Business Brief: How homegrown successes are paying off – but not for Canadians

  • 📰 globebusiness
  • ⏱ Reading Time:
  • 49 sec. here
  • 4 min. at publisher
  • 📊 Quality Score:
  • News: 30%
  • Publisher: 66%

Newsletter News

Noastack,Newnewsletter

A dramatic shift in the way startups get funded is hurting the economy. Also in today’s edition: Streaming wars and a rental riddle

Private and public markets have historically enjoyed a symbiotic relationship in Canada: Private money helps bring startups public, private money gets an exit, startups grow in Canada. Today, Jameson Berkow casts a light onStreaming platforms launch legal challenges to new Canadian tax

Music streaming platforms Amazon, Apple and Spotify also filed a legal challenge in the Federal Court of Appeal over the CRTC’s decision to compel them to make financial contributions in Canada under the act.A decades-long trend of private capital playing an increasingly prominent role in building startups into mature companies is robbing average Canadians of the opportunity to participate in their own homegrown success stories, Jameson Berkow reports.

Roughly half involved private investors buying public companies, and the others were sales from one private investor to another. According to my analysis, those lines seem to be getting shorter. That might speak volumes on the direction of Canada’s overall economic direction, but what to make of it on an individual level? We presented Jameson with a scenario:. I might have time to read one story on Saturday while I’m “watching” my younger child running around a soccer field. Why should it be this?

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 31. in MY
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Business Brief: A story so hot, it should be encryptedHow an entrepreneur raised in small-town Ontario became one of the most consequential figures in a global crackdown on organized crime
Source: globeandmail - 🏆 5. / 92 Read more »

Business Brief: Siri, should we tax the 1 per cent?Also in today’s edition: AI, electricity and what to do with too many cows
Source: globeandmail - 🏆 5. / 92 Read more »

PCE data, Trump-Biden debate takeaways, Nike earnings: Morning BriefToday's episode of the Morning Brief, co-hosted by Seana Smith and Brad Smith, offers a deep dive into key economic data, trending stocks, and retail...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

GDP data, Amazon hits $2T, retail earnings: Morning BriefToday's episode of the Morning Brief, co-hosted by Seana Smith and Brad Smith, offers a deep dive into key economic data, trending stocks, and retail...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

There's something odd about the stock market's concentration: Morning BriefIt's no secret that a handful of tech stocks are powering the S&P 500 to record highs. But while that concentration isn't unusual, the lack of even...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »