Top Stories
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Toronto and Vancouver aren’t getting a World Cup bookings boom
Demand for short-term rentals in Vancouver is lower for the World Cup than it was a year ago. In Toronto, some hotels are dropping rates to try and fill rooms. -
What the new AI strategy really means for Canada
Ottawa believes that widespread use of AI can boost productivity and create hundreds of thousands of jobs. Is that realistic? -
Carmichael: If an AI jobs apocalypse is coming, we’re not seeing it in the data
We do need to think about how AI will affect employment. Panicking won’t help.
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Latest Stories
Business
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Tim Hortons and Neo Financial are ending their loyalty credit card partnership
Branded credit cards are no longer Neo’s “core strategy,” executive says -
Amazon ‘significantly impaired’ attempts to seal union deal, mediator finds
The e-commerce giant slowed down negotiations and attempted to cut the union out of key decisions, according to a mediator appointed to try and break an impasse between the two parties -
AI adoption by small businesses could boost GDP by $150B, BDC claims
Only 30 per cent of Canadian SMEs are using generative AI, according to BDC, despite the bank’s estimate that broader adoption could add billions to the economy -
Canada’s private equity boom is leaving the weakest borrowers exposed
The share of borrowers rated as risky or worse has reached nearly 20 per cent, according to Moody’s, driven in part by a surge in private equity ownership -
Documents reveal how Amazon managers are trained to spot union activity
Unifor claims the documents show how Amazon trains managers to harass and manipulate their colleagues in a bid to stop unionization efforts. Amazon says it has done nothing wrong.
National
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Canada is struggling to collect $311M in duties for fraudulently labelled U.S. chicken
A crackdown on mislabelled “spent fowl” uncovered rampant tariff evasion. The hard part is recouping the cash. -
A Canadian leader in nuclear fusion comes home—with big plans to make power
Stellarex co-founder Spencer Pitcher made his name researching fusion in labs across the Atlantic. Now, his startup wants to build a commercial reactor in Canada. -
Minister tells CRTC to start over on Cancon spending rules for streamers
The regulator’s demand that major streamers spend 15 per cent of Canadian revenues on Canadian content drew fire from the U.S. -
Why Canada’s wait-and-see approach to U.S. trade talks just might work
Canadian political and business leaders see little reason to cough up concessions as the review of the North American trade pact inches closer. But there are risks to playing it cool. -
Canada’s defence spending boom turns Cansec into a mob scene
A record crowd of 21,300 registered for the annual military trade show, where Mark Carney announced billions in new spending and attendees could sit in a Gripen fighter
Tech
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Canada’s new AI strategy aims to boost firms selling overseas
AI executives say being Canadian can help firms make international sales. First, though, Ottawa needs to step up on procurement and export support. -
Tech leaders welcome new AI funding but warn against government overreach
Canada’s new AI strategy includes funding to help domestic firms grow and commercialize the technology. How well that money works may depend on how much Ottawa is willing to get out of the way. -
AI strategy includes few measures to head off harms, critics warn
Ottawa’s AI plan doesn’t detail how the government intends to protect children from risks the technology poses. Carney says that law’s coming within weeks. -
Canada’s new AI strategy sets lofty goals for adoption and growth
Ottawa believes widespread AI adoption could add almost $200 billion to the economy—and it’s investing hundreds of millions of dollars in a bid to get there -
Canada’s new AI strategy includes $500M fund to back key firms
Ottawa also plans to expand funding for AI adoption, researchers and commercialization as part of a suite of new and renewed programs, The Logic has learned
Reach Canada’s Business, Tech and Policy Leaders
The Big Read
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Canada’s AI boom is about to collide with a major labour shortage
From data centres to housing, ports and pipelines, there’s a lot to build. The problem is there aren’t enough skilled tradespeople to do the building.
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ApplyBoard faces a reckoning as Canada’s immigration boom turns into a bust
The edtech unicorn turned the foreign-student bubble into a $4-billion Trudeau-era success story, but let workplace norms take a back seat to growth. Now everyone’s feeling the hangover. -
The Big Six’s visible—and invisible—bets on the AI data-centre boom
Canada’s biggest banks have at least US$37 billion in holdings in U.S-listed data-centre and digital infrastructure firms. Some global lenders are looking for ways to hedge their risk. -
Anthropic’s Mythos cracked software open like an egg. It’s just the beginning
Groundbreaking AI models like Mythos are finding software vulnerabilities faster than developers can patch them
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