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Canada to invest up to $1.6B in Toronto-based AI company Cohere
Source: CBC Politics
Date: 2026-10-29 17:12:24.0
Tags: [National, Economy, Technology, Industry, Infrastructure]The federal government of Canada announced an equity investment of up to $1.6 billion in Toronto-based artificial intelligence company Cohere as part of a broader $7 billion funding round led by Germany's Schwarz Group. The funding will support model development, products for regulated industries, and computing infrastructure, with Cohere committing to invest at least $1.7 billion in new computing infrastructure in Canada by 2030. Additional participants in the funding round include Nvidia and BCE subsidiary Bell Canada, ensuring Cohere's incorporation and headquarters remain in Canada.
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Ministerial Statement: Minister O’Driscoll Celebrates Renewal of Atlantic Fisheries Fund
Source: Newfoundland & Labrador - Government Releases
Date: 2026-10-29 16:25:37.0
Tags: [Newfoundland and Labrador, Fisheries, Economy, Industry, Infrastructure]Newfoundland and Labrador Minister of Fisheries and Aquaculture Loyola O’Driscoll announced the renewal of the Atlantic Fisheries Fund, which will invest over $300 million across the Atlantic Region, including approximately $90 million specifically for Newfoundland and Labrador. The funding targets four core pillars: market diversification, innovation, infrastructure, and science partnerships. This initiative aims to build upon the sector's record market value of $2.11 billion achieved in 2025, with project applications officially open to interested participants.
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Premier Wakeham tours Bull Arm Site as OilCo Issues Request for Proposals for Floating Dry Dock Engineering Study
Source: Newfoundland & Labrador - Government Releases
Date: 2026-10-23 13:18:27.0
Tags: [Newfoundland and Labrador, Infrastructure, Energy, Industry, Defence, Labour]The Oil and Gas Corporation of Newfoundland and Labrador (OilCo), acting on behalf of Bull Arm Fabrication Inc. (BAF), has issued a Request for Proposals (RFP Reference No. 926000006 via merx.com) seeking qualified proponents to conduct a Pre-Front End Engineering and Design (Pre-FEED) study for a floating dry dock at the 25-square-kilometre Bull Arm Fabrication Site in Trinity Bay. The initiative follows a June 2026 request for expressions of interest that drew 19 submissions from four countries, with over half originating from entities operating within Newfoundland and Labrador. The proposed floating dry dock aims to expand the site's industrial capacity for ship repair, marine construction, offshore support, decommissioning, and defence-related projects. Interested companies must submit their proposals by February 26, 2027.
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Boon or boondoggle? N.S. weighs $10B data centre’s promised economic benefits
Source: Nova Scotia - Halifax & Regional News
Date: 2026-10-23 12:02:20.0
Tags: [Nova Scotia, Technology, Energy, Infrastructure, Industry, Economy]EverWind has announced a $10 billion private investment to build an 18,600-square-metre artificial intelligence data centre campus and associated wind projects in Point Tupper, Nova Scotia. The facility will be leased for 20 years to the American AI company Anthropic, starting with a 95-megawatt capacity in the first phase by late 2027 and a planned 325-megawatt expansion by mid-2028. The project is projected by EverWind to create 2,000 construction jobs and 215 permanent positions offering salaries ranging from $135,000 to $185,000 per year across the data centre and four power-generating wind farms.
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Saskatchewan Builds on Construction Momentum
Source: Saskatchewan - Government News
Date: 2026-10-22 03:45:00.0
Tags: [Saskatchewan, Economy, Housing, Infrastructure, Industry]Latest Statistics Canada data reveals that building construction investment in Saskatchewan increased by 17.3 per cent in August 2026 compared to August 2025, reaching a total value of $621 million. Specifically, the city of Regina recorded a 54.7 per cent surge, hitting $161 million. This growth builds on Saskatchewan's 2025 real GDP reaching an all-time high of $85.4 billion (a 2.2 per cent increase) and private capital investment rising 12 per cent to $13.6 billion, bolstered by the province's Securing the Next Decade of Growth: Saskatchewan's Investment Attraction Strategy.
