Business

Nova ScotiaA massive data centre to provide computing power for artificial intelligence is under pre-construction just outside a town on Cape Breton Island, Nova Scotia. EverWind Fuels will own it, an unnamed AI company will lease itTaryn Grant · CBC News · Posted: Oct 16, 2026 10:00 AM EDT | Last Updated: 2 hours agoListen to this articleEstimated 6 minutesThe audio version of this article is generated by AI-based technology. Mispronunciations can occur. We are working with our partners to continually review and improve the results. Nova Scotia announced on Friday morning that a data centre to power artificial intelligence is under construction in Cape Breton. (Taryn Grant/CBC)A massive data centre to provide computing power for artificial intelligence is under pre-construction just outside Port Hawkesbury in Cape Breton. EverWind Fuels said it will build the facility in two stages, with the first phase to come online by the end of 2027 and the second in 2028. The company, headed by Australian-American private equity veteran Trent Vichie, had previously confirmed it has data centre ambitions, but said little else. On Friday, EverWind released more information about its plans.

Elon Musk, Tesla’s CEO and co-founder of SpaceX, recreated a “Knight Rider” moment, showing off his companies’ engineering capabilities with a supercar equipped with cold-gas thrusters developed using SpaceX technology. Tesla's share price increased on Friday, largely due to the hype, but while the demonstration impressed, analysts see limited commercial value in the new model.

AtlanticNova ScotiaNew BrunswickPrince Edward Island Newfoundland and LabradorCalgaryLethbridgeKitchenerGuelphNorthern OntarioSudburyNorth BaySault Ste. MarieTimminsOttawaKingstonBrockvillePembrokeReginaYorktonSaskatoonPrince AlbertTorontoWatchWeatherPeelHamiltonDurhamYorkHaltonNiagaraQueen's ParkToronto City HallIn PicturesVancouverVancouver IslandCanadaLocal SpotlightRoyal FamilyPoliticsNanosPower PlayQuestion PeriodFederal Election 2025WorldMideast ConflictRussia-Ukraine WarWatchLatestCaptured on CameraPoliticsLifestyleConsumerHealthExplainedEntertainmentTechnologyDeception DecodedAutosEnvironmentBusinessInflationReal EstateAutos

Two Nova Scotia businesses have been charged following a two-year investigation into illegal lobster buying in southwestern Nova Scotia. Independent Fisheries in Lockeport and 3329874 Nova Scotia Ltd. in North West Harbour, Shelburne County, both face charges under the Fisheries and Coastal Resources Act. Conservation officers with the Department of Natural Resources laid the charges.

AtlanticNova ScotiaNew BrunswickPrince Edward Island Newfoundland and LabradorCalgaryLethbridgeKitchenerGuelphNorthern OntarioSudburyNorth BaySault Ste. MarieTimminsOttawaKingstonBrockvillePembrokeReginaYorktonSaskatoonPrince AlbertTorontoWatchWeatherPeelHamiltonDurhamYorkHaltonNiagaraQueen's ParkToronto City HallIn PicturesVancouverVancouver IslandCanadaLocal SpotlightRoyal FamilyPoliticsNanosPower PlayQuestion PeriodFederal Election 2025WorldMideast ConflictRussia-Ukraine WarWatchLatestCaptured on CameraPoliticsLifestyleConsumerHealthExplainedEntertainmentTechnologyDeception DecodedAutosEnvironmentBusinessInflationReal EstateAutos

Grass grows under solar panels whether anyone wants it to or not. And once it gets tall enough to shade the bottom edge of the glass, somebody has to deal with it. For years, that somebody was a guy on a mower, or a crew with string trimmers picking their way around a few thousand steel posts. Lately, it’s sheep. The developer pays a shepherd, the mower stays in the barn, and everybody involved seems pretty happy with the arrangement.

(Kitco NewsWire) – Spot gold prices were near steady and spot silver prices were modestly higher in early U. S. trading Friday, as a softer dollar and lower Treasury yields on the week continued to support precious metals following Thursday's rebound. Federal Reserve Chair Kevin Warsh refrained from signaling an October rate increase during overnight remarks at the International Monetary Fund meetings, reducing immediate tightening expectations despite persistent inflation pressure. At the time of writing, spot gold was trading near $4,172.10 an ounce, up $2.30, or 0.06%, while spot silver was trading near $57.630, up $0.330, or 0.57%. Market positioning remains divided between stubborn inflation and growing concerns about economic resilience. September CPI rose 0.6% on the month and 3.7% annually, while Thursday's producer-price report showed a 1.3% monthly increase and a 6.3% annual gain, the largest monthly rise since March 2022. Producer energy prices jumped 10.8%, adding to concerns that elevated crude and fuel costs could prolong inflation.

'This move into medium-density multiplexes could be a game changer for a market like North Bay, where demand is high, but the supply side is quite constrained' Royal Homes, based in Wingham, Ontario, has completed the manufacturing and installation of 32,000 square feet of new rental housing in North Bay in just three months.

AtlanticNova ScotiaNew BrunswickPrince Edward Island Newfoundland and LabradorCalgaryLethbridgeKitchenerGuelphNorthern OntarioSudburyNorth BaySault Ste. MarieTimminsOttawaKingstonBrockvillePembrokeReginaYorktonSaskatoonPrince AlbertTorontoWatchWeatherPeelHamiltonDurhamYorkHaltonNiagaraQueen's ParkToronto City HallIn PicturesVancouverVancouver IslandCanadaLocal SpotlightRoyal FamilyPoliticsNanosPower PlayQuestion PeriodFederal Election 2025WorldMideast ConflictRussia-Ukraine WarWatchLatestCaptured on CameraPoliticsLifestyleConsumerHealthExplainedEntertainmentTechnologyDeception DecodedAutosEnvironmentBusinessInflationReal EstateAutos

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

AtlanticNova ScotiaNew BrunswickPrince Edward Island Newfoundland and LabradorCalgaryLethbridgeKitchenerGuelphNorthern OntarioSudburyNorth BaySault Ste. MarieTimminsOttawaKingstonBrockvillePembrokeReginaYorktonSaskatoonPrince AlbertTorontoWatchWeatherPeelHamiltonDurhamYorkHaltonNiagaraQueen's ParkToronto City HallIn PicturesVancouverVancouver IslandCanadaLocal SpotlightRoyal FamilyPoliticsNanosPower PlayQuestion PeriodFederal Election 2025WorldMideast ConflictRussia-Ukraine WarWatchLatestCaptured on CameraPoliticsLifestyleConsumerHealthExplainedEntertainmentTechnologyDeception DecodedAutosEnvironmentBusinessInflationReal EstateAutos