Volatility Shares wants to launch ETFs that let investors bet on the performance of NHL teams, turning sports fandom into a tradable product that could fit inside registered accounts and blur the line between investing and gambling.
Plus, Calgary-based De Havilland is weighing a second production line for Canadair water bombers as demand surges from countries facing worsening wildfires, potentially making the aircraft a bigger piece of Canada’s critical infrastructure and defence strategy.
And in The Big Picture: Alibaba’s AI models hit 3 billion downloads, Ontario and Ottawa put $1 billion toward housing infrastructure, Quebec and Newfoundland near a new power deal, and Stripe finalizes a major OpenRouter acquisition.