“When you add costs, and more costs, and more costs to a good business, the energy business, eventually you’re going to kill it,” Birchcliff Energy Chief Executive Officer Jeffery Tonken said.
Sherritt stands firm in Cuba after U.S. slams door to trade
David Pathe, CEO of Sherritt International, talks about Sherritt's role in Cuba as the U.S. breaks ties.
Canada is one of the world's investment 'bright' spots: Brookfield CEO
“This is one of the bright countries in the world,” Flatt told BNN after the company’s annual general meeting in Toronto. “We have investors, our sovereign institutional investors, who are non-Canadian. Many of them want to put their money into Canada.”
'Put it in the past and move forward': Bay Street weighs in on Home Capital’s settlements
Bay Street is mixed on whether Home Capital will be able to fully recover. Here’s some of what investment professionals and analysts are saying.
“For a number of reasons, it’s a very attractive place in which to invest,” David Rubenstein, co-founder and co-CEO of The Carlyle Group, told BNN in an interview on Wednesday.
Record funding for Element AI shines spotlight on Canada’s artificial intelligence boom
Canada’s fast-growing artificial intelligence industry has received another shot in the arm. Element AI, a Montreal-based startup, has raised $137.5 million in what Element is calling the “largest Series A funding round for an artificial intelligence company in history.”
In an interview on BNN, Mark Cohen, who helmed the company from 2001 to 2004, said it’s hard to imagine a scenario where the company survives as an independent entity after it cast doubt on its ability to continue as a going concern.
Why Canada's video game industry needs foreign workers
Canada's video gaming industry is ready for the country's Global Talent Stream program — which fast-tracks foreign workers' applications — to begin. Entertainment software companies are missing key senior-level people who can make companies competitive, according to Jayson Hilchie, president and CEO of the Entertainment Software Association of Canada.
Stingray Digital makes major push into consumer music streaming
Eric Boyko, president and CEO of Stingray Digital, joins BNN's Catherine Murray for a look at how the music and digital signage company is making a major push into the consumer music realm.