Dragons’ Den star Michele Romanow bracing ‘for the worst’ as her fintech Clearco adjusts to tech slump

Dragons’ Den star Michele Romanow bracing ‘for the worst’ as her fintech Clearco adjusts to tech slump

Michele Romanow, co-founder of Clearco, addresses the audience during the last day of the Web Summit 2021 in Lisbon.Bruno de Carvalho/Reuters Dragon’s Den star Michele Romanow is feeling the heat of worsening market conditions at the high-profile lending startup she runs, CFT Clear Finance Technology Corp. The Toronto e-commerce merchant financier, known as Clearco, stopped … Read more

NASA Reveals Ambitious New Plan to Detect Signs of Life on Distant Planets

NASA Reveals Ambitious New Plan to Detect Signs of Life on Distant Planets

NASA’s Institute for Advanced Concepts is famous for supporting outlandish ideas in the astronomy and space exploration fields. Since being re-established in 2011, the institute has supported a wide variety of projects as part of its three-phase program. However, so far, only three projects have gone on to receive Phase III funding. And one of … Read more

The Canadian Government Will Not Fund New LNG Terminals

The Canadian Government Will Not Fund New LNG Terminals

Canada will not financially support two proposed LNG export projects, although it will help with the negotiations with the prospective buyers in Germany, Natural Resources Minister Jonathan Wilkinson told the Globe and Mail in an interview. Demand for LNG has soared this year as EU members seek to reduce their energy dependence on Russia. After … Read more

Oil Sands Financing From Canadian Banks Doubles

Oil Sands Financing From Canadian Banks Doubles

Despite pledges of net-zero portfolios, Canadian banks doubled their funding for Canada’s oil sands production and related projects to $16.8 billion last year, according to data from a recent report by environmental groups crunched by the Financial Times. Bank financing for 30 top oil sands production companies and six key oil sands pipeline companies increased … Read more