Chatsworth Products Opens Canadian Office in Toronto

Global manufacturer of IT equipment Chatsworth Products has expanded its North American reach this month with the grand opening of its first Canadian sales office and showroom. 

CPI, an employee-owned company that manufactures voice, data and security products, as well as service solutions that optimize, store and secure technology equipment, hosted this company landmark under the theme, “CPI Enters the ‘Great White North.’”

The centre is located in the Toronto suburb of Vaughan and spans 3,800 square feet.

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HP to Lay Off 27,000 Employees, Impact on 28 Canadian Offices Unclear

Palo Alto headquarterd Hewlett-Packard announced today plans to lay off 27,000 employees as part of its long-term restructuring plan.

The company will shed about 8% of its workforce through a combination of layoffs and retirement offers that started last October and will continue through the end of its 2014 fiscal year.

Employee reduction plans vary by country. While HP operates 28 offices across Canada, it is not clear what impact the layoffs would have in Canada yet.

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Canadian Startup is Auctioning its Own Platform Through its Own Platform

Montreal's Pibster is a reverse auction platform that wants users to sell anything and everything through social media, starting with Twitter.

The premise is simple: a user sets a high price, and every time someone tweets that auction item, the price decreases by a fixed amount until someone clicks buy (assuming someone is interested before it hits the reserved minimum price).

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Calgary Plugs into Accelerator Craze with Big Silicon Valley Partner

Calgary's Boast Capital announced today a partnership with Saeed Amidi and the Plug and Play Tech Center to launch Startup Camp Canada.

The hybrid accelerator program will provide Canadian startups acceleration time in both Calgary and Silicon Valley and access to over 180 Silicon Valley venture capital firms and angel investors such as Accel Partners and Sand Hill Angels, world class entrepreneurs from companies such as YouTube and Skype, and a community of leading universities and corporate partners.

Startup Camp Canada will be launched in two phases.

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