Ottawa’s Dominion Dynamics raises CA$139M, a record for Canadian defence
Ottawa’s Dominion Dynamics raises CA$139M, a record for Canadian defence

Canada just produced the biggest Series A in its defence history. The money is going into autonomous drones and the software to run a war in the Arctic. Dominion Dynamics, an Ottawa defence-technology company, has raised CA$139mn ($100mn) in a Series A…

Canadian workers have few defences against workplace surveillance
Canadian workers have few defences against workplace surveillance

TD’s plan to monitor some staff has exposed a legal gap: in much of Canada, an employer can watch you work and owes you little more than a notice. Then Toronto-Dominion Bank told some of its staff that software would soon be watching how they worked, t…

Canada buys Australian Arctic radar in A$2.5bn defence-export first
Canada buys Australian Arctic radar in A$2.5bn defence-export first

Australia has been refining the same unusual piece of radar for decades, a system that bounces signals off the ionosphere to see thousands of kilometres past the curve of the Earth, and for all that time it kept the technology to itself. On Sunday it s…

The first mile: Port of Vancouver launches new electric semi truck pilot
The first mile: Port of Vancouver launches new electric semi truck pilot

A fleet of electric Peterbilt 579EV Class 8 trucks is being put to work on container-hauling routes at the Port of Vancouver as part of a new, data-sharing pilot program designed to measure real-world benefits of electric drayage trucks on first-mile d…

Nuvei is buying Payoneer for $2.75bn to build a one-stop rival to Stripe
Nuvei is buying Payoneer for $2.75bn to build a one-stop rival to Stripe

Nuvei is buying Payoneer for $2.75bn, a bet that the way to take on Stripe is to own every step of a payment, not just one. The Canadian firm will pay $7.40 a share in cash for Payoneer, the cross-border specialist listed on Nasdaq, in a deal both boar…

Canada’s Carney compares Anthropic shutdown to 2008 financial crisis, warns of AI “model risk”
Canada’s Carney compares Anthropic shutdown to 2008 financial crisis, warns of AI “model risk”

Canadian Prime Minister Mark Carney said Sunday that the US export ban that forced Anthropic to shut down Fable 5 and Mythos 5 demonstrates the danger of depending on a small number of powerful AI models. Speaking to reporters during a visit to Ireland…

Canada wants to ban under-16s from social media, and rein in AI chatbots too
Canada wants to ban under-16s from social media, and rein in AI chatbots too

Canada has introduced a bill that would bar under-16s from social media and, in a twist that sets it apart from other countries, regulate AI chatbots in the same sweep. The Digital Safety Act, tabled on Wednesday, is the latest move in a global wave of…

BYD is bringing its 5-min ‘Flash’ electric car charging to Canada
BYD is bringing its 5-min ‘Flash’ electric car charging to Canada

BYD is preparing to bring its megawatt “Flash Charging” network, which can add about 250 miles (400 km) of range in 5 minutes, to Canada – the first confirmed deployment in North America.

The plan was revealed through a new BYD job posting in Toront…

An ‘anti-private-equity’ startup raised $225M to buy Main Street software and rebuild it with AI
An ‘anti-private-equity’ startup raised $225M to buy Main Street software and rebuild it with AI

Private equity buys companies, strips out costs, and flips them. A two-year-old startup called Beacon has raised hundreds of millions to do almost the opposite, and to let AI do the heavy lifting. Beacon, an “AI-native” holding company based in Toronto…

Tourists can experience Athabasca Glacier in this first-ever ELECTRIC Ice Explorer [video]
Tourists can experience Athabasca Glacier in this first-ever ELECTRIC Ice Explorer [video]

Built to allow up to 52 guests to explore the frozen wilderness of Alberta’s Jasper National Park in serene, environmentally responsible silence, the new Electric Ice Explorer joining Pursuit Banff’s Columbia Icefield Adventure fleet is a machine that’…