Get smarter about what matters.

Sign up for the free 5-minute daily email on Canadian business, tech, and finance that you'll actually enjoy reading.

Apple takes a (small) step towards right to repair

Explain It Like I'm Five: CPUs and GPUs

A central processing unit (CPU) is a chip that acts like the brain of a computer, managing all of the tasks that keep a system going, from running programs to passing instructions to hardware. A CPU does this with a handful of “cores” — parts of the chip that quickly process data and handle instructions.

Independent web browsers are so trendy in Europe

It turns out the key to breaking Big Tech’s hold on the browser market is letting people know that other options exist.

Rogers Centre gets revamped

The Jays might have a losing record right now, but their stadium is turning into a real winner.

Driving the news: Toronto Blue Jays fans got their first taste of the latest Rogers Centre renos this week. Those seated in the 100-level bowl experienced cushier, wider seats (with cupholders!) and a better view of home plate. 

The government has been using AI… a lot

New mortgage rules for first-time home buyers

Today on “keeping up with federal budget announcements coming out weeks before the actual federal budget announcement” is a policy change covering housing affordability.  

What happened: Canada is rolling out new housing affordability measures for first-time homebuyers, including extending maximum mortgage amortizations to 30 years and increasing the amount that can be withdrawn from an RRSP to buy a first home to $60,000.

Canada has an accountant crisis

As if tax season wasn’t stressful enough, Canada is also dealing with an accountant shortage.

Driving the news: Canadian finance and accounting hiring managers are feeling overtaxed this tax season, with 90% reporting that they are experiencing challenges due to a widespread accountant shortage, according to a new survey by Robert Half. 

Track and field to pay its Olympic gold medallists

New hardest way to earn 50 grand just dropped: winning the Olympic 400-metre hurdles.

What happened: This year in Paris, track and field will be the first-ever Olympic sport to pay prize money to gold medallists. World Athletics, the governing body in charge of track and field, has set aside US$2.4 million to pay $50,000 to first-place finishers across 48 events. 

Canada holds interest rates steady

Let your friends with variable-rate mortgages know you’re thinking of them this week.

What happened: As expected, the Bank of Canada held the policy rate steady at 5% for the sixth consecutive meeting, noting that "inflation is still too high and risks remain" in the form of a resilient growth forecast, even though both inflation and the labour market are cooling.

What Google announced at Cloud Next

No better place than Las Vegas for Google to put a big bet on growing its cloud business.
Read more stories