Welcome to this week’s edition of TechBomb’s This Week in Technology, your go-to roundup of the latest breakthroughs, earnings reports, and industry news shaping the tech landscape.
New Mackenzie Investments Solutions Offer Stable, Attractive Yields
Mackenzie Investments launched three new fixed-income products—Mackenzie AAA CLO ETF (TSX: MAAA), Mackenzie Target 2027 North American IG Corporate Bond Fund & ETF (TSX: MTBA), and Mackenzie Target 2029 North American IG Corporate Bond Fund & ETF (TSX: MTBB)—designed for Canadian investors seeking predictable income with lower volatility. Managed by Mackenzie’s Fixed Income Team, these solutions provide exposure to high-quality collateralized loan obligations and investment-grade corporate bonds, matching maturities to investors’ goals while mitigating interest-rate risk.
Read more: https://www.newswire.ca/news-releases/new-mackenzie-investments-solutions-offer-investors-stable-opportunities-for-attractive-yields-804502907.html
Alpayana Raises Offer to C$1.15 Per Sierra Share
Alpayana Inc. increased its unsolicited cash bid to C$1.15 per share for Sierra Metals Ltd., up from its prior offer, and confirmed it has no plans to enter a support agreement. The revised proposal underscores Alpayana’s drive to secure control of Sierra’s Peruvian and Mexican mining operations and fast-track exploration and development.
Read more: https://www.newswire.ca/news-releases/alpayana-announces-a-price-increase-to-c-1-15-per-sierra-share-and-has-no-plans-to-sign-a-support-agreement-852543864.html
Copper Giant Resources Becomes Pantera Copper Corp.
Copper Giant Resources Corp. completed its name change to Pantera Copper Corp., reflecting its strategic shift toward copper and precious-metal assets across Canada. This rebranding follows the acquisition of the Minto copper-gold project in Yukon and signals the company’s commitment to supplying critical battery-metal resources.
Read more: https://www.newswire.ca/news-releases/copper-giant-resources-completes-name-change-871883741.html
CloudAvanti Launches Boutique-Style Oracle Cloud Services
Toronto-based CloudAvanti officially launched, offering enterprise-grade Oracle Cloud expertise combined with a high-touch, boutique service model for mid-market Canadian businesses. Their team of seasoned cloud architects and developers will help simplify migrations, optimize costs, and accelerate digital transformation with personalized support.
Read more: https://www.newswire.ca/news-releases/cloudavanti-launches-to-bring-enterprise-grade-oracle-cloud-expertise-and-capabilities-with-boutique-level-service-to-the-mid-market-868730584.html
Paramount Resources Declares May Dividend
Calgary’s Paramount Resources Ltd. announced a cash dividend of C$0.05 per common share for May 2025, payable June 13 to shareholders of record May 23. This marks the company’s 16th consecutive quarterly payout, reflecting robust free-cash-flow generation from its Montney shale gas operations.
Read more: https://www.newswire.ca/news-releases/paramount-resources-ltd-announces-may-dividend-835833725.html
NexLiving Invests in Winnipeg Rental Portfolio
NexLiving Inc. revealed a C$24 million acquisition and renovation of a 169-unit multi-family rental portfolio in Winnipeg, Manitoba. The purchase expands NexLiving’s presence in Western Canada’s rental market, with planned upgrades to boost energy efficiency and tenant amenities in response to strong occupancy trends.
Read more: https://www.newswire.ca/news-releases/nexliving-announces-investment-in-169-suite-portfolio-in-winnipeg-800546794.html
Cipher Pharmaceuticals Launches Normal Course Issuer Bid
Mississauga-based Cipher Pharmaceuticals Inc. announced a normal course issuer bid to repurchase up to 10% of its outstanding common shares on the TSX, including the option for block purchases. The buyback program aims to deploy excess cash to enhance shareholder value, subject to market conditions and regulatory approval.
Read more: https://www.newswire.ca/news-releases/cipher-pharmaceuticals-announces-normal-course-issuer-bid-including-intention-to-utilize-block-purchases-826448028.html
WildBrain Sets Q3 FY 2025 Conference Call
Children’s content producer WildBrain Ltd. scheduled its fiscal Q3 2025 financial results conference call for May 14, covering performance in content production, licensing, and consumer-products segments. Management will discuss pipeline updates, profitability trends, and growth strategies across global studios and digital platforms.
