Crude Comeback

Besides the Edmonton Oilers loss this weekend to their rivals the Calgary Flames, it's not all bad news for Oil Country as hedge funds are betting once again that the price of oil is going to boom as producers struggle to ramp up production.
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Three Leaf Clover

After posting the most-talked about photo on #finance Twitter, Ottawa-born billionaire Chamath Palihapitiya is facing scrutiny over his SPAC's acquisition of US insurance startup Clover Health.
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Back From The 'Burbs

"You'll be back! You'll all be back!" is what I tell friends when they inform me they're packing up and leaving the city for space in the suburbs. And according to a new report from CIBC, I'm right!
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No Chips, No Cars

Ford is the latest car maker to cut production because there aren’t enough semiconductor chips -  a key component - to meet demand.
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Bell's Billion Dollar Bet

Bell is betting big on 5G with a plan to spend an extra $1.2 billion on new network infrastructure that will expand internet access to more homes and double the company's 5G network.
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Blank Space

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Olympic Obstacles

You might be excited for the Olympics that may or may not happen in Tokyo come July, but don't even consider singing about it — that is one of the many activities that participants will have to refrain from, according to new rules released by the Olympics committee.
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Look Mom, Canada’s On TV

Team TV Canada, aka Schitt’s Creek, hopes to repeat their success at the Emmys with a sweep at the upcoming Golden Globes. Last year the CBC sitcom won all seven Emmy comedy categories. Yesterday the show was nominated for five Globes and each of its four stars nominated for a statue each.
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Heartbreak Boardroom

A pair of Canadian deals has one investor splitting ways with a beloved asset, while a bank that tried to say bye bye to a foreign unit is stuck with it.
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Mask Off

Big brother, is that you? Nope. It's just AI technology firm Clearview which is now banned in Canada after a scathing report from Canada's Privacy Commissioner.
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Uber On Tap

It's driving with drinks, but not in the bad illegal way: Uber is acquiring Drizly, an on-demand booze delivery app, for $1.1 billion.
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Dating In Public

As an awkward person who has been on far too many first dates, I know the uncomfortable feeling of reaching for the cheque when things are wrapping up early because your date thinks they left the oven on, forgot to wash their hair, has to take their neighbour's dog for a walk...the list can go on.

The popular dating app Bumble is getting set for a whole different type of awkward money conversations as they prepare for an initial public offering (IPO).
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Made in Canada

Canada will manufacture its own doses of COVID-19 vaccine at a National Research Council (NRC) facility in Montreal.

What's happening: The Federal government signed an agreement with drug maker Novavax, a U.S. company, to produce their vaccine domestically.
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Bye Bye, Bezos

Big news coming out of Seattle: Lizzo's biggest fan, Jeff Bezos, announced that he's resigning as CEO of Amazon and transitioning to Executive Chair of the Amazon Board. He's being replaced by Andy Jassy.
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Welcome to Clubhouse

What were you doing at 1AM EST on Sunday night? Personally I was sleeping... but thousands of others were wide awake as Elon Musk hosted a room on Silicon Valley's buzziest startup—Clubhouse.
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Big Leagues BioTech

Yesterday, RBC announced an investment in Canadian biotech venture fund Lumira. Their bet in the sector signals greater enthusiasm around the already surging Canadian life sciences space.
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What's Mine Is Yours

Vancouver-based mining company Dynasty Gold Corp. alleges that a subsidiary of a Chinese state-owned enterprise is attempting to steal its gold mine in Xinjiang.
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A Test Faster Than a Scantron

Twelve of Canada’s biggest corporations have kicked off a program designed to reopen Canada’s economy during the pandemic. Forget about vaccines, this plan is all about testing.
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Space Subsidies

SpaceX's internet division, Starlink, is facing a final test before it secures $1b in funding from the US federal government—and its competitors aren't happy.
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Skipping The Big Game

Some say that the Super Bowl is like the Super Bowl of prestige advertising. But fans who tune in to see what creative multi-million dollar spots brands like Budweiser, GoDaddy, or Doritos have cooked up may be disappointed this year. That's because companies are shifting ad dollars away from pricey TV ads and towards digital campaigns.
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