The Logic
@the_logic
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Canada's business and tech newsroom
Toronto, Ontario
Joined July 2017
Kevin Carmichael: Canada needs a culture shock, not just more of the same. https://t.co/Zzfmmem5XH
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At duelling luncheons, Carney and Poilievre delivered their budget hot takes. https://t.co/bRgaSKCuRx
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Lawsuits claim ChatGPT encouraged delusional spirals and suicides. https://t.co/iWjnm5LoLx
thelogic.co
Allan Brooks, one of the plaintiffs, spent weeks speaking to ChatGPT about a mathematical formula he had devised that could bring down global financial systems. Then he realized it was all a lie.
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New from me: All three Canadian firms in a key DARPA program to prove out quantum computing's groundbreaking potential have advanced to the next stage Nord Quantique, Photonic and Xanadu all made the cut, putting them closer to up to US$316M in funding https://t.co/uYOsAAbEmW
thelogic.co
Nord Quantique, Photonic and Xanadu are through to the next phase of a major U.S. initiative to test the capabilities of quantum computing that could lead to hundreds of millions of dollars in...
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Bank of Canada says it can handle open banking and stablecoin work despite budget cuts. https://t.co/EDHOlPeuZf
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Our AI-powered platform helps you deliver digital innovation faster and with less risk by providing a fundamentally better approach to test automation.
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The Big Read: Young founders are trying to revive Vancouver’s dying startup scene. https://t.co/m0E34ZCgaa
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Canadian quantum firms all make the first cut in U.S. defence program. https://t.co/3M6kbV7Yew
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The newsroom hosted a subscriber-exclusive event covering the most important takeaways from Prime Minister Mark Carney's first budget. Subscribers can watch the recording here: https://t.co/s3yJZIGyS5
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Introducing XRPR: The first U.S. ETF giving you spot exposure to XRP via a traditional ETF.
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TODAY: The newsroom is hosting a subscriber-exclusive event covering the most important takeaways from Prime Minister Mark Carney's first budget. Subscribe to join: https://t.co/t6CiUUfjHT.
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Canada makes another run at luring top tech talent from the U.S. https://t.co/lXHetwgpj9
thelogic.co
An immigration fast-track program promised in the federal budget targets H-1B visa-holders facing steep fees south of the border
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Carney’s first budget sketches out ‘grand bargain’ with oil and gas sector. https://t.co/JzEZm7jyRm
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New from me: The Liberal government plans to use its buying power to spur data centre buildout, but won’t yet commit significant sums to fund projects #Budget2025 tasks AI Minister Evan Solomon to negotiate deals with digital infrastructure developers https://t.co/KaesmfS1fY
thelogic.co
The government passes on major financing for the capital expenditures of AI infrastructure projects in an attempt to protect Canada from a potential AI bubble
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Big banks ramp up startup investments after a post-pandemic lull. https://t.co/LboEEsSHu0
thelogic.co
Canada's Big Six and Desjardins poured US$177 million into startups in the first eight months of the year, a major increase from 2024
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Budget reveals how Ottawa plans to make data-centre deals. https://t.co/aeZRA3L0gR
thelogic.co
The government passes on major financing for the capital expenditures of AI infrastructure projects in an attempt to protect Canada from a potential AI bubble
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Kevin Carmichael: Carney’s first budget fails to deliver a big bang despite all the big spending. https://t.co/KH5uJEUC3E
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Abacus Global Management $ABL Reports Third Quarter 2025 Results Third Quarter 2025 Highlights: • Total revenue for the third quarter grew 124% to $63.0 million, compared to $28.1 million in the prior-year period. The increase was driven by continued growth in Abacus’ Life
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Ottawa just moved oversight of open banking to the Bank of Canada. https://t.co/wRi7pJPpTh
thelogic.co
The shift will make it easier for fintechs to get accredited under the new framework aimed at giving people more control over their financial data
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Federal budget expands accelerated tax write-offs to help compete with U.S. https://t.co/c7Q9ktDORu
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Budget shows what Carney’s big promises will cost but few of the sacrifices he says Canada must make. https://t.co/Ceyqlvf8Zl
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1/ Major changes were pushed to Subtensor mainnet. Let’s dig in.
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