News
BMO launches new applied AI and quantum institute
1+ hour, 44+ min ago (241+ words) The Logic Canada's Business and Tech Newsroom The lender said the institute will focus on the application and governance of artificial intelligence and the development of quantum capabilities. BMO has also promoted Kristin Milchanowski, its current chief AI and data…...
Canada's closest trading partners are pushing back against Carney's Buy Canadian policy
2+ hour, 58+ min ago (583+ words) The U. S, the EU and others have complained at the WTO about the policy that favours Canadian firms bidding for federal government contracts OTTAWA " A growing chorus of Canada's closest trade partners are calling out Prime Minister Mark Carney's new…...
BDC returns to life science investing with a new $150 M fund
4+ hour, 44+ min ago (391+ words) The development bank is returning to direct investing in the life sciences sector, which has struggled to grab early-stage funding despite strong returns The Business Development Bank of Canada is launching a $150-million venture fund to invest in life sciences…...
Iran tests the limits of sanctions with bitcoin tolls in Strait of Hormuz
17+ hour, 10+ min ago (1086+ words) The Logic Canada's Business and Tech Newsroom Iran will reportedly charge oil tankers fees in bitcoin for passing through the Strait of Hormuz during a two-week ceasefire in the U. S. -Israel war, a move with potentially massive implications for sanctions enforcement…...
Flora Fertility raises US$5 M round
18+ hour, 37+ min ago (234+ words) The Logic Canada's Business and Tech Newsroom Iowa-based Manchester Story led the dual-headquartered Calgary and Chicago-based fertility insurance firm's seed round, with participation from BDC and other new and existing investors. (The Logic) Talking point: Flora aims to fill a…...
Canada's big banks face shareholder pressure on AI and climate disclosures
20+ hour, 27+ min ago (493+ words) Shareholders are demanding greater transparency on AI governance, including around bias risks, while maintaining pressure on ESG Proxy season at Canada's Big Six banks is unfolding against a backdrop of sustained backlash to DEI and ESG commitments in the U. S. Yet…...
We found every data centre in Canada
1+ day, 2+ hour ago (1750+ words) From the building boom in Alberta to a host of legacy facilities near Toronto and Montreal, our reporting reveals the scale of Canada's data centre industry'and the challenges it faces Everybody wants in on the data-centre business. The tech industry's…...
Ciena executive charged with sexual assault in Ottawa
1+ day, 22+ hour ago (296+ words) Vice-president of global supply chain at the network equipment firm was charged in December 2025 with an alleged assault that reportedly happened last summer An executive at telecommunications giant Ciena was charged in December on allegations of sexual assault while he…...
A new global defence bank will help Canada's startups more than its military
2+ day, 2+ hour ago (710+ words) The proposed bank would lend to Canada's allies, but Ottawa is unlikely to borrow from it to build up its own defences OTTAWA " A new international defence bank might be a big help to Canadian defence startups that have trouble…...
A wave of cheap Chinese EVs is poised to upend Canada's auto industry
3+ day, 2+ hour ago (410+ words) Canada is starting with a relative trickle of Chinese EV imports. The U. K. shows how it could quickly become a flood Canadians are about to see mass-market Chinese electric vehicles on the roads for the first time. Each year, 49, 000 of them…...