While restaurants of all kinds are feeling pinched, quick service restaurants are getting hit harder than higher-end ones, according to a report from Restaurants Canada. It’s a signal of a K-shaped economy , where those with the most money can still shell out for a nice meal, but those with lower incomes have no option but to cut back.
The results of an investigation into whether OpenAI’s ChatGPT adheres to Canada’s privacy laws will be made public this morning.
Telecommunications workers are calling for government restrictions on the use of artificial intelligence in the sector, suggesting the technology is being used to monitor workers and disguise the accents of overseas call centre workers.
Elon Musk settled the U.S. Securities and Exchange Commission’s civil lawsuit accusing the world’s richest person of waiting too long in 2022 to disclose his initial purchases of Twitter, now known as X. A trust in Musk’s name will pay a $1.5 million US fine.
Canada had a $1.78 billion trade surplus in March, compared with a $5.11 billion deficit in the prior month. It was the first time in six months that the country exported more than it imported, thanks in large part to higher oil prices because of the war in Iran.
Home sales in the Greater Toronto Area rose on a year-over-year basis for the second straight month in April, while average selling prices moved lower again.
Ekati Diamond Mine’s parent company has filed for creditor protection. It says global events caused the gem’s prices to fall by more than 70 per cent within a year. The filings put at risk hundreds of jobs and millions of dollars in promised payments to Indigenous communities.
The federal government announced on Monday another package to prop up the hard-hit steel, aluminum and copper sectors after U.S. President Donald Trump tightened his tariff regime to apply to more products, hammering Canadian industry.
Concerns are growing about how some young people engage with AI chatbots. Meta is rolling out a tool to let parents monitor topics their children discuss at the same time as Manitoba is proposing banning use of AI chatbots for youth. More research is needed, but evidence suggests some risk factors for mental health.
Alberta launched its sovereign wealth fund decades ago, but it was regularly poached by politicians, which is why the bank balance failed to meaningfully grow.