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Property assessments jump as real estate market slows down - Victoria - Times Colonist Jan 4th
Property assessments jump as real estate market slows down - Victoria Times ColonistProperty assessments on the rise CBC VancouverAverage home values in Thompson-Okanagan continue steep rise - Kelowna News Castanet.netOPINION: B.C. Realtor’s explanation how propert.... More »
Property heading for a crash? 7 reasons why it's hard to tell: Don Pittis Apr 12th
Will real estate fall off a cliff? As Canadians wait for the latest numbers, the threat of rising interest rates is only one of the considerations affecting house prices..... More »
Alibaba Stock and Tencent Are Tumbling. This Time, Blame the Metaverse. - Barron's + MORE Feb 21st
Alibaba Stock and Tencent Are Tumbling. This Time, Blame the Metaverse. Barron'sView Full coverage on Google News.... More »
The best GIC rates in Canada for 2024 + MORE Nov 4th
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Big Six banks all hold contentious Israeli defence stock, but one Scotiabank-owned investment manager stands above all - The Globe and Mail Sep 2nd
Big Six banks all hold contentious Israeli defence stock, but one Scotiabank-owned investment manager stands above all The Globe and Mail.... More »
CP Rail CEO Keith Creel made $20.1-million in first year in role, filing says
– theglobeandmail.com
His compensation includes a base salary of $1.4-million, a cash bonus of $2.4-million and stock-option awards worth $10.5-million
National PostChina's new vice-president has reputation as 'Mr Fix-it'National PostChinese President Xi Jinping, right, shakes hands with Wang Qishan after Wang was elected Vice-President during a plenary session of China's National People's Congress (NPC) in Beijing, Saturday, March 17, 2018. China's rubber-stamp legislature has …China's Xi gets right-hand man, loyal 'firefighter,' elected vice presidentWashington PostChina Re-elects Xi Jinping Without Term LimitsHuffPostXi Jinping reappointed for second term as China's presidentFRANCE 24Wall Street Journal -The Australian Financial Review -Independent.ie -Business Standardall 234 news articles »
Cosmetics giant L’Oreal buys Toronto augmented reality startup ModiFace
– canadianbusiness.com
TORONTO _ When University of Toronto engineering professor Parham Aarabi first began researching face tracking technology, it never occurred to him that his resulting startup would later be snapped up by the world’s biggest cosmetics company, L’Oreal.
In fact, Aarabi thought the initial application of what is now ModiFace’s lip and eye tracking capabilities would be speech recognition in noisy environments, he said.
“What happened was I realized, and we initially realized, that this technology had a lot of use for cosmetic simulations,” said Aarabi, ModiFace’s chief executive, in an interview. “For example, showcasing lipstick products, because we had the exact boundary of the lips.”
On Friday, 11 years after Aarabi founded the Toronto-based startup, L’Oreal announced it was acquiring ModiFace as part of its digital acceleration strategy.
The Paris-based beauty behemoth, whose 34 brands include Maybelline and Lancome as well as its namesake beauty products line, did not disclose financial terms of the acquisition…
In fact, Aarabi thought the initial application of what is now ModiFace’s lip and eye tracking capabilities would be speech recognition in noisy environments, he said.
“What happened was I realized, and we initially realized, that this technology had a lot of use for cosmetic simulations,” said Aarabi, ModiFace’s chief executive, in an interview. “For example, showcasing lipstick products, because we had the exact boundary of the lips.”
On Friday, 11 years after Aarabi founded the Toronto-based startup, L’Oreal announced it was acquiring ModiFace as part of its digital acceleration strategy.
The Paris-based beauty behemoth, whose 34 brands include Maybelline and Lancome as well as its namesake beauty products line, did not disclose financial terms of the acquisition…
Enbridge, TransCanada shares recover from steep dive following U.S. tax ruling
– canadianbusiness.com
CALGARY _ Shares in Canadian pipeline companies Enbridge Inc. and TransCanada Corp. are recovering from a steep sell-off Thursday after the U.S. eliminated a tax break for owners of certain interstate pipelines.
Both Calgary-based companies hold such pipelines in the United States through master limited partnerships or MLPs.
The decision by the U.S. Federal Energy Regulatory Commission came in response to an earlier court ruling that found its long-standing tax policy could result in double recovery of costs for MLPs.
Enbridge shares fell by 4.2 per cent to $41.06 on Thursday but recovered to as much as $42.15 on Friday after it issued a statement that says it is not expecting a “material change” to its financial guidance over the next three years because of the FERC ruling.
TransCanada shares dropped 2.1 per cent to $55.89 on Thursday but recovered to as much as $56.45 on Friday.
In a report, CIBC analysts estimated the FERC ruling would knock about $3 per share from of its valuation of Enbridge and $1 per share for TransCanada, adding the tax ruling may convince some U…
Both Calgary-based companies hold such pipelines in the United States through master limited partnerships or MLPs.
The decision by the U.S. Federal Energy Regulatory Commission came in response to an earlier court ruling that found its long-standing tax policy could result in double recovery of costs for MLPs.
Enbridge shares fell by 4.2 per cent to $41.06 on Thursday but recovered to as much as $42.15 on Friday after it issued a statement that says it is not expecting a “material change” to its financial guidance over the next three years because of the FERC ruling.
TransCanada shares dropped 2.1 per cent to $55.89 on Thursday but recovered to as much as $56.45 on Friday.
In a report, CIBC analysts estimated the FERC ruling would knock about $3 per share from of its valuation of Enbridge and $1 per share for TransCanada, adding the tax ruling may convince some U…
