🇨🇦 1. Quebec Legislature Votes to Cut Ties with Monarchy
In a historic move, the National Assembly of Quebec has unanimously passed a motion calling for the province to sever all ties with the British monarchy. The decision comes shortly after King Charles III’s visit to Canada, during which he opened the 45th Canadian Parliament and delivered the Speech from the Throne. The motion reflects Quebec’s ongoing debate over its constitutional relationship with the Crown. Wikipedia
🛡️ 2. Canada Joins European Defense Procurement Pact
Defense Minister David McGuinty announced Canada’s intention to join the ReArm Europe plan, a major European defense procurement initiative. The move aims to bolster Canada’s defense capabilities amid shifting global alliances and follows U.S. President Donald Trump’s suspension of military aid to Ukraine. McGuinty is set to address industry leaders at the CANSEC trade show in Ottawa before attending a NATO defense ministers’ meeting in Brussels next week. CityNews Vancouver
💰 3. Definity Acquires Travelers’ Canadian Operations for $3.3 Billion
Definity Financial Corp. has signed a deal to acquire most of the Canadian operations of U.S. insurance firm Travelers for $3.3 billion. The acquisition will make Definity the fourth-largest property and casualty insurer in Canada, adding approximately $1.6 billion in annual gross written premiums to its portfolio. The deal excludes Travelers’ Canadian surety business and is expected to close in the first quarter of 2026, pending regulatory approvals. BNN
🔥 4. Alberta Wildfires Threaten Oil Industry Amid Trade Tensions
Ongoing wildfires in Alberta are posing significant risks to Canada’s oil industry, which is already grappling with low inventories due to recent U.S. tariff threats. The fires have disrupted operations and could have broader implications for global energy markets, especially as Canada navigates trade tensions with the United States. Bloomberg
🤖 5. Bell Canada to Open Six AI Data Centres in British Columbia
Bell Canada has announced plans to open six artificial intelligence data centres in British Columbia as part of its Bell AI Fabric initiative. The project aims to create the largest AI compute cluster in Canada, enhancing the country’s position in the global AI landscape and supporting various industries through advanced computing capabilities. BNN
