CTV National News: Why Carney says tariffs may be inevitable to reach trade deal
PM Mark Carney says some tariffs may be 'inevitable' for Canada to reach a trade deal with a U.S. Rachel Aiello on what's behind the message.
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Globe and Mail
18 minutes ago
- Globe and Mail
D-Wave Introduces New Developer Tools to Advance Quantum AI Exploration and Innovation
D-Wave Quantum Inc. (NYSE: QBTS) ('D-Wave'), a leader in quantum computing systems, software, and services, announced today that it has released a collection of offerings to help developers explore and advance quantum artificial intelligence (AI) and machine learning (ML) innovation, including an open-source quantum AI toolkit and a demo. Available now for download, the quantum AI toolkit enables developers to seamlessly integrate quantum computers into modern ML architectures. The demo illustrates how developers can leverage this toolkit to experiment with using D-Wave™ quantum processors to generate simple images, reflecting what D-Wave believes is a pivotal step in the development of quantum AI capabilities. By releasing this new set of tools, D-Wave aims to help organizations accelerate the use of annealing quantum computers in a growing set of AI applications. The quantum AI toolkit, part of D-Wave's Ocean™ software suite, provides direct integration between D-Wave's quantum computers and PyTorch, a production-grade ML framework widely used to build and train deep learning models. The toolkit includes a PyTorch neural network module for using a quantum computer to build and train ML models known as a restricted Boltzmann machine (RBM). Used to learn patterns and connections from complex data sets, RBMs are employed for generative AI tasks such as image recognition and drug discovery. Training RBMs with large datasets can be a computationally complex and time-consuming task that could be well-suited for a quantum computer. By integrating with PyTorch, D-Wave's new toolkit aims to make it easy for developers to experiment with quantum computing to address computational challenges in training AI models. 'With this new toolkit and demo, D-Wave is enabling developers to build architectures that integrate our annealing quantum processors into a growing set of ML models,' said Dr. Trevor Lanting, chief development officer at D-Wave. 'Customers are increasingly asking us for ways to facilitate the exploration of quantum and AI, recognizing the collaborative potential of these two complementary technologies.' Turning Quantum AI Potential into Real-World Value D-Wave continues to advance its quantum AI product roadmap, delivering new solutions to customers while expanding development efforts. The company is working with a growing number of customers on exploratory quantum AI projects including: Japan Tobacco Inc.: D-Wave has completed a joint proof-of-concept project with the pharmaceutical division of Japan Tobacco Inc. (JT) that used D-Wave's quantum computing technology and AI in the drug discovery process. The quantum proof-of-concept outperformed classical methods for AI model training in drug discovery. Jülich Supercomputing Centre at Forschungszentrum Jülich: Researchers used D-Wave's quantum technology to develop a ML tool that predicts protein-DNA binding with greater accuracy than traditional methods using classical computers. The team integrated quantum computing with support vector machines to achieve improved results in various metrics, significantly enhancing classification performance. TRIUMF: Canada's particle accelerator center and its partner institutions recently published a paper in npj Quantum Information showing significant speedups using D-Wave's quantum computers over classical approaches for simulating high-energy particle-calorimeter interactions—potentially leading to major efficiencies where the AI model is used to create synthetic data. Organizations looking to explore the integration of quantum computing into AI workloads can apply to the Leap Quantum LaunchPad™ program. Kevin Chern, Senior Benchmarking Researcher at D-Wave, will showcase the toolkit and demo during his presentation titled 'An Introduction to Quantum Annealers in Optimization and Machine Learning,' at The AI Research Summit at Ai4 2025, on August 13, 2025 from 11:05 a.m. to 11:25 a.m. PT. About D-Wave Quantum Inc. D-Wave is a leader in the development and delivery of quantum computing systems, software, and services. We are the world's first commercial supplier of quantum computers, and the only company building both annealing and gate-model quantum computers. Our mission is to help customers realize the value of quantum, today. Our quantum computers — the world's largest — feature QPUs with sub-second response times and can be deployed on-premises or accessed through our quantum cloud service, which offers 99.9% availability and uptime. More than 100 organizations trust D-Wave with their toughest computational challenges. With over 200 million problems submitted to our quantum systems to date, our customers apply our technology to address use cases spanning optimization, artificial intelligence, research and more. Learn more about realizing the value of quantum computing today and how we're shaping the quantum-driven industrial and societal advancements of tomorrow: Forward-Looking Statements Certain statements in this press release are forward-looking, as defined in the Private Securities Litigation Reform Act of 1995. These statements involve risks, uncertainties, and other factors that may cause actual results to differ materially from the information expressed or implied by these forward-looking statements and may not be indicative of future results. These forward-looking statements are subject to a number of risks and uncertainties, including, among others, various factors beyond management's control, including the risks set forth under the heading 'Risk Factors' discussed under the caption 'Item 1A. Risk Factors' in Part I of our most recent Annual Report on Form 10-K or any updates discussed under the caption 'Item 1A. Risk Factors' in Part II of our Quarterly Reports on Form 10-Q and in our other filings with the SEC. Undue reliance should not be placed on the forward-looking statements in this press release in making an investment decision, which are based on information available to us on the date hereof. We undertake no duty to update this information unless required by law.
