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Target Canada to close all locations : Will you miss it?

Target Canada to close all locations : Will you miss it?

U.S. discounter Target Corp. is closing its money-losing stores in Canada after almost two troubled years here. The Minneapolis-based retailer said on Thursday it filed an application for protection under the Companies’ Creditors Arrangement Act with the Ontario Superior Court of Justice in Toronto. The U.S. based retail company currently has 133 Canadian locations and 17,600 employees across the country. ... Read More »

Canadian House prices show signs of cooling in November

Canadian House prices show signs of cooling in November

Home prices in Canada declined by 0.3% in November versus October, according to the Teranet-National Bank Composite House Price Index published on Friday. It was the first month to post a fall in one year. Prices were down in November over the previous month in eight of 11 major centres surveyed, ranging from the decline of 1.6 per cent in ... Read More »

Uber Valuation : Uber raises $1.2 billion, putting its value at $40 billion

Uber Valuation Uber raises $1.2 billion, putting its value at $40 billion

Uber receives venture funding that puts its valuation higher than $40 billion, which would make the startup the 11th most valuable tech company in Silicon Valley based on market capitalizations. Co-founder and CEO Travis Kalanick disclosed in a blog post that Uber had scored $1.2 billion from unnamed investors that would go toward making “substantial investments, particularly in the Asia ... Read More »