The Ontario premier said all the memorandums of understanding that provinces have signed on freer exchanges of goods and labour are fine, but it’s time for a binding agreement to let products and workers move around the country without obstacles. “Either you’re in or you’re out,” he said of the other provinces and territories. “Let’s start moving.” (The Logic)
Widespread automation won’t happen in the next few years as Anthropic CEO Dario Amodei and OpenAI CEO Sam Altman have predicted, said MIT professor and economist Daron Acemoglu, speaking at the DemocracyXChange Summit in Toronto on Saturday. That’s “good news if you want to actually do regulation” and to “try to create a democratic framework for controlling these very, very powerful companies and individuals,” the Nobel laureate added. (The Logic)
The Medicine Hat-based firm makes reusable remotely piloted winged aircraft that carry sondes, the types of devices that single-use weather balloons carry up into the stratosphere to take atmospheric readings. The Business Development Bank of Canada didn’t reveal the amount of the investment or its terms, but Landing Zones said it will use the money for research and development, scaling production, and commercializing the next generation of its technology. (The Logic)
The startup raised a US$43-million round in 2025 co-led by the ChatGPT maker and Founders Fund, Peter Thiel’s VC firm, as well as a Founders Fund-led US$22-million round in 2024. In 2023, Biossil raised a $3.7-million seed round led by Staircase Ventures with participation from Golden Ventures and Panache Ventures. (The Globe & Mail)
The outsized increase from February caused year-over-year increases in the consumer price index to accelerate to 2.4 per cent from 1.8 per cent the previous month, Statistics Canada reported in its first tally of inflation since the start of the Iran war. (The Logic)
Billie Little filed suit in an Oregon court saying she was fired on March 20 because she reported her belief that Thomson Reuters had been helping U.S. immigration authorities use information gathered by its data-brokering service in ways that violated the law. 404 Media first reported on the case against the Toronto-headquartered news and information company. Thomson Reuters didn’t respond by deadline to The Logic’s request for comment, but told the Financial Times it disputes the allegations and intends to defend itself. (404 Media, Financial Times)
Wab Kinew told The Globe and Mail that Prime Minister Mark Carney set the target in a meeting in Ottawa this week, after which they announced the latest federal-provincial agreement to cut duplication in environmental assessments of major projects. Exporting liquefied natural gas from the Port of Churchill would almost certainly mean building a new pipeline to get LNG to the port in the first place. (The Globe and Mail)
The supply-chain solutions firm said its majority shareholder and La Caisse—which made its first investment in the firm in 2018—struck the deal with the Japanese-based logistics firm, which is still subject to regulatory approvals. (The Logic)
The deal with KingsRock Advisors’ Viking Acquisition Corp. I will see the merged company traded on the New York Stock Exchange. It values NorthStar Earth & Space at US$300 million before a US$30-million capital injection led by Cartesian Capital Group, money that NorthStar plans to use for engineering services and parts. (The Logic)
Shares in the French train maker decreased by as much as 36 per cent, to a low of €14.72, wiping out roughly €3 billion of its market value by mid-morning, before closing at €16.64. In a preliminary earnings release, Alstom said its core profit margins were at roughly six per cent, one per cent lower than its seven per cent forecast. (Financial Times)