Business Buzz Last 7 days

Canada behind in AI
The Canadian Press - Sep 24 - Business Buzz

MONTREAL — A new report says artificial intelligence deployment has not yet been a “real success” for Canadian companies, despite the country’s reputation as an AI hotbed. The study from Forbes Insights ranks Canada last out of 10 countries, with just 31 per cent of adopters of the technology claiming successful AI deployment, versus 59 […]

Sell home through an app?
The Canadian Press - Sep 24 - Business Buzz

TORONTO — Realtor Daniel Steinfeld has wanted to post home sales data on his business’ password-protected website for as long as he can remember, but it took a seven-year court battle between the Competition Bureau and the Toronto Real Estate Board for him and other realtors to land the right to publish the numbers. Steinfeld, […]

Shoppers gets in pot biz
The Canadian Press - Sep 21 - Business Buzz

TORONTO — Shoppers Drug Mart has received Health Canada’s approval to be a licensed medical marijuana producer, opening the door for the pharmacy giant to dispense medical cannabis to patients. This comes after Shoppers in October 2016 applied to Health Canada to become a licensed medical marijuana producer. “As trusted medication experts, we believe pharmacists […]

Interest rate hike likely
The Canadian Press - Sep 21 - Business Buzz

OTTAWA — The country showed signs of growing price pressures last month with inflation staying strong and its underlying pace grinding higher—both of which propped up expectations that higher interest rates are on the way. The annual inflation rate for August receded somewhat to 2.8 per cent, easing from July’s three per cent pace that […]

If you move, write it off
Kirk Penton - Sep 20 - Business Buzz

TORONTO — Amid the chaos and stress of moving from one province to another, the last thing on most people’s minds is how their family’s relocation will affect their tax return. However, the Canada Revenue Agency offers a long list of eligible tax deductions related to moving to help offset the costs. The average cost […]

Pot connoisseurs wanted
The Canadian Press - Sep 19 - Business Buzz

TORONTO — A cannabis firm is looking to hire five pot aficionados from across the country to sample the company’s wares and get paid to do it. Toronto-based company AHLOT is offering $50 an hour to five “cannabis connoisseurs” to sample various strains of marijuana. With legalization scheduled for Oct. 17, the bud brain trust […]