• 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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• Canada, France pledge to work together on space infrastructure, economy

  Source: CBC Politics
  Date: 2026-09-20 14:40:36.0
  Tags: [National, Newfoundland and Labrador, Trade, Infrastructure, Technology, Defence, Economy]

  Prime Minister Mark Carney and French President Emmanuel Macron met in Saint-Pierre-et-Miquelon to pledge bilateral cooperation on shared space infrastructure, business growth, and economic development, directing their respective space agencies and defence ministries to develop common launch systems and ground reception facilities. The leaders also tasked the regional joint cooperation commission between Atlantic Canada and Saint-Pierre-et-Miquelon to expand work in economic growth, energy transition, and climate resilience. Furthermore, the French Chamber of Commerce and Industry and the Canadian Chamber of Commerce are finalizing an agreement to build shared value chains and deepen business ties amid broader Canadian efforts to forge a closer economic and political alliance with the European Union.

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• Carney rallies Liberal MPs as 'crucial session' of Parliament set to resume

  Source: CBC Politics
  Date: 2026-09-18 21:18:23.0
  Tags: [National, Infrastructure, Economy, Technology, Governance, Social Services]

  Prime Minister Mark Carney rallied the Liberal caucus ahead of the fall session of the House of Commons, announcing forthcoming legislation including the Building Canada Strong Act to streamline major project reviews to a "one project, one review, one year" standard. The federal government also plans to introduce social media and AI regulation legislation targeting online harms, cyberbullying, and child exploitation by tech companies. Additionally, an upcoming fall federal budget will outline fiscal plans to manage spending, optimize the balance sheet, and expand social programs such as child care.

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• Bell plans expansion of Sask. AI data centre, making it largest private investment in province's history

  Source: CBC Politics
  Date: 2026-09-14 22:16:45.0
  Tags: [Saskatchewan, National, Technology, Infrastructure, Energy, Economy]

  At an investment summit in Toronto hosted by Prime Minister Mark Carney, Bell Canada CEO Mirko Bibic announced plans to quadruple the size of its artificial intelligence data centre near Regina, Saskatchewan, increasing its total investment in the Bell AI Fabric to $52 billion. The facility will expand from its original 300-megawatt capacity to 1.2 gigawatts of power, making it the largest private capital investment in the history of the province. The project, which requires Bell Canada to supply its own power, is projected to create up to 500 permanent jobs—including roughly 100 management roles—and an additional 3,000 positions in areas such as security and maintenance. The expansion follows the RM of Sherwood council's prior approval of the data centre in April 2026, though provincial officials did not immediately confirm whether the expanded footprint requires additional municipal review.

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• From pipelines, to railways and AI: Ottawa pitches 167 projects ahead of Carney's investment summit

  Source: CBC Politics
  Date: 2026-09-10 21:20:00.0
  Tags: [National, Alberta, British Columbia, Nova Scotia, Infrastructure, Energy, Transportation, Economy, Technology]

  The federal government has released a 66-page prospectus outlining 167 investment projects across eight sectors ahead of the Canada Investment Summit in Toronto, co-hosted by Prime Minister Mark Carney alongside the Canada Pension Plan Investment Board and Public Sector Pension Investment Board to attract $1 trillion in international capital. Notable infrastructure and energy proposals featured in the document include a $57 billion US expansion of the Port of Churchill, a $44 billion Nova Scotia Wind West offshore wind project, a $35 billion West Coast Oil Pipeline connecting Alberta crude to British Columbia, a $28.5 billion Ksi Lisims LNG terminal project on the B.C. coast, a $10.9 billion Calgary-to-Edmonton high-speed passenger rail line, a $2.1 billion US South Bow Prairie Connector pipeline expansion, and a $14.5 billion data centre near Medicine Hat, Alberta. The pitch aims to diversify Canada's trade and energy export markets amid escalating U.S.-Canada trade tensions while highlighting assets ranging from fully permitted, shovel-ready initiatives to preliminary-stage critical mineral developments.

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