Developer withdraws plans to build northern Ontario AI data centre over public opposition

Listen to this article Estimated 3 minutes The 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. A developer has withdrawn its plans to build a two-megawatt artificial intelligence (AI) data centre in Armour Township, Ont., due to…

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Ontario creates new rules for real estate brokerages in light of iPro Realty scandal

Ontario real estate brokerages will soon be required to submit annual financial filings to the province’s industry regulator in a move it says will “strengthen financial oversight.” Starting Oct. 1, all brokerages will be required to “attest to and submit” information about financial statements, trust and access, unclaimed trust monies and compliance attestations, the Real…

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4 charged in $48M fraud investigation involving Ontario firearms distribution business

Descrease article font size Increase article font size Four people have been charged in a fraud investigation into a $48-million financial scheme, according to Waterloo Regional Police. Police said its commercial fraud unit recently completed a complex, multi-year investigation into a local firearms and ammunition distribution business, along with a commercial financing company. Between 2016…

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