Etiket: invests
Quebec invests in a college-primary tutoring program
(Quebec) Quebec wishes to offer another tutoring option to students in difficulty. Posted at 3:00 p.m. Ministers Bernard Drainville (Education) and Pascale Déry (Higher Education) announced Monday an investment of…
Ottawa invests $3 million in drones for Ukraine
The federal government will spend $3 million on drone production in Ukraine to support kyiv’s fight against the Russian invasion. Defense Minister Bill Blair said Friday the financial aid was…
Bromont | Ottawa invests nearly $60 million in semiconductors
(Bromont) The federal government announces an investment of nearly $60 million in semiconductors, a technology omnipresent in electronic devices, also used to develop artificial intelligence. Posted at 10:47 a.m. The…
Meta doubles its profits and invests even more in artificial intelligence
(San Francisco) Meta (Facebook, Instagram, WhatsApp) doubled its net profit over one year in the first quarter, raking in $12.4 billion, a result even better than that expected by the…
Ottawa invests to implement the Official Languages Act
Ottawa reserves $26 million to “support the implementation” of the new Official Languages Act, almost a year after its adoption. These funds will be paid from 2024 to 2029 to…
Trudeau invests 2.4 billion to develop the AI sector in Canada
Prime Minister Justin Trudeau made another pre-budget announcement on Sunday, this time to unveil measures totaling $2.4 billion “to build the Canadian advantage” in artificial intelligence (AI). These investments aim…
Ottawa freezes threshold for reportable mergers and invests in construction
(Ottawa) The federal government is freezing the threshold at which the Competition Bureau must be notified of a merger. Published at 11:52 a.m. Ottawa also announced Tuesday $123 million in…
The wise investor | An administrator invests 1 million in CN
Every Sunday, we shine the spotlight on elements of financial and stock market news that may be useful to investors, but which might have gone under the radar Published at…
Ottawa invests 200 million in support for tenants and the homeless
Finance Minister Chrystia Freeland announced Tuesday that the federal government will invest nearly $200 million in new money to support low-income renters and to open more emergency shelters for the…
Important sports rights owner | Amazon invests in television network
(New York) Amazon will invest $115 million in the American network of local television channels Diamond Sports Group, a major holder of sports rights in the United States, a sign…
University of Sherbrooke | Ottawa invests in environmental research
(Montreal) The federal Minister of the Environment, Steven Guilbeault, was in Estrie on Monday to announce funding for several research activities at the University of Sherbrooke. Posted at 4:23 p.m.…
Samsung SDI invests in Canada Nickel | The Press
(Toronto) Canada Nickel reports that Korean company Samsung SDI has agreed to invest US$18.5 million in the company for an 8.7% stake. Published at 2:21 p.m. Samsung SDI manufactures rechargeable…
To circumvent Western sanctions, China invests in Xinjiang and builds the longest highway tunnel in the world
Welcome radio replay The world is Ours While Xinjiang in China is targeted by Western sanctions, linked to accusations of human rights violations against the Uyghurs, Beijing is investing massively…
Modernization | Walmart Canada invests $1 billion
Walmart Canada announces that nearly a billion dollars will be invested this fiscal year in a series of projects aimed at modernizing the retail giant’s presence in Canada. Posted at…
TES Canada invests $4 billion for a green hydrogen plant in Shawinigan
The company TES Canada is investing $4 billion without any public funds to build a “green” hydrogen production plant in Shawinigan, a fuel that helps reduce dependence on hydrocarbons in…
TES Canada invests $4 billion for a green hydrogen plant in Shawinigan
The company TES Canada is investing $4 billion to build a hydrogen production plant in Shawinigan, Mauricie, an important fuel for the energy transition. “This is the first green hydrogen…
Increase in hate crimes | Ottawa invests 5 million to ensure the security of groups fearing being targeted
(Ottawa) The federal government is providing $5 million for private security and other safety measures for community groups concerned about an increase in hate-fueled violence, the Minister of Public Safety…
Leonardo DiCaprio invests in recycled watches
(Zurich) Swiss start-up company ID Genève, which makes luxury watches from recycled materials, has raised funds from investors including American actor Leonardo DiCaprio, providing it with a springboard to experiment…
Quebec invests 34.3 million in digital arts
The Minister of Culture and Communications, Mathieu Lacombe, announced Monday an investment of 34.3 million in digital arts. An announcement made on the sidelines of the 7e International market for…
The federal government invests 4 million against the overdose crisis in Ottawa
The Canadian government announced Friday the investment of four million dollars in community organizations in Ottawa to “fight the overdose crisis, the harms linked to substance use, and the supply…