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52 result(s) for “AI”

Business News · Oct 15, 2026

Ottawa unrolls regionally targeted business support and offshore wind push in multicity October 15 announcements

On October 15, federal ministers and regional representatives made a coordinated set of announcements aimed at boosting clean energy projects, apprenticeship training and small business investment across several provinces. The moves underline Ottawa’s strategy to steer private capital toward large renewable projects while offering near term supports to local firms and workers.

Business News · Oct 13, 2026

Corus recapitalization completed as new holding company shares begin trading, reshaping Canadian broadcast ownership

Corus Entertainment completed a court supervised recapitalization this month, exchanging debt for equity and transferring control to lenders. New holding company shares begin trading on the Toronto Stock Exchange on October 13, 2026, marking a major ownership shift for one of Canada’s largest independent broadcasters and raising questions about future strategy and local media investment.

Business News · Oct 12, 2026

Ottawa and Cleveland-Cliffs Head Toward Legal Showdown as Stelco Layoffs Begin

The federal government has given Cleveland-Cliffs five days to explain how it will meet employment commitments tied to its 2024 purchase of Stelco, after the U.S. owner pressed ahead with layoffs at the Hamilton steelworks. The company’s CEO said he is prepared to fight in court, raising the prospect of a high stakes legal and political battle over foreign investment commitments and Canadian industrial policy.

Business News · Oct 9, 2026

Stelco begins layoffs in Hamilton as Ottawa warns owner of legal action

Stelco began issuing layoff notices on October 9, 2026, as its U.S. owner, Cleveland-Cliffs, idles operations at the Hamilton plant. The federal government has given the company days to explain how it will meet employment commitments tied to its 2024 purchase, raising the prospect of enforcement under the Investment Canada Act.

Companies & Industry · Oct 8, 2026

Intermap completes purchase of Canadian firm PCI Geomatics, folding a Toronto-area imaging specialist into its geospatial platform

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.