The Logic

Fairfax buys majority stake in India’s IDBI Bank for $7.9B

The Toronto-based holding company will own a nearly 61 per cent stake in the bank, after beating out four rival bidders. It’s ...
The Logic

Data centre infrastructure firms 3C and Datalec merge, plan Calgary expansion

Steve Walton, CEO of Calgary-based liquid-cooling company CoolIT Systems between 2020 and 2024, founded 3C, which provides ...
The Logic

U.S. banking regulator accuses TD and BMO of discriminating against conservative clients

The Office of the Comptroller of the Currency (OCC) included the Bank of Montreal and TD Bank among nine banks accused of ...
thelogic

Tech firms want AI models to create better versions of themselves

MONTREAL — The next advances in the capabilities of AI could well be made by AI itself, as tech giants and startups automate more machine learning research and development. Many firms are aiming for ...