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

Tim Bousquet of the Halifax Examiner has been making the point that the $104 million Innovacorp made on its META exit could be used to fund affordable housing in Nova Scotia. He even did the math: For the record, $104 million would pay for 80 apartments at $1,000/month rent forRead More

This week, I’m going to continue my examination of Innovacorp’s “unicorn” investment, spurred, in part, by the Cape Breton Post’s take, which appeared in Monday’s print edition wrapped in a piece of puffery about Bob Pelley, Innovacorp’s regional manager in Cape Breton. The Post — like the CBC before itRead More