Companies & Industry
InPlay Oil Corp., a Calgary based junior oil and gas producer, confirmed a monthly cash dividend of C$0.09 per share on November 2, 2026. The move maintains a steady payout pattern that has become central to the companys appeal for income oriented investors and highlights how smaller Canadian oil companies are prioritizing shareholder returns amid volatile commodity markets.
The federal government announced on October 29 that it will invest up to C$1.6 billion for an ownership stake in Toronto-founded AI company Cohere, joining a multibillion dollar funding round aimed at keeping the company anchored in Canada and expanding its capacity for regulated industries.
49North, a recently launched Canadian defence subsidiary of MDA Space, announced an October 27 memorandum of understanding with Ukrainian counter‑drone developer UNWAVE to explore joint production, integration and in‑service support of counter‑uncrewed aerial systems. The deal signals a push to build Canada‑based industrial capacity for counter‑UAS while deepening Ottawa’s defence trade ties with Kyiv.
U.S.-listed Ovintiv announced on October 26, 2026 that it will acquire Calgary-based Logan Energy in an all-cash transaction valuing the company at about C$1.26 billion, adding roughly 266,000 net acres and near-term oil production in the Montney formation.
Prime Minister Mark Carney announced on October 25, 2026 that the Crown Prince of Abu Dhabi will visit Ottawa October 26 to 27, a short state visit explicitly framed around expanding trade, investment and sector partnerships that Ottawa hopes will channel Gulf capital into Canadian energy, infrastructure and technology projects.
The federal government on October 21 issued a new Cabinet Directive that forces regulators to offset regulatory cost increases with larger cuts, seeks faster repeal of outdated rules and aims to make Canada more attractive for investment and exports. Businesses and advocacy groups welcomed the move, but analysts warn implementation and legal limits will determine the impact.
EverWind Fuels says it will build a C10 billion data centre and wind portfolio at Point Tupper, Cape Breton, and has signed a long term lease with AI company Anthropic to host Claude model capacity, a deal developers call the largest private investment in Nova Scotia history.
EverWind announced on October 16, 2026 a privately funded plan to invest more than C$10 billion to build an AI-focused data centre campus at Point Tupper and expand onshore wind generation in Nova Scotia. The proposal brings large-scale private capital and local revenue promises, while raising questions about grid capacity, water use, and long term local benefits.
The federal government on October 15, 2026 pledged 100 million to advance Wind West, a Nova Scotia led offshore wind and transmission initiative, funding site characterization, transmission modelling and early-stage marine surveys ahead of a winter 2027 call for bids.
Canadian Imperial Bank of Commerce said on October 14, 2026 that it will list 11 new U.S. Canadian Depositary Receipts on the TSX, increasing the bank’s CDR roster and giving Canadian investors lower priced, Canadian dollar exposure to a broader set of U.S. companies.
Czechoslovak Group acquired a 9.5 percent holding in Toronto and New York listed MDA Space on October 13, 2026, marking a major foreign strategic investor entry into Canada’s space sector and raising questions about industrial partnerships, supply chains and national security.
Discovery Mining agreed to acquire McEwen Inc.s Fuller project and a 60 percent interest in Paymaster, expanding land next to the Dome Mine in Timmins and creating scope for new processing and tailings infrastructure.
On October 9, 2026, Ottawa took its case to manufacturers in Quebec, promoting a permanent Productivity Mega Deduction that officials say will cut the marginal tax on new business investment roughly in half and strengthen Canada’s appeal for capital spending.
Intermap on October 7 closed its acquisition of PCI Geomatics, a long established Canadian developer of satellite and aerial image processing software. The deal brings a Canadian imaging technology business and its installed base into a TSX-listed geospatial group, with Intermap projecting materially higher recurring revenue for 2027.
PwC and Canadian AI firm Cohere announced a global alliance on October 5, 2026 that will begin in Canada, combining PwC’s transformation and governance capabilities with Cohere’s sovereign AI technology to speed enterprise adoption while addressing data control, security and regulatory needs.