Why Canadian payments platform Moneris is being sold to U.S. private equity

August 24, 2026In Media
Global News

Global News cites CAMP research showing that Amazon, Microsoft and Google control 85 per cent of Canada’s public cloud market in its reporting on the sale of Moneris to U.S. private equity. The story points to a broader monopoly problem: Canada’s critical digital infrastructure is increasingly concentrated in the hands of a small number of powerful U.S. firms.

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private equity

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