
Ontarians urge Ford government to scrap US nuclear deal for Canadian renewable energy
Ford signed
contracts in 2021 with US-based GE Hitachi
for small modular reactors (SMRs) at the Darlington site and for enriched uranium imports — as the province moves ahead with
its $20.9 billion plan
to build four of the first SMRs in Canada.
The first reactor is scheduled to be completed by 2029 and connected to the grid by 2030, supplying power to approximately 300,000 homes. The province says the project, once complete, will deliver 1,200 megawatts — enough electricity for 1.2 million homes.
Despite the scale of the investment, it remains unclear how much of the $20.9 billion will go to GE Hitachi or other US-based suppliers.
According to Ontario Power Generation
(OPG), GE Hitachi is the technology developer for the Darlington SMRs — responsible for the design, procurement of major components, and engineering support for the project.
Earlier this year, in response to new US tariffs, Ontario
barred American firms from
its electricity procurement process, urging utilities to 'buy Canadian' and seek domestic alternatives.
The poll of 1,200 Ontarians, conducted by Oraclepoll Research for the Ontario Clean Air Alliance, found overwhelming support for clean energy alternatives: 88 per cent support expanding the grid to import water, wind, and solar from Quebec, Manitoba and the Maritimes; 70 per cent prefer wind and solar over US nuclear technology; 66 per cent back offshore wind projects in the Great Lakes; and 72 per cent support zero-interest utility programs for heat pumps to reduce gas use.
Ontario Energy Minister Stephen Lecce defended the SMR project, calling it a 'nation-building' initiative. It will create 18,000 Canadian jobs, inject $500 million annually into the economy, and 80 per cent of project spending will remain in Ontario, he added.
The construction 'will be led by Canadian workers using Canadian steel, concrete and materials to help deliver the extraordinary amount of reliable and clean power we will need to deliver on our ambitious plan to protect Ontario and unleash our economy,' Lecce said in
a news release
.
But Jack Gibbons, chair of the Ontario Clean Air Alliance, says the project increases Ontario's dependence on foreign suppliers at a time when trade tensions with the US are escalating. According to the alliance, the new reactors will rely on enriched uranium Canada cannot produce due to international non-proliferation agreements — meaning the fuel must be imported from the United States.
'It just doesn't make sense to build new, high-cost US nuclear reactors that will drive up our electricity bills, increase our dependence on the United States, and jeopardize our national security,' Gibbons said. 'We have safer and much cheaper alternatives: wind and solar combined with storage and stronger east-west energy cooperation.'
Gibbons told Canada's National Observer the timing of this nuclear investment is particularly concerning, as Ontario is urging utilities to cut reliance on American suppliers.
'This is exactly the time for Ontario to look for alternative, clean-energy sources within Canada,' he said.
In an emailed response to concerns raised by the Ontario Clean Air Alliance, OPG said building wind, solar, and battery storage to match the Darlington new nuclear project's power output would be more expensive.
OPG also said the renewable alternative would require far more land, new transmission lines and face supply chain risks, according to an analysis by the Independent Electricity System Operator (IESO). In contrast, the power company says the Darlington plan uses existing infrastructure, carries fewer risks, and is in a strategic location. Based on these findings, the IESO recommended going ahead with the project.
The agency said the project is overwhelmingly Ontario-made. While the reactor design originates in the US, OPG says 80 per cent of the project's sourcing is from Ontario, with only five per cent coming from US suppliers. On the issue of fuel supply, the utility says it has established a diversified supply chain to minimize risks.
Gibbons called on Premier Ford to collaborate with Prime Minister Mark Carney, who has pledged to make Canada a global clean-energy leader.
According to the IESO, demand in Ontario is expected to rise 75 per cent by 2050.
A recent report
by the Ontario Clean Air Alliance estimates that electricity from new nuclear power would cost 3.6 times more than onshore wind, three times more than solar, and 1.7 times more than offshore wind.
The alliance report also highlights Ontario's untapped renewable potential — especially wind energy from the Great Lakes, which could supply more than enough clean electricity to meet future demand.
