Organization: Century Initiative

The Short Report, October 30, 2019: Bad loans, rocket propulsion, population growth

The Atlantic Canada Opportunities Agency (ACOA) is contending with defaulted loans worth $43.2 million dollars, comprising more than 10% of the federal agency’s $422.9-million portfolio. By comparison, only 3.3 per cent of the loans given out by the Business Development Bank of Canada were impaired as of March 31. – Financial Post University of Toronto’s seed-stage accelerator…