Ontario launches $200M technology fund
A government source says the $200 million will help drive private investment into emerging Ontario technology companies and other high-tech businesses.
The fund was set up because of serious challenges that new technology companies face in raising venture capital due to tight credit markets.
The source says without access to capital, these companies cannot grow and create jobs in Ontario.
The announcement will be targeted to companies working in clean technology, life sciences, and digital media and communications technology.
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Nord Stream: Norway and Denmark tighten energy infrastructure security after gas pipeline 'attack'
OSLO - Norway and Denmark will increase security and surveillance around their energy infrastructure sites after the alleged sabotage of Russia's Nord Stream gas pipeline in the Baltic Sea.
Major leaks struck two underwater natural gas pipelines running from Russia to Germany, with experts reporting that explosions rattled the Baltic Sea beforehand.
Norway -- an oil-rich nation and Europe's biggest supplier of gas -- will strengthen security at its land and offshore installations, the country's energy minister said.
The Scandinavian country's Petroleum Safety Authority also urged vigilance on Monday after unidentified drones were seen flying near Norway's offshore oil and gas platforms.
"The PSA…
