An enormous increase in IT capabilities and an even more substantial drop in price has driven businesses to sink more money into information and communications technology than almost any other type of asset over the last two decades, according to a recent Statistics Canada report.
Stream Intelligent Networks went into receivership Monday, following a month that saw the company run up $400,000 in losses and approximately $13 million in debt to a past investor.
A bigger investment in U.S. government security means Canadian technology companies that normally supply the Canadian government should consider looking south for new business.