Canada Brokerages Risk Closure Amid Slump


Canada’s small brokerage firms will be forced to shut down or combine if the country’s lackluster capital markets don’t improve, said Ian Russell, CEO of the Investment Industry Association of Canada.

BlackBerry's Hometown Waits in Hope of a Renaissance

Blackberry Raspberry

On market day in the small Canadian town of Waterloo, Ontario, the snow covers the car parks, and horse-drawn buggies pull up alongside the pickups. Founded two centuries ago on the prairie between the Great Lakes, Waterloo is home to the global smartphone maker BlackBerry, 500 tech companies and an institute of quantum computing, but it was first settled by German Mennonites, a religious sect who reject the inventions of the machine age.