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Industry leader lauds Edmonton's proposed industrial investment plan
Source: Alberta - Edmonton Journal (Legislature & Capital)
Date: 2026-10-21 20:53:29.0
Tags: [Alberta, Municipal, Economy, Taxation, Industry, Infrastructure]The City of Edmonton is considering a new industrial investment plan during its upcoming four-year budget deliberations to stimulate non-residential tax growth and job creation. Proposed incentives include a 25 per cent property tax forgiveness for three years for new industrial builds—costing the city roughly $1 million annually while opening up 15 hectares of land per year—and a $23 million four-year 'first mover' plan allowing developers to apply for municipal infrastructure cost reimbursements. Panattoni Development vice-president Mark Edwards lauded the initiatives, noting they will help overcome investment freezes and competition from surrounding municipalities with lower service costs. Currently, only 2.6 per cent of Edmonton's industrial land is shovel-ready, falling short of the city's 4.5 per cent target.
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Premier Ford and Prime Minister Carney Launch New Action Plan to Protect Workers from Tariffs and Strengthen Ontario Industries
Source: Ontario - Premier's Office
Date: 2026-10-21 19:30:00.0
Tags: [National, Ontario, Economy, Trade, Labour, Industry, Infrastructure, Mining, Energy]The Government of Ontario and the Government of Canada announced a combined $8.7 billion action plan to protect workers and industries from U.S. tariffs. The package includes the Joint Steel Action Fund with $3.55 billion from the federal government and $1.67 billion from Ontario, an additional $2.5 billion over two years for large-scale automotive capital projects (up to $1.5 billion federal and $1 billion provincial), and a federal commitment of up to $1 billion over three years for essential road infrastructure in Northern Ontario’s Ring of Fire region. Additionally, light-duty vehicle greenhouse gas regulations will be maintained at 2026 levels (172 grams per mile) through 2029 to provide trade-related relief to the automotive sector.
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Premier Ford and Prime Minister Carney Launch New Action Plan to Protect Workers from Tariffs and Strengthen Ontario Industries
Source: Ontario - Premier's Office
Date: 2026-10-21 19:00:00.0
Tags: [National, Ontario, Economy, Trade, Labour, Industry, Mining, Infrastructure]Ontario Premier Doug Ford and Prime Minister Mark Carney announced an $8.7 billion joint action plan to protect workers and industries from U.S. tariffs and global uncertainty. The initiative establishes a $5.22 billion Joint Steel Action Fund ($3.55 billion federal, $1.67 billion provincial), a $2.5 billion automotive manufacturing capital upgrade fund ($1.5 billion federal, $1.0 billion provincial), and a $1 billion federal matching investment for road infrastructure in Northern Ontario's Ring of Fire region. Furthermore, the plan creates bilateral task forces for steel, automotive, and critical minerals, implements tighter trade remedies through the Canada Border Services Agency, and leverages Buy Canadian and Buy Ontario procurement policies.
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Carney government has no launch date planned for proposed sovereign wealth fund
Source: CBC Politics
Date: 2026-10-21 08:00:00.0
Tags: [National, Economy, Finance, Infrastructure, Industry, Governance]Nearly six months after Prime Minister Mark Carney announced plans to create the Canada Strong Fund—a proposed national sovereign wealth fund backed by $25 billion in seed funding over three years—the federal government has yet to establish a launch date or finalize its operational details. Administered as an arm's-length Crown corporation, the fund is intended to invest domestically in energy, infrastructure, agriculture, and technology alongside private investors, while introducing a retail investment product for ordinary Canadians. Finance Minister François-Philippe Champagne's office indicated that a significant update, including leadership announcements and mandate reviews to prevent overlap with existing entities like the Canada Growth Fund and Canada Infrastructure Bank, will be provided in the upcoming fall budget.
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Nova Scotia to host massive data centre to power artificial intelligence
Source: CBC Politics
Date: 2026-10-16 14:00:00.0
Tags: [Nova Scotia, Infrastructure, Energy, Technology, Industry, Indigenous]EverWind Fuels is constructing a massive 420-megawatt artificial intelligence data centre campus in Point Tupper, Nova Scotia, backed by $8 billion in private capital. The facility will be built in two phases—95 megawatts coming online by the end of 2027 and 325 megawatts in 2028—under a 20-year lease agreement with an unnamed AI tenant. To power the facility, EverWind is raising an additional $2 billion for four planned onshore wind farms, while utilizing existing provincial grid capacity for initial supply and employing a closed-loop water-glycol system drawing from Landrie Lake. Furthermore, a consortium of Mi'kmaw communities fronted by Membertou First Nation is negotiating a nine per cent equity stake in the project.
