EquipmentMergers and Acquisitions

Westcap Invests in Largest Agriculture Equipment Dealer in Canada

SASKATOON, SK–Westcap Mgt. Ltd. has made an investment in Rocky Mountain Equipment. The transaction was completed in syndication between Westcap MBO II Investment LP and Golden Opportunities Fund Inc., Saskatchewan’s longest-standing provincial Retail Venture Capital (RVC) Fund, both funds are managed by Westcap. RME is Canada’s largest independent agriculture equipment …

READ MORE →
EquipmentFleet

Cargojet Announces Plans for Fleet, Route Expansion

MISSISSAUGA, ON–Cargojet Inc. has a new comprehensive plan for its fleet and route expansion to meet domestic and international growth opportunities starting 2021 and beyond. Having successfully raised $365 million, earlier this month, through an equity raise to pay off debt and acquire new aircraft, Cargojet is rapidly moving forward …

READ MORE →
FinancingInfrastructure

Canada, New Brunswick invest in four rural infrastructure projects across the province

NEW MARYLAND, NB–The Government of Canada is investing in infrastructure to bring greater opportunities to New Brunswick’s rural communities, ensure their success and to promote economic growth. The Honourable Maryam Monsef, Minister for Women and Gender Equality and Rural Economic Development, the Honourable Gary Crossman, Minister of Environment and Climate …

READ MORE →
FinTechLendingTechnology

Accenture, nCino Help National Bank Transform Commercial Lending Platform

TORONTO, ON and MONTREAL, QC–With a goal to become the fastest bank for small businesses in Canada, National Bank of Canada is modernizing its commercial financing platform with the support of nCino, Inc., a pioneer in cloud banking and digital transformation solutions for the global financial services industry, and Accenture. …

READ MORE →
Industry NewsPeople

Cervus Announces Transition of Chief Financial Officer Position

CALGARY, AB–Cervus Equipment Corporation has appointment Catie Busch as Chief Financial Officer effective April 1, 2021, having previously served as the Company’s Senior Director of Finance and Public Markets. The appointment of Ms. Busch is part of a comprehensive executive succession plan. The Company’s outgoing CFO, Adam Lowther, will continue …

READ MORE →
EquipmentIndustry NewsTechnology

North America’s first automated transit bus unveiled

Level 4 automated bus highlights New Flyer’s dedication to innovation and the strength of its partnership with Robotic Research ST. CLOUD, MN– New Flyer of America Inc., a subsidiary of NFI Group Inc., one of the world’s leading independent global bus manufacturers, today unveiled its Xcelsior AV™ automated transit bus, …

READ MORE →
Spring 2020

SMEs still optimistic about prospects

By Don Curren It’s a new year, but small-and medium-sized enterprises (SMEs) in North America continue to confront a world of uncertainty. SMEs are charting a course for 2020 with their vision being clouded by the specter of trade tensions with China, Brexit, the U.S. presidential election, the coronavirus outbreak, …

READ MORE →
Spring 2020

Cybersecurity more important than ever

By Yves Paquette At a time when data breaches are the matter of the moment, our fourth annual NOVIPRO/Léger Portrait of IT Trends could not be more relevant. But while the data gathered in the study reveals a shift in some trends, the pace at which companies are changing their …

READ MORE →
Spring 2020

Enabling modernized payments

By Pamela Steer New technology and payments innovation are transforming the way Canadian consumers and businesses make and process payments. According to data from Payments Canada’s annual Canadian Payments Methods and Trends Report, Canadian businesses are writing less cheques while expanding the range of electronic payment options they offer to …

READ MORE →
Spring 2020

Yellow signs for U.S. investment

U.S. equipment and software investment is projected to expand by just 1.1 percent in 2020 while the country’s economic growth is expected to slow to 1.7 percent according to the 2020 Equipment Leasing & Finance U.S. Economic Outlook, published by the Equipment Leasing & Finance Foundation. After decelerating over the …

READ MORE →