Visual-effects studio Scanline VFX to open Montreal location, creating 300 jobs

Visual-effects studio Scanline VFX to open Montreal location, creating 300 jobs
MONTREAL — Oscar-nominated visual effects company Scanline VFX has announced it will open a new studio in Montreal next month. The company announced Friday that it expects to hire 300 people over the next three years in visual effects, technical and support roles. The Montreal facility will be be led by Geoffrey Baumann, who recently supervised all visual effects on Marvel’s “Black Panther.” It will... Read More

Shopify to provide e-commerce platform for online B.C. cannabis sales

Shopify to provide e-commerce platform for online B.C. cannabis sales
VANCOUVER — British Columbia has selected Shopify Inc. to provide an e-commerce platform for the online sale of non-medical cannabis in the province. The Liquor Distribution Branch, which will be the sole wholesale distributor and public retailer of cannabis, says the Ottawa-based company was selected because of its proven record of on-time service, user-friendly design and approach to anticipating consumer needs.... Read More

Manulife cutting 700 jobs as part of digital business transformation

Manulife cutting 700 jobs as part of digital business transformation
TORONTO — Manulife Financial Corp. says it will cut its workforce by about 700 jobs as part of a wider restructuring of its operations as it makes a greater push to digital. The company says the job cuts will come through voluntary exit programs and natural attrition over the next 18 months. Manulife says it will require fewer staff as... Read More

BlackBerry CEO: self-driving cars won’t be mainstream until standards worked out

BlackBerry CEO: self-driving cars won’t be mainstream until standards worked out
BlackBerry Inc.’s strength in security, privacy and interconnectivity will enable it to be a major player in the emerging market for self-driving and connected cars — but it may take a decade for them to become common, BlackBerry chairman and CEO John Chen told shareholders Wednesday. The Waterloo, Ont. -based company — which has evolved into primarily a software and service company... Read More

A by-the-numbers look at what 5G wireless could mean for Canada’s economy

A by-the-numbers look at what 5G wireless could mean for Canada’s economy
OTTAWA — A study commissioned by the Canadian Wireless Telecommunications Association lays out the potential benefits from the deployment of powerful, ultra-fast 5G wireless networks. A look at the findings in the Accenture report, by the numbers: $40 billion: Estimated economic growth from the adoption of 5G technology by 2026. $26 billion: Amount estimated to be spent on 5G network infrastructure... Read More

Verizon to end location data sales to brokers

Verizon to end location data sales to brokers
Verizon is pledging to stop selling information on phone owners’ locations to data brokers, stepping back from a business practice that has drawn criticism for endangering privacy, The Associated Press has learned. The data has allowed outside companies to pinpoint the location of wireless devices without their owners’ knowledge or consent. Verizon said that about 75 companies have been obtaining... Read More

Five things to watch for in the Canadian business world in the coming week

Five things to watch for in the Canadian business world in the coming week
TORONTO — Five things to watch for in the Canadian business world in the coming week: Reading the BoC tea leaves Deputy Bank of Canada governor Lynn Patterson will speak before the Investment Industry Association of Canada on interest-rate benchmarks on Monday. The central bank has raised its key interest rate target three times since last summer and is expected... Read More

B.C. lawyer awarded $1 in suit against client who posted negative online review

B.C. lawyer awarded $1 in suit against client who posted negative online review
VANCOUVER — A British Columbia lawyer has been awarded $1 in damages after suing a former client for posting a negative review online. Vancouver lawyer Kyla Lee and her firm Acumen Law allege in court documents that a Google Plus review calling her the “worstest lawyer” led to a decline in client calls. The reviewer did not respond to the civil claim or appear in... Read More

Most actively traded companies on the TSX

Most actively traded companies on the TSX
Some of the most active companies traded Thursday on the Toronto Stock Exchange: Toronto Stock Exchange (16,328.96, up 63.14 points) Nemaska Lithium Inc. (TSX:NMX). Miner. Down three cents, or 3.09 per cent, to 94 cents on 5.04 million shares. Katanga Mining Ltd. (TSX:KAT). Miner. Down nine cents, or 6.67 per cent, to $1.26 on 4.8 million shares. Yamana Gold Inc. (TSX:YRI). Miner. Up 22 cents,... Read More