation is expanding its reach into Quebec with the acquisition of licensed hemp producer Groupe Hemp, as well as ownership of Vert Médical, a company […]
Big Viking Games raises $21.75 million so far in 2016
November 2, 2016
As one of Canada’s largest independent mobile and social game studios, Big Viking Games (BVG) has focused on using technology, specifically HTML5, as a way to propel the company forward. […]
