Canada is intensifying its battle against monopolistic practices in the digital landscape, focusing its sights on Google in a recent antitrust case aimed at addressing alleged anti-competitive behavior in online advertising. This legal action highlights the significance of competition in the tech industry, as major players like Google grapple with increasing scrutiny from regulators worldwide. […]
Trent University's Innovative Approach to Freshwater Resource Management
Freshwater resources are critical for sustaining life, supporting ecosystems, and fulfilling human needs. However, these essential systems are under increasing threat from climate change, pollution, habitat loss, and invasive species. The scale of these challenges may seem daunting, but Canada, recognized as a leader in freshwater resource management, showcases innovative solutions that inspire optimism. Trent […]
Canada Joins Horizon Europe: A New Era of Innovation and Research Collaboration
In July 2024, Canada officially joined Horizon Europe, the European Union’s flagship funding programme dedicated to research and innovation. This monumental agreement was signified by a joint signing ceremony involving Iliana Ivanova, the Commissioner for Innovation, Research, Culture, Education and Youth, and François-Philippe Champagne, Canada’s Minister of Innovation, Science and Industry. This development not only […]
Gemini to Shut Canadian Accounts by Year-End: The Reckoning of Cryptocurrency Regulations
In a significant shift in the cryptocurrency landscape, Gemini, the well-known crypto exchange, has announced plans to close all Canadian customer accounts by the end of 2024. This decision reflects growing tensions between cryptocurrency exchanges and stringent Canadian regulatory frameworks, mirroring actions taken by other major players in the sector. On October 1, 2024, Gemini […]
AI Could Raise Inflation Short Term, Warns Bank of Canada Governor
In an insightful address at an AI conference in Toronto, Bank of Canada Governor Tiff Macklem highlighted how the rapid adoption of artificial intelligence (AI) technologies could induce short-term inflationary pressures. His views reflect ongoing debates about the balance between technological advancements and economic stability. Macklem’s main argument centers on the premise that while AI […]
Canada Pauses CBDC Project Amid Public Disinterest
The concept of a Central Bank Digital Currency (CBDC) has sparked interest and debate across the globe. Various countries are advancing towards this digital transformation, but Canada has recently decided to pause its own CBDC initiative due to overwhelming public indifference. A significant survey indicated that a staggering 87% of Canadians expressed clear disinterest in […]