Economy

“BMO CEO Raises Concerns Over AI Trustworthiness in Banking”

Bank of Montreal's CEO, Darryl White, has raised concerns about the trustworthiness of artificial intelligence agents when it comes to safeguarding personal banking data. White voiced his apprehension during...

“Air Canada Introduces $30 Phone Booking Fee”

Air Canada has implemented a new policy where customers booking flights over the phone are now subject to...

“Airbnb Limits Guest Cleaning Tasks Starting Nov. 20”

Starting from the end of next month, guests using Airbnb will have reduced tasks to complete before checking...

Bank of Canada Faces Pressure to Raise Interest Rates

The Bank of Canada has maintained its interest rates at the same level since July 2023. While it...

“Alberta Business Leaders Celebrate Decision to Remain in Canada”

Business leaders in Alberta are expressing relief following a decisive vote to remain in Canada. The outcome of...

“Canada’s Economy Soars in Q2 Amid Trade Tensions”

Canada experienced a significant economic growth spurt in the second quarter of this year, marking its fastest pace of expansion since 2004. Statistics Canada...

“Canada Faces Complex Challenges in Addressing Trade Obstacles”

The breakdown of negotiations with the United States has emphasized the need to address trade obstacles within Canada. However, experts suggest that rectifying this...

“Canada’s Economy Surges in Q2, Exceeding Expectations”

Canada's economic performance in the second quarter saw robust growth driven by increased exports and higher domestic investments, according to recent data from Statistics...

Enbridge partners with KKR and Apollo for $2.7B pipeline boost

Enbridge Inc. has finalized an agreement with KKR and Apollo to establish a collaborative partnership aimed at supporting the extension of its Westcoast natural...

“Chapman’s Ice Cream Shifts to Canadian Ingredients Amid Trade Tensions”

Chapman's Ice Cream, an Ontario-based ice cream company, has announced plans to substitute over 70% of its American ingredients with Canadian or non-U.S. sources....

“Canadian Banks Bullish Amid Trade War Uncertainties”

Three major Canadian banks offered cautiously optimistic views on the economy on Thursday, in stark contrast to the concerns expressed by numerous smaller businesses...