Good things grow in Ontario — especially for car manufacturers during election season. On Monday, the multinational auto-parts maker became the happy recipient of a whopping $1-billion cash infusion from the province and the federal government to modernize its Windsor and Brampton plants. And on Friday, Stellantis reported positive revenue growth of 12 per cent year-over-year.Founded a mere month before the COVID-19 pandemic began, the asset managers behind FAX Capital Corp.
If there was any remaining doubt the tech stock bubble has burst, Canada’s foremost e-commerce company recently became the worst-performing Canadian company on the S&P/TSX Composite Index amid growing investor skepticism for the future of online shopping. As people returned to brick-and-mortar stores for retail therapy, Shopify reported a net loss of $1.5 billion in the first-quarter of 2022 compared to the $1.
Source: News Formal (newsformal.com)
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