Read more: https://www.newswire.ca/news-releases/wildbrain-announces-conference-call-for-its-fiscal-2025-q3-financial-results-898525339.html
Top U.S. Uranium Mine’s Record Output Fuels Canada’s Nuclear Ambitions
Although based in Wyoming, the Smith Ranch-Highland mine’s record monthly uranium production underscores North American efforts—and Canadian utilities’ interest—in securing domestic nuclear fuel supplies to support clean-energy and decarbonization goals.
Read more: https://www.newswire.ca/news-releases/top-us-uranium-mine-reports-record-monthly-production-and-exceptional-drill-results-to-support-domestic-nuclear-energy-production-829930443.html
Tel-Aide Montréal Expands Service for English-Speaking Quebecers
Tel-Aide Montréal launched a toll-free helpline to better serve English-speaking residents of Quebec, enhancing 24/7 confidential emotional-support services in both official languages and reflecting the province’s linguistic diversity.
Read more: https://www.newswire.ca/news-releases/tel-aide-montreal-launches-toll-free-number-and-expands-its-service-for-english-speaking-quebecers-820497865.html
SOGC Raises Awareness on Maternal Mental Health
The Society of Obstetricians and Gynaecologists of Canada (SOGC) invites women to explore maternal mental health through virtual workshops, an online toolkit, and resources on perinatal depression and anxiety—aimed at empowering families and healthcare providers to recognize symptoms and access care.
Read more: https://www.newswire.ca/news-releases/the-sogc-invites-women-to-better-understand-maternal-mental-health-819310638.html
Frontenac Mortgage Investment Corporation Delays Annual Filings
Frontenac Mortgage Investment Corporation announced it expects to file its audited financial statements and MD&A for the year ended December 31, 2024 by June 30, 2025, missing the May 30 deadline due to valuation complexities. The company stressed other regulatory obligations remain current and will provide updates as needed.
Read more: https://www.newswire.ca/news-releases/frontenac-mortgage-investment-corporation-announces-expected-delay-in-filing-annual-financial-statements-891128464.html
AltaGas Reports Strong Q1 2025 Results
AltaGas Ltd. posted Q1 2025 revenue of C$1.1 billion, up 5% year-over-year, driven by higher natural-gas processing volumes in Alberta and stable regulated utility returns in British Columbia. Adjusted EBITDA rose 8%, and the board reaffirmed full-year guidance amid volatile energy markets.
Read more: https://www.newswire.ca/news-releases/altagas-reports-strong-first-quarter-2025-results-886131664.html
Air Transat Launches Québec City–Fort-de-France Service
Air Transat introduced a seasonal non-stop route between Québec City and Fort-de-France, Martinique, operating twice weekly December 2025 through April 2026. The service enhances connectivity for leisure travellers and Québec’s diaspora in the Caribbean.
Read more: https://www.newswire.ca/news-releases/air-transat-launches-exclusive-non-stop-service-between-quebec-city-and-fort-de-france-889141650.html
CIBC Debuts Adapt™ Mastercard for Dynamic Rewards
CIBC launched the Adapt™ Mastercard, Canada’s first credit card that automatically adjusts reward rates based on spending behavior—offering up to 4% back in frequently used categories by leveraging real-time analytics to maximize loyalty.
Read more: https://www.newswire.ca/news-releases/cibc-launches-cibc-adapta-tm-mastercard-r-the-first-credit-card-in-canada-that-automatically-adapts-to-spending-behaviour-rewarding-cardholders-more-for-everyday-purchases-842000416.html
CMA Marks National Physicians Day
The Canadian Medical Association issued a statement celebrating National Physicians Day, honoring the dedication of doctors across Canada amid workforce challenges and highlighting initiatives to improve physician wellness and retention.
Read more: https://www.newswire.ca/news-releases/statement-cma-marks-national-physicians-day-877232838.html
Readout: Prime Minister Carney Talks EU Collaboration
Prime Minister Justin Carney spoke with European Council President António Costa to discuss enhanced transatlantic cooperation on clean-technology investments, critical-minerals trade, and R&D partnerships—underscoring Canada’s commitment to strengthening supply-chain resilience with the EU.
Read more: https://www.newswire.ca/news-releases/readout-prime-minister-carney-speaks-with-president-of-the-european-council-antonio-costa-802510365.html
