The Short Report - July 8, 2020: A new innovation hub for Toronto, National Bank doubles down on Nest Wealth, and more

Mark Mann
July 8, 2020

The Bank of Canada is partnering with the Bank for International Settlements (BIS) to launch a BIS Innovation Hub in Toronto; National Bank of Canada's venture-capital arm NAventures announced it will make an additional minority investment of up to $50-million in Toronto-based robo-advisor Nest Wealth; the federal government will invest $40 million over three years in the Union Training and Innovation Program; and more.

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