PRESS DIGEST-Canada - July 9

Meta Platforms
MDA Space Ltd

Meta Platforms

META

0.00

MDA Space Ltd

MDA

0.00

- The following are the top stories from selected Canadian newspapers. Reuters has not verified these stories and does not vouch for their accuracy.



THE GLOBE AND MAIL

** Tech giant Meta META.O announced Wednesday it will build a massive data ​center in central Alberta, the company's first in Canada, as it rapidly builds out computing capacity to support the global AI ‌boom.



** Canada's MDA Space MDA.TO has entered into an agreement to acquire a 70% stake in the French earth observation company Collecte Localisation Satellites for roughly C$920 million in cash, and is issuing shares to raise C$1 billion in aggregate gross proceeds to help fund the deal.