It’s day two of the Canada Investment Summit, so let’s catch up from yesterday.
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’s → ’ → yesterday
TOP STORIES
From the Canada Investment Summit
Prime Minister Mark Carney said in an interview Monday that his government’s investment summit is part of a strategy to line up foreign capital behind Canada’s manufacturing sector while boosting trade with Asia and Europe.
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summit → say → Asia
He spoke with The Globe hours ahead of the event, where he said capital is just one of many ingredients required to feed the growth needed to boost the economy.
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capital → speak → economy
On the side: Two other conferences are also taking place in Toronto: the Milken Institute Global Dialogues Toronto and the Canadian Global Growth Forum, hosted by the Canadian Venture Capital and Private Equity Association.
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conferences → take → Association
At the Milken Institute’s event, Finance Minister François-Philippe Champagne announced a new federal measure to offer “advance tax rulings” for investments of $1-billion or more.
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Champagne → announce → more
Bell Canada announced it aims to quadruple the capacity of AI data centre operations in Saskatchewan.
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it → announce → Saskatchewan
The news came from the Invest in Saskatchewan Forum at the summit.
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news → come → summit
Top CEOs and finance executives told the room of more than 200 people that Canada does not lack access to capital, but lacks the measures to create investable projects
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Canada → tell → projects
Sources say Brookfield and CPPIB are jointly launching a $50-billion “Maple Fund” for infrastructure and key sectors
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Brookfield → say → infrastructure
Several Chinese state-backed investors are taking part in the summit, another sign of warming ties with Beijing
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investors → back → Beijing
Here’s how the provinces are seeking to capitalize on the summit to court capital for projects
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provinces → seek → projects
Canadian municipalities brace for tariff impact
In Calgary, city officials are projecting new tariff costs reaching close to half a billion dollars.
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officials → brace → dollars
The issue is also becoming an increasingly important factor for voters in the lead up to municipal elections in Ontario, British Columbia, Manitoba and Prince Edward Island.
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issue → become → Ontario
The big picture: Most municipalities across Canada haven’t assessed the extra costs that tariffs will inflict on their budgets.
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tariffs → assess → budgets
But with the possibility of tariffs and countertariffs lasting months or years, cities are starting to look into how the trade war could blow holes in their budgets and they are preparing for deep economic wounds
Cohere CEO says tech giants should not make AI rules
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giants → last → rules
In an essay published Sunday, Cohere CEO Aidan Gomez criticized calls from top leaders in artificial intelligence to slow the pace of development, writing that the proposed approach will entrench power with a Silicon Valley “cartel.”
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approach → publish → cartel
The idea of slowing development was supported by OpenAI CEO Sam Altman and by SpaceXAI founder Elon Musk.
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idea → slow → Musk
Anthropic CEO Dario Amodei wrote in his own published essay that risk-prevention strategies need time to keep up.
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strategies → write → time
Gomez suggests a co-ordinated international effort to develop a framework around AI harms, similar to how financial institutions are licensed.
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institutions → suggest → harms
Ukraine will pause attacks on oil if Russia does the same
Ukrainian President Volodymyr Zelensky said Monday that Ukraine is ready to halt its strikes on Russian territory if allies can secure a genuine Russian commitment not to hit Ukraine’s critical infrastructure.
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allies → pause → infrastructure
His comments came after U.S. President Donald Trump claimed in a social-media post that Russia and Ukraine had agreed “not to hit” each other’s energy infrastructure.
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Russia → come → infrastructure
The context: Trump also claimed that the rise in the price of global diesel fuel “is mostly caused by the Russian/Ukraine war” and not Iran.
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rise → claim → war
High fuel costs associated with the U.S. war on Iran have become a major issue for his party in upcoming congressional elections.
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costs → associate → elections
Party led by former B.C. Conservative gets a new member
Former B.C. Conservative legislator Peter Milobar’s new unnamed party has gained a seventh member.
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party → lead → member
Donegal Wilson said she did not plan to join the new party when she quit the Conservatives on Sept. 2 but found many areas of agreement with the other MLAs.
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she → say → MLAs
The party was founded by Milobar and Ian Paton.
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party → found → Milobar
Other legislators who quit the Conservatives have since joined: Bruce Banman, A’a:liya Warbus, Rosalyn Bird and Teresa Wat.
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who → quit → Conservatives
The new group plans to sit as a caucus when the B.C. Legislature resumes sitting next month.
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Legislature → plan → caucus
The Take
The separatists are treating this with great urgency.
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separatists → treat → urgency
It’s time federalists figure out how to do the same – and for pro-Canada Albertans to make sure they, their friends, their family and their neighbours are going to cast a ballot on Oct. 19.
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going → ’ → Oct.
— Tyler Dawson, an Edmonton-based editor for The Globe and Mail’s Opinion section
Tyler Dawson asks: With five weeks to go before Alberta’s referendum vote, where is the pro-Canada campaign?
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campaign → base → vote
The Shot
A Quebec golf course, once a hangout for the Anglo-American elite, now reflects on 150 years of change.
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course → reflect → change
What else we’re following
At home:
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we → follow → home
The doctor behind a controversy about Atlantic Canada’s physician licensing registry, has been found guilty of assault and counselling his then-girlfriend to forge a document.
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doctor → find → document
Iran condemned the exclusion of the head of its Atomic Energy Organization from the annual gathering of the UN nuclear agency in Vienna.
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Iran → condemn → Vienna
Kelly Nestruck breaks down the best, worst and weirdest moments of last night’s Emmy Awards.
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Nestruck → break → Awards
Party leaders are preparing for two debates this week in the provincial election campaign.
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leaders → prepare → campaign
The first one is tonight and will feature all five party leaders.
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one → feature → leaders
New court documents show that Scotiabank paid music-industry funding non-profit FACTOR $11-million last March to settle a dispute over the theft of $9.8-million from its bank account two years ago.
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Scotiabank → show → account
Beyond job losses and factory closings, criminals are targeting a new source of revenue here: severance.
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criminals → target → revenue
…and 2 more, not listed.
The Aporia
