Sila Nanotechnologies and its battery materials manufacturing technology are now worth more than $1 billion.
The company, which announced a $170 million funding led by Daimler and a partnership with the famed German automaker, started building out its first production lines for its battery materials last year. That first line is capable of producing the material to supply the equivalent of 50 megawatts of lithium-ion batteries, according to Sila Nano’s chief executive officer Gene Berdichevsky.
That construction, made on the heels of a $70 million…Click here for full article.
With a few notable exceptions, the world is rapidly aging.
Today’s infographic, which was shared by Bill Gates on Reddit, shows this incredible explosion in age and how different countries contrast with one another on this demographic metric.
While aging populations in Europe, North America, and Asia stand out…Click here for full article and infographic.
Canada’s main stock index hit an all-time high on strength in the health-care sector, which includes many of the country’s big cannabis companies, as well as gains in the financial and industrial sectors.
The S&P/TSX composite index was up…Click here for full article.
When Statistics Canada publishes the Labour Force Survey early each month, the number that makes the headlines is the net change in employment, or maybe the jobless rate.
Stephen Poloz, the Bank of Canada governor, probably only glances at those figures. He’s interested in more granular elements of the report. For example, as an audience in Moncton heard on Sept. 27, the youth participation rate is an indicator he watches “particularly closely.” You never see…Click here for full article.
Ottawa’s new mortgage stress tests accounted for at least half of the decline in new mortgages started last year, according to a new report by CIBC that calls for the measure to be revisited amid a falling housing market.
The total value of new mortgages fell by…Click here for full article.