Royal Bank of Canada Launches RBCx to Support Visionary Technology. It’s a platform to accelerate the entrepreneurial journey at every stage of growth, giving access to capital solutions, innovative products and services, and operational expertise to help technology companies scale up. RBCx is for entrepreneurs who are disrupting business models, industries and sectors. RBCx will offer differentiated products and solutions for technology clients across their entire journey from inception to IPO and beyond, including: Innovative financial products, including credit and specialized banking; deep sector expertise in specialized tech verticals, including clean tech and life sciences; exclusive offers from industry-leading providers within the RBCx marketplace; counsel from operational specialists across a number of key disciplines; an inspired network of founders and funders engaged through curated events and content; proprietary research and guidance; plus a suite of custom personal banking services, including credit cards, wealth management and personal finance.
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Shopify Inc. has invested a large stake in Stripe Inc. Shopify had a big hand in turning Striple into a payments giant and Silicon Valley’s most valuable private company. The Ottawa-based commerce software behemoth poured more than US$350-million in Stripe — its exclusive provider of payments processing services — over a series of investments. The investment was first revealed by the Wall Street Journal. Payments has been a key driver of Shopify’s success as it has grown into Canada’s most valuable company, providing a platform for more than 1.7 million merchants globally to run their digital stores and manage their operations. The partnership has been a lucrative one for both companies, and expanded this year as Shopify introduced bank accounts and debit cards for merchants as part of a program with Stripe.
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Canada’s labour force increased by 101,600 jobs from April 2021 to May 2021. When looking at the manufacturing industry specifically, the report shows the addition of 6,100 jobs. The report is a monthly measure of the change in total Canadian nonfarm payroll employment derived from actual, anonymous payroll data of client companies served by ADP Canada and measures more than two million workers in Canada.
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FEI Canada has created the Canada Private Company Committee, a national initiative to support our private company financial leaders who make up over 50% of FEI Canada’s 1,500 members. With four dynamic thought leadership groups focused on Private Company M&A, Finance, Multi-Generation Family Businesses, and Entrepreneur Successions and driven by an engaged volunteer committee of over 25 private company financial executives from across Canada, FEI Canada’s Private Company CFO Initiative is now Canada’s premier support and networking resource for financial executive members in the private sector.
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