Maple Bear Acquires Pretty River Academy, Expanding Global Access to Quality Education

Published: October 19, 2026 at 10:48a.m. EDTBNN Bloomberg is Canada’s definitive source for business news dedicated exclusively to helping Canadians invest and build their businesses. WASHINGTON — The U. S. Homeland Security Department is ordering the removal of DeepSeek products and third-party services using the Chinese AI model from U. S. civilian agency IT systems, according to a notice published Monday. The department is also banning acquisition of DeepSeek products and third-party services developed using DeepSeek by U. S. civilian government agencies. DHS said DeepSeek models pose “multiple threat vectors” and raised concerns that use of the product “may result in the transfer of sensitive data to the PRC if used by U. S. government employees or vendors.”DHS also said use of DeepSeek by government agencies “could produce actionable intelligence on U. S. persons and/or government agencies. The models themselves may contain malware or other security vulnerabilities.”Latest technology news on BNNBloomberg.caIn a July memo made public Monday, DHS told federal agencies to monitor flows of traffic in and out of government websites to address potential risks from DeepSeek.

Published: October 19, 2026 at 10:46a.m. EDTMicrosoft confirmed Monday that it has pulled out of a U. K. AI data centre deal with British start-up Nscale, in a blow to the country’s artificial intelligence ambitions. The U. S. technology giant agreed last year to lease computing capacity from AI infrastructure provider Nscale, which is backed by chip titan Nvidia, at a planned data centre in Loughton, northeast of London. A Microsoft spokesperson said “this decision relates to a single site”, adding the company remains “committed to our partnership with Nscale”. The deal was announced alongside a flurry of multi-billion-dollar investments from U. S. tech giants during U. S. President Donald Trump’s state visit to the U. K. last year, which were touted as helping turn Britain into an AI superpower. Former Prime Minister Keir Starmer cited the Loughton site as the “largest UK sovereign AI data centre”. But some data centre projects have struggled to get off the ground due to concerns over high electricity prices and lengthy waiting times to connect to Britain’s power grid.

Company NewsPublished: October 19, 2026 at 10:30a.m. EDTBNN Bloomberg is Canada’s definitive source for business news dedicated exclusively to helping Canadians invest and build their businesses. HALIFAX — Chorus Aviation Inc. has signed a deal to buy SkyCare Air Ambulance for $40 million. The company says SkyCare is the largest private fixed-wing air ambulance operator in northern Ontario. It employs about 220 people across bases in Sioux Lookout, Thunder Bay and Kitchener in Ontario, as well as St. Andrews, Man. Latest updates on company news hereSkyCare operates a fleet of 22 aircraft, including turboprops and business jets configured for air ambulance and other specialized missions. Chorus says the purchase price will be funded by $32 million in cash with the remainder payable on or before March 31, 2029, subject to certain performance targets. The acquisition is expected to close in the fourth quarter of 2026.---This report by The Canadian Press was first published Oct. 19, 2026.

Published: October 19, 2026 at 9:58a.m. EDTBNN Bloomberg is Canada’s definitive source for business news dedicated exclusively to helping Canadians invest and build their businesses. WASHINGTON — Over the past couple of weeks, a cybersecurity researcher watched as a Chinese-speaking hacker broke into websites belonging to more than 100 companies, including farm equipment maker Deere, home appliance company SharkNinja and engine manufacturer Cummins. Yet the hacker did almost none of the work. The cybercriminal instead outsourced the hacking spree almost entirely to artificial intelligence, tasking AI agents with spending hours autonomously probing and breaking into targeted sites, according to Snorre Fagerland, principal threat researcher at the cybersecurity company NorForge. In a report provided to Reuters ahead of publication on Monday, Fagerland said the hacker was one of several he discovered while scanning the web for inadvertently exposed instances of Cairn, an open-source AI problem-solving platform popular with hackers. Beginning around Oct.

Published: October 19, 2026 at 9:45a.m. EDTOTTAWA — Canada’s annual inflation rate was 3.1 per cent in September, Statistics Canada says. The agency also released rates for major cities, but cautioned that figures may have fluctuated widely because they are based on small statistical samples (previous month in brackets):— St. John’s, N. L.: 4.6 per cent (4.4)— Charlottetown-Summerside: 5.6 per cent (4.5)— Halifax: 5.4 per cent (4.8)— Saint John, N. B.: 4.8 per cent (4.2)— Quebec City: 3.3 per cent (3.1)— Montreal: 3.0 per cent (3.0)— Ottawa: 3.0 per cent (2.9)— Toronto: 2.1 per cent (2.1)— Thunder Bay, Ont.: 2.8 per cent (3.3)— Winnipeg: 4.2 per cent (4.3)— Regina: 3.4 per cent (3.3)— Saskatoon: 3.1 per cent (3.6)— Edmonton: 3.5 per cent (3.7)— Calgary: 3.4 per cent (3.8)— Vancouver: 3.0 per cent (2.8)— Victoria: 3.4 per cent (3.2)— Whitehorse: 6.1 per cent (5.9)— Yellowknife: 4.7 per cent (4.7)— Iqaluit: 3.0 per cent (3.4)This report by The Canadian Press was first published Oct. 19, 2026. The Canadian Press

EconomicsPublished: October 19, 2026 at 9:37a.m. EDTA pump at a gas station is seen in Toronto, on Wednesday, Sept. 2, 2026. THE CANADIAN PRESS/Keito Newman OTTAWA — Canada’s annual inflation rate was 3.1 per cent in September, Statistics Canada says. Here’s what happened in the provinces (previous month in brackets):— Newfoundland and Labrador: 4.7 per cent (4.3)— Prince Edward Island: 5.7 per cent (4.4)— Nova Scotia: 5.6 per cent (5.1)— New Brunswick: 5.0 per cent (4.6)— Quebec: 3.1 per cent (3.1)— Ontario: 2.5 per cent (2.4)— Manitoba: 4.4 per cent (4.4)— Saskatchewan: 3.3 per cent (3.5)— Alberta: 3.6 per cent (3.8)— British Columbia: 3.0 per cent (3.0)This report by The Canadian Press was first published Oct. 19, 2026.