Finance & Policy NA

Canadian government launches $50m ‘Smart City Challenge’

The Canadian government has once again reiterated its commitment to the smart city movement by officially launching a new $50m 'Smart City Challenge'. The innovative project has been specifically designed to encourage communities nationwide in the country to leverage new technology.

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Construction of new $900m ‘smart community’ underway in Canada

The development of a new 'smart community' in Canada labelled one of the most ambitious projects ever undertaken in the country is underway. REZ Real Estate officially confirmed that the construction of District Union, a project worth $900m has begun and signaling the emergence of a 'new smart, organic community' in the home of the Maple Leaf.

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US firm receives $150m investment to accelerate its deployment of technology in smart cities

US smart cities technology and media firm Intersection has formally announced that it has received $150m in a recent funding round which was led by US conglomerate Graham Holdings Company. New investors Arrow-Mark Partners and New-Spring also invested. The strategic plan behind the financing round is to accelerate the deployment of its smart city technology on a global scale.

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