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Federal government posts $7.3B deficit between April and July

OTTAWA — The federal government's deficit has grown to $7.3 billion so far this fiscal year.

One year later, AI code signatories happy with decision but want more company

TORONTO — One year after Canada launched a voluntary code of conduct on artificial intelligence, tech organizations that signed on say they don't regret the decision but wouldn't mind some more company.

Voting technology firm, conservative outlet reach settlement in 2020 election defamation case

DOVER, Del.

OpenAI looks to shift away from nonprofit roots and convert itself to for-profit company

OpenAI's history as a nonprofit research institute that also sells commercial products like ChatGPT may be coming to an end as the San Francisco company looks to more fully convert itself into a for-profit corporation accountable to shareholders.

Housing starts up in six largest cities but construction still not closing supply gap

The Canada Mortgage and Housing Corp. says construction of new homes in Canada's six largest cities rose four per cent year-over-year during the first half of 2024, but housing starts were still not enough to meet growing demand.

Tempted to switch to an online-only bank? Know the perks and drawbacks

Switching to an online-only bank more than a decade ago was just another way Jessica Morgan was trying to save money at the time as a new grad.

Hong Kong court sentences journalist to 21 months in jail in case seen as barometer of press freedom

HONG KONG (AP) — A Hong Kong court sentenced a former editor of a shuttered news publication to 21 months in prison on Thursday in a sedition case that is widely seen as an indicator of media freedom in the city, once hailed as a beacon of press free

Economy to grow moderately, rates to fall below three per cent next year: Deloitte

Deloitte Canada expects economic growth to pick up next year as it forecasts the Bank of Canada to cut its key interest rate below three per cent by mid-2025.

Party leaders of different stripes seem to agree on involuntary addiction treatment

FREDERICTON — As they both campaign for re-election, the premiers of British Columbia and New Brunswick appear to agree on one controversial issue: involuntary care for those with severe drug addictions.

Ford wants to build tunnel under Highway 401 across GTA, no cost estimates provided

TORONTO — Ontario is exploring the idea of digging a massive tunnel under Highway 401 to move traffic and transit across the Toronto area, with Premier Doug Ford pledging to build it regardless of what a feasibility study says.
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