27 result(s) for “Infrastructure”
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.
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.
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.
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.
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.
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.
Ottawa is accelerating its industrial push on artificial intelligence with a newly formed advisory council and recent investment announcements aimed at scaling Canadian AI companies, data centres and infrastructure. The measures seek to shore up domestic capacity, attract global capital and ease industry concerns about regulation and local impacts.