4 result(s) for “Utilities”
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.
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.
PowerCo Canada says the St. Thomas gigafactory will start production in 2029, two years later than planned, citing market, technology and sequencing reasons. The delay raises questions about jobs, federal incentives and regional industrial planning across southwestern Ontario.
GlobalFoundries and Marvell are expanding semiconductor production capacity for high-speed optical connectivity as increasingly powerful AI data centres require faster links between thousands of computing components.