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New York Post
a few seconds ago
- New York Post
America's wealthiest neighborhood is probably not where you'd expect it to be
Move over, Beverly Hills – there's a new neighborhood taking the crown as America's most expensive. Gables Estates, a small gated community located in Coral Gables, Florida, has now taken Zillow's top spot for the United States' most expensive neighborhood, based on home value data over the last 12 months. Advertisement The neighborhood now tops Beverly Hills, California, long regarded as the pinnacle ZIP code of wealth. 'What makes Gables Estates unique is its privacy, sophistication, and livability, which Beverly Hills doesn't fully offer,' Coral Gables-based CEO and co-founder of Vertical Developments, Fernando de Nunez y Lugones, told Fox News Digital. 'Unlike Beverly Hills, which is known mostly for its name and history, Gables Estates is about the lifestyle and the experience, and that consistently draws ultra-high-net-worth buyers.' Seven of the 10 priciest neighborhoods are located in the Sunshine State, while the remaining three are in California. 'This is a long-term trend, not a blip,' Lugones said. 'I remember reading last year that Coral Gables actually beat Beverly Hills, and it makes sense. Buyers and businesses are relocating here for lifestyle, taxes and the overall environment. South Florida is increasingly becoming known as Wall Street South, and Coral Gables stands out for its walkability, amenities, and culture. Markets may fluctuate, but the appeal of space, security, and community remains strong.' Advertisement Zillow's home value index is 'designed to capture the value of a typical property across the nation or the neighborhood,' its website states, by using metrics such as sales transactions, tax assessments, public records, square footage, and location. 5 Gables Estates, a small gated community located in Coral Gables, Florida, has now taken Zillow's top spot for the United States' most expensive neighborhood, according to reports. LightRocket via Getty Images The greater Miami area has experienced an influx of wealth migrating in the post-COVID era. Between 2017 and 2022, more than $14 billion in income flocked to Florida, with more than $9.2 billion going to Palm Beach, Broward, and Miami-Dade counties. Advertisement Additionally, Henley & Partners World's Wealthiest Cities Report for 2025 found that both West Palm Beach and Miami surpassed New York City as the world's fastest-growing wealth hubs. West Palm saw a 112% increase in millionaire growth over the last decade, while Miami saw a 94% increase. Gables Estates is an exclusive waterfront community that features luxurious mansions, lush landscaping, and a canal system that connects directly to Biscayne Bay. The neighborhood began development in the 1920s, and now includes an estimated 160 to 180 properties. Advertisement 5 'What makes Gables Estates unique is its privacy, sophistication, and livability, which Beverly Hills doesn't fully offer,' Coral Gables-based CEO and co-founder of Vertical Developments, Fernando de Nunez y Lugones, said. Bloomberg via Getty Images 'We expect even more interest from ultra-luxury buyers looking to move to Coral Gables and the broader Miami area. As more buyers settle here, the neighborhood's reputation as a world-class enclave will only continue to grow,' Lugones noted. Its residents enjoy high-level security with 24/7 armed guards on land and water. Entry into the community means paying a $100,000 non-refundable application fee to the larger Gables Estates Club. Zillow notes that home listing prices often exceed $21 million. 'Coral Gables is naturally self-limiting since there's only so much prime land, which helps protect against overexposure,' Lugones pointed out. 'At the same time, its prestige and careful development standards allow it to handle national attention without compromising lifestyle or value. As long as growth remains measured, Coral Gables can sustain its momentum for decades.' 5 Gables Estates is an exclusive waterfront community that features luxurious mansions, lush landscaping, and a canal system that connects directly to Biscayne Bay, according to reports. Universal Images Group via Getty Images 5 Entry into the community means paying a $100,000 non-refundable application fee to the larger Gables Estates Club. Carlos Barrios America's top 10 most expensive and least expensive neighborhoods can be found below: Most expensive neighborhoods in the U.S.: Advertisement 1. Gables Estates, Coral Gables, FL 2. Port Royal, Naples, FL 3. Old Cutler Bay, Coral Gables, FL 4. Beverly Hills Gateway, Beverly Hills, CA Advertisement 5. The Flats, Beverly Hills, CA 5 'We expect even more interest from ultra-luxury buyers looking to move to Coral Gables and the broader Miami area. As more buyers settle here, the neighborhood's reputation as a world-class enclave will only continue to grow,' Lugones noted. REUTERS 6. Shady Canyon, Irvine, CA 7. San Marino Island, Miami Beach, FL Advertisement 8. Bear's Club, Jupiter, FL 9. Palm Island, Miami Beach, FL 10. Rivo Alto Island, Miami Beach, FL Advertisement On Zillow's list, the least expensive neighborhood is Bullard Hill in Jackson, Mississippi, with an average home value of $24,026. Other neighborhoods include two in Shreveport, Louisiana; three in Flint, Michigan; and three in Jackson, Mississippi.


