Canadian Technology Stocks
Since April 2009, when Vancouver’s Cardiome (TSX:COM) signed a deal with US pharmaceutical giant Merck, it’s been all systems go. That was until October 21st, when a patient enrolled in the vernakalant, a drug designed to treat atrial fibrillation, or an abnormal heart rhythm, trial experienced cardiogenic shock and the trial was suspended. Shares of [...]
We get Daniel and Henrik Sedin, they get Nortel profits. Shares of Ericsson were up sharply on Friday after the Swedish telecom equipment maker reported a more than four-fold jump in net income to (US) $538 million. Ericsson has bought a whole host of Nortel assets of late, including the former Ottawa giant’s North American [...]
The war of words between Apple’s Steve Jobs and RIM Co-CEO’s Jim Balsillie and Mike Lazaridis is heating up. First there was the almost comical response to “antenna gate” -the iPhone reception problems that were mysteriously aided by a plastic case Apple announced it would give away after the debacle. Now it’s RIM’s response to [...]
In a now famous 1959 speech, John F. Kennedy, many leading linguists believe, misinterpreted the meaning of the Chinese word for crisis. The word is composed of two characters, he said, “One represents danger, and the other represents opportunity”. But this is mere historical nitpicking. JFK’s point stands for Presidents, motivational speakers and, not least of all, for technology. The high-profile visit of uber-environmentalist Jim Cameron to Alberta’s oil sands last month brought home the point that the world is expecting the industry to change and adapt -to make opportunity from its real or perceived crisis. This month we profile Canadian technology stocks that are changing the world of oil and gas by applying world class technology solutions.
In Alberta’s oil sands, it’s hard to trust a number. Oil sands fuel creates 82 percent more greenhouse gases than regular fuel, the U.S. Environmental Protection Agency estimates. Not so, says IHS Cambridge Energy Research Associates, who say that number is more in the range of five to fifteen per cent higher than the average [...]
On the morning of April 28th, 2008, Robert Colson, a heavy equipment operator with Syncrude, was working near the company’s Aurora tailings pond, a body of water used to process oil sands waste products that is located about 75 km north of Fort McMurray. Between 8:45 and 9 a.m, according to transcripts, Colson saw some [...]
The debate over whether carbon offsets work in the real world is a long, complicated and, ultimately, incomplete one. Some argue that the concept of ‘additionality”, the idea that the consumer is unaware whether an offset solution would have happened regardless of the additional funds, renders the market ripe for scandal. Others say carbon offsets [...]
Harold Kinasewich’s business life has been all about water. Kinasewich, now the President and CEO of Edmonton based Seair, founded O’Canada Spring Water and 02 Canada Beverages, companies that made oxygenated spring water. Understanding that technology led him to Seair, which develops technologies that diffuse gases into liquids. Seair’s diffusion system creates bubbles of ozone, [...]
Calgary’s Jim Letourneau is a geologist and investor with an eye for technology. As publisher and editor of Jim Letourneau’s Big Picture Speculator, Jim is as likely to comment on his favorite new iPad app as he is on the price of copper. Letourneau’s unique vantage point led him to Edmonton’s Wavefront Technologies (TSXV:WEE), a [...]
In the past five years broadcast technology has, arguably, advanced more than in the previous fifty. Last November, Fred Godard and Adam Adamou were two-thirds of an investor group that acquired about 20% of Ottawa’s International Datacasting (TSX:IDC), a more than two decades old broadcast technology firm that had appeared to have leveled off. Less than a year later, with Godard in place as President and CEO and Adamou as Executive Chairman, IDC reported one of its best quarters ever. We sat down with Adam and Fred to talk about the company Adamou calls a “25 year old startup”.
