27 result(s) for “Technology”
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.
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.
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.
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.
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.
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.
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.
A wave of trading halts and placement announcements on October 8, 2026 reflected renewed investor appetite for Canadian junior mining companies, driven by stronger metals prices and targeted financings for project development across Western 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.
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.
The federal government announced a Team Canada Trade Mission to India, led by Minister of International Trade Maninder Sidhu, running October 12 to 17, 2026. The delegation will prioritize aerospace, clean technology, ICT, life sciences, forestry and agri food as Ottawa seeks to deepen commercial ties and accelerate a Canada India CEPA negotiation push.