News of the day: More rental housing, lower Canadian dollar, a divided Canada, Nuvei buys Payoneer, Alberta data centres and more

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A white and red sign advertises a house for rent"One of the most important things for Canada is its housing needs. I think rental is a big component of that and it has been ignored for years," said Ugo Bizzarri. Photo by Ajax9/Getty Images

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It’s Monday, June 15. Here are the top stories we’re following today.

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Hazelview Investments’ Ugo Bizzarri has seen it all over his 30-year career in Canadian real estate. Here’s where he thinks the rental market is heading next.

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Increasingly, it looks like the Canadian currency, and ultimately the standard of living tied to it, is where economic pressure will surface first. Increasingly, it looks like the Canadian currency, and ultimately the standard of living tied to it, is where economic pressure will surface first. Photo by Brent Lewin/Bloomberg

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A worsening economic picture is creating risks that could weigh on growth, portfolio returns and living standards, writes Martin Pelletier.

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Tim Hodgson, Minister of Energy and Natural Resources, speaking in Calgary on May 1. Tim Hodgson, Minister of Energy and Natural Resources, speaking in Calgary on May 1. Photo by Brent Calver/Postmedia files

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There are times in a country’s history when the need for unity becomes clear for all to see. Right now, Canada is living through one of those moments, writes Tim Hodgson, Canada’s Minister of Energy and Natural Resources.

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Phil Fayer, founder and chief executive officer of Nuvei Corp., speaks during the Canada FinTech Forum in Montreal, Quebec, Canada, on Sept. 26, 2023. Phil Fayer, founder and chief executive of Nuvei Corp., speaks during the Canada FinTech Forum in Montreal, Que., 2023. Photo by Allen McInnis/Bloomberg

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Payment technology firm Nuvei Corp. has agreed to acquire the U.S. cross-border payment platform Payoneer Global Inc. for US$2.75 billion in a deal that expands the Canadian company’s reach to more than 190 countries.

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This photograph shows servers inside the data centre of French company OVHcloud in Roubaix, northern France on April 3, 2025. Servers inside the data centre of French company OVHcloud in Roubaix, northern France. Photo by Sameer Al-DOUMY / AFP via Getty Images

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Alberta says gigawatt-scale artificial intelligence data centre announcements could be coming soon, but which ones could get the green light?

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