Canada

Energy Plug Technologies Corp. has secured an exclusive distribution agreement with Taiwan’s SEETEL New Energy Co., Ltd. for their advanced energy storage systems in Canada, under the “MBT-SEETEL” brand. This partnership aims to supply critical infrastructure sectors like data centers and defense installations across North America. The deal includes dedicated Canadian production capacity and leverages a joint venture with the Malahat First Nation.

Canada ordered Hikvision Canada to cease operations within 120 days, citing national security concerns. Hikvision and China strongly condemned the move, calling it discriminatory and harmful to economic cooperation. This action reflects geopolitical tensions and the scrutiny faced by Chinese tech companies in Western markets regarding national security and data privacy, further complicating global trade.

SmartStop Self Storage REIT, Inc. (SMA) is issuing a CAD $500 million Maple Bond through its operating partnership. The senior unsecured notes, maturing in 2028, will yield approximately 3.91% (3.85% effective after hedging) and are rated BBB (Stable) by Morningstar DBRS. Proceeds will refinance debt and fund acquisitions. The offering is exclusively for Canadian residents. SmartStop owns and manages self-storage properties across the U.S. and Canada.