Category : Search result: Big Tech AI spending


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.

Wealthsimple's 2026 Plan to Take on Big Six Banks

Wealthsimple CEO Michael Katchen details the fintech's pivotal 2025, its $10B valuation, and its aggressive roadmap for 2026 to compete with Canada's major banks, fueled by government pushes for more financial competition.

BlackBerry reports Q3 profit of US$13.7 million

Canadian tech firm BlackBerry swung to a Q3 profit of US$13.7 million, a significant turnaround from last year's loss. Discover the details behind the company's financial rebound.

OSFI Holds Domestic Stability Buffer Steady at 3.5%

Canada's banking regulator keeps the domestic stability buffer unchanged, citing strong bank performance and a $60+ billion capital cushion. Explore the implications for lending and the economy.

Holiday Spending to Give Canadian Economy $11B Boost

Canadian consumers plan to spend an average of $943 this holiday season, injecting an estimated $11 billion into the national GDP. Get the details on the 'Buy Canadian' trend and economic impact.

Expert Tips for Picking the Right Canadian Bank Account

Financial expert Christopher Liew breaks down the key factors for selecting a bank account in Canada. Learn about fees, ATM access, and choosing between big banks, credit unions, and online-only institutions.

Big Six Bank Bonuses Rise 15% on Higher Dealmaking

Canada's largest banks increased performance-based compensation by 15% in fiscal 2025, driven by robust capital markets and wealth management profits. Discover which banks led the pay hikes.

Canada's Big Six banks earn $16.45B in Q4 profit

Canada's largest banks reported a combined $16.45 billion profit in the fourth quarter, driven by a boom in capital markets. Discover the key factors behind this financial surge.

Shopify CEO criticizes foreign tech subsidies

Shopify CEO Tobias Lütke calls out Liberal government's $72M subsidy to Nokia as 'toxic' to Canadian tech economy. Analysis shows Canada ranks 17th in global innovation.

Shopify CEO Criticizes Foreign Tech Subsidies

Shopify CEO Tobias Lutke calls federal subsidies for foreign tech firms 'toxic.' Analysis reveals Canada ranks 17th in global innovation, contradicting government claims.

Utah father charged with child torture after hike

A Utah father who went missing with his three children during a hike has been charged with child torture and abuse. The incident occurred near Big Cottonwood Canyon in Salt Lake City.

AI Debt Wave Threatens Credit Markets

Massive AI-driven debt sales from tech giants like Alphabet and Meta could overwhelm buyers and weaken credit markets globally. Learn about the risks.

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