Canada
Nickelback to Be Inducted Into Canadian Music Hall of Fame at 2023 Juno Awards
Nickelback will be inducted into the Canadian Music Hall of Fame as part of the 2023 Juno Awards. The show, which is Canada’s equivalent of the Grammys, will be held at Rogers Place in Edmonton, Alberta, on March 13. The band was formed in the town of Hanna, Alberta. “Returning home to Alberta, where everything started for us, is truly a full circle, milestone moment for the band,” Nickelback frontman Chad Kroeger said in a statement. “We take so much pride in our Canadian roots and are extremely humbled by this honour.” Nickelback will perform on the show as part of the tribute. It will be their sixth performance on the Junos. Since winning their first Juno in 2001 for best new group, Nickelback has amassed a total of 12 awards at the show. They won group of the year four times between 20...
Cory Marks Ready to Support a Major Tour, After 3-Year Pandemic Delay
After years of trying to sell his hard-charging sound to Canadian country radio, Cory Marks had finally found his hit song and opening tour slot to propel his career forward in 2020. The year prior he released his first bankable hit, “Outlaws and Outsiders” — an anthemic track produced by his new label boss and collaborator Ivan Moody from Five Finger Death Punch with features from country legend Travis Tritt and rock icon Mick Mars of Mötley Crüe. The song hit No. 1 on Billboard’s rock chart and helped earn him an opening slot for Canadian country legend Gord Bamford’s 2020 tour. Then the pandemic hit, and the breakout career of the former Royal Military College hockey player was temporarily put on ice. But after a three-year wait, Marks is returning to the road, opening for a...
Quebec’s energy manager to seek government approval to stop powering crypto miners
Hydro-Québec, the firm managing electricity across the Canadian province of Quebec, plans to reallocate energy supplied to crypto mining firms. According to a Nov. 3 tweet from Canadian lawmaker Pierre Fitzgibbon, the government will request a decree from the energy board to release the company from its obligation to power crypto miners in the province. Hydro-Québec allocated 270 megawatts toward the mining firms, but electricity demand in Québec is expected to grow to a point that powering crypto will put pressure on the energy supplier. The report Hydro-Québec filed with the government’s energy board on Nov. 1 said temporarily reducing the power provided to mining firms could help prevent threats to the “reliability and security” of energy for Québec residents. The distributor repo...
Canada to examine crypto, stablecoins, and CBDCs in new budget
The Canadian federal government is set to launch a consultation on cryptocurrencies, stablecoins, and Central Bank Digital Currencies (CBDCs) as revealed in its new mini-budget. The government’s “2022 Fall Economic Statement” released on Nov. 3 by Deputy Prime Minister Chrystia Freeland works as a fiscal update in conjunction with its main yearly budget. The statement included a small section on “Addressing the Digitalization of Money” that outlined the government’s crypto plans. It said the rise in cryptocurrencies and money digitalization is “transforming financial systems in Canada and around the world” and the country’s financial system regulation “needs to keep pace.” The statement opined that money digitalization “poses a challenge to democratic institutions around the world” h...
Don’t look down: the world’s most dangerous hikes
With bandits, molten lava and wild animals posing a threat, blisters are the least of your worries on the world’s most dangerous hikes From trekking across the treacherous windswept mountains of South Georgia to picking your way along the rickety walkways of Mount Hua Shan in China, these hikes are not for the fainthearted. 11 of the world’s most dangerous hikes Dizzying heights may be the least of your worries on the world’s most dangerous hikes. Instead, you have to prepare for extreme weather, erupting volcanoes and ferocious wildlife among other threats on these hair-raising trails. 1. Shackleton’s Route, South Georgia Island Biggest danger: Exposure, crevasses and a very remote location On 20th May 1916, Sir Ernest Shackleton and two others stumbled into the whaling station ...
Coinsquare acquires publicly traded crypto exchange CoinSmart
Canada’s crypto exchange landscape appears to be consolidating after Coinsquare, one of the largest digital asset trading platforms in the country, acquired CoinSmart for an undisclosed amount. On Thursday, Coinsquare announced that it had entered into a definitive agreement to purchase all issued and outstanding shares of CoinSmart’s wholly-owned subsidiary Simply Digital. Once the deal becomes final, CoinSmart will hold a roughly 12% ownership stake in Coinsquare on a pro-forma basis. Shares of the CoinSmart crypto exchange, which trade on the NEO Exchange, were up 67% on Friday, largely in response to the news. The acquisition makes Coinsquare one of Canada’s largest crypto exchanges and expands its operational and business capabilities. Founded in 2014, Coinsquare has expanded it...
