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Canada must turn to the next generation of Canadian technology – the CANDU MONARK – to power its future

Canada must turn to the next generation of Canadian technology – the CANDU MONARK – to power its future

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Ontario has a homegrown solution to the problem of decarbonizing its energy supply in CANDU nuclear technology.
To meet increased demand and zero-carbon energy by 2050, new nuclear reactors will be needed in the province.IMAGE COURTESY OF ATKINSRÉALIS

Ontario will soon be making some big decisions about nuclear power. Already the largest beneficiary in Canada of this clean, reliable, stable power source, Ontario gets between 50-60 per cent of its power from nuclear. Recently, the provincial government announced its intention to build 4,800 MW of new nuclear power production at Bruce Power’s site in Kincardine, Ont., the largest operating nuclear site in the world. It has also announced that it will extend the life of four CANDU® reactors at the Pickering Nuclear Generating Station for another 30 years of safe operation and that it intends to build four small modular nuclear reactors (SMRs), including

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CSIS director says China’s concerted effort to steal Canadian technology is ‘mind-boggling’

CSIS director says China’s concerted effort to steal Canadian technology is ‘mind-boggling’

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Canadian Security Intelligence Service Director David Vigneault prepares to appear before the Special Committee on the Canada–People’s Republic of China Relationship, on Parliament Hill in Ottawa, on April 29.Justin Tang/The Canadian Press

Canada’s top spy says China’s concerted efforts to steal cutting-edge Canadian technology is mind-boggling, and is designed to build the People’s Liberation Army as a formidable force against Western interests.

David Vigneault, the director of the Canadian Security Intelligence Service, told MPs on the Canada-China committee Monday that Chinese hacking and other espionage activities have become a serious threat since Xi Jinping became president in 2012.

Canada and other wealthy Western countries have been targeted by People’s Republic of China actors to obtain high-end technology, he said.

“The statistics is mind-boggling in terms of the amount of attempts against government institutions every day. But more and more we see that those entities

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Canadian technology company creates metals supply chain software to combat fraud

Canadian technology company creates metals supply chain software to combat fraud

Aurubis AG uncovered a large-scale fraud in September involving shipments of scrap metal that it uses to feed its copper smelters, with potential losses running into hundreds of millions of euros.

A Canadian technology start-up with backing from the Industrial Research Assistance Program (IRAP) – the technology arm of the government – says it has developed a secure digital platform to create accountability and transparency within the supply chain.

Pointing out that the multi-trillion dollar commodities industry still primarily operates on physical paper and spreadsheets for its transactions, Alberta-based Daniola created a digital platform that connects metals buyers and sellers and vendors on a three-way marketplace.

The company, whose primary market is Africa, said it has developed a secure and end-to-end solution, enabling users to  track the journey of minerals and metals, starting from the mine through to possession, ensuring the user has full knowledge of where the materials originated.

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These Canadian Technology Stocks Are Trading at a Discount

These Canadian Technology Stocks Are Trading at a Discount

Image source: Getty Images

Write by Sneha Nahata at The Motley Fool Canada

Canadian tech stocks recovered a bit in 2023, with shares of several companies outperforming the broader market index by a wide margin. Despite the recent up-move in technology stocks, they continue to trade cheap on the valuation front, making them attractive investments near the current levels.

With this background, let’s look at two Canadian stocks from the technology space trading at a significant discount.

WELLHealth

WELLHealth (TSX: WELL) provides digital healthcare services, which is why investors sold its stock in 2022, anticipating a slowdown in demand amid easing COVID-related restrictions. However, that didn’t play out, and the company consistently delivered stellar organic revenue and turned profitable, leading to a sharp recovery in its price share. Further, its operations remain immune to the macro headwinds.

Thanks to its solid financial performance, WELL Health stock more than

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