Photo: The Canadian Press The flyer for the Victory Meat & Produce Market, a small grocer in New Brunswick, recently featured fresh local turkey for $3.99 a pound, two bags of carrots or onions for $4 and a bunch of celery for $2.29 — prices that rival its…
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All eyes are on the global banking sector after a sudden turmoil brought down or threatened a handful of US banks and one major European bank this month. The collapse of Silicon Valley Bank (SVB), followed by the near death of two other regional institutions — First Republic…
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At first glance, the response of “sold over asking” real estate signs may seem like an encouraging signal for the Canadian economy, especially for highly invested homeowners who have watched prices fall from last year’s highs. But a growing number of economists worry that a recent series of…
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Instant Brands, the maker of Pyrex kitchenware, filed for bankruptcy on Monday, saying it had too much debt to withstand rising interest rates and tighter credit conditions. The company, controlled by private equity firm Cornell Capital LLC, and 14 affiliates filed for Chapter 11 protection from creditors with…
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When was the last time somebody asked you, “How much do you make?” If you’re like many Canadians, the question may have taken you back, especially if the individual wasn’t a close friend or family member. Is there ever a good time to discuss your salary, though? Below,…
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Photo: The Canadian Press Rumman Chowdhury, co-founder of Humane Intelligence, a nonprofit developing accountable AI systems. No sooner did ChatGPT get unleashed than hackers started “jailbreaking” the artificial intelligence chatbot — trying to override its safeguards so it could blur out something unhinged or obscene. But now its…
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Consumer prices in the United States rose again in April, and measures of underlying inflation stayed high, suggesting that rising costs could persist for months to come. Prices rose 0.4 per cent from March to April, the government said Wednesday, up from 0.1 per cent from February to…
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business Shareholders of Onex Corp. have approved a change to its multiple-voting shares that will allow Gerry Schwartz to retain voting control of the company for another three years even as he officially steps down as chief executive. Schwartz will maintain voting control of the company he has…
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