Business

Fast & Curious: Short Takes on Random Things

Fast & Curious: Short Takes on Random Things

December 3, 2021 at 10:30 am

Toll Road Hypocrisy alert: I literally just read an email from Amazon telling me I can expect delivery of my order on December 17. I try really hard to avoid using Amazon — I just checked my order history and this is the first time I’ve placed one since 2019…Read...

Turning Hospitals Into Affordable Housing

Turning Hospitals Into Affordable Housing

December 1, 2021 at 1:16 pm

Here’s an item from last week’s CBRM council session on affordable housing that I really wanted to follow up on:  Deputy Mayor (and District 2 Councilor) Earlene MacMullin proposed the municipality look into the possibility of turning the Northside General Hospital, scheduled for closure and demolition, into affordable housing —…Read...

Innovacorp: Which Way Out?

Innovacorp: Which Way Out?

December 1, 2021 at 1:14 pm

This week, I thought I’d give myself a bit of a break, research-wise, by focusing on Innovacorp’s exits between 2011-2012 and 2020-2021. If you’re wondering why I keep choosing that timeframe, it’s basically, as I should have explained earlier, because Innovacorp did. The agency, which was founded in 1995, changed…Read...

Let Me Say This About That

Let Me Say This About That

December 1, 2021 at 1:10 pm

This week has found me unable to focus entirely on any one story, so no deep dives. Instead, I’m going to touch briefly on some issues I’ve been following and which I hope to write about in more detail soon.   Labor relations First, give me credit, please, for not…Read...

Innovacorp’s Gender Gap

Innovacorp’s Gender Gap

November 24, 2021 at 12:47 pm

Last week, as I was entering data on Innovacorp’s investments from 2011 to the present into a table, I was struck by the imbalance between men and women in the “people” section. This is a tricky subject for me. I’m no fan of the government gambling public money on venture…Read...

SEC Subpoenas the ‘Unicorn’

SEC Subpoenas the ‘Unicorn’

November 24, 2021 at 12:45 pm

In other Innovacorp news, the US Securities and Exchange Commission has subpoenaed Meta Materials in connection with its merger with Torchlight Energy (with thanks to the spectator who alerted me to this development). Meta Materials was Innovacorp’s first “unicorn” investment — that is, its first portfolio company to list onRead More

Fast & Curious: Short Takes on Random Things

Fast & Curious: Short Takes on Random Things

November 18, 2021 at 11:35 am

Cruise news And now, from the “counterintuitive” department, I’d like to suggest that there are ways in which COVID may actually prove a boon to the cruise industry. It’s a theory I developed watching a “recovery of cruise” presentation from a November 2020 conference on “post-COVID” tourism in Cape BretonRead More

Innovacorp: Fun With Numbers

Innovacorp: Fun With Numbers

November 17, 2021 at 1:34 pm

Looking into Innovacorp’s “unicorn” investment earlier this year got me to wondering how many successful exits our provincial venture capital fund has managed over the years compared to the number and value of its investments, so I submitted an access-to-information request asking for a list of its investments since 2011….Read...

Port of Sydney Update: Capital, Cruise & COVID

Port of Sydney Update: Capital, Cruise & COVID

November 17, 2021 at 1:32 pm

The new board chair of the Port of Sydney Development Corporation (PSDC), James Kerr, presented to CBRM council during its regular November meeting last week, a topic I touched on briefly in last week’s Fast & Curious, because Kerr announced the board had decided to make its minutes public andRead More

The Consul and the Director

The Consul and the Director

November 10, 2021 at 12:19 pm

This is an article about two things you may not have realized CBRM once had: an American Consul and a a film industry. From 1911 to 1924, the US State Department operated an American Consulate in Sydney (prior to this, Sydney was home to a lesser, Consular Agency). Very detailedRead More