Top Stories
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Anthropic wants to add ‘gigawatts’ of AI compute in Canada
The Claude maker is hiring local staff to lead data-centre development and community relations, starting in Alberta -
Star researcher Sanja Fidler raises over US$90M for world model startup
Toronto-based Veeda is building control systems for physical AI, and is backed by Khosla Ventures and Radical Ventures, The Logic has learned -
Negotiators work on fine print of deal that would spare Canada new U.S. tariffs
The U.S. trade representative says the two sides have reduced irritants. His Canadian counterpart says Canada’s supply management for dairy remains intact.
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Latest Stories
Business
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Investor demand is what’s bringing the Milken Institute to Canada
The think tank says next month’s Toronto event has long been in the works, because big players want more exposure to stable markets like Canada -
Canadian businesses were bracing for a wave of retirees. Then along came AI
AI is pushing businesses to transform right at the moment many were hoping to hand off the reins -
Brookfield and Cohere execs among high-profile guests at CVCA summit
The event will connect Canadian fund managers with global investors in Toronto on the sidelines of Prime Minister Mark Carney’s Canada Investment Summit -
Takeovers are shifting control of Canadian firms abroad, survey shows
Most firms kept operations in Canada after being acquired by foreign companies, but the CCI says barriers to customers, capital and experienced talent make it harder for them to grow -
White Star Capital closes US$250M fund as VCs adapt to slower market
The global venture firm plans to back scaling companies across North America and Europe as it increases its exposure to Canadian startups
National
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Trade talks go into final hours with new U.S. tariffs set to hit Canada
Section 338 levies threatened by Trump are projected to chop half a point off Canada’s GDP growth -
Canadian oil finds growing market in Asia as Trans Mountain fills up
Middle East turmoil is driving interest in Canadian crude from buyers in China and Japan -
Canada ‘can’t even talk about anything else’ if Trump makes good on latest tariff threat
Sources briefed on negotiations say Ottawa is pushing for a deal that won’t leave key sectors behind, as Wednesday deadline looms -
The Fisheries Department is losing its ability to back maritime innovations, documents warn
It has ships, the Arctic and the deep sea. Internal documents obtained by The Logic show it no longer has dedicated funding to test inventions. -
Canada’s oil majors eye the next production boom
Executives say a landmark agreement with Ottawa and Alberta could unlock the biggest wave of oilsands investment in years—even as shareholder returns remain the priority
Tech
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Neocloud Iren goes big on U.S. data centres as Canadian expansion slows
The Australian firm, which has three data centres in B.C., is planning gigawatts of new capacity around the world as demand from AI developers booms -
Ontario to charge new data centres more for power and make them invest in communities
Doug Ford says data centres are vital to the modern economy but insists the province will make their backers “pay a pretty penny” -
U.S. private equity is buying Canada’s biggest payments processor. Some people are worried about sovereignty
Francisco Partners’ $2-billion deal to buy Moneris comes as policymakers emphasize the importance of domestic control of the payments system -
Transformer Lab has built an AI tool to automate scientific research
The Toronto-based firm is competing against some of the world’s most hyped startups to create AI scientists and develop self-improving technology -
Toronto’s Taalas sells to AMD as AI inference market heats up
The startup, launched by the former founder of Tenstorrent, designed semiconductors tailored to AI models
Reach Canada’s Business, Tech and Policy Leaders
The Big Read
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The $20B risk at the heart of Carney and Smith’s grand pipeline bargain
The oilpatch once called Ottawa’s pipeline-for-Pathways bargain “unfinanceable.” Now the industry seems to be changing its mind.
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Meet Canada’s leading innovators from the Class of 2026
From AI and space exploration to sustainable mining and accessible technology, this year’s Top Prospects are building the ideas and innovations that could shape Canada’s future -
Inside Bell’s all-Canadian plan to power the country’s AI future
The telecom giant is spending big to develop the infrastructure and services it hopes will power a national AI boom. Will the country buy into its vision? -
The small team in Montreal trying to save the world from AI
LawZero is a humble non-profit with a startup vibe and a core of determined staff. Its quest to create safe AI is anything but modest.
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