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.

Sanctuary AI sets its sights on the future of robotics

A Canadian startup could be making your new robot coworker (eventually).

Explain It Like I'm Five: Audio data compression

What is audio data compression?

To turn music into a digital file, the sound wave is turned into data. The resulting files often leave out finer audio details but are smaller, which was important when people stored their music on a computer hard drive or MP3 player.

AI isn’t the only way tech companies are making money

Some tech companies have found a novel strategy for success: selling stuff.

Alberta is calling… again

Alberta is learning that — while putting out an open invite is fun — sometimes you want to be more picky about who you have over.

What happened: Alberta launched the third phase of its Alberta is Calling campaign, which successfully lured in throngs of workers with its siren song (read: tax incentives and lower cost of living).

Canadian carbon capture project bites the dust

As one Canadian company has learned the hard way, taking carbon out of the atmosphere is easier said than done.

What happened: Alberta’s Capital Power is scrapping its $2.4 billion carbon capture project, one of the largest in Canada. The decision to pull the plug for financial reasons is another red flag about the long-term viability of carbon capture.

Airbnb bets that you want to stay in the house from "Up"

After competitor Vrbo launched an entire ad campaign calling out Airbnb for having too many novelty listings, it responded by (we assume) saying, “Screw it, we’re gonna add more novelty listings.”

Driving the news: Airbnb unveiled a new category called “Icons,” boasting a mix of unorthodox stays and celebrity hangouts. There are 12 Icon listings in the first batch, including a recreation of the house from Pixar’s Up, which is suspