Stony Plain Road construction straining business, shop owners say - CBC

Canada has five hyperscale data centres operating today. Another 159 are proposed or under construction. The insurance market is being asked to price what it has almost no loss history for Canada is in the middle of a data centre construction boom driven by AI demand, with 159 facilities proposed or under construction as of July, according to a York University study - against just five hyperscale facilities of at least 50 megawatts currently operating in the country. Of the 159 in the pipeline, 116 are expected to exceed 100 megawatts of capacity, a scale that has no precedent in the Canadian market. More than 200 new projects have been announced overall, with an average planned capacity of 122 megawatts - more than ten times the average capacity of Canada's 194 active sites.

Here are the key things investors need to know to start the trading day.

Inside the Market’s roundup of some of today’s key analyst actionsDuring the approaching third-quarter earnings season in Canada’s technology sector, RBC Dominion Securities analyst Paul Treiber expects “idiosyncratic organic performance to drive sentiment.” “The performance of technology stocks has bifurcated into those viewed as ‘AI winners’ and those seen as ‘AI losers’,” he explained. Our U. S. Software team previewed calendar Q3 results and noted improving investor sentiment for software stocks, particularly within certain segments like cyber, AI, data/token flow and infrastructure (see notes here and here ). Additionally, they believe that the AI monetization ‘waterfall’ will eventually flow into applications, but this may be more of a 2H/CY27 story. “Amidst this environment, we believe stocks in our coverage that deliver upside organic growth surprises are likely to experience upward valuation multiple re-ratings. Across our coverage, we forecast incrementally stronger organic growth in 2H/ CY26 compared to 1H/CY26.”In a client report released before the bell, Mr.

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