business

We usually hear two sides to the AI and employment story: star engineers earning enormous salaries, and job loss for many others. But from gig workers paid poorly to annotate data, to people with advanced degrees training specialized AI, it takes a huge labour force to develop AI. Source link

Markets in Asia and Europe took a hit Wednesday before Wall Street’s muted open. For months, markets have ignored elevated interest rates, stubborn inflation, trade turmoil and a patchy global economy, leading some to worry about whether hopes surrounding AI were creating a bubble that could burst. Source link

Young people are facing high unemployment rates and struggling with a challenging labour market, and the government’s plan to address that includes more funding for summer job and work placement supports. But experts aren’t sure that will be enough to alleviate the pressure of a challenging labour market. Source link

Owners of the vehicles — which include Jeep Wranglers with model years between 2020-2025 and Jeep Grand Cherokees with model years from 2022-2026 — are being advised to park the vehicles outside and away from structures until a remedy for the problem is determined. Source link

Questrade’s president and CEO says the move will bring more competition to the Canadian banking landscape, which other financial technology companies have been pushing into in recent years. Source link

Canada’s economy is suffering. The Bank of Canada says interest rate cuts can only do so much. So it’s passed the baton to the federal government. This week’s budget can do what the central bank cannot: restructure how the Canadian economy grows. Source link

Airlines say they are reporting more revenue from upgrades. Some passengers say that’s because the economy ticket experience has become so undesirable. Source link

Airlines say they are reporting more revenue from upgrades. Some passengers say that’s because the economy ticket experience has become so undesirable. Source link

As of Nov. 1, all medium- and heavy-duty trucks and parts headed to the U.S. will get a 25 per cent tariff, while buses will be levied at 10 per cent. While truck and bus making are small industries in Canada, experts say the tariffs could have a big impact. Source link

Canada’s economy shrank in August against widespread expectations of no growth, Statistics Canada data showed on Friday, but an advanced estimate pointed out the economy might escape a recession in the third quarter. Source link