Financing robots
By Brendan Read Robots are taking over the world. Just ask Alexa, or any other virtual assistant. Or when you get into your car: a fair amount of it has been built by their assembly-line “cousins”. According to the Robotic Industries Association (RIA) (www.robotics.org), part of the Association for Advancing …
Executing eSignatures
By Aaron Seaton The execution of legal and administrative documents within lending and asset-based finance is a common task, which can be especially voluminous in equipment finance transactions. These documents are important, but they often lead to massive back-and-forth activities between lenders, obligors and guarantors. One of the big reasons …
TD Bank Acquires Wells Fargo Equipment Finance Business
Acquisition strengthens and expands TD Business Banking capabilities across Canada TORONTO, ON– The Toronto-Dominion Bank and Wells Fargo & Company have a definitive agreement, subject to certain closing conditions, for TD to acquire Wells Fargo’s Canadian Direct Equipment Finance business. The acquisition of Wells Fargo’s Canadian Direct Equipment Finance business …
CFLA CMO: Uneven growth ahead
By Robin Somerville With so many potential crisis events threatening global trade and security, most economists are even more gloomy than usual about the future. Canada’s economy has not been spared and is expected to grow slower than last year despite continued high population growth, a low unemployment rate and …
Walmart Canada more than triples order of Tesla Semi Trucks
MISSISSAUGA, ON–Walmart Canada is more than tripling its reservations of 18-wheeler Tesla Semi trucks as it drives towards its commitment to alternative power. Walmart Canada is now reserving a total of 130 Tesla Semi trucks, making it one of the largest reservations of electrified trucks in the country. The move …
Giving back in 2020: Western Financial Group fulfills promise to the community
HIGH RIVER, AB–Woven into the fabric of Western Financial Group is a spirit of giving back that is unique and brings a warm familiarity to the insurance brokerage’s history and culture. Like a quilt, Western was pieced together through acquisitions in cities and towns across Canada. With each addition, our …
OPPORTUNITY INTERNATIONAL PARTNER, SINAPI ABA SAVINGS AND LOANS, NAMED BEST BANK FOR WOMEN ENTREPRENEURS
TORONTO, ON–Opportunity International Canada congratulates Sinapi Aba Savings and Loans for their recognition as the 2020 Gold Winner for the Best Bank for Women Entrepreneurs, awarded by the International Finance Corporation and the Small and Medium Enterprise (SME) Finance Forum, and Best Company in Promoting Gender Equality, awarded by the …
Mondou Mondon Campaign raises $425K for the Mira Foundation
Mondou Surpasses its Objective; Since 2015, the Quebec family-run business has donated a grand total of $2,025,000 to the Mira Foundation MONTREAL, QC–Mondou says $425,000 was raised over the last few weeks as part of the 6th edition of the Mondou Mondon campaign for the MIRA foundation! The 2020 edition of …
New funding to support organizations on the 2030 Agenda for Sustainable Development
Government of Canada provides funds GATINEAU, QC–As all Canadians are facing the unprecedented challenges brought by the COVID-19 pandemic, the Government of Canada is taking immediate, significant and decisive action to support Canadians and businesses facing hardship. Now, more than ever, we have an opportunity to build back better, with …
Manulife donates $100,000 to support communities impacted by the Nova Scotia tragedy
Supporting Canadian Red Cross Stronger Together Nova Scotia Fund and the Mental Health Foundation of Nova Scotia TORONTO, ON–Manulife announced a $100,000 donation to support the health and well-being of communities impacted by the tragic events on April 18 and 19. $50,000 is being donated to the Canadian Red Cross …