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Shopify CEO Tobi Lütke joins Meta advisory council along with other tech leaders

Shopify CEO Tobi Lütke joins Meta advisory council along with other tech leaders

TORONTO — Shopify Inc.'s founder and chief executive Tobi Lütke has joined a group that Facebook and Instagram's parent company has set up to advise its leadership. Meta Platforms Inc.
Federal Reserve minutes: Policymakers saw a longer path to rate cuts

Federal Reserve minutes: Policymakers saw a longer path to rate cuts

WASHINGTON (AP) — After several unexpectedly high inflation readings , Federal Reserve officials concluded at a meeting earlier this month that it would take longer than they previously thought for inflation to cool enough to justify reducing their k
CAE's defence business takes $700M hit as fixed-price contracts drag down earnings

CAE's defence business takes $700M hit as fixed-price contracts drag down earnings

MONTREAL — CAE Inc. expects to report a half-billion-dollar loss for its fourth quarter after massive one-time charges linked to its beleaguered defence business.
British Prime Minister Sunak sets July 4 election date as his Conservatives face likely defeat

British Prime Minister Sunak sets July 4 election date as his Conservatives face likely defeat

LONDON (AP) — British Prime Minister Rishi Sunak on Wednesday set July 4 as the date for a national election that will determine who governs the U.K., as his divided and demoralized Conservative Party looks likely to lose power after 14 years.
Former head of military HR sues Armed Forces, government after misconduct case

Former head of military HR sues Armed Forces, government after misconduct case

OTTAWA — A former military leader who was accused of sexual misconduct in 2021 is suing the federal government, the Armed Forces and his accuser, claiming he was maliciously prosecuted for political reasons. Lt.-Gen.
UCLA police chief reassigned following criticism over handling of campus demonstrations

UCLA police chief reassigned following criticism over handling of campus demonstrations

LOS ANGELES (AP) — The police chief at the University of California, Los Angeles, has been reassigned following criticism over his handling of recent campus demonstrations that included a mob attacking a pro-Palestinian encampment .
Mortgage lending among top risks facing financial system: OSFI

Mortgage lending among top risks facing financial system: OSFI

OTTAWA — Canada's banking regulator says real estate secured lending and mortgages are among the top risks facing the country's financial system as higher interest rates put pressure on borrowers.
Indian international students most likely to live in unsuitable housing, StatCan says

Indian international students most likely to live in unsuitable housing, StatCan says

OTTAWA — International students were more likely to live in unsuitable housing in 2021 than Canadian-born students, a report released Thursday by Statistics Canada shows.
‘Geopolitical tensions’ mean more business for Héroux-Devtek, as defence needs rise

‘Geopolitical tensions’ mean more business for Héroux-Devtek, as defence needs rise

MONTREAL — Global strife has boosted demand for Héroux-Devtek Inc. wares, with the continued rebound in commercial travel adding to its record sales last quarter, said CEO Martin Brassard. "The aerospace industry outlook remains very strong.
Senate confirms 200th federal judge under Biden as Democrats surpass Trump's pace

Senate confirms 200th federal judge under Biden as Democrats surpass Trump's pace

WASHINGTON (AP) — The Senate on Wednesday confirmed the 200th federal judge of President Joe Biden's tenure, about a month earlier than when Donald Trump hit that mark in his term, though Trump still holds the edge when it comes to the most impactful