Globe and Mail
38 minutes ago
- Globe and Mail
Corebridge Financial Closes on Largest Portion of Individual Retirement Variable Annuity Transaction with Venerable
Corebridge Financial, Inc. ('Corebridge' or the 'Company') (NYSE: CRBG) today announced that it has successfully closed on the largest portion of the previously announced agreement with Corporate Solutions Life Reinsurance Company, an insurance subsidiary of Venerable Holdings, Inc. ('Venerable'), reinsuring all the Individual Retirement variable annuities issued by American General Life Insurance Company ('AGL'), a Corebridge insurance company subsidiary. The AGL component represents approximately 90% of the value of the full transaction with Venerable, reflecting the reinsurance of the entire in-force book of AGL-issued Individual Retirement variable annuities. Additionally, as part of the AGL transaction, new Individual Retirement variable annuity contracts issued by AGL will be reinsured through an ongoing flow reinsurance agreement with Venerable. The remaining elements of the transaction include the reinsurance of Individual Retirement variable annuities issued by The United States Life Insurance Company in the City of New York ('USL'), a Corebridge insurance company subsidiary, as well as the sale of a related investment adviser and manager (SAAMCo). These are expected to close in the fourth quarter, subject to customary closing conditions including regulatory approvals. About Corebridge Financial Corebridge Financial, Inc. makes it possible for more people to take action in their financial lives. With more than $400 billion in assets under management and administration as of March 31, 2025, Corebridge Financial is one of the largest providers of retirement solutions and insurance products in the United States. We proudly partner with financial professionals and institutions to help individuals plan, save for and achieve secure financial futures. For more information, visit and follow us on LinkedIn, YouTube and Instagram.
CBC
39 minutes ago
- CBC
Cumberland House women to travel Sask. spreading awareness of disruption of northern river delta
A group of Indigenous women from from Cumberland House Cree Nation in Saskatchewan say they want to raise awareness of the harmful effects of dams on the Saskatchewan River delta. For generations, the people of Cumberland House Cree Nation, located about 350 kilometres northeast of Saskatoon, have depended on the Saskatchewan River delta, the largest freshwater river delta in North America, stretching 9,700 square kilometres from northeast Saskatchewan into western Manitoba. In June, lawyers for the First Nation in northeastern Saskatchewan filed a statement of claim in Saskatoon Court of King's Bench, alleging the government has failed to uphold its treaty obligations. It names the government of Saskatchewan as the defendant. Now, a group of women calling themselves the Indigenous Saskatchewan Women's Environmental Water Advocacy Keepers Water Movement, or the Iskwewak Movement for short, are planning to travel the province sharing their knowledge of what has happened to the water system. Veronica Favel, one of the water advocates, said the delta is very important for northern people, who use the waterways to get from place to place. "Currently the waters are quite low and the river system is very hard to navigate," she said. She said in some places you come across sandbars, mud bars and rocks more often now because of low waters, which are also impacting land resources and wilderness camps. "It's very hard to navigate through that because of what's going on. It's actually dangerous to be out there if you don't know the waterways." Favel said there needs to be better management of water, because soon there will be no river delta. "We've been saying this for years," she said. "We've had elders that knew prior to this the existence of the dam. They knew that this was gonna have a huge impact, huge destruction. We've had research studies done on the Sask. River delta, which is our homeland, and we know what it's done to not only the environment, but to the animals that feed off it." Denise McKenzie, another water advocate in the Iskwewak movement, said water is essential to everyone for survival. "Water is life, to us it is sacred, and without clean, healthy water, we're done for," she said. McKenzie said the goal is to spread awareness to people all across Saskatchewan. "The way things are going now, we're not going to have a Saskatchewan River delta, especially after they put in the Gardiner Dam's $4-billion project plans they have for the irrigation project. That will be the final blow to the Saskatchewan river." McKenzie was referring to a massive, three-stage irrigation infrastructure plan Premier Scott Moe announced in 2020. Experts have said that a Saskatchewan government-funded report analyzing the costs and benefits of the project showed it is a risky venture that offers, at best, modest gains. The advocates' journey is set to begin on Aug. 4. They plan to drive from the E.B. Campbell dam in northern Saskatchewan, to Danielson Provincial Park, to Rotary Park in Saskatoon, then finally to Wascana Park in Regina. They say they will be doing ceremonies all along the way and speaking about the harmful effects the dams have on the waterway system. "Water is life. Without water nothing lives, and we see the devastation of what is happening," McKenzie said. "We know we have to do something about it. We need these much needed changes, we need to the protection." She said the Cumberland Lake used to be 30 miles (almost 50 kilometres) in length, and 30 to 40 feet deep. Since the establishment of the E.B. Campbell dam in the 1960s, the lake has drastically shrunk, she said. "Today it is less than two miles across, and it's only two feet of water with the rest sludge down below. You can't even go on a nice canoe trip across the lake," she said. Favel said this change is impacting her community's culture and way of life. "We as Indigenous people, we've always lived here and we've always been in connection with the land and what comes with the land.," she said. "We know that without the land or water our culture is going to die. It's a huge part of it. We're connected with all of that, we're the ones that experience it. We live with it, and we have children, grandchildren that are going to live here forever. So we need to do something about it, and that's this is our duty as protectors of water."
