Finance

Swarmio Applies for Creditor Protection

Swarmio Applies for Creditor Protection

June 28, 2023 at 12:49 pm

Swarmio Media Holdings Inc sought creditor protection in the Ontario Superior Court of Justice last week. The Court agreed to some of its initial requests (it stayed proceedings until July 1, appointed a monitor, agreed to a debtor-in-possession or DIP loan) and scheduled a “comeback” hearing for June 30, atRead More

Peter Mansbridge Plays a Reporter

Peter Mansbridge Plays a Reporter

April 26, 2023 at 12:17 pm

Former CBC “chief correspondent” Peter Mansbridge has an interesting new gig: he’s playing a journalist in a series of HomeEquity reverse mortgage ads and videos. The spots find him sitting face-to-face with his subjects, very much as he used to do on his weekly interview program, Mansbridge One on One,Read More

Back in the News: Bridging Finance Inc

Back in the News: Bridging Finance Inc

March 29, 2023 at 11:34 am

A number of spectators have pointed me toward the latest Bridging Finance developments and, given the recent Novaporte announcement, this seems as good a time as any to do a check-in. Bridging, in case you’ve forgotten, was the Toronto-based private debt lender that loaned Membertou Corporate $6.8 million to investRead More

Fast & Curious: Short Takes on Random Things

Fast & Curious: Short Takes on Random Things

March 3, 2023 at 11:42 am

Student housing The “collective enterprise” UTILE (L’Unité de travail pour l’implantation de logement étudiant) was established in 2013 “with the objective of developing a social economy student housing model specific to Quebec inspired by best practices in non-profit student housing around the world.” In 2016, working with the the ChantierRead More

Fast & Curious: Short Takes on Random Things

Fast & Curious: Short Takes on Random Things

February 17, 2023 at 10:15 am

Art imitating life In my research for this week’s article on the East Palestine train derailment, I ran across a piece on rail safety post-Lac Mégantic (a good piece, worth reading) that begins like this: An unmanned, half-mile-long train carrying tank cars full of highly flammable petroleum products barrels outRead More

Imaginary Money

Imaginary Money

February 8, 2023 at 10:49 am

Over the past few months, I have been following various stories about crypto currencies with a mix of incomprehension, incredulity and interest. What will be the next crypto exchange to fail? Will another crypto titan mysteriously disappear or die in suspicious circumstances? But with the collapse of FTX, and theRead More

Meta Materials Revisited

Meta Materials Revisited

December 14, 2022 at 11:53 am

Editor’s Note: I know what you’re thinking—the holidays are almost here, why am I not doing a year in review or some heartwarming, holiday-themed stories, or raising money for a food bank? Why am I on about that nano-materials company in Dartmouth again? The answer is a) because I haveRead More

SEC Says Influencers Pumped & Dumped Torchlight

SEC Says Influencers Pumped & Dumped Torchlight

December 14, 2022 at 11:51 am

On Tuesday, the US Securities Exchange Commission (SEC) filed a lawsuit in the US District Court for the Southern District of Texas against the following eight defendants: Edward Constantin aka MrZackMorris aka Edward Constantinescu Perry Matlock aka PJ Matlock Thomas Cooperman aka Tommy Coops Gary Deel aka Mystic Mac MitchellRead More

Fast & Curious: Short Takes on Random Things

Fast & Curious: Short Takes on Random Things

December 9, 2022 at 11:31 am

Eureka! I have been trying for some time now to articulate the problem with venture capital, especially as it was practiced in this province by Innovacorp—and now by Invest Nova Scotia, under the possibly capable but definitely expensive ($1,500 a day up to $18,000 a month) leadership of our premier’sRead More

Fast & Curious: Short Takes on Random Things

Fast & Curious: Short Takes on Random Things

November 25, 2022 at 8:30 am

Comfort and Joy I have to tie up two loose ends from my coverage of Tuesday morning’s council meeting. After listening to—and approving—Destination Cape Breton’s funding request (which I covered in detail because opaque organizations spending oodles of public money are catnip to me— or would be, if I wereRead More