16 result(s) for “Industry”
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.
Stelco began issuing layoff notices on October 9, 2026, as its U.S. owner, Cleveland-Cliffs, idles operations at the Hamilton plant. The federal government has given the company days to explain how it will meet employment commitments tied to its 2024 purchase, raising the prospect of enforcement under the Investment Canada Act.
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.
Generation Mining confirmed on October 7, 2026 that it has closed the last pieces of project financing for the Marathon copper palladium mine in northwestern Ontario and has started early construction work, unlocking federal and provincial investments that position the project as a major new source of critical minerals for 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.
Stellantis Canada will idle its Windsor Assembly Plant for several weeks this fall, the automaker said, blaming a combination of U.S. auto tariffs and weaker North American demand. The move deepens uncertainty for thousands of workers and intensifies pressure on Ottawa to protect domestic manufacturing.
During his state visit to Washington this week, Chinese president Xi Jinping urged joint US China action to keep artificial intelligence under human control. The comments, issued as Chinese state media published his remarks on September 26, highlight Beijing’s push to shape global AI rules while advancing domestic industry and security priorities.
Australia’s corporate regulator announced amended market integrity rules on September 26, 2026 that extend testing, monitoring and governance obligations to AI enabled trading systems. The changes aim to align domestic rules with international standards, impose kill switch and testing requirements for trading algorithms, and give market participants an 18 month transition to comply.
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.
Chinese and U.S. officials said talks this week produced a proposal for a formal mechanism to notify each other of AI incidents that could affect national security, a move that signals Beijing and Washington are seeking managed competition in artificial intelligence while still testing boundaries on cooperation.
Brookfield plans to invest up to $600 million in India's ACME Cleantech Ventures, providing international capital for green ammonia and green methanol projects as cleaner industrial fuels attract growing global investment.
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.
Hungarian manufacturer ABZ Innovation has expanded one of Europe's largest civilian drone production facilities, targeting thousands of aircraft annually as European and US demand grows and manufacturers seek alternatives to Chinese supply chains.