11:58:57 EDT Mon 21 Sep 2026
Enter Symbol
or Name
USA
CA



Royal Bank of Canada
Symbol RY
Shares Issued 1,386,599,470
Close 2026-09-18 C$ 284.45
Market Cap C$ 394,418,219,242
Recent Sedar+ Documents

Globe says RBC, Microsoft see Deep Sky make its pitch

2026-09-21 08:10 ET - In the News

Also In the News (C-MSFT) Microsoft CDR (CAD Hedged)

The Globe and Mail reports in its Saturday edition that Deep Sky Corp.'s golden opportunity was being invited to apply for Prime Minister Mark Carney's Canada Investment Summit last May. The Globe's Sean Silcoff writes that Montreal-based Deep Sky needed to raise capital for its carbon capture project, which eventually made it into the government's coveted summit prospectus deal book. The company's effort culminated in three days of wall-to-wall events, investor meetings and shoulder-rubbing in Toronto's financial district. At every turn, they made the case for their company, which is testing eight different direct air capture technologies that pull carbon from the sky at a demonstration plant an hour north of Calgary. The project featured in the deal book is the first phase of a planned Alberta megafacility called Deep Sky One. It will eventually suck 500,000 tonnes of carbon from the sky each year; the goal is to be operational in the second half of 2028. Deep Sky is seeking up to $200-million (U.S.) in project equity, construction debt and strategic investment to finance the facility's $328-million (U.S.) first phase. It will sell the offset credits to its customers, which include RBC, Microsoft and Lufthansa.

© 2026 Canjex Publishing Ltd. All rights reserved.