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Ontario Welcomes $479 Million Advanced Manufacturing Investment in London
Source: Ontario - Ministry of Economic Development, Job Creation and Trade
Date: 2026-10-16 13:30:00.0
Tags: [Ontario, National, Economy, Industry, Energy, Infrastructure]Hitachi Energy Canada is investing $479 million to establish a 21,000-square-meter Transformer Insulation Centre in London's Huron Industrial Park, creating over 100 new jobs with completion expected by 2028. The facility will feature the world's first transformer pressboard manufacturing line with four formers, capable of producing up to 20,000 tonnes of material annually to strengthen North America's transformer supply chain. The Ontario government is providing up to $20 million in funding through the Invest Ontario Fund, while the Government of Canada is contributing $20 million through the Strategic Response Fund alongside $10 million from Natural Resources Canada.
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Buffalo Pound Dam Upgrades Support Reliable Water Supplies for Saskatchewan Communities and Industry
Source: Saskatchewan - Government News
Date: 2026-10-15 22:00:00.0
Tags: [Saskatchewan, Infrastructure, Environment, Water, Agriculture, Industry]The Saskatchewan Government announced significant progress on the $12 million Buffalo Pound Dam upgrades managed by the Water Security Agency, which owns and operates over 70 dams across the province. Major rehabilitation work includes emergency spillway upgrades to restore height and strengthen rock protection, control structure and safety enhancements, erosion and repairs, and bridge deck repaving. Buffalo Pound Lake supplies water to approximately 25 per cent of Saskatchewan's population—including the cities of Regina and Moose Jaw—as well as regional agriculture, two potash mines, and other industrial operations. Furthermore, the province has invested nearly $40 million in more than 60 water infrastructure projects for the 2026-27 fiscal year, with upcoming repairs starting on the Upper Qu'Appelle River channel between the Qu'Appelle River Dam and Tugaske Bridge.
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Strong Uptick in Provincial Building Permits
Source: Saskatchewan - Government News
Date: 2026-10-14 22:00:00.0
Tags: [Saskatchewan, Economy, Housing, Infrastructure, Industry]Statistics Canada reported that building permits in Saskatchewan increased by 32.5 per cent year-over-year between August 2025 and August 2026, ranking second among Canadian provinces. Month-over-month, building permits rose by 15.9 per cent from July 2026 to August 2026. Trade and Export Development Minister Warren Kaeding attributed this growth to increased private and public investment, supported by the province's Investment Attraction Strategy. Additionally, Statistics Canada figures indicate Saskatchewan's 2025 real GDP reached a record $85.4 billion, up 2.2 per cent, while private capital investment grew 12 per cent to $13.6 billion in 2025.
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Halifax hosting defence firms at record-breaking conference amid protests
Source: Nova Scotia - Halifax & Regional News
Date: 2026-10-07 20:12:16.0
Tags: [Nova Scotia, Defence, Industry, Economy, Infrastructure]Halifax is hosting DEFSEC Atlantic 2026 at the Halifax Convention Centre, drawing over 3,000 attendees as Nova Scotia's defence and aerospace sector contributes $2.7 billion to the provincial GDP and supports 17,000 jobs. The record-breaking conference coincides with a generational wave of federal defense spending, highlighted by Prime Minister Mark Carney's announcement of $3 billion in new infrastructure and defence funding for Nova Scotia and New Brunswick, including over $2 billion dedicated to modernizing infrastructure and building facilities for new warships and aircraft. Meanwhile, the three-day event faced protests outside from groups such as the Halifax Committee Against Imperialist War And Genocide, who criticized the gathering as an arms expo profiting from global conflict.
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LNG Canada to use Chinese steel on $33-billion expansion project in Kitimat, B.C.
Source: CBC Politics
Date: 2026-10-02 14:51:57.0
Tags: [National, British Columbia, Energy, Trade, Industry, Infrastructure]LNG Canada has announced that its joint venture partners will utilize the state-owned China Offshore Oil Engineering Co., Ltd. (COOEC) to source specialized fabricated steel modules for its $33-billion Phase 2 expansion project in Kitimat, B.C., citing a lack of domestic fabrication capacity. The expansion will add two new processing units, increasing production capacity from 14 to 28 megatonnes per year by the early 2030s. While Prime Minister Mark Carney's newly introduced federal Major Projects Office and Buy Canadian policies emphasize domestic sourcing, private sector energy companies retain the autonomy to determine their supply chains. Meanwhile, pipeline operator Coastal GasLink targets approximately 70% Canadian steel—around 15,000 tonnes—for the compressor stations required to support the terminal's expanded throughput.
