Where in Canada will Meta build its artificial intelligence data centre? Take our business and investing news quiz for the week ending July 10
Publish Date: 2026-07-10 05:30:00
Source Domain: www.theglobeandmail.com
Here are the four key points summarised from the article for The Globe and Mail’s business and investing news quiz:
- Meta Platforms’ AI Data Centre: Meta announced a plan to invest over $13 billion to construct an artificial intelligence data centre in Sturgeon County, north of Edmonton.
- Cryptocurrency Market: Bitcoin has lost about 40 per cent of its value over the past year according to Canadian dollar terms but companies still seek to capitalize on cryptocurrency.
- Canadian Manufacturing: A KPMG survey revealed that 42% Canadian manufacturing companies are moving production to the United States or considering it, primarily due to trade tensions.
- Microsoft’s Job Cuts: Microsoft announced plans to cut 4,800 jobs globally aiming to boost the returns in its gaming business despite heavy investments.