TechCrunch
a few seconds ago
- TechCrunch
TechCrunch Mobility: Ford's big bet
Welcome back to TechCrunch Mobility, your central hub for news and insights on the future of transportation. To get this in your inbox, sign up here for free — just click TechCrunch Mobility! Ford made its big EV announcement early this week — a plan to invest $2 billion to transform its Louisville Assembly Plant into a factory capable of making a new generation of affordable EVs, starting with a midsize pickup truck with a base price of $30,000 that is slated to launch in 2027. Amid the presentations from various executives, union leaders, and employees, CEO Jim Farley said something I couldn't quite shake: 'There are no guarantees with this project. We're doing so many new things, I can't tell you with 100% uncertainty that this will all go just right; it is a bet. There is risk.' The bet? The company put together a skunkworks team, which worked for a couple of years to find a way to build a line of affordable electric vehicles that could be made in the United States faster, more efficiently, and with fewer parts, all while preserving profit margins. To do that, the company has scrapped the century-old system that made Ford a household name and developed a new three-pronged assembly line that uses more automation and unicastings. Ford, like many other automakers, is being squeezed by tariffs, slower than expected EV demand, and the looming threat of competition from China. The company has to act if it wants to stay relevant. But is this the move? Ford can't really use this manufacturing technique at other factories, since it is pinned to how the vehicle is designed and then split into three unicastings — a major departure from the method used to assemble its other vehicles. What this means is we're witnessing a $5 billion experiment ($3 billion for the LFP battery factory and $2 billion for Louisville) to keep jobs in the United States. Techcrunch event Tech and VC heavyweights join the Disrupt 2025 agenda Netflix, ElevenLabs, Wayve, Sequoia Capital, Elad Gil — just a few of the heavy hitters joining the Disrupt 2025 agenda. They're here to deliver the insights that fuel startup growth and sharpen your edge. Don't miss the 20th anniversary of TechCrunch Disrupt, and a chance to learn from the top voices in tech — grab your ticket now and save up to $600+ before prices rise. Tech and VC heavyweights join the Disrupt 2025 agenda Netflix, ElevenLabs, Wayve, Sequoia Capital — just a few of the heavy hitters joining the Disrupt 2025 agenda. They're here to deliver the insights that fuel startup growth and sharpen your edge. Don't miss the 20th anniversary of TechCrunch Disrupt, and a chance to learn from the top voices in tech — grab your ticket now and save up to $675 before prices rise. San Francisco | REGISTER NOW A little bird Image Credits:Bryce Durbin A few little birds told us that rental car startup Kyte, which once billed itself as the 'best alternative to Hertz,' is no longer operating. The startup was already in trouble late last year after slashing staff and cutting down to just two markets. But in July, the company sold its customer list to peer-to-peer car share company Turo. (Turo declined further commenting on the terms.) And since then, Kyte appears to have gone fully under, entering a form of receivership in California in late July. That has apparently left a number of customers in the lurch who had already booked rentals through Kyte; Turo told TechCrunch it is only responsible for the assets it purchased — not any financial claims against the now-defunct Kyte. Got a tip for us? Email Kirsten Korosec at or my Signal at kkorosec.07, or Sean O'Kane at Deals! Image Credits:Bryce Durbin Bumper, a U.K.