ADVERTISEMENT

EV sales jump in March as federal rebates return, though market share up slightly

Sales of new electric vehicles jumped in March as Canadians took advantage of the long-awaited return of federal government subsidies.

SpaceX accelerates IPO timeline, targets June 11 pricing on Nasdaq: Reuters exclusive

Elon Musk’s rocket and satellite maker SpaceX is planning to price its blockbuster initial public offering as early as June 11 and has picked Nasdaq as its listing venue, people familiar with the matter told Reuters on Friday.

More people are buying zero-emissions vehicles in Canada. Here’s what the numbers say.

A new Statistics Canada report has revealed that this past March, 21,574 new zero-emission vehicles (ZEVs) were sold across the country. That’s an eye-opening increase of 74.7 per cent year-over-year when compared to March of 2025.

‘It’s a big investment’: Ottawa announces major investment in Atlantic Canada’s aerospace sector

Ottawa has announced its biggest investment yet in P.E.I.’s aerospace sector, part of a broader push to strengthen Canada’s defence strategy and build more of the country’s industrial capacity at home.

Global EV demand rises for second month, data shows

Global demand for electric vehicles rose for a second straight month in April as high petrol prices kept steering buyers away from combustion-engine cars, data from consultancy Benchmark Mineral Intelligence showed on Wednesday.

Investors say they want Trump and Xi to stay out of AI’s way

Investors expect U.S. President Donald Trump and his Chinese counterpart to keep trade tensions on the backburner when they meet in Beijing and say they are focused on the booming AI sector and whether the U.S. will relax chip export restrictions.

Loblaw Cos. Ltd. signs partnership deal with Canadian AI firm Shakudo

Loblaw Cos. Ltd. has signed a partnership deal with Canadian artificial company Shakudo.

Apple beats out earnings estimates with continued iPhone momentum

Apple posted strong results for its quarterly earnings on Thursday, but investors’ attention is also focused on the upcoming CEO change and the tech firm’s artificial intelligence strategy.

Cellphone, internet and TV complaints jump 61 per cent: watchdog report

A new report says customer complaints about their phone, internet and television services have surged 61 per cent so far this year.

Billionaire Elon Musk enters courtroom showdown with OpenAI

Jury selection is to begin Monday in a high-profile legal battle between billionaire Elon Musk and artificial intelligence startup OpenAI, which he accuses of betraying its non-profit mission.

CRTC finalizes rates companies pay to access big fibre networks

The CRTC has finalized the rates companies will pay to access the fibre networks of Canada’s largest telecommunications firms as part of its move to increase competition.

At Beijing auto show, Chinese carmakers flaunt new technologies as global competition heats up

China’s top automakers are showcasing their latest models and technologies from intelligent driving to ultrafast charging in Beijing as they compete with global rivals in overseas markets.

Crypto exchanges gear up to launch U.S. perpetual futures ahead of rule change

Global crypto exchanges are racing to capitalize on the U.S. Commodity Futures Trading Commission’s expected move to allow trading in perpetual crypto futures, a popular but risky derivatives product that has so far largely remained offshore.

GE Aerospace keeps outlook, flags slower flight growth as fuel costs rise

GE Aerospace said on Tuesday it was on track to hit the high end of its 2026 profit outlook, but is bracing for a tougher backdrop of elevated oil prices, fuel supply constraints and slower global growth, though it does not expect a recession.

Meta targets May 20 for first wave of layoffs; additional cuts later in 2026

Meta intends to conduct a first wave of sweeping layoffs planned for this year on May 20, with more coming later, three sources familiar with the plans told Reuters.