Billion dollar weather business 🌡️— Teck and Glencore tussle. Foxconn could come to Canada. And a new weather business hits the market.
The Peak Daily
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The Future of Weather Forecasting
IBM is reportedly expecting bids of over $1 billion, likely coming from private equity firms. As extreme weather events become more frequent, the forecasting business has immense growth potential. With severe weather on pace to cost the Canadian economy $139 billion by 2050, private weather companies will find lots of customers.
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