Quebec 2018-19 budget announcement

March 27, 2018

Quebec Finance Minister, Carlos Leitao delivered the province’s 2018-2019 budget on March 27, 2018, by announcing the fourth  consecutive balanced budget. As part of the 2018-2019 Budget Speech  the Minister of Finance announced […]

Harbr Secures $1.75M Seed Financing

March 15, 2018

Harbr Inc., a developer of mobile job site reporting app, has completed a $1.75 million oversubscribed seed round financing. A mix of angel and venture capital investors participated in the […]

Jiffy on Demand raises $3 million to continue expansion

March 9, 2018

Toronto’s Jiffy on Demand raises $3 million to expand their platform that connects users to home maintenance and repair professionals, making it a seamless booking experience for homeowners, with easy-to-understand pricing […]

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 […]

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