AGP Executive Report
Last update: 11 hours agoCanada–Saudi Reset: Prime Minister Mark Carney’s first Saudi visit in 25 years is driving a new push on mining, energy and AI, with talks on a double-tax deal, a coordination council and investment forum MoUs aimed at expanding trade beyond oil. AI Infrastructure: DeepInfra says it has launched an AI inference data centre in Toronto (1.7MW, 1,000+ Nvidia GPUs), while Meta is also breaking ground on a major Alberta AI data centre. Sustainable Finance Rules: Canada’s sustainable finance taxonomy advisory group is seeking public input, including whether an “abatement” category should allow fossil-fuel investments—an issue renewable-energy advocates warn could slow progress if implemented too fast. Corporate/Market Moves: Prairie Lithium says its direct lithium extraction unit has arrived in Saskatchewan, targeting commissioning for Q4 2026; Euro Manganese restructures debt into a conditional royalty to improve project financing flexibility. Regulatory & Consumer Watch: Ottawa reports more non-compliance in Temporary Foreign Worker Program inspections; BBB warns Alberta businesses about impersonation fraud; and Air Canada launches a Montreal airport shuttle with no Aeroplan points and no delay/cancellation protection.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.
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