Category : Search result: data centres


Tech Firms Shift $120B AI Data Centre Debt Off Books

Major tech companies have used complex SPV financing to shield $120 billion in AI data centre spending from their balance sheets, raising concerns about hidden financial risks for Wall Street investors. Read the full analysis.

Navy Reactors Proposed to Power AI Data Centres

A Texas power developer has filed a plan to use decommissioned US Navy nuclear reactors to power data centres, aiming to meet surging AI energy demands. The project could be online by 2029.

AI Boom Forces Dirty Power Plants Back Online

The explosive growth of AI data centres is straining Canada's power grid, forcing utilities to reactivate polluting 'peaker' plants to meet surging electricity demand. Discover the environmental impact.

Batshaw's 'Santa Frank' Delivers Holiday Joy to Kids

Frank Campanile transforms into 'Santa Frank' each year, leading a massive gift-giving operation for thousands of children connected to Batshaw Youth and Family Centres. Discover the heartwarming story.

Flawed U.S. Inflation Data Undermines Trump's Claims

A problematic November 2025 U.S. inflation report, marred by a federal shutdown, casts doubt on cooling price data and President Trump's affordability victory claims. Wall Street labels it 'a mess'.

Alberta's Data Centre Boom Powered by Natural Gas

Premier Danielle Smith says Alberta's $100 billion data centre goal is now attainable after federal Clean Electricity Regulations were suspended, paving the way for natural gas power. Read more.

WinnipegTech Seeks Manitoba Land for Data Centre

A Winnipeg-based tech company is scouting for the perfect 'Goldilocks' plot in Manitoba to build a large-scale data centre, aiming to capitalize on the province's resources and strategic location. Learn more about this potential economic driver.

Calgary Poised for Record New Home Activity in 2025

Calgary's new home construction is on pace for a third consecutive record year, driven by multi-unit starts, though high prices are slowing single-family sales. Explore the latest CMHC data.

Edmonton's 2025 housing starts poised for record year

Edmonton's new home construction is heading for a record year in 2025, driven by apartments and rentals, though a slowdown in detached and row homes is emerging. Explore the latest CMHC data and market trends.

U.S. jobless claims tumble to lowest level

New U.S. labor market data shows a sharp drop in weekly jobless claims, reaching the lowest level recorded. This key economic indicator signals ongoing strength in the American job market.

23andMe proposes $4.49M data breach settlement

A $4.49 million settlement has been proposed in a class-action lawsuit against 23andMe over a major data breach. The deal awaits court approval and could affect many Canadians.

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