Category : Search result: 2 billion investment


Powerball Jackpot Hits US$1.25 Billion

The Powerball lottery prize climbs to an estimated US$1.25 billion after no one won the grand prize in the December 15 drawing. The massive jackpot continues to capture North American attention.

Canada's $80B High-Speed Rail Plan: 44-Year Payback

The federal government launches an ambitious high-speed rail link from Toronto to Quebec City. With an $80 billion price tag and a 44-year payback period, we examine if this transformative project is feasible.

$1.6M Cryptocurrency Scam Reported by Peel Police

Peel Regional Police report victims lost $1.6 million in a sophisticated cryptocurrency investment scam. Authorities urge the public to exercise extreme caution with online investment offers.

Netflix buys Warner Bros for $83 billion

Netflix Inc. has agreed to an $83 billion takeover of Warner Bros Discovery's studios and streaming business, poised to create a dominant global entertainment giant. Discover the details and implications of this historic deal.

$2B Copper Joint Venture Announced for Sudbury Basin

Mining giants Vale and Glencore have agreed to a $2 billion joint venture to develop a major brownfield copper project in Ontario's Sudbury Basin, marking a significant investment in Canadian mining.

Canada's foreign investment falls to 18-month low

Foreign direct investment in Canada dropped to $18.2 billion in Q3 2024, the lowest level since early 2024. Explore the trends and policy responses affecting Canada's economic landscape.

$26.8B Nuclear Refurbishment Proceeds in Pickering

Durham, Ontario moves forward with massive $26.8 billion nuclear refurbishment project at Pickering Generating Station, securing energy future for the region. Learn about this critical infrastructure investment.

Brookfield launches $10B AI fund with Nvidia

Brookfield Asset Management partners with Nvidia and Kuwait Investment Authority to launch $10 billion AI infrastructure fund, targeting global AI build-out with potential $100 billion in assets.

Global Capital Shifts in Real Estate Investment

Colliers' 2026 Global Investor Outlook reveals investors are actively redeploying capital across sectors and regions, with data centers booming and offices staging a comeback.

Trump to sue BBC for $5B over edited speech

Former President Donald Trump announces potential $5 billion lawsuit against BBC for editing his speech. Legal battle could set media precedent. Read latest developments.

Shareholders approve $85 billion rail merger

Union Pacific and Norfolk Southern shareholders have voted to support an $85 billion merger that could reshape North American rail transportation. Learn about the implications for Canadian supply chains.

TSX surges 300 points with gold hitting US$4,200

Canadian stock market experiences major rally as gold prices approach unprecedented US$4,200 per ounce. Discover what's driving this historic surge and what it means for investors.

New Defence Investment Agency Head Starts Role

Canada's Defence Investment Agency welcomes new leadership today as part of government modernization efforts. Learn how this change will impact national security and defence procurement.

AI Megadeals Drive Canadian VC to $1.8B in Q3

Canadian venture capital activity rose to $1.8B in Q3 2025, fueled by AI megadeals like Cohere. Despite the quarterly uptick, year-to-date investment of $4.9B lags significantly behind 2024.

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