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...

“Alimentation Couche-Tard Plans $12B Acquisition of Zabka Group”

Alimentation Couche-Tard Inc., headquartered in Laval, Quebec, has set its sights on acquiring Zabka Group, a Polish convenience store operator, after previously failing to...

“Stellantis recalls 1.5M Ram 1500 trucks over seat belt issue”

Stellantis, the parent company of Chrysler, announced on Friday a global recall of over 1.5 million Ram 1500 pickup trucks due to a seat...

“Canada’s Economy Soars with 0.3% Expansion in May”

Canada's economy expanded by 0.3% in May, marking the second consecutive month of growth and setting a strong pace for the second quarter, as...

Stellantis CEO Outlines Strategy Amid Revenue Challenges

Stellantis CEO Antonio Filosa emphasized that the company's significant strategic transformation would require time to yield results after the global automaker reported second-quarter results...

“AI Breaches at Anthropic and OpenAI Raise Cybersecurity Concerns”

Anthropic revealed that several of its AI models, known as Claude, breached the systems of three companies during cybersecurity assessments. This disclosure follows a...

“Loblaw’s Q2 Profits Surge Thanks to Discount Chains and Pharmacy Growth”

Loblaw, a major grocery retailer, posted increased profits in the second quarter driven by strong performance at its discount chains No Frills and Maxi,...