BlackBerry QNX selfdriving car hits the road in the first Canadian street

OTTAWA — A BlackBerry QNX-equipped self-driving car hit the road in suburban Ottawa in what was billed as the first on-street test of an autonomous vehicle in Canada.The grey Lincoln MKZ pulled away with Ottawa Mayor Jim Watson, councillor Marianne Wilkinson and John Wall, general manager of BlackBerry QNX, aboard.BlackBerry QNX opened an autonomous vehicle innovation centre in Ottawa late last year.“Today is the first public fruits of what we’ve been doing,” Wall said.The street was closed for the public demonstration, which attracted scores of people, but the car is expected to be operating on city streets in the test area amidst real traffic and pedestrians.To aid in the demonstration, the test loop around the suburban technology park has been upgraded with traffic lights equipped with transmitters that communicate with the car as well as repainted street lines and new LED street lights.BlackBerry QNX is developing the software foundation for autonomous vehicles, while Wall said others are working on what he called “the brain.”“In a lot of cases, the OEMs want to own that, so the Fords of this world, the Mercedes of this world, that’s their secret sauce, they’re going to build the brain,” he said.“We’re going to provide all the infrastructure, the security, the safety, the redundancy, the communication, how the signals come in.”Wall said fully autonomous cars without a steering wheel are still a long way off, but he added that cars are already incorporating some of the technology such as sensors that will keep your car in its lane, hit the brake if they think you are going to hit something or detect another car in your blind spot.Automotive and technology companies around the world have been racing to develop self-driving systems.A demonstration test zone has been announced for Stratford, Ont., as part of the Ontario government’s plan to create an Autonomous Vehicle Innovation Network, with the help of $80 million over five years.Canadian auto parts firm Magna International Inc. (TSX:MG) announced earlier this week that it would join BMW and Intel Corp. to develop a self-driving system for the global vehicle marketplace by 2021.Several companies including Uber and Waymo, which was spun out of Google’s parent company, Alphabet Inc. last year, have been testing self-driving cars on city streets in the United States.Uber briefly suspended its self-driving fleet last month after a car collided with a self-driving Uber SUV.BlackBerry QNX has been a supplier of software platforms to the auto industry for 20 years including telematics, infotainment, acoustics, and instrument cluster systems.The Canadian Press read more

Most actively traded companies on the TSX

Most actively traded companies on the TSX by The Canadian Press Posted Jul 18, 2017 2:35 pm MDT Last Updated Jul 18, 2017 at 3:00 pm MDT AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to RedditRedditShare to 電子郵件Email Some of the most active companies traded Tuesday on the Toronto Stock Exchange:Toronto Stock Exchange (15,149.57, down 15.79 points):Element Fleet Management Corp. (TSX:EFN). Financial Services. Up 66 cents, or 7.62 per cent, to $9.32 on 3.9 million shares.Encana Corp. (TSX:ECA). Oil and gas. Up 11 cents, or 0.93 per cent, to $11.97 on 3.8 million shares.Lundin Mining Corp. (TSX:LUN). Miner. Down 14 cents, or 1.69 per cent, to $8.15 on 3.7 million shares.First Quantum Minerals Ltd. (TSX:FM). Miner. Down 27 cents, or 1.97 per cent, to $13.42 on 3.2 million shares.Rogers Communications Inc. (TSX:RCI.B). Telecommunications. Up 31 cents, or 0.49 per cent, to $62.96 on 3.01 million shares.Toronto-Dominion Bank (TSX:TD). Bank. Up 23 cents, or 0.35 per cent, to $65.09 on 2.99 million shares.Companies reporting major news:Champion Iron Ltd. (TSX:CIA). Miner. Up six cents, or 6.06 per cent, to $1.05 on 134,296 shares. It has conditionally agreed to pay an unspecified sum to the Port of Sept-Iles in eastern Quebec to settle their dispute surrounding a 2012 deal. The company, which is the parent of Champion Iron Mines Ltd. and Quebec Iron Ore Inc., plans to use the port for shipping iron ore from the Bloom Lake Mine near Fermont, Que.Tembec Inc. (TSX:TMB). Forestry. Down one cent, or 0.23 per cent, to $4.26 on 608,502 shares. The takeover of the forestry company could be in jeopardy after its second-largest shareholder said Tuesday it will vote against a US$807-million friendly offer by Rayonier Advanced Materials. Restructuring Capital Associates (RCA), which owns 17.1 per cent of Tembec’s stock, said it will join Oaktree Capital Management in opposing the transaction at a vote July 27. read more