-based buy now, pay later platform for car servicing and repairs, raised $10.8 million in a Series B extension funding led by Autotech Ventures. InMotion Ventures, Suzuki Global Ventures, Porsche Ventures, and Shell Ventures also joined. Chowdeck, a Lagos-based food delivery startup, raised $9 million in Series A funding led by Novastar Ventures, with participation from Y Combinator, AAIC Investment, Rebel Fund, GFR Fund, Kaleo, HoaQ, and others. Eve Air Mobility — the urban air mobility company, announced a $230 million capital raise and dual listing in the U.S. and Brazil. The company has raised $1 billion to date. Ultraviolette, the Indian electric motorcycle startup, raised $21 million in an all-equity round led by the corporate venture arm of Japanese electronics giant TDK Corporation. Ultraviolette's existing investors Zoho Corporation and Lingotto (previously Exor Capital) also participated. Via has filed its S-1 paperwork on its road to IPO. The transit software company has not yet determined the number of shares to be offered or the price range. This dropped just as I was sending out this newsletter, so I haven't read through the entire doc yet. A couple of items worth noting, though: The company's revenue grew 35% to $337 million from 2023 to 2024. Its net loss narrowed to $90 million over the same time period. And CEO Daniel Ramot's 2024 compensation package, which includes stock grants, is $9.5 million. Per the footnotes, the company is issuing him an additional grant package for 2025 and a cash bonus program. WeRide, the Chinese autonomous vehicle company, has secured an investment from Grab. The companies did not disclose the investment amount. WeRide said the funds will help speed deployment and commercialization of Level 4 robotaxis and shuttles in Southeast Asia. Notable reads and other tidbits Image Credits:Bryce Durbin Foxconn will no longer build electric tractors for California startup Monarch Tractor after the Taiwanese tech giant recently sold its Ohio factory to SoftBank. History lesson: Foxconn had planned to establish an electric vehicle contract manufacturing operation at the factory and Monarch was one of four companies it was working with. The other three (Lordstown Motors, Fisker, and IndiEV) have all gone bankrupt. Some high-profile executive shuffling is underway. Self-driving truck maker Waabi hired Uber Freight CEO Lior Ron (who has a long and interesting history in the AV world) as chief operating officer. Rebecca Tinucci, who previously spent six years building Tesla's charging network, has taken over as head of Uber Freight. Ron will stay on as Uber Freight's chairman. A spending freeze on the National Electric Vehicle Infrastructure program has thawed after months of uncertainty. The Trump administration has finally issued new guidance that states can use to dole out $5 billion in funding for electric vehicle charging infrastructure, after spending months withholding the money. Rapido, a popular ride-hailing platform in India, is beta-testing its food delivery service in Bengaluru in a challenge to market leaders Swiggy and Zomato. How many pivots can one company make in its lifetime? Revel is testing the bounds of that question. The company, which started out as an electric scooter rental service, has shut down its ride-hailing service in New York City. Revel will instead focus on its nascent EV charging business. A bit more on the 'Tesla Dojo is dead' news that I wrote about last week. Elon Musk confirmed that Tesla has disbanded the team working on its Dojo AI training supercomputer, just weeks after announcing he expected to have Tesla's second cluster operating 'at scale' in 2026. Tesla is shifting its focus to its AI5 and AI6 chips, which are being manufactured by TSMC and Samsung, respectively. Note: Tesla's plant in Buffalo, New York, was supposed to be the home of the Dojo supercomputer and the company had committed to investing $500 million into the factory over five years to bring Dojo there. Riding in a Waymo robotaxi is a modern, even futuristic, experience for customers. With one exception: the music. Reporter Max Zeff wrote about why Waymo's music upgrade matters. One more thing … The Autonocast, the other podcast I co-host (I'm also on TechCrunch Equity) that is focused on the future of transportation, had another episode that I think you'll be keen to listen to. This time, we interview Nuro co-founder and president Dave Ferguson.


