A Beijing company recently released China's smartest artificial intelligence model yet — narrowing the gap between that country and the U.S. in a race that some have likened to a new cold war. Some U.S. companies have started using Chinese AI models, citing better performance Play Listen to this article …
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Bell slashes nearly 700 jobs in latest round of layoffs
Bell Canada says it's cutting about 690 employees, mostly managers, to help reduce debt and drive growth. The cuts follow thousands of company layoffs last year. Bell Canada says it has cut about 690 manager and news division jobs Play Listen to this article Estimated 2 minutes The audio version …
Read More »Are toy stores dying? Why big-box chains are struggling even as toy sales climb
In the age of screens, amid reports of retail stores struggling and studies suggesting that all kids want for Christmas are Robux, what does the future hold for the toy industry? Canadian toy sales were up 18 per cent in the first half of 2025, led by 'kidults' Play Listen …
Read More »U.S. stock market sees unsettled day of trading ahead of Nvidia earnings report
The U.S. stock market swung through another unsettled day of trading on Wednesday, ahead of a couple of crucial tests for Wall Street. Nvidia beats analysts' expectations with latest profit report Play Listen to this article Estimated 4 minutes The audio version of this article is generated by text-to-speech, a …
Read More »Alberta already has sky-high car insurance rates. Will 120 km/h speed limits send premiums higher?
Vehicle insurance companies are going to keep a close watch on whether the Alberta government keeps driving forward with a proposal to increase some highway speed limits to 120km/h. Faster speeds could translate into more severe crashes and injuries, and higher insurance costs, too Play Listen to this article Estimated …
Read More »New home construction dropped 17% in October, says CMHC
The annual pace of housing starts, also known as new home construction, fell 17 per cent in October compared with September, the Canada Mortgage and Housing Corp. said on Tuesday. Data suggests homebuilding likely to cool next year, according to economist Play Listen to this article Estimated 2 minutes The …
Read More »Cloudflare restoring services after outage takes down ChatGPT, X, other sites
Internet infrastructure provider Cloudflare says it has identified an issue that caused outages for the social media platform X, some multiplayer games and ChatGPT. Cloud company identified the issue, according to its status page Play Listen to this article Estimated 4 minutes The audio version of this article is generated …
Read More »Annual home sales fall in October as CREA expects lower rates to boost market in 2026
The Canadian Real Estate Association says the number of residential properties that changed hands in October was lower compared to a year ago, as prices also fell. Housing activity still likely to be 'tempered' by economic uncertainty, Canadian Real Estate Association says Play Listen to this article Estimated 2 minutes …
Read More »Inflation rate ticks down to 2.2% in October, mostly due to falling gas prices
Canada's inflation rated edged down to 2.2 per cent in October, largely due to gas prices falling at a faster pace, Statistics Canada said on Monday. Excluding gas, inflation came in at 2.6%, same as September Play Listen to this article Estimated 3 minutes The audio version of this article …
Read More »Christmas presents, in this economy? How some people are shifting their spending
This year's holiday season approaches amid soaring grocery prices, trade tensions and economic uncertainty. Given that, some people say they're planning a more modest Christmas, whether it's by spending less, giving fewer or more intentional gifts, relying more on charitable services, or scaling it all down. Some Canadians preparing for …
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