The 25 Most Innovative Companies of 2024
Canadian Business Magazine | Your Source For Business News
by CB Staff
11h ago
In the past year, businesses have had to navigate a landscape marked by whiplash-inducing technological advancements, undeniably urgent evidence of climate change and ever-shifting consumer values that increasingly prioritize social responsibility. The companies that simply keep up with digital transformation, sustainability best practices and workplace wellness trends can survive, but it takes a future-focused commitment to driving meaningful impact to truly thrive in 2024 and beyond. Together with judges Krista Jones, interim CEO of MaRS Discovery District, and Takara Small, award-winning te ..read more
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What went down at CB’s Virtual Fireside Chat with Adam Froman, Founder and CEO of Delvinia
Canadian Business Magazine | Your Source For Business News
by CB Staff
1d ago
This month, CB Insider welcomed Adam Froman, the founder and CEO of Delvinia, for a virtual fireside chat. In conversation with Jason Maghanoy, head of business development at SJC Media and publisher of Canadian Business, the two chatted about how Delvinia has evolved alongside digital technology and what the future of digital business in Canada looks like. The chat kicked off with Froman sharing his career journey: first earning a degree in engineering with an emphasis on human factors before earning an MBA in finance and entrepreneurship. It was then that he discovered his passion for digita ..read more
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Navigating the Future of Finance: The Intersection of Technology and Creativity
Canadian Business Magazine | Your Source For Business News
by CB Staff
1w ago
In an era where the pulse of finance is increasingly dictated by technological advancements, the industry stands at a crossroads. The trajectory of financial services is no longer solely in the hands of traditional banking institutions or even fintech disruptors. Instead, it lies at the intersection of two seemingly disparate realms: technology and creative. This fusion, which weaves together the analytical prowess of tech with the nuanced, human-centric approach of creativity, is a paradigm shift, signaling a new chapter in the evolution of finance. Making Things Accessible, Human and Underst ..read more
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From Zero to Tool Industry Dominance: Milwaukee Tool’s Innovative Path to Industry Leadership
Canadian Business Magazine | Your Source For Business News
by CB Staff
1w ago
How do you transform a 100-year-old brand like Milwaukee Tool, taking it from the back of the pack in market share to the leading maker of professional power tools and equipment? “You don’t do it by setting goals you know you can achieve,” says Craig Baxter, group president of TTI Canada. “Very little that’s great has ever been achieved by setting easily achievable goals, I’m a strong believer in audacious goals,” says Baxter. “I love that word. An audacious goal changes everything. It changes the way you think, the way you plan, the way you behave. It changes your entire approach.” Sixth in a ..read more
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Canadians Love Loyalty, but They’re Most Loyal to a Deal
Canadian Business Magazine | Your Source For Business News
by CB Staff
2w ago
Faced with decades-high inflation, Canadians are changing how often they shop, where they shop, and what they buy as they follow deals and lean into loyalty programs. Yet brands and loyalty programs have been slow to respond, acknowledging the shift with solutions that empower consumers.  “In a challenging economic climate marked by mindful spending, retailers need to offer all of the extra value that they can,” says Shawn Stewart, President at AIR MILES. “We know that Canadians are members of more than 13 loyalty programs and active in seven. Instead of fighting against that reality, we ..read more
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Are Canada’s Small Businesses Ready to Embrace the Promise of AI?
Canadian Business Magazine | Your Source For Business News
by CB Staff
2w ago
As any small business owner will tell you—and there are many, as 1.21 million of Canada’s 1.22 million employer businesses are small- and medium-sized enterprises (SMEs)—running an SME isn’t for the faint of heart. These businesses have an outsized impact on the markets they support, contributing significantly to Canada’s economic success, and doing it all with access to fewer resources than their enterprise neighbours. Small business owners need all the tools and support that they can get to optimize productivity, efficiency and agility. AI is a powerful tool that can help small business owne ..read more
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How Sisters are Growing Their Fourth Generation Farm
Canadian Business Magazine | Your Source For Business News
by CB Staff
2w ago
For the Schooley family, embracing their farming roots while looking for new possibilities paved the way to a sustainable future. Apple Hill Lavender Farm is an agritourism destination in Norfolk County boasting an on-site boutique in an historic barn, as well as five acres of rolling lavender fields and a picturesque apple orchard. The agritourism business is just part of their larger family farm. Schooley Orchards Limited was established in 1906 and is now transitioning to the fourth generation. And when it comes to succession planning, it’s no easy feat. Seventy per cent of family-run organ ..read more
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What to Expect from the Economy in 2024 with Michelle Meyer of Mastercard
Canadian Business Magazine | Your Source For Business News
by CB Staff
3w ago
Higher interest rates and inflation have become a reality for Canadians. Will 2024 bring relief? And how will the still-uncertain landscape affect economic growth and consumer spending this year? Michelle Meyer, chief economist at Mastercard and head of the Mastercard Economics Institute, discusses her outlook for the Canadian and global economies in 2024—and how consumers may face tough choices, but not without some signs of positive change on the horizon. What is the global economic backdrop for 2024? For the global economy, 2024 should be marked by easing inflation pressures across mos ..read more
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CPAs Are in Demand—Not Just in Tax Season
Canadian Business Magazine | Your Source For Business News
by Cassandre Cadieux
1M ago
Tax season is underway and, for many Canadians, this time of year can be stressful. Amid the fiscal maze of ever-changing tax rules, filers consistently turn to one source for clarity:  the chartered professional accountant. CPAs are increasingly in demand for tax advice, particularly when it comes to navigating new or complex filing requirements such as reporting obligations for everything from trusts to underused housing. Demand for the specialized skills and expertise CPAs provide to businesses—including data analytics, management consultation and core governance and decision-making ca ..read more
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What Went Down at the TL Insider and Amazon Canada Event Celebrating Black History Month
Canadian Business Magazine | Your Source For Business News
by Calvin Vuong
1M ago
On February 27, TL Insider, Amazon Canada and TECHNATION Canada marked the final week of this year’s Black History Month with an evening of celebration and recognition of the ongoing contributions of Black leaders, artists and entrepreneurs, hosted at Amazon’s downtown Toronto Tech Hub.  Toronto-based R&B artist Joël Lobban set the tone for the night, opening the event with an intimate stripped-down performance that included the new track “Wait For Me” from his 2024 EP I Still Think About You.  R&B singer songwriter Joël Lobban and guitarist. Donna Alexander, Amazon’s Program ..read more
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