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Canadian exports to increase 7% in 2016: EDC forecast

A strengthening American economy and an anticipated increase in the price of oil will drive significant growth in Canadian exports in 2016, according to an Export Development Canada outlook report released November 3.

A 9% increase in shipments to the United States will be the major factor behind an overall increase of 7%. This follows a 1% drop in total exports this year due to the slump in oil prices.

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The top 1% made more than 10% of Canada’s total income in 2013: StatsCan

Canadian taxfilers with earnings in the highest 1% saw their share of total income across the country hold steady between 2012 and 2013.

In total, there were 264,030 individuals that made up the top 1% in the country in 2013, and this group earned 10.3% of the country’s total income—the same percentage as in 2012—according to Statistics Canada data released November 3. On average, taxfilers in this group made $454,800 in 2013—up $5,600 or 1.2% between the two years, which is the same percentage increase as seen, on average, by all Canadian taxpayers.

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How Ryan Holmes has kept Hootsuite in Vancouver

Around the world, Hootsuite is famous for its social media dashboard, the go-to for companies managing multiple Facebook and Twitter accounts—which, these days, is pretty much all of them. But here in B.C., the company is known for another rather remarkable accomplishment: staying home.

The Vancouver-based tech titan went from 20 employees to its current headcount of 800 in just four years, evolving from a young startup into a major local employer—all the while promising not to skip town. Often, the story for our tech startups ends much sooner: the company sells for $50 million, deciding it doesn’t have the resources it needs in Vancouver to become the next Facebook. So how does a company like Hootsuite—founded in Gastown in 2008 by Ryan Holmes—stay and grow so significantly?

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