Axios
a few seconds ago
- Axios
How North Korea's IT army is hacking the global job market
Nearly every Fortune 500 company is hiding the same uncomfortable secret: they have hired a North Korean IT worker. Why it matters: Despite how widespread the issue is, few companies are willing to talk publicly about it. Experts say reputational risk, legal uncertainty, and embarrassment all contribute to the silence — which in turn makes the problem harder to solve. Dozens of resumes, LinkedIn profiles, and fraudulent identity documents shared with Axios lay bare the scale and sophisticated of the scams. The big picture: For North Korea, this is a precious revenue stream that evades American sanctions — capitalizing on the wealth of high-paying remote worker roles in the U.S. to route cash back to Pyongyang. In the past two years, companies and their security partners have begun to grasp the scale of the problem — and now, they're sounding the alarm about where it's headed next. "They've been stealing intellectual property and then working on the projects themselves," Michael "Barni" Barnhart, principal investigator at DTEX Systems, told Axios. "They're going to use AI to magnify exponentially what they're already doing — and what they're doing now is bad." Between the lines: It sounds easy to simply weed out North Korean job applicants. But some of the world's biggest firms have found it devilishly difficult. That's because the North Korean operation has become as complex as a multi-national corporation. It involves several North Korean government offices, dozens of China-based front companies and Americans willing to facilitate the fraud. And the undercover North Korean IT workers are often exceptional at their jobs — at least until they start stealing sensitive data or extorting companies that try to fire them. Google Threat Intelligence VP Sandra Joyce recalled the response of one employer when told they likely had a North Korean fraudster on staff: "You guys better be right, because that is my best guy." The groups running the show North Korea has invested years into building up its remote IT labor force, providing training not just for remote job fraud but also corporate espionage and IP theft. Workers are selected and trained at elite institutions such as Kim Chaek University of Technology and the University of Sciences in Pyongsong — some with specializations in software development, AI or cryptography. Research from DTEX shows that the most advanced worker scams are often coordinated with units like APT 45, a notorious government hacking group known for infiltrating companies, running scams and laundering money. Other participants in the scheme include the Lazarus Group, which typically leads the regime's cryptocurrency hacks and has positioned insiders within crypto companies, and Research Center 227, a new AI research unit inside North Korea's intelligence agency. The intrigue: Cybersecurity companies have been discovering and naming new groups running these hacks, with names like Jasper Sleet, Moonstone Sleet and Famous Chollima. The scale Driving the news: Nine security officials who spoke with Axios all said they've yet to meet a Fortune 500 company that hasn't inadvertently hired a North Korean IT worker. Google told reporters at the RSA Conference in May that it had seen North Koreans applying to its jobs. SentinelOne and others have said the same. KnowBe4, a cybersecurity training company, admitted last year that it hired a North Korean IT worker. A smaller cryptocurrency startup told the WSJ that they accidentally had North Korean workers on their payroll for almost two years. In one case, Sam Rubin, senior vice president of Palo Alto Networks' Unit 42 consulting and threat intelligence team, told Axios that within 12 hours of a large client posting a new job, more than 90% of the applicants were suspected to be North Korean workers. "If you hire contract IT workers, this has probably happened to you," Rubin said. The intrigue: Even small-to-mid-sized companies that rely on remote IT talent or outsource their IT needs to a consulting firm have encountered this problem, Adam Meyers, senior vice president of counter adversary operations at CrowdStrike, said. CrowdStrike has investigated more than 320 incidents where North Korean operatives landed jobs as remote software developers, according to the company's annual threat hunting report published earlier this month. How it works Getting a job at a U.S. company — and going undetected — is a team effort that involves several North Korean IT workers, China-based companies and even a handful of Americans. Some of the North Korean workers are even stationed in China and other nearby countries to keep suspicions low. First, the workers identify potential identities they can assume. Those are often stolen from a real person, or even from a dead U.S. citizen. To pull off this deception, they create fake passwords, Social Security cards and utility bills. Many of them use the same recognizable tablecloth in the background of fake ID photos, Meyers