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    Archives: Briefings

    CZ’s family office enters co-operation agreement with CEA Industries, ending proxy fight

    Ella Zhang, head of YZi Labs, the family office of Canadian billionaire Binance co-founder Changpeng Zhao, will join the board of CEA, an investment vehicle for BNB, a crypto asset that facilitates transactions on blockchains built by Binance. YZi Labs partner Alex Odagiu will serve as interim president while the board searches for a new CEO, and will also join the board along with venture capitalist Matthew Roszak. (The Logic)

    Trump administration tries to speed up quantum development, defences

    The U.S. must maintain “a strategic technical advantage” in the family of disruptive technologies, states an executive order President Donald Trump issued Monday. He ordered the Department of Energy (DoE) to work with industry to develop a quantum computer that’s useful for scientific discovery. He also instructed federal departments and agencies to switch to cryptography that’s resistant to such machines by 2031. (The Logic)

    Shopify to ban vapes from U.S. shops

    The Ottawa-based e-commerce company could take vapes off merchants’ virtual store shelves as early as this week, after a bipartisan campaign in the United States pushed the company to do something about a booming market of unregulated and illegal electronic cigarettes. (Reuters)

    Ballard to buy U.K.’s GeoPura for US$400M

    The B.C.-based hydrogen fuel cell company said the deal will let it bundle more services for its customers, since Ballard makes the fuel cells, while GeoPura sells fuels, sells and leases power units and is a joint partner in a hydrogen plant. (The Logic)

    Seven First Nations to take a minority stake in Darlington nuclear reactors

    The group of Williams Treaties First Nations plan to take a stake of about $700 million in the new reactors, using $715 million in financing backed by federal and provincial loan guarantees, which improve the loan terms available to Indigenous communities that have been historically unable to leverage on-reserve assets to secure debt. (The Logic)

    Global uncertainty is creating M&A opportunities in Canada: PwC report

    In its mid-year report on mergers and acquisitions, the firm said tariff uncertainty and geopolitical tensions are pushing companies to prioritize domestic acquisitions and supply chains over cross-border expansion. (The Logic)

    Ex-Bell employees sue after being fired over office attendance

    Dozens of former Bell employees are challenging their dismissals in court, alleging the telecom improperly fired them for cause over “swipe-and-go” office attendance violations as part of a broader workforce reduction effort. (Toronto Star)

    VCs are pouring billions of dollars into defence tech

    Defence tech companies have raised US$12.3 billion from venture capital investors since the start of 2026, nearly double the amount raised in the same period last year, according to numbers PitchBook provided to the Financial Times. (Financial Times)

    Union head says ‘it’s too risky to wait’ for CUSMA review to start labour talks with Ford Motor

    Unifor and the U.S. automaker launched contract negotiations Monday in Toronto—the first round of bargaining set to take place this year between the union and the Detroit Three automakers, which also includes General Motors and Chrysler parent company Stellantis. (The Logic)

    New federal nuclear energy strategy focuses on Candu reactors at home and abroad

    The government wants a next-generation Candu design ready by 2030 to support up to 10 new large nuclear plants in Canada and exports to four new customer countries by 2040, the Liberals’ new nuclear energy strategy says. The plan includes no new spending, but is meant to guide agencies like the Canada Infrastructure Bank and Canada Growth Fund in deciding what to support. (The Logic)

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