Author name: Magnolia

Chandrima Deuri Sikka, a seasoned professional in the smart home and custom integration (CI) industry, shares key career lessons from her journey at Somfy. With nearly a decade of experience, she has played a significant role in developing innovative smart home solutions. Her journey began with a four-year undergraduate degree in product design from the […]

On March 12, 2025, the Bank of Canada reduced its key policy rate by 25 basis points to 2.75%, marking the seventh consecutive rate cut in nine months. This decision aims to mitigate potential economic damage from recent U.S. tariffs imposed by President Donald Trump, including a 25% tariff on all steel and aluminum imports.

We’re thrilled to share that the Somfy Sonesse 40 PoE Motor has been recognized as the 2025 TNT Award Winner for Automation Components by both CE Pro and Commercial Integrator! 🚀👏 Dan Niemirka, Senior Product Manager at Somfy, shares:“We are proud to have the Somfy Sonesse 40 PoE Motor recognized… This is our strongest and

Deaglo has launched the FX Assistant, the first AI-driven tool designed to help financial professionals optimize FX risk management. This cutting-edge solution delivers real-time insights, scenario analysis, and predictive modeling, empowering businesses to make smarter currency decisions. Ashley Groves, CEO of Deaglo, shares:“For the past four years, Deaglo has served as a crucial bridge between

Nvidia Corp. has reported strong financial results for the fourth quarter of fiscal year 2025, driven by robust demand for its new Blackwell AI chips. The company achieved a record quarterly revenue of $39.3 billion, a 78% increase from the previous year, with $11 billion attributed to Blackwell sales—the fastest product ramp in Nvidia’s history.

As of February 2025, the Canadian housing market faces increased uncertainty due to potential U.S. tariffs on Canadian imports. While lower interest rates and recent changes to mortgage rules have improved borrowing conditions, the looming threat of a trade war introduces significant economic unpredictability. BlueShore Financial advisor Justin Prasad notes that the situation has become

Lawyers from Robins Appleby recently gave comments on Canadian Lawyer regarding the federal criminal interest rate. As of January 1, 2025, the Canadian federal government has lowered the criminal interest rate from an effective annual rate (EAR) of 60% (approximately 48% annual percentage rate, APR) to 35% APR, aiming to curb predatory lending practices. Despite

FinTech company Deaglo has announced that its foreign exchange (FX) platform is now available as a white-label solution for financial institutions. This AI-powered platform integrates real-time data to optimize FX risk management and hedging strategies, enhancing decision-making and reducing costs. According to CEO Ashley Groves, the platform was developed to address inefficiencies in how financial

Justin Prasad, a financial advisor at BlueShore Financial, told Canadian Mortgage Professional that political uncertainty is affecting consumer confidence, similar to what happened during Trump’s 2016 election. While the spring housing market is expected to improve compared to 2024, it may still be sluggish, especially for apartments and townhouses. Prasad noted that the choice between