Nuvei is buying Payoneer for $2.75bn, a bet that the way to take on Stripe is to own every step of a payment, not just one. The Canadian firm will pay $7.40 a share in cash for Payoneer, the cross-border specialist listed on Nasdaq, in a deal both boar…
Canadian Prime Minister Mark Carney said Sunday that the US export ban that forced Anthropic to shut down Fable 5 and Mythos 5 demonstrates the danger of depending on a small number of powerful AI models. Speaking to reporters during a visit to Ireland…
Canada has introduced a bill that would bar under-16s from social media and, in a twist that sets it apart from other countries, regulate AI chatbots in the same sweep. The Digital Safety Act, tabled on Wednesday, is the latest move in a global wave of…
BYD is preparing to bring its megawatt “Flash Charging” network, which can add about 250 miles (400 km) of range in 5 minutes, to Canada – the first confirmed deployment in North America.
The plan was revealed through a new BYD job posting in Toront…
Private equity buys companies, strips out costs, and flips them. A two-year-old startup called Beacon has raised hundreds of millions to do almost the opposite, and to let AI do the heavy lifting. Beacon, an “AI-native” holding company based in Toronto…
![Tourists can experience Athabasca Glacier in this first-ever ELECTRIC Ice Explorer [video]](https://electrek.co/wp-content/uploads/sites/3/2026/05/ev-on-ice.png?w=1600)
Built to allow up to 52 guests to explore the frozen wilderness of Alberta’s Jasper National Park in serene, environmentally responsible silence, the new Electric Ice Explorer joining Pursuit Banff’s Columbia Icefield Adventure fleet is a machine that’…
Apple and Google have formally pushed for amendments to Bill C-22, the Canadian government’s lawful-access legislation now working its way through the House of Commons, arguing that the bill as drafted creates a potential for secret orders to compel ch…
Tesla has changed the 0-100 km/h acceleration spec on its new $39,490 CAD Model 3 Premium RWD in Canada for a second in less than three weeks. The car now lists a 6.2-second sprint — two full seconds slower than the 4.2 seconds Tesla advertised at laun…
Toronto police said this is the “first known instance” of an SMS blaster being used in Canada.
Three major Chinese automakers — BYD, Chery, and Geely — are actively hiring staff, scouting dealership locations, and registering trademarks in Canada following the country’s landmark decision to slash tariffs on Chinese-built EVs from 100% to 6.1%. B…