BUZZ HPC advances 320 MW AI gigafactory in Greater Toronto Area

Hive Digital Technologies’ stock price popped after the Bitcoin miner unveiled a massive data-center buildout in Ontario, Canada.

HIVE's pivot to AI infrastructure highlights a broader trend of crypto miners leveraging existing power assets for more stable revenue streams. The post HIVE surges 35% after announcing 320MW AI gigafactory plans appeared first on Crypto Briefing.

A policy analysis from the perspective of mid-2026 Canada was the first country in the world to launch a national AI strategy. That distinction, announced in 2017 and backed by the Canadian Institute for Advanced Research (CIFAR), was a genuine act of foresight. Nearly a decade later, the Pan-Canadian Artificial Intelligence Strategy (PCAIS) stands as both a celebrated […]

The move expands the Bitcoin miner's BUZZ HPC infrastructure with deployment targeted for 2027.

Bitcoin Depot had roughly 220 machines running in Canada when the Canadian government released its Spring Economic Update in April, proposing a nationwide ban on crypto ATMs to combat scammers and money launderers. The timing could not have been worse for the company. A Company Running Out Of Room The Atlanta-based crypto kiosk operator disclosed […]

The post Tech Giants React to Canada’s Proposed Bill C-22, Threaten Exit appeared on BitcoinEthereumNews.com. Apple, Meta, and Signal have pushed back at Canada’s proposed “lawful access” bill. The tech giants have threatened to leave the region if Canada passes Bill C-22. Bill C-22 proposes increased surveillance from electronic service providers in Canada. Tech giants in Canada are pushing against the proposed “Lawful Access” Bill C-22, which aims to modernize investigative tools for police and intelligence agencies (CSIS). Submitted in March 2026, the bill seeks to compel technology, telecommunications, and internet service providers to simplify granting law enforcement access to user data. Tech Giants Push Back at Bill C-22 The controversial bill has triggered reactions from multiple tech companies, including Signal, Apple, and Meta, all of whom claim it would make Canadians less safe. They believe the bill will give the government unlimited access to the private activities of Cana

The post Chinese EVs are coming to Canada, and dealers are eager to sell them appeared on BitcoinEthereumNews.com. HALIFAX, NOVA SCOTIA — Michael MacGillivray sees the arrival of Chinese electric vehicles in Canada as a potential game changer. “I think it is going to a be a huge eye opener,” said MacGillivray, who oversees 10 dealerships in Nova Scotia and New Brunswick, Canada.  As the CEO of Century Auto Group and SIGMA Auto Group, MacGillivray is working to become one of the dealers in the country who will sell imported Chinese EVs. In April, he went to the Beijing Auto Show with other dealers from Canada to establish relationships with Chinese automakers and get a feel for the cars and SUVs they could eventually export to his country. “When I was in China, I was very impressed by the Chinese vehicles,” he said. “They have materials that are second to none. Their styling is impressive. The ride is very impressive.” Not everyone likes the idea of Canada allowing the sale of EVs impor

The post Canada: Energy lifts CPI, BoC focus on core – TD Securities appeared on BitcoinEthereumNews.com. TD Securities’ Senior Canada Economist Robert Both expects Canadian Consumer Price Index (CPI) inflation to rise to 3.1% year-on-year in April, driven mainly by higher energy and food prices and base effects from last year’s carbon tax changes. Core measures (CPI-trim/median) are projected near 2.1–2.2%, leaving the Bank of Canada (BoC) focused on underlying inflation rather than the temporary headline overshoot into the June policy decision. Energy shock lifts headline inflation “We look for CPI inflation to firm by 0.7pp to 3.1% y/y in April as prices rise by 0.6% m/m, underpinned by another sharp increase for gasoline and other energy products. Base effects from eliminating carbon taxes in April 2025 will also add to the acceleration on a year-ago basis.” “Higher oil/fertilizer prices will also keep upward pressure on food and airfares, but we do not expect broad strength outsid