By Maria Smirnova, Senior Portfolio Manager, Sprott Asset Management
We live in unprecedented times. As the world’s population grows and industrialization takes hold in more corners of the world, climate change is accelerating, and, in response, humanity’s concern for our planet’s health is growing. The teenage activist Greta Thunberg put it best: “I want you to act as if the house is on fire, because it is.” [1]
As clean energy initiatives gain traction, greater attention is being paid to the critical roles of various metals and minerals. Access to these valuable materials has become critically important, which is why several resource-rich nations, including Canada and Australia, have joined the United States in establishing the Energy Resource Governance Initiative (ERGI), an alliance to disseminate best practices for discovering and developing reserves of minerals used to make electric vehicles.[2]
A first-of-its-kind reward program in Canada
VANCOUVER, British Columbia–(BUSINESS WIRE)–Mogo Inc. (NASDAQ:MOGO) (TSX:MOGO) (“Mogo” or the “Company”), a digital payments and financial technology company empowering the next generation of consumers, today announced that their first-of-its-kind bitcoin rewards program has been extended to include the Mogo Visa Platinum Prepaid Card (“MogoCard”) and digital spending account. Beginning this month, members will earn 1% bitcoin cashback rewards for every purchase made on their MogoCard. Their rewards will be deposited monthly in cash directly into their bitcoin and rewards account.
The 1% bitcoin cashback rewards program is available exclusively to members who refer a friend to Mogo. This unique reward is another compelling feature of the MogoCard, which is also the first and only card in Canada (debit, credit or prepaid) with a carbon offset program that automatically offsets CO
Press release content from Business Wire. The AP news staff was not involved in its creation.
Neo Financial Teams Up With Concentra Bank to Offer Neo Savings, the First Canadian Fintech to Offer a CDIC-Eligible High-Interest Savings Account
January 13, 2021 GMT
CALGARY, Alberta (BUSINESS WIRE) Jan 13, 2021
Neo Financial (Neo), a Calgary-based fintech company created by two of the co-founders of SkipTheDishes, has announced a first-of-its-kind collaboration with Concentra Bank (Concentra), a Schedule 1 bank that is quietly fuelling innovation. Through this relationship, Neo is the first Canadian fintech company to offer a CDIC-eligible high-interest savings account that works like an everyday banking account. The accounts are held at Concentra, a Canada Deposit Insurance Corporation (CDIC) member bank. Together, Neo and Concentra have opened the door for innovation that has historically not been accessible within Canada’s consumer banking sector.