canada

Canada orders TikTok to shut down its business operations in the country due to ‘national security risks’

Canada orders TikTok to shut down its business operations in the country due to ‘national security risks’

Canada has TikTok to shut down its operations in the country, citing unspecified “national security risks” posed by the company and its parent ByteDance. With the move, TikTok will be forced to “wind up” all business in the country, though the Canadian government stopped short of banning the app.“The government is taking action to address the specific national security risks related to ByteDance Ltd.’s operations in Canada through the establishment of TikTok Technology Canada, Inc,” Canada’s Minister of Innovation, Science and Industry François-Philippe Champagne said in a statement. “The decision was based on the information and evidence collected over the…
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Canada follows the US by slapping a 100 percent tariff on Chinese EVs

Canada follows the US by slapping a 100 percent tariff on Chinese EVs

Canadians who have been mulling whether to snap up a Chinese EV may want to make a firm decision on that quickly. Prime Minister Justin Trudeau announced that, starting on October 1, the country will impose a 100 percent tariff on electric vehicles built in China. The White House established an identical levy in the US earlier this year.The surtax will apply to electric cars, trucks, buses and delivery vans, as well as some hybrid models. Canada will also charge a 25 percent tariff on Chinese steel and aluminum starting on October 15.According to the CBC, industry players had been…
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Chevron-Backed Cleantech Firm Gets Up to $100 Million From Canada

Chevron-Backed Cleantech Firm Gets Up to $100 Million From Canada

Canada’s new green technology fund is putting as much as $100 million into a carbon-capture firm that’s backed by Chevron Corp. to help it commercialize its technology.Svante Technologies Inc., based near Vancouver, has developed filters to catch carbon dioxide out of the air and concentrate it for other uses. The Canadian government’s Canada Growth Fund has agreed to inject $50 million through a convertible note, with a further $50 million potentially available for future projects. Source link lol
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CIBC Plans Hiring Spree in Artificial Intelligence, Data Jobs

CIBC Plans Hiring Spree in Artificial Intelligence, Data Jobs

Canadian Imperial Bank of Commerce plans to hire more than 200 employees in data and artificial intelligence over the next year as it expands its use of generative AI.The country’s fifth-largest bank has carried out a number of pilot programs using generative AI and is adding staff in Canada to accelerate those efforts, Christina Kramer, the bank’s head of technology and innovation, said in a statementBloomberg Terminal. Source link lol
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Arcadium Lithium Pauses Expansion Plans on Prices, Supply Glut

Arcadium Lithium Pauses Expansion Plans on Prices, Supply Glut

Arcadium Lithium Plc will suspend or delay two of its four expansion projects as the global market for the battery metal faces a supply glut and prolonged price slump.The lithium producer plans to pause investment in its Galaxy project in Canada and is exploring the possibility of bringing in a partner for the project, Arcadium said in its second-quarter earnings release on Tuesday. Source link lol
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Instacart Pushes Overseas With Smart Cart Deal in Austria

Instacart Pushes Overseas With Smart Cart Deal in Austria

Instacart is making its first international push outside the US and Canada by testing its smart shopping carts in Europe, a move the company said will lay the foundation for growth beyond its core grocery delivery service.Instacart’s high-tech shopping carts, called Caper Carts, will be used in ALDI South Group’s grocery store in Sattledt, Austria, the companies said Tuesday in a statement. The carts — an effort Instacart began through a $350 million acquisition in 2021 — include self-checkout and are equipped with cameras and sensors to detect items. They have been deployed at metro and suburban branches of US…
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Chill painting game Été beautifully captures summertime in Montreal

Chill painting game Été beautifully captures summertime in Montreal

There's nothing quite like a summer in . After several brutal winter months, the city bursts to life and its residents make the very most of the warmer weather. Été (French for "summer") is a relaxing slice-of-life that deftly captures the essence of Montreal at this time of year, warts and all.You play as an artist who is spending the summer in La Metropole. The first order of business is to set up an easel in your apartment, which has little else but a mattress in it, no thanks to your somewhat brusk landlord. Once you have learned the basic…
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