said. For instance, in a December indictment of 14 North Koreans, the workers were found using stolen identities to apply to dozens of jobs. Second, the workers find open jobs in software development, technical support and DevOps posted on Upwork, Fiverr, LinkedIn, and third-party staffing platforms. Much of this is streamlined through AI tools that help track and manage their job applications. Many of them will use AI tools to help generate passable resumes and LinkedIn profiles, according to Trevor Hilligoss, senior vice president at SpyCloud Labs. "There's a hierarchy: There's a group of people who are the interviewers, and they're the ones with the really good English specialties," Hilligoss told Axios. "When they get hired, that gets turned over to somebody that's a developer." Those developers will often juggle several jobs and multiple different personas. Zoom in: Job interviews would seem like the obvious time to catch a fraudulent application. But the "applicants" — whether they're using their real faces and voices or AI-enabled personas — are practiced interviewers with the skills necessary to complete technical coding assignments. In multiple cases, hiring managers only realized something was wrong weeks later when employees looked or behaved differently than during the interview, Barnhart said. After landing the job, the developers step in and request that their company laptop be shipped to a U.S. address — often citing a last-minute move or family emergency. That address often belongs to an American accomplice, who typically operates what's known as a "laptop farm." These facilitators are told to install specific remote desktop software onto the laptops so the North Korean worker can operate the laptop from abroad. In July, the FBI said it executed searchers of 21 premises across 14 states that were known or suspected laptop farms, seizing 137 laptops. Then there's the challenge of ensuring the salaries actually reach the North Korean regime. That often requires the facilitators forward the paychecks to front companies across China or funnel it through cryptocurrency exchanges. In a report published in May, researchers at Strider Technologies identified 35 China-based companies linked to helping North Korean operations. Challenges Hiring processes are so siloed that it's difficult for managers to see all the signs of fraud until the North Korean workers start their roles, Kern said. Even if a company suspects something is wrong, the forensic signals can be subtle and scattered. Security teams may detect unusual remote access tools or strange browser behavior. HR might notice recycled references or resumes that reuse the same phone number. But unless those insights are pooled together, it rarely raises alarms. "There's not one giant red flag to point to," said Sarah Kern, a leading North Korea analyst at Sophos' Counter Threat Unit. "It is multiple technical forensic aspects and then such a human aspect of small things to pick up on that aren't necessarily going to be in telemetry data from an endpoint detection standpoint." Yes, but: Even when these workers are detected, they're not easy to fire. Many of them are so talented that managers are reluctant to even believe they could actually be in North Korea, Alexandra Rose, director at Sophos' Counter Threat Unit, told Axios. If these workers are caught, employers then face a litany of problems: Some workers will download sensitive internal data and extort the companies for a hefty sum in a last-ditch effort to bleed the company of whatever money they can. Some workers have filed legal complaints, including workers' compensation claims, Barnhart said. In one case, Barnhart said he had a worker try to claim domestic violence protections as they were being fired just to buy time. "There is a lot of focus on companies that cybersecurity shouldn't just be for the CISO," Rose said. "You want a bit of that security feel throughout the company, and this is the kind of case that really demonstrates why that is." The bottom line: Some companies also hesitate to report these incidents, fearing they could be penalized for unknowingly violating U.S. sanctions — even though law enforcement officials have said they're more interested in cooperation than prosecution. What's next Right now, the operations are predominantly focused on making money for North Korea's regime. Threat level: But the hacking groups involved are evolving into something more sophisticated and dangerous — including by potentially building their own AI models and feeding in sensitive U.S. company data. That's a particular concern in the defense sector. Barnhart says his teams have seen North Korean IT workers increasingly studying information about AI technologies, drone manufacturing and other defense contract work. What to watch: As U.S. companies become more alert, North Korean IT workers are shifting their focus abroad as they seek employment at other companies and set up laptop farms throughout Europe — suggesting the operation is only just now ramping up, instead of slowing down.