
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…

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…

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, 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…

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…

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…

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]](https://electrek.co/wp-content/uploads/sites/3/2026/05/ev-on-ice.png?w=1600)
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’…