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If AI is a bubble, what happens when it pops?
What is the AI data centre boom starting to have in common with one of the biggest financial disasters in recent history? An increasing reliance on debt to finance massive buildouts that has AI bubble fears back in the headlines. Source link
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. Source link
Fast cars and easy money: Insurance agents penalized for role in luxury car 'grey market'
More than six years after a provincial report into money laundering warned about the rise of a so-called “grey market” exporting Canadian luxury cars to China, many of the insurance agents who processed paperwork enabling the shadowy deals are facing sanctions. Source link
Halifax man faces eviction following year of complaints to property management company
Ralph Pearson moved into a Halifax apartment last November. He signed a one-year fixed-term lease and was told the unit was “move-in ready,” but since then he has been trying to get issues resolved with little success. Source link
Bangladesh's ousted PM Sheikh Hasina sentenced to death for deadly students crackdown
A Bangladesh war crimes court sentenced ousted Prime Minister Sheikh Hasina to death on Monday, concluding a months-long trial that found her guilty of ordering a deadly crackdown on a student-led uprising last year. Source link
Bangladesh's ousted PM Sheikh Hasina sentenced to death for student crackdown
A Bangladesh war crimes court sentenced ousted prime minister Sheikh Hasina to death on Monday, concluding a months-long trial that found her guilty of ordering a deadly crackdown on a student-led uprising last year. Source link
Illicit crypto-to-cash deals are unlocking new ways to launder money in Canada
Canada has long had a problem with dirty money in its economy, whether in banking or real estate, but the advent of anonymous crypto-to-cash services has opened new frontiers for potential laundering and illicit finance, experts say. Source link
A minister under fire, alleged lobbyist connections: Ontario's Skills Development Fund controversy explained
The latest scandal at Queen’s Park revolves around the Skills Development Fund – a little known pocket of government funding for organizations to address challenges in hiring, training or retraining workers. Source link
Federal refugee employment program faces 'extremely long, ballooning wait times'
Instead of months, a federal program is now taking years to process the applications of skilled refugees living overseas and have a job waiting for them in Canada. Source link