How TikTok leverages arts partnerships to counter Canadian government actions
Last November, the federal government ordered TikTok to close its Canadian offices. The company, owned by China-based ByteDance, swiftly launched a legal challenge. At issue, according to officials like Industry Minister François-Philippe Champagne, were 'clear and legitimate national security concerns.' The government made a point of saying that Canadians could still access and use TikTok. It was the company's physical presence, its offices and employees, that was deemed the threat
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The Province
an hour ago
- The Province
Pre-loved children's clothes find a home at Montreal-based Petits Heritiers
Reviews and recommendations are unbiased and products are independently selected. Postmedia may earn an affiliate commission from purchases made through links on this page. This advertisement has not loaded yet, but your article continues below. Create an account or sign in to continue with your reading experience. THIS ARTICLE IS FREE TO READ REGISTER TO UNLOCK. Create an account or sign in to continue with your reading experience. Subscribe now to read the latest news in your city and across Canada. Subscribe now to read the latest news in your city and across Canada. THIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLY For this reason, the turnover of children's clothing can be rapid. A Montreal-based boutique and online platform is looking to ease the strain of buying and selling pre-loved pieces — for kids and even parents — including clothing, shoes, accessories and more. Article content We caught up with Petits Héritiers founder Lilian Boisvert, a mom and entrepreneur with more than a decade of experience working in fashion and international marketing, to learn more. Q: For those who aren't familiar, what is Petits Héritiers? A:Petits Héritiers, French for 'Little Heirs,' is a Montreal — based boutique and online platform offering a carefully curated selection of high‑quality, pre‑loved children's clothing. Rooted in sustainability, style and community, Petits Héritiers 'drops' fresh arrivals online every Wednesday at noon EST — featuring eco‑conscious favourites like Bobo Choses, Tinycottons, The Simple Folk, Patagonia, Wheat, Liewood, Mini Rodini and Fairechild. Petits Héritiers makes it effortless for parents to buy, wear and resell beautiful pieces — ensuring well-made pieces find new little heirs to wear them. Q: What makes it unique?
Globe and Mail
3 hours ago
- Globe and Mail
Nvidia Stock Sees Bullish Momentum as Analysts Raise Price Targets
Nvidia Corp (NVDA) Nvidia (NVDA) continues to attract strong support from analysts, with several firms raising their price targets and reiterating bullish ratings which comes on the heels of Nvidia has announcing it will resume sales of its H20 AI chips to China after receiving U.S. government approval, marking a reversal of previous export restrictions that had cost the company billions in lost sales. The move is tied to broader U.S.-China negotiations, particularly around rare-earth trade, and aims to strike a balance between economic interests and national security concerns. The H20 chips are specifically designed to comply with U.S. export controls, limiting their military applications. While some U.S. lawmakers have criticized the decision, the White House supports it as a way to cap Huawei's technological advancement without giving China access to Nvidia's most powerful AI chips. The news sparked a 4–5% jump in Nvidia's stock on Tuesday, while CEO Jensen Huang praised Chinese AI development during a recent visit to Beijing, emphasizing that American chips should power global AI innovation. Analyst Coverage Updates On July 16, 2025, Jefferies Financial Group raised its price target on Nvidia from $185 to $200,. Bank of America also expressed strong confidence in Nvidia, lifting its target from $180 to $220, also on the 16th. Again on July 16th, Needham & Company LLC maintained its Buy rating while raising its 12-month price target from $160 to $200. On July 15, 2025, Mizuho reiterated its Outperform rating and increased its target from $185 to $192. Also on July 15, Oppenheimer reaffirmed its Outperform rating and lifted its price target from $175 to $200. Together, these analyst actions underscore a clear theme: Nvidia remains a top-tier pick in the tech space, driven by strong fundamentals, leadership in next-gen computing, and continued demand across multiple industries. The series of raised targets suggests analysts expect Nvidia's earnings and revenue to keep pace with its ambitious innovation roadmap. Analysts have a consensus 'Firm Buy' rating on Nvidia's stock, with the most recent average 12-month price target set at $204 per share, reflecting continued confidence in the company's growth prospects.
Globe and Mail
3 hours ago
- Globe and Mail
Daunted by geopolitics and trade war, US companies in China report record-low new investment plans
WASHINGTON (AP) — American companies in China are reporting record-low new investment plans for this year and declining confidence in their profitability, with uncertainty in U.S.-China relations and President Donald Trump's tariffs their top concerns, according to a survey released Wednesday. The companies are also challenged by China's slowing economy, where weak domestic demand and overcapacity in local industries are eroding profitability for the Americans. 'Businesses in China are less profitable now than they were years ago, but risks, including reputational risk, regulatory risk, and political risk, are increasing,' said Sean Stein, the president of the U.S.-China Business Council, a Washington-based group that represents American companies doing business in China, including major multinationals. The survey, conducted between March and May and drawing from 130 member companies, came as the two countries clash over tariffs and non-tariff measures, including export controls on critical products such as rare-earth magnets and advanced computer chips. Following high-level talks in Geneva and London, U.S. and Chinese officials agreed to pull back from sky-high tariffs and restrictions on exports, but uncertainty persists as the two sides are yet to hammer out a more permanent trade deal. Kyle Sullivan, vice president of business advisory services at the USCBC, said more than half of the companies in the survey indicated they do not have new investment plans in China 'at all' this year. "That's a record high,' Sullivan said, noting that it is ''a new development that we have not observed in previous surveys.' Around 40% of companies reported negative effects from U.S. export control measures, with many experiencing lost sales, severed customer relationships, and reputational damage from being unreliable suppliers, according to the survey. Citing national security, the U.S. government has banned exports to China of high-tech products, such as the most advanced chips, which could help boost China's military capabilities. Stein argued that export controls must be very carefully targeted, because businesses from Europe or Japan, or local businesses in China would immediately fill the void left by American companies. Silicon Valley chipmaker Nvidia won approval from the Trump administration to resume sales to China of its advanced H20 chips used to develop artificial intelligence, its CEO Jensen Huang announced on Monday, though the company's most powerful chips remain under U.S. export control rules. While 82% of U.S. companies reported profits in 2024, fewer than half are optimistic about the future in China, reflecting concerns over tariffs, deflation, and policy uncertainty, according to the survey. Also, a record high number of American businesses plan to relocate their business operations outside of China, Sullivan said, as 27% of the members indicated so, up from 19% the year before. In a departure from past surveys, concerns over China's regulatory environment, including risks of intellectual property misuse and lack of market access, didn't make it to the top five concerns this year. That's likely a first, and not for a good reason, Stein said. 'It is not because things got dramatically better on the Chinese side, but the new challenges, often coming from the U.S., are now posing as much of a challenge,' Stein said. Almost all the American companies said they cannot remain globally competitive without their Chinese operations. A survey from the European Union Chamber of Commerce in China in May found that European companies were cutting costs and scaling back investment plans in China as its economy slows and fierce competition drives down prices.
