In a remarkable stride for Canadian fintech, Neo Financial has closed a CAD $360 million Series D funding round, one of the largest in the global fintech sector this year. The round, comprising CAD $110 million in equity and CAD $250 million in debt, features a star-studded roster of Canadian tech leaders, including Tobi Lütke, […]
Canada MedLaser Clinics, a prominent name in Toronto’s aesthetic treatments and laser hair removal, has officially opened its 15th location in Burlington. The clinic is conveniently positioned inside Burlington Centre, providing a variety of cutting-edge treatments designed to tackle various aesthetic concerns, such as cellulite, hair loss, and unwanted body hair. Aesthetic Services You Can […]
A tragic incident has struck a family in Hyderabad, India, after their son drowned in a lake in Toronto, Canada, while celebrating his birthday. Praneeth, a student who had moved to Canada in 2019 for his Master’s degree, drowned during a birthday outing with friends at Lake Clear, Toronto. The family is now appealing to […]
In a significant development in one of Canada’s most audacious heists, a 36-year-old man of Indian origin, Archit Grover, was arrested on May 6, 2024, in connection with the theft of over 22 million Canadian dollars worth of gold bars and foreign currency. This arrest comes nearly a month after the apprehension of five others […]
Arthur J. Gallagher & Co., a prominent global insurance brokerage, risk management, and consulting services firm, today announced the acquisition of Toronto, Ontario-based MGB Re (MGB). While the terms of the transaction were not disclosed, this acquisition signifies a strategic expansion for Gallagher Re, the reinsurance division of Arthur J. Gallagher & Co. Expanding Medical […]
Aecon Group Inc. (TSX: ARE) has announced a significant milestone in Toronto’s transit development with a C$290 million design-build contract from the Ontario government for the Eglinton Crosstown West Extension (ECWE) project’s Elevated Guideway. This substantial contract value will be added to Aecon’s Construction segment backlog in the fourth quarter of 2023. Project Scope: Design […]
Actionstep, the global cloud practice management platform catering to midsize law firms, has taken a significant step forward with the acquisition of Soluno, a legal accounting software company based in Toronto. This strategic move brings together two industry-leading software products, combining Actionstep’s comprehensive legal practice management capabilities with Soluno’s top-tier accounting software. The result? An […]
The Indian community in Toronto, Canada, assembled en masse on Saturday to counter a pro-Khalistan protest. Waving the Indian Tricolour, the group gathered outside the consulate to support their diplomats and the consulate office in response to what they perceived as a threat to Indian diplomats from Khalistani protesters. The Indian diaspora rallied with chants […]
Swedish furniture giant IKEA through its subsidiary IKEA Canada has announced a CAD 400 million investment to ramp up its fulfillment capacities in the Greater Vancouver and Toronto Areas. The plan underscores IKEA’s commitment to enhancing the Canadian customer shopping experience, in line with their evolving purchasing habits, and its promise to support a better […]
HRSoft, a provider of cloud-based compensation lifecycle management software, announced its strategic acquisition of CompTrak, a Toronto-based compensation management solution provider, for an undisclosed price. CompTrak’s solution modernizes the management of incentive, equity, and merit review compensation plans. It allows companies to customize and manage various compensation plans, linking them directly to corporate strategic goals, […]