Meet the Canadian team racing to build the next generation of AI-powered workers
BNN Bloomberg
A small Ontario robotics firm says it’s poised to boost production of its humanoid robots as the global race for AI‑driven machines intensifies.
Tarek Rahim, CEO and co‑founder of Mirsee Robotics in Cambridge, Ont., says the company is testing the third generation of its made-in-Canada humanoid robot, known as MH3, with plans to move to a mass‑production model next year.
“I can’t wait for what’s coming ahead. It’s really exciting,” says Rahim of recent attention grabbing developments in the industry.
Last month, a video of robots made by China’s Unitree went viral. It showed the machines performing kung fu punches, kicks and flips in perfect formation. The display stunned viewers worldwide and marked a major leap forward from earlier demonstrations.
“They are delivering humanoids that have incredible performance and value,” says Rahim of the dozens of Chinese companies now making humanoid robots — which are robots that look and move like humans.
“Frankly, I think they are far ahead of Western competitors.”
Crude oil stayed above US$100 a barrel on Monday and Gulf countries reported more attacks by Iran as the war entered its third week, while share prices were mixed.
Representatives from Beijing and Washington began their economic and trade talks in Paris on Sunday, Chinese official news agency Xinhua reported.
The impact of the Iran war on fuel prices in Canada may encourage more drivers to go electric, some experts say, but others warn the conflict will drive up prices of "pretty much everything."
The U.S. is temporarily easing some sanctions on Russian oil shipments, reflecting global concerns over sharply higher crude prices due to supply shortages stemming from the Iran war.
The Trump administration this week stepped up its ambitious effort to replace about US$1.6 trillion in lost tariff revenue that was eliminated by the U.S. Supreme Court’s decision to strike down a range of the president’s import taxes.
The Bank of Canada will be balancing a last-minute flood of economic data with uncertainty around trade and war in the Middle East as it prepares to make its second interest rate decision of 2026 this week.
The Trump administration has expanded its trade investigations to 60 countries, including Canada, in an effort to shore up the president’s tariff policies.
Canada has committed to supplying 23.6 million barrels of oil as part of a larger International Energy Agency plan to help stabilize energy markets as the war in the Middle East continues.
Canada’s energy-heavy index may cushion stocks from oil shocks, but rising crude prices could boost inflation and pressure consumers.
Venture Global will proceed with phase 2 of its CP2 liquefied natural gas project in Louisiana, the company said on Friday.
The U.S. is temporarily easing some sanctions on Russian oil shipments, reflecting global concerns over sharply higher crude prices due to supply shortages stemming from the Iran war.
Telus Corp.’s global IT and customer services arm says it’s investigating a breach of its systems.