The European Union plans to create the first subsea Internet cable directly connecting Europe to Greenland. The Pan-Arctic Cable project could also extend to Canada and eventually link with Japan and South Korea, notably bypassing the United States.
The Pan-Arctic Cable is described as a European Union flagship project in a European Commission joint communication published on October 20, 2026. The policy document describes a new European strategy for the Arctic that supports “a sovereign, secure and resilient submarine cable connection linking Greenland directly to the EU,” while also suggesting that “like-minded partners like Canada” could provide a stepping stone for future cable expansion toward Asia.
“It is interesting that this project is even being considered, because five years ago it would have seemed like not a particularly commercially attractive proposition,” Elisabeth Braw, a senior fellow at the Atlantic Council who leads the Threats to the Global Maritime Order Initiative, told Ars. “But the fact that it's being considered is very much on trend and a sign of our times.”
Lockheed Martin will update the radar warning and electronic support software on Canada’s CH-148 Cyclone maritime helicopters under a $9.8 million contract awarded through the U.S. Navy, with work running until October 2030. Naval Air Systems Command placed the contract with Lockheed’s Owego, New York, operation on behalf of the Canadian government, which is paying […]
Canada has proposed a stablecoin rule that would let an issuer reward a payment while barring it from paying people to keep tokens in their wallets. The distinction appears in draft regulations published October 24, with comments open until December…
Canada has opened a 60-day consultation on proposed stablecoin regulations that retain its ban on issuer-paid yield and require reserves to be held with qualified Canadian financial institutions. The Department of Finance published the draft in the Canada Gazette on…
The Royal Canadian Air Force has taken delivery of its first two CF-35A stealth fighters, the Canadian version of the Lockheed Martin F-35A Lightning II, at Luke Air Force Base in Arizona, the service announced. The jets will stay at Luke, a major U.S. Air Force training base for F-35 pilots from the United States […]
The Ottawa Police Service’s tactical unit has added a Roshel Senator armored vehicle fitted with a hydraulic assault ramp that can lift officers to second-floor windows and rooftops in seconds, giving Canada’s capital the same Canadian-built armored vehicle that Ukraine has used in large numbers on the battlefield. U.S. manufacturer Patriot3 announced that its LIBERATOR […]
Armored vehicles built by Emirati manufacturer Streit Group have been spotted again in Russian service, this time with Gyurza, the special rapid response unit (SOBR) of Rosgvardia’s Main Directorate for the Moscow region, which was photographed operating a Cobra-LAMV 4×4. The light armored vehicle is built on a Toyota Land Cruiser chassis and marketed by […]
The U.S. military has used HAARP, the giant research antenna field in Alaska long at the center of conspiracy theories, as the transmitter for an experimental radar that detected aircraft beyond the horizon by bouncing signals off the upper atmosphere. Military personnel, scientists and international partners carried out the live-fly test from Sept. 7 to […]
Canadian defense contractor Calian Group has won a five-year contract worth about CA$47 million ($33.2 million) to keep writing the scenarios behind NATO’s major command exercises at the alliance’s Joint Warfare Centre in Stavanger, Norway. The Ottawa-based company said it won the contract after a competitive procurement and will continue an existing role as a […]
Tetra Digital Group has expanded its Canadian-dollar stablecoin CADD onto Solana.
CADD is designed to maintain a 1:1 relationship with Canadian dollars held as reserves.
The September 23 rollout is a Solana expansion; CADD had already launched on other blockchain networks earlier in 2026.
Canada’s regulated stablecoin market now has a new Solana connection.
Tetra Digital Group has deployed CADD, its Canadian-dollar stablecoin, on the network, giving applications another way to settle and transfer CAD-denominated value onchain.
CADD Brings Canadian Dollars Into A Dollar-Dominated Market
Most stablecoin activity revolves around the U.S. dollar.
USDT and USDC dominate onchain liquidity, payments and crypto trading, leaving users dealing in other currencies to convert through dollar-denominated assets.
CADD is designed to offer a Canadian-dollar alternative.
Tetra says each token is backed on a 1:1 basis by Canadian-dollar reserves and can be used for payments, transfers, treasury operations and settlement.
The company describes CADD as the first Canadian-dollar stablecoin issued by a regulated financial institution.
Solana becomes another distribution network for the token alongside CADD’s earlier deployments on Ethereum, Base and Tempo.
That is the key framing: September 23 marks the Solana rollout, not the original creation of CADD.
Regulated Stablecoins Still Need Clear Token Verification
Shortly after the Solana launch, Tetra warned users that copycat CADD tokens were appearing on the permissionless network and published the official mint address.
That is a practical problem whenever a regulated asset moves onto a public blockchain.
Anyone can create a token with a familiar ticker.
The name alone does not prove it represents a claim on the issuer’s reserves.
For applications integrating CADD, verifying the official mint therefore becomes as important as checking the issuer behind the asset.
Solana gives Tetra access to low-cost, high-throughput settlement and an active stablecoin ecosystem.
Canada has traditionally been a smaller crypto market than the United States, but having a regulated local-currency token creates infrastructure that payment companies and financial applications can build around.
CADD does not need to compete with USDT globally to matter.
It needs to make moving Canadian dollars onchain useful enough that businesses stop automatically routing everything through U.S. dollar stablecoins first.
This article was written by the News Desk and edited by Samuel Rae.
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