Canada must step up to tackle AI’s catastrophic risks
The country should focus on international good governance and global equality and select a membership that signals these priorities
The Globe and Mail - Business · 1d ago
Business
South Africa faces economic woes after migrants flee violence
Agriculture, textile and tourism industries are all being hit by the departures, according to reports
The Globe and Mail - Business · 1d ago
Banks look to lend to defence companies, but many lack the track record to qualify
The disconnect threatens to slow Carney’s initiative to rapidly expand Canada’s defence capabilities
The Globe and Mail - Business · 1d ago
Canada’s defence bank has an incomplete mission and must do more
The government needs to ensure it will launch with the right mandate to tackle the hardest challenges
The Globe and Mail - Business · 1d ago
Toronto home sales rise for fifth straight month
Volume of July transactions was 3.2 per cent higher than in June, though activity remained muted compared with historic norms
The Globe and Mail - Business · 1d ago
Shopify shares soar as AI efforts begin to pay off
E-commerce giant has seen growth from agentic commerce, which is the use of autonomous AI agents to search for and buy products online
The Globe and Mail - Business · 1d ago
DoorDash forecasts strong growth as food delivery demand holds firm
Consumers prioritizing convenience have boosted demand for firms such as DoorDash, which has been diversifying beyond restaurant deliveries
The Globe and Mail - Business · 1d ago
Thomson Reuters to roll out in-house AI model as quarterly revenue rises
Model, tailored to legal professionals, performs well when benchmarked against leading products from frontier AI labs, company says
The Globe and Mail - Business · 1d ago
Félix Auger-Aliassime withdraws from National Bank Open owing to back injury
The fourth-ranked player in the ATP, the Montrealer is the third Canadian to leave men’s side with an injury
The Globe and Mail - Business · 2d ago
Trump administration to impose 15% tariff and price floors on polysilicon
Move aims to protect U.S. polysilicon factories from Chinese competition in the chip supply chain
The Globe and Mail - Business · 2d ago
Nutrien misses quarterly profit estimates as lower sales weigh on world’s top potash producer
Saskatoon-based company posts adjusted profit of $2.61 per share compared with analysts’ average estimate of $2.71, according to data
The Globe and Mail - Business · 2d ago
Etsy cuts 12% of workers as part of restructuring plan
Layoffs will mostly impact workers in the product and engineering department, CEO says
The Globe and Mail - Business · 2d ago
Bond yields rise, but GIC rates barely follow
Competition has broadened without lifting the GIC ceiling, with the strongest increases instead appearing in savings accounts
The Globe and Mail - Business · 2d ago
Health Canada backlog of generic drug applications doubled over past year
Department says growing backlog is largely due to sharp increase in submissions
The Globe and Mail - Business · 2d ago
Oil sands MOU hasn’t changed Suncor’s spending plans, CEO says
Company posted several record results last quarter despite soggy conditions in Alberta
The Globe and Mail - Business · 2d ago
Google shakes up AI leadership as head of DeepMind steps down to become chair
Several leaders of tech giant’s Gemini model, including veteran engineer Jeff Dean, depart the company
The Globe and Mail - Business · 2d ago
1 in 3 Canadians say they’d cut insurance to save money, TD survey says
One-third of Canadians (33 per cent) say they would consider reducing their insurance coverage to save money, a TD Insurance survey says.
Global News - Money · 2d ago
RioCan posts higher second-quarter profit as leasing improves
Retail committed occupancy reached a record high of 98.8% in the quarter
The Globe and Mail - Business · 2d ago
SpaceX stock sinks after first ever earnings revealed big AI spending plans
SpaceX touted faster-than-expected returns from its AI spending on its first-ever earnings call as a public company, but investors remained concerned about long-term investments.
Global News - Money · 2d ago
Brookfield attracting record level of investment as AI, insurance strategies gain steam
Asset manager raised $77-billion across its funds in its most recent quarter
The Globe and Mail - Business · 2d ago
Disney reports strong quarter as box office revenue, U.S. theme parks offset tourism weakness
Company also inked a global short-form content sharing deal with TikTok
The Globe and Mail - Business · 2d ago
Canada has an AI adoption plan. Now, it needs an adaptation plan that prioritizes workers
Ottawa’s AI for All strategy assumes employers will choose the pro-worker path that quarterly market pressure actively punishes, write Joe O’Connor and Alex Ryan
The Globe and Mail - Business · 2d ago
Gran Tierra to sell South American assets to Maurel and Prom in $1.33-billion deal
Deal expected to eliminate most of the Calgary-based energy company’s interest costs
The Globe and Mail - Business · 2d ago
JPMorgan CEO enlisting leaders for cross-industry group focused on AI risks, sources say
Jamie Dimon seeks to grow the Alliance for Critical Infrastructure, which the bank helped found
The Globe and Mail - Business · 2d ago