In the US, they’re talking about another tech bubble. With LinkedIn, Pandora and Zillow already public and Facebook, Groupon, Twitter and FourSquare surely not far behind, the valuations are off the charts. In Canada, however it’s a different story. Canadian listed technology companies are still struggling in the considerable shadow of resource plays. So what would it take for tech to heat up again in Canada? This month, we look at three sparks that could ignite a tech rally on this side of the border.
First we look at the prospects of Canada’s “Tech Triangle” becoming the next Silicon Valley.
Then we look at how Alberta’s oil and gas technology has become the world’s best…
Finally, we talk to Steve Palmer of AlphaNorth Asset Management. As of their last update in June, The AlphaNorth Partners Fund was up 30.3% so far this year, and a whopping 160.6% over the past calender year. A $100,000 investment in the fund in January 2008 is now worth just under $400,000. Palmer recently increased the weighting of his technology holdings.
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