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

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

Why this developer thinks we need even more rental housing

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.

A lower loonie would have direct implications for Canadian investors

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

Tim Hodgson: A divided Canada cannot build what the world needs

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.

Nuvei to buy digital payment platform Payoneer for US$2.75 billion

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.

Construction on Alberta data centres could start this year

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