European startups
fromTheregister
5 hours agoUK firms to deploy AI projects abroad as energy costs rise
One in five UK firms have moved AI workloads abroad due to high energy costs, threatening the government's economic growth plans.
Mercosur represents a number of South American countries, including Brazil, Argentina, Uruguay, and Paraguay. However, it does not offer a reciprocal trading opportunity for Canadian beef farmers and ranchers.
U.S. President Donald Trump issued several pipeline permits on Wednesday, including one for the construction of a new pipeline, to facilitate the transportation of crude oil and petroleum products between the U.S. and Canada.
Sometimes I feel like I'm going to get, like, heart attacks. You feel like how am I gonna survive? What should I do? Should I put more hours [in]? Should I work, like, 14, 15 hours? It's a very hard decision. Singh, who already works seven days a week, estimates he's shelling out an extra $150 to $200 monthly to be on the road in downtown Vancouver.
I lost a lot of money while I was in Alberta. I had quite a lot of debt. Sure, you might save $4 or $5 on your bills, but ultimately, that's not what saved me money at all. Moving to Montreal in the summer of 2024 helped replenish the family's budget, even though la belle province is notorious for its higher taxes.
We knew the story of the international rules-based order was partially false. Just because Canada benefited from it didn't hide the fact that it was unfair. The rules didn't apply equally to everyone. The strongest would exempt themselves when convenient. Power, not principle, set the terms.
Canada's economy could gain nearly seven per cent, or $210 billion, in real GDP by fully removing internal trade barriers between the country's 13 provinces and territories, according to a report published Tuesday by the International Monetary Fund (IMF). On average, the barriers are the equivalent of a nine per cent tariff nationally, estimates the report, which was co-authored by IMF researchers Federico J. Diez and Yuanchen Yang with contributions from University of Calgary economist Trevor Tombe.
Stop invoking 'rules-based international order' as though it still functions as advertised. Call it what it is: a system of intensifying great power rivalry, where the most powerful pursue their interests using economic integration as coercion.
My cofounder and I officially founded West Tek Defense Corporation in August 2022. We were doing smart rifles for the military. It was complicated. (At one point, we were literally balancing redox equations for propellant in the ammo.) The physics background we both had helped a lot; essentially, everything we saw was something we'd encountered in a class or during personal research. We spent about three years on the entire process. Ultimately, we found out it wasn't going to work - mostly because of regulation.
It was a rough week for the Canadian economy. GM laid off 500 workers at a plant in Oshawa, Ont. New threats from the White House targeted Canada's aerospace industry. And Statistics Canada announced its preliminary estimates show gross domestic product contracted in the fourth quarter of last year. Looming over all that bad news is a question about how much and how quickly Canada can realistically expect to diversify its exports.
While entrepreneurship can be challenging, Black founders often face additional barriers in accessing funding, mentorship, and networks, barriers that can also create psychological hurdles. In fact, a 2025 BDC study found that 72% of Black entrepreneurs shared that the fear of racial stereotypes almost stopped them from starting a business. To support founders on every stage of their journey, we've updated our guide to highlight programs, funding, mentorship, and community resources specifically for Black entrepreneurs across Canada!
Y Combinator CEO Garry Tan initially defended the choice on X. YC-backed Canadian startups that reincorporated in the US had twice the average valuation as those that didn't, he wrote. "There are lots of reasons to build great companies in Canada, and there are lots of great YC and non-YC startups that thrive and are making the Canadian tech scene great," he wrote a few hours later. "Where you are incorporated increases your access to capital. That's it."