The Ultimate Electronic Music Fan’s Canadian Bucket List
With an enormous dance music scene and crowds as passionate as ever, Canada is the perfect hub for rave experiences of all shapes and sizes. If you’re a diehard electronic music fan living in Canada or are thinking of traveling to enjoy the vibrant scene in one of its cultural and metropolitan hubs, we’ve got you covered. Here’s our ultimate electronic music fan’s Canadian bucket list guide for the best cities to visit, clubs to attend and places to stay. Toronto Toronto, Canada’s most populated city, offers a myriad of options for tourists and residents alike. We recommend staying at Samesun Toronto, which is conveniently located in the heart of the city and 15 minutes by foot from the beloved CODA nightclub. Use the discount code “PARTYTIME” for 10%...
Pierre Kwenders Wins 2022 Polaris Music Prize for Best Canadian Album
Congolese-born, Montreal-based musician, songwriter, and DJ Pierre Kwenders has won the 2022 Polaris Music Prize for his third album, José Louis and the Paradox of Love. An 11-member jury selected the record as the Canadian album of the year, based on artistic merit, without regard to genre, sales, or record label. The announcement was made at the Carlu in Toronto on Sept. 19 — Polaris’ first in-person celebration since 2019. In his acceptance speech, Kwenders thanked family, friends, and collaborators who contributed to the telling of his journey: “This is for all the kids from the diaspora… This is my story. This is my African story, my Congolese story, my Canadian story. This is your story if you want to take it as yours.” José Louis and the Paradox of Love — José ...
“Where Friends Become Family”: Friendzy Fest Returns for Successful Sophomore Year
Last month, friends from near and far retreated to Rangton Park, Alberta for the second edition of Friendzy Fest. Hosted during the peak of summertime in the Canadian prairies, the intimate dance music gathering took place on a campground just outside of Evansburg, alongside a meandering river. Boasting two stages this year, the Friend Den and a new beach stage dubbed Havoc on the Beach, the fest featured music around the clock. During the daytime, Havoc on the Beach set the mood while attendees got to know one another, decompressed and cooled off by the river. In the afternoon and evening, the Friend Den came to life, conveniently located close to camp. Kicking things off on Thursday at the Friend Den, standout performances included sets from Woofax and Zovah. On Friday, the B...
Bear market uncertainty is the perfect time to build and learn, says Sato exec
The decisions made by companies during bear markets play a pivotal role in determining their longevity in the crypto ecosystem. Representing Canadian Bitcoin (BTC) mining firm Sato Technologies, COO Fanny Philip revealed what it takes to survive the bearish loom as the market prepares for the next bull run. Speaking to Cointelegraph during the Surfin’ Bitcoin 2022 event in France about the impact of bear markets on business, Philip said now is the time for mining companies to build and learn. Sato is a digital assets mining company, publicly traded on the Toronto Stock Exchange (TSXV) since Sept. 2021 and mines both Bitcoin (BTC) and Ether (ETH). Philip further told Cointelegraph about the initial challenges of setting up in the industry despite entering the space during a bull marke...
Canadian regulatory council creates new preregistration filing for crypto platforms
The Canadian Securities Administrators (CSA), the council of provincial and territorial securities regulators, announced Monday that crypto trading platforms will be expected to provide a preregistration undertaking to their principal regulators as they take steps to comply fully with securities regulation. Two platforms, Crypto.com and the Canadian platform Coinsquare Capital Markets, have already filed those undertakings. Trading platforms will be expected to agree in the undertaking to comply with terms and conditions relating to investor protection. Filing the undertaking will allow crypto trading platforms to continue operating during the review of their applications for registration with the CSA. The new undertaking is part of the “interim approach” introduced in the guida...
Crypto Biz: A Futurist take on crypto
You might not know it, but Canada is quietly becoming a major player in the blockchain and crypto scene: Ethereum has strong Canadian roots, Toronto-based 3iQ launched North America’s first physically-settled Bitcoin (BTC) exchange-traded fund (ETF) and the percentage of active crypto holders in the country has increased steadily over the past two years. Against this backdrop, I had the pleasure of attending this year’s Blockchain Futurist Conference in Toronto, where I got to moderate two panels on rebuilding the financial system through Web3 and onboarding the next wave of crypto users. The event served as another reminder that the industry’s brightest minds are still building amazing products despite current market conditions. Not to sound overly cliche, but it’s hard to be b...
