13 result(s) for “Competition”
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.
Stelco says it will proceed with scheduled layoffs at its Hamilton operations, prompting Industry Minister Melanie Joly to warn Cleveland-Cliffs that the federal government may seek legal remedies under the Investment Canada Act if job commitments are not met.
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.
Generation Mining confirmed on October 7, 2026 that it has closed the last pieces of project financing for the Marathon copper palladium mine in northwestern Ontario and has started early construction work, unlocking federal and provincial investments that position the project as a major new source of critical minerals for Canada.
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.
Canada’s Competition Bureau on October 5, 2026 opened a formal review of a proposed acquisition affecting a strategic fuel hub, signaling potential constraints or remedies that could reshape regional energy, trucking and refining arrangements. The move increases uncertainty for the buyer, sellers and customers while underscoring Ottawa’s focus on protecting competition in essential supply chains.
During his state visit to Washington this week, Chinese president Xi Jinping urged joint US China action to keep artificial intelligence under human control. The comments, issued as Chinese state media published his remarks on September 26, highlight Beijing’s push to shape global AI rules while advancing domestic industry and security priorities.
Chinese and U.S. officials said talks this week produced a proposal for a formal mechanism to notify each other of AI incidents that could affect national security, a move that signals Beijing and Washington are seeking managed competition in artificial intelligence while still testing boundaries on cooperation.
Donald Trump and Xi Jinping are preparing to meet in Washington on September 24, with tariffs, rare earths, agriculture and a potential $30 billion energy-related trade package among the issues drawing global business attention.
China's fiscal revenue increased 5.7% year-on-year during the first eight months of 2026 as Beijing prepares additional fiscal and financial measures to support the world's second-largest economy.
Brookfield plans to invest up to $600 million in India's ACME Cleantech Ventures, providing international capital for green ammonia and green methanol projects as cleaner industrial fuels attract growing global investment.
Hungarian manufacturer ABZ Innovation has expanded one of Europe's largest civilian drone production facilities, targeting thousands of aircraft annually as European and US demand grows and manufacturers seek alternatives to Chinese supply chains.
UK regulators have opened a competition investigation into the proposed $25 billion combination of AkzoNobel and Axalta, putting one of the coatings industry's biggest consolidation deals under regulatory scrutiny.