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Saskatchewan Advances Nuclear Power to Support Long-Term Energy Security
Source: Saskatchewan - Government News
Date: 2026-09-30 01:30:00.0
Tags: [Saskatchewan, Energy, Infrastructure, Resources, Industry, Environment]The Government of Saskatchewan released "Delivering Energy Security Through Nuclear Power," establishing a provincial nuclear power production target of at least 2,600 megawatts (MW) by 2050 to meet long-term electricity demand. SaskPower will begin planning for two large nuclear reactors in northwest Saskatchewan aiming to generate over 2,000 MW with the first online by 2042, alongside advancing Small Modular Reactor (SMR) development near Estevan at the Rafferty site targeting at least 600 MW. The strategy involves multiple key industry partners including Cameco Corporation, Westinghouse Electric Company, AtkinsRéalis, and GE Vernova Hitachi to build out supply chains and infrastructure.
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Ottawa signs preliminary deal with Swedish firm Saab for 6 GlobalEye aircraft
Source: CBC Politics
Date: 2026-09-25 13:00:00.0
Tags: [National, Defence, Industry, Trade, Infrastructure]The federal government, represented by Secretary of State responsible for Defence Procurement Stephen Fuhr, signed a preliminary agreement with Swedish firm Saab and Canadian partner Bombardier to acquire and build six GlobalEye airborne early warning and control (AEWC) aircraft in Canada. The preliminary contract serves as the basis for final negotiations regarding the production schedule, Canadian configuration, and development program, though specific timelines and final procurement costs have not yet been disclosed. The GlobalEye platform was selected based on geopolitical and economic criteria to detect long-range threats like aircraft, missiles, and drones, despite reports from sources indicating the aircraft currently meets only a handful of military requirements and will require significant modifications. The Conservative Party has criticized the sole-source acquisition process and called on the Auditor General and the Parliamentary Budget Officer to investigate the project's operational readiness and adherence to defence needs.
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Cape Breton container port proponent shifts focus to offshore wind development
Source: Nova Scotia - Halifax & Regional News
Date: 2026-09-22 18:25:19.0
Tags: [Nova Scotia, Energy, Infrastructure, Industry, Indigenous]Sydney Harbour Investment Partners and its project Novaporte have shifted their 13-year container port proposal in Cape Breton to focus on developing an offshore wind manufacturing terminal. The initial phase of the offshore wind hub proposal is valued at US$1 billion and aims to support Premier Tim Houston's proposed $60-billion Wind West offshore energy project, which targets 40 gigawatts of power generation by 2050. The Membertou First Nation holds an equity stake in Sydney Harbour Investment, with Chief Terry Paul emphasizing meaningful ownership, investment, and long-term economic participation for Mi'kmaq communities. Project backers promoted investor interest at the Canada Investment Summit in Toronto, alongside investment partner Fengate Asset Management.
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Public Advisory: Help Shape Newfoundland and Labrador’s Rural Revitalization Strategy
Source: Newfoundland & Labrador - Government Releases
Date: 2026-09-22 14:30:58.0
Tags: [Newfoundland and Labrador, Economy, Industry, Infrastructure, Governance]The Government of Newfoundland and Labrador, through the Department of Jobs, Growth and Rural Development, has launched a public engagement process to shape the province's new Rural Revitalization Strategy. Municipalities, Indigenous governments, businesses, and local leaders are invited to provide feedback via the online platform EngageNL, in-person and virtual consultation sessions, or written submissions sent to the Natural Resources Building in St. John's. The initiative aims to address regional economic challenges, strengthen local leadership, and establish measures of success for sustainable rural communities and population growth.
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Government Strengthens Partnerships with Industry to Deliver Critical Infrastructure
Source: Saskatchewan - Government News
Date: 2026-09-22 00:00:00.0
Tags: [Saskatchewan, Infrastructure, Economy, Industry]The Government of Saskatchewan, through SaskBuilds and Procurement and the Priority Saskatchewan and Stakeholder Relations Branch, is expanding its collaboration with industry groups such as the Construction Association of Saskatchewan (CASK) and MERIT Saskatchewan to meet its Saskatchewan's Growth Plan target of $30 billion in infrastructure spending by 2030. During the 2025-26 fiscal year, the provincial government awarded 490 procurements valued at $741 million, with over 94 per cent (totaling $698 million) awarded to Saskatchewan-based companies. Key administrative improvements include early bid bond releases to free up supplier capital and the relaunch of a quarterly tender plan for increased project visibility.
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