Top Stories
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The Liberals are spending Canada’s energy windfall in a bid to boost productivity
The federal budget projects a $62.3-billion deficit despite the economy faring better than expected -
The Liberals pledge $52B more to double Canada’s electricity capacity by 2050
The 2026 federal budget tries not to saddle consumers with all the costs of a massive clean-power plan -
Ottawa extends open banking principles to other sectors—but continues to delay original framework
The federal Liberals want companies in telecommunications, transportation and other sectors to provide data to third parties at a customer’s request
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Latest Stories
Business
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Peter Routledge thinks Canada’s financial system can handle more failure
OSFI is rethinking whether years of adding financial safeguards to Canada’s banking system has stifled innovation and competition -
Ontario’s securities regulator wants to continue supervising stablecoins on crypto trading platforms
The regulator is also negotiating its entry into Canada’s passport system as it seeks to reduce regulatory barriers, says CEO Grant Vingoe -
Auditor general finds persistent weaknesses at Canada’s money laundering watchdog
Fintrac took nearly four months on average to deliver financial intelligence to law enforcement, relied on outdated technology and struggled to uncover new financial crimes, a new audit finds -
Wealthsimple just raised $425M as its valuation hits $13.8B
Singaporean sovereign wealth fund GIC led the round, valuing the Toronto fintech 38 per cent higher than its last funding round a year ago -
An obscure data standard is the latest open banking holdup—and an unlikely political hot potato
The Financial Data Exchange is the most widely used technical standard for financial data sharing in North America, but Ottawa has questions about its American roots
National
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What the Democrats’ midterm sweep means for Canadian business
From data centres to tax policy, the blue wave has implications beyond the future of Trump’s tariffs -
Trans Mountain is poised to ship more oil from the West Coast—as long as Ottawa gives the green light
The pipeline giant will be able to move another 90,000 barrels a day to B.C. by the end of the year, says CEO Mark Maki -
Canada is buying military gear for a world where ‘pretty much everything’ changed
The head of Canada’s defence procurement agency says his job is much more than speeding up purchases -
Canadians have given up on the old America. They feel fine about it
Most Canadians are ready to move on from the U.S. and want businesses to get bolder about it, according to a new poll -
Canada and EU announce ‘ever-closer association’ to bolster economic security
Ottawa and Brussels will avoid moves that harm each other under a sweeping plan to co-operate on digital trade, research funding, satellite communication and many other areas
Tech
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Wealthsimple launches AI assistant as Canada’s big banks block third-party agents
The Toronto fintech also plans to let customers access their accounts and prepare transactions through ChatGPT and Claude starting in early 2027 -
Apply Digital is tangled up in a lawsuit claiming a company it bought is a fraud
The Vancouver-based tech firm spent millions to acquire a Chilean design agency. A lawsuit claims the company had stolen the identity of another firm in Hong Kong. -
How AI is really changing math
Human researchers are wading through an ocean of mathematical AI slop. Within it, though, they’re finding glimpses of the future. -
Former Ciena employee claims she was fired for reporting sexual assault by executive
The alleged assault happened after Ciena’s annual golf tournament in Ottawa, where the plaintiff claims the executive exposed himself and touched her in a sexual manner -
AI agents, blockchain and stablecoins are coming. Kraken wants to build the plumbing
The American crypto-trading giant plans to apply for “every licence known to man” as it sets its sights on Canada
Reach Canada’s Business, Tech and Policy Leaders
The Big Read
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Taking on risk in perilous times: Key takeaways from The Logic Summit 2026
What Peter Routledge, Mark Maki and Doug Guzman said at The Logic’s flagship live journalism event
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The Logic Summit 2026 in pictures
Defence Investment Agency CEO Doug Guzman, Trans Mountain CEO Mark Maki and University of Toronto astrophysicist Sara Seager were among those discussing the theme of Building for the Unknown at The Logic’s flagship event. -
Digital trade and critical minerals emerge as key pieces in new Canada-EU partnership
Defining “associate membership” is taking a back seat to more immediate goals as Carney and von der Leyen prepare to meet in Montreal -
What business wants from the 2026 federal budget
Major projects, the trade war and Ottawa’s deluge of planned defence spending shaped many of the asks for this year’s federal budget
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