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25 result(s) for “media”

Business News · Oct 13, 2026

Corus recapitalization completed as new holding company shares begin trading, reshaping Canadian broadcast ownership

Corus Entertainment completed a court supervised recapitalization this month, exchanging debt for equity and transferring control to lenders. New holding company shares begin trading on the Toronto Stock Exchange on October 13, 2026, marking a major ownership shift for one of Canada’s largest independent broadcasters and raising questions about future strategy and local media investment.

Business News · Oct 12, 2026

Ottawa and Cleveland-Cliffs Head Toward Legal Showdown as Stelco Layoffs Begin

The federal government has given Cleveland-Cliffs five days to explain how it will meet employment commitments tied to its 2024 purchase of Stelco, after the U.S. owner pressed ahead with layoffs at the Hamilton steelworks. The company’s CEO said he is prepared to fight in court, raising the prospect of a high stakes legal and political battle over foreign investment commitments and Canadian industrial policy.

Business News · Oct 9, 2026

Stelco begins layoffs in Hamilton as Ottawa warns owner of legal action

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.

Companies & Industry · Oct 8, 2026

Intermap completes purchase of Canadian firm PCI Geomatics, folding a Toronto-area imaging specialist into its geospatial platform

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.

Companies & Industry · Oct 5, 2026

Competition Bureau opens formal probe into proposed takeover of key Canadian fuel hub, raising questions for energy and transport markets

Canada’s Competition Bureau on October 5, 2026 opened a formal review of a proposed acquisition affecting a strategic fuel hub, signaling potential constraints or remedies that could reshape regional energy, trucking and refining arrangements. The move increases uncertainty for the buyer, sellers and customers while underscoring Ottawa’s focus on protecting competition in essential supply chains.

Chinese President Xi Jinping speaking at a state event in Washington, with delegates in the background
Technology & Innovation · Sep 26, 2026

Xi Jinping’s White House Message Reframes China’s AI Strategy as a Call for Shared Safety and Human Control

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.

Trading floor screens showing market data with AI overlay
Global Business · Sep 26, 2026

ASIC tightens rules on AI and algorithmic trading, pushing Australian markets toward stricter controls

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.