Uber to open engineering hub in Toronto and expand self-driving centre

Uber to open engineering hub in Toronto and expand self-driving centre
TORONTO — Uber Technologies Inc. is opening a new engineering hub in Toronto and expanding its existing self-driving vehicle centre in the city. The San Francisco-based tech giant’s chief executive officer Dara Khosrowshahi says the hub and expansion will help the company build and update its infrastructure so it can continue to scale and offer more features and products to... Read More

AltaGas to create spin off AltaGas Canada, plans initial public offering

AltaGas to create spin off AltaGas Canada, plans initial public offering
CALGARY — AltaGas Ltd. has announced plans to spin off some of its assets to a new company called AltaGas Canada Inc., while retaining a significant minority equity interest in the business after its initial public offering. The new firm will hold the company’s Canadian rate-regulated natural gas distribution utility assets and contracted wind power in Canada, as well as a roughly 10... Read More