TEO · REPORTER
Canadian Soil · American Capital · Both Sides — The Lorneville AI Data Centre
More than 200 residents marched May 9 against a proposed 380-MW AI data centre in Lorneville, NB. VoltaGrid (Texas, $1B Blackstone+Halliburton) + Beacon AI Centers (Calgary, majority-owned by Nadia Partners NYC, CEO ex-Blackstone CTO) = US private equity on both sides of the same deal. The principal is publicly Trump-aligned. NB's Lobbyist Registration Act statutorily exempts the Premier's office.
Read the unwind →Canada's 1st Stable Coin? Is it Really Canadian?
We checked it out and the cap tables tell a different story than the brand. Tetra Digital Group launched CADD on May 4. Three named backers carry foreign minority equity. The fourth carries something more exposing — and the federal Stablecoin Act doesn't reach any of them.
Read the unwind →13,500+ CGI Staff in India Process Canadian Federal Data — and the U.S. CLOUD Act Reaches Them
CGI Group is Canadian-headquartered. A meaningful share of its work for CRA, IRCC, ESDC, and the RCMP is delivered out of Bangalore, Mumbai, and Chennai. Two foreign legal regimes can reach that data. Canada's cannot reach back.
Read the unwind →Shopify Pays Through Stripe — Where Does the Data Go?
Every Canadian merchant processing on Shopify Payments routes their customer card data through Stripe's U.S. infrastructure. Card numbers, names, and billing addresses cross the border before ever reaching the merchant's bank. The Cloud Act applies to every transaction.
Read the unwind →