52 result(s) for “AI”
The federal government has launched a record C$1.75 billion Venture and Growth Capital plan to keep high growth companies in Canada. Officials opened a fund of funds call this month, but industry and program documents show most funding streams will not reach managers or startups for many months.
Three Canadian trust and banking entities, including The Bank of Nova Scotia Trust Company, published notices in the Canada Gazette on October 24, 2026, saying they intend to apply for regulatory approval to reduce stated capital. The moves would permit transfers totaling up to C$170 million to their sole shareholder if approved by the Office of the Superintendent of Financial Institutions.
Prime Minister Mark Carney and Turkish President Recep Tayyip Erdogan announced a strategic partnership and the launch of free trade talks, aiming to boost bilateral trade, energy cooperation and defence industrial ties as Canada looks to diversify away from its heavy reliance on the United States.
Canada Post holds its annual public meeting by webcast on October 22, 2026, updating stakeholders on a multi year modernization plan, recent quarterly losses and steps to rebuild parcel market share while converting millions of addresses to community mailboxes.
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Cabinet Directive that forces regulators to offset regulatory cost increases with larger cuts, seeks faster repeal of outdated rules and aims to make Canada more attractive for investment and exports.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.
A new KPMG Canada survey of 346 senior executives finds overwhelming support for a major overhaul of the tax system and faster action on trade diversification, putting pressure on Finance to deliver concrete measures in the November budget.
Cleveland-Cliffs says Stelco contributed positively to its third quarter, but the U.S. steelmaker is idling lines and cutting hundreds of jobs in Hamilton and Nanticoke. The federal government says the layoffs may breach undertakings tied to the 2024 acquisition and is demanding a plan to protect Canadian jobs.
Statistics Canada reported a modest uptick in headline inflation for September, driven by a sharp rise in gasoline prices. The data keeps pressure on policymakers ahead of the Bank of Canada decision on October 28 and has pushed markets to reprice the likelihood of further rate moves.
Statistics Canada publishes the September Consumer Price Index on October 19, 2026, the data that could influence the Bank of Canada’s October policy outlook after the central bank signalled a higher inflation forecast driven by oil prices.
I searched authoritative Canadian and international news sources for business stories first reported or materially updated on October 18, 2026. I could not find a clearly dated, country-specific business development meeting the editorial requirements. Would you like me to continue searching specific sectors or accept stories from the last 48 hours?
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.
I searched major Canadian and international business outlets but could not verify a single, reliable Canada business story that was first reported or materially updated on October 17, 2026. I can continue looking for items from other recent dates, broaden the search, or write a fresh article about a verified Canada business development from a nearby date if you want.
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 announced a C$100 million investment on October 16, 2026 to accelerate data collection, transmission studies and early-stage preparation for Wind West, Nova Scotia’s flagship offshore wind program. The move aims to reduce investor risk and catalyze private capital for a potential multibillion dollar industry.
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.