VENTURE CAPITAL POST

The Toronto Real Estate Board released sales statistics that show an increase of 23% year-over-year on home prices in November. The Toronto region has experienced strong price gain, and TREB has urged the government to launch initiatives focused on alleviating the lack of supply.

Ontario government is overhauling with some of the financial regulatory bodies.

DBRS Ltd, the privately held credit rating agency that competes with Standard & Poor's Financial Services LLC, Moody's Corp and Fitch Ratings Inc, is exploring a sale, according to people familiar with the matter.

Toronto, Canada-based medical photo and information sharing app Figure 1 released new features yesterday to give doctors ability to create better profiles and allow them to collaborate with other users on different medical cases.

Toronto, Canada-based accelerator Bitcoin Decentral launched Bitcoin Decentral Accerate, the first Bitcoin startup accelerator in the world, which is now accepting online applications from startups.

Toronto, Canada-based personalized comic strip app Bitstrips is raising $15 million in a Series B funding round reportedly led by Kleiner Perkins Caufield & Byers to address growth and scaling issues.

Toronto, Canada-based games creator Big Viking Games seeks to buy back Yoville from Zynga in a bid to avoid the game's early death, since the latter announced it would shut the game down on March.

Cork, Ireland-based product development services provider PCH International acquired Toronto, Canada-based e-commerce platform ShopLocket for an undisclosed amount to provide development solutions for hardware startups.

OpenText Corp.'s shares rose to record high USD7.77 after its announcement to buy GXS Group Inc.

Brookfield Canada Office Properties acquired Toronto's Bay Adelaide Centre East Development for Ca$602 million.

Canada's banks are striving to make Toronto a yuan currency trading hub, which would a first in North America.