Wealthsimple launches fractional stock trades on investment platform
The Toronto-based fintech is offering customers the ability to buy portions of shares, in a move designed to make investing more accessible to regular consumers. (The Logic)
The Toronto-based fintech is offering customers the ability to buy portions of shares, in a move designed to make investing more accessible to regular consumers. (The Logic)
Apple is reportedly developing a new product called Apple Pay Later that would allow users of its payment app to make purchases in installments over time. Goldman Sachs will be Apple’s partner on the initiative, providing capital for the loans, Bloomberg’s sources said. (Bloomberg)
Gamblers wagered $73 million in settled bets via the company’s app in its fiscal third quarter, including a one-month high of $30.8 million in March. The Toronto-based firm had $8.9 million in sports-media revenue, up from $2.4 million from the same period in 2020 and almost $8.5 million in 2019. (The Logic)
An NDP-led government would recreate a publicly owned manufacturer of vaccines and drugs, leader Jagmeet Singh said Wednesday in Windsor, Ont., as he talked up the party’s promise to create over a million new jobs if it wins power in a possible fall election. (The Logic)
The company petitioned the U.S. Federal Trade Commission to remove Lina Khan “from participating in any decisions concerning whether and how to continue FTC’s antitrust case against the company.” (The Logic)
The Autorité de la concurrence said the company “disregarded several injunctions” related to its negotiations with three media groups over compensation for news content that appears in search results. It gave Google two months to make the publishers an offer. (The Logic)
The agreement could include Canada, and cover data use, trade facilitation and online customs systems, sources told Bloomberg. Other possible participants include Australia, Chile, Japan, Malaysia, New Zealand and Singapore. (Bloomberg)
Answering a formal query from privacy commissioner Daniel Therrien, a Federal Court judge said Canada’s Personal Information Protection and Electronic Documents Act (PIPEDA) covers the results of Google searches. (The Logic)
The company’s proposed Polaris CCS project would capture carbon dioxide from its Scotford refinery as part of the firm’s transition to net-zero emissions. (The Logic)
The Strategic Innovation Fund money will go toward the Mining Innovation Commercialization Accelerator Network, which will work with over 350 businesses to extend the lives of existing mines and dig out new mineral deposits faster. (The Logic)