‘Fear is gripping the markets.’ As Canadian stocks tumble, market watchers warn of more financial carnage to come
The 194-point fall in Canada’s main stock index Tuesday wiped out roughly $29 billion in value As Canadian stocks tumbled Tuesday, wiping out roughly $29 billion in value from the S&P TSX Composite Index, market watchers said there could be more financial carnage to come. “It’s a fool’s game trying to pick a bottom (but) […]
Brace yourselves — the global rout in stocks is getting worse
Time to go back to the Warren Buffett-style of investment U.S. stocks fell Tuesday as sinking oil prices hit energy companies, tech hardware continued to plunge with Apple Inc. leading the way, and retailers saw little joy from the coming Christmas shopping season. Treasuries advanced with the dollar and gold fell. All major benchmarks were […]
Apple just dropped into bear market territory — and only 56% of analysts say buy
Analysts are less bullish on Apple’s stock than any of the other tech giants Apple Inc. shares dropped into bear market territory Tuesday on concern consumers are no longer clamoring for its cornerstone product, the iPhone. The stock closed at a record of US$232.07 on Oct. 3. Since then it’s plunged more than 20 per […]
The FAANGs may be bloodied, but they are just as dominant as ever
Always priced for growth, risk has been part of their equation. That includes catching them on the way back up Bears have been sinking their teeth into FAANG stocks, and the dining has been good. Not to repeat the obvious, but the stock prices of this quintumvirate of tech — Facebook, Amazon, Apple, Netflix and […]
Is Canada smart enough when it comes to ICT?
Canada falls short of meeting the current demand for ICT services in the marketplace, and will suffer from a significant skills gap Canada has an impressive roster of people with information and communications technology skills and expertise. Approximately 900,000 individuals work in the ICT sector at more than 39,000 companies. Despite all this home-grown technology […]
Vancouver-based company wants to take ‘undiagnosed’ out of the medical vocabulary
Fusion Genomics has developed a process to identify any known pathogen within about 12 hours Imagine if you will that whenever you get sick, doctors will be able to pin down the exact bug that’s flattening you and then will be able to identify the right drug to clobber it, first time, every time. Imagine […]
The digital economy has created a demand for 216,000 more tech workers, report finds
The transportation, retail, healthcare, finance and manufacturing sectors are ramping up demand for digitally skilled workers Blockchain, artificial intelligence, 5G mobile networks, 3D printing and virtual reality are creating a need for digital skills that will see a demand for an estimated 216,000 additional technology workers by 2021, according to a new report. A study […]
Fallout 76 review: Buggier than a wet Saskatchewan summer
The much-feared online multiplayer is, surprisingly, almost a non-factor. But the tidal wave of glitches and technical hitches? Deal-breaker Fallout 76 is quickly becoming a cautionary tale in how not to make games. In an attempt to capitalize on the growing popularity of online and cooperative play, Bethesda Game Studios opted to make the latest […]
Ottawa considering Alberta proposal to buy rail cars to move stranded crude
But sources say Ottawa has reservations about the plan as the federal government feels the situation would ease just as the cars go into service OTTAWA/VANCOUVER — Canada’s federal government is considering a proposal from its main oil producing province of Alberta to share the cost of buying rail cars to move oil stuck in […]
Agri-Culture: Let’s commit to having cooler heads next year
We should — and can — tackle agricultural issues with the open minded, philosophical and scientific rigour they require In August of 2012 I tilled a field. It was the first time in more than a decade I had done something so tactile, so visually satisfying, so dirty. It was meaningful. New experiences often are. […]