EV Battery Tech announces partnership with Daymak, #1 Distributor of Light Electric Vehicles in Canada

EV Battery Tech announces partnership with Daymak, #1 Distributor of Light Electric Vehicles in Canada
  VANCOUVER – Extreme Vehicle Battery Technologies Corp. announced the Company entered into a partnership agreement with Daymak International Inc., a Canadian distributor of light electric vehicles. Daymak has sold over $100 million of LEVs, of which an estimated 30% of their production cost goes into the battery systems. Pursuant to the Agreement, the Company will become the exclusive provider of... Read More

WallStreetsBets triggers 43% spike in Reddit installs, app’s popularity skyrockets

WallStreetsBets triggers 43% spike in Reddit installs, app’s popularity skyrockets
  LONDON – Reddit has recorded millions of installations amid increased trading activity triggered by discussions on the subreddit WallStreetBets. Data acquired by Finbold indicates that Reddit’s global mobile installs grew by 43.47% between December 2020 and January 2021 from 4.6 million to 6.6 million. Elsewhere, between January last and January 2021, the platform’s users have skyrocketed by 127.58%. The number of... Read More

TRREB forecasts strong demand for real estate in 2021

TRREB forecasts strong demand for real estate in 2021
  TORONTO – The outlook for the GTA real estate market is healthy with strong buying intentions, a near-record sales forecast of more than 100,000, and a record average selling price over $1 million. Today, the Toronto Regional Real Estate Board (TRREB) is unveiling its  Market Year in Review & Outlook 2021 Report and eagerly awaited digital digest containing TRREB’s annual market outlook,... Read More

Why a wealth tax in Canada is a horrible idea

Why a wealth tax in Canada is a horrible idea
WINNIPEG – Eat-the-rich rhetoric is good politics but bad policy. The wealthy minority contribute precious investment and much-needed employment, but no good deed goes unpunished. The spectre of a wealth tax, which hangs over Canada, epitomizes infantile, self-defeating governance. Last autumn, federal NDP Leader Jagmeet Singh introduced a motion in the House of Commons calling for a “super-wealth and an excess-profits tax... Read More

Bitfarms announces CAD$40.0 million private placement with U.S. institutional investors

Bitfarms announces CAD$40.0 million private placement with U.S. institutional investors
TORONTO  – Bitfarms Ltd. (TSXV:BITF) (U.S.:OTC:BFARF), a Canadian publicly listed bitcoin mining operation, has entered into subscription agreements with certain institutional investors for gross proceeds of approximately CAD$40.0 million in a private placement in the United States of its equity securities, comprised of 11,560,695 common shares along with warrants to purchase an aggregate of up to 11,560,695 common shares at... Read More

Canadian businesses less pessimistic than in the fall

Canadian businesses less pessimistic than in the fall
TORONTO – In the latest survey from The Business Monitor, released by Modus Research, Canadian managers and executives were asked the likelihood of the outbreak being contained and their views on the Canadian economy coming out of recession. The latest results show a less pessimistic view compared with the fall. In October, almost half of executives were pessimistic about the... Read More

ParcelPal announces record January 2021 revenue

ParcelPal announces record January 2021 revenue
VANCOUVER – ParcelPal Technology Inc. (PKG:CSE) (FSE:PT0) (OTCQB:PTNYF) reported that for the month of January 2021, it has achieved approximately $502K CAD in gross revenue, which is nearly 20% higher than January 2020. The company says that this is important because January is typically one of the slowest months of the year. Equally important, is the company continues to see... Read More