The company has received a letter of interest from the Crown corporation to provide long-term debt financing for the project near Timmins.

The expansion will provide more buildings, owners, and operators in Toronto with an opportunity to connect to Enwave’s sustainable deep lake water cooling energy system.

The incident occurred in November 2021 when a section of a brick wall collapsed at the site of the Eastview Horizon Elementary School. Two workers were injured.

Canada was under immense pressure to match the U.S. tariffs, pushed by industry groups including automakers, and steel and aluminum plants.

Statistics Canada’s labour force survey on Friday showed the economy added a modest 22,000 jobs last month, lagging the pace of population growth.