October 2019 Archives

Business and commercial: Electric vehicles will alter the economy

Experts say the increasing popularity of electric vehicles will likely change the economic landscape. In the world of business and commercial endeavours in Canada, much is being said in the media about how electric vehicles will impact society. In fact, a recent report suggests that by 2030, there will be more than 13 million electric vehicles on Canadian roads, which will vastly change energy demands.

Growth Camp helps those in the business and commercial world

One of Canada's major newspapers recently held a Growth Camp for entrepreneurs. Those in the business and commercial fields in Canada always want to learn new, innovative ways of growing their businesses and this venue held in Toronto brought business leaders together to offer tips and networking opportunities. It also presented attendees with some important information on what it takes to help them to build a sustainable business.

Travel industry heats up latest mergers and acquisitions

The marriage of two major travel groups in the country is expected to give those in the travel industry more options when it comes helping consumers fly off into the sunset. Those interested in mergers and acquisitions in Canada may be interested to know that Northstar Travel Group recently acquired travAlliancemedia -- a parent company of TravelPulse Canada and TravelPulse Quebec. Suppliers utilize TravelPulse Canada as a major source of event and news coverage within the travel industry.

Business and commercial: Husky sells refinery

The oil industry has had a shake-up with the sale of a major oil refinery. The business and commercial world recently learned that Husky Energy is selling its west coast based oil refinery to Tidewater Midstream and Infrastructure to the tune of $215 million initially in the hopes it can focus on other assets in Canada and stateside and offshore production. Husky will likely also receive about $60 million in contingency payments regarding the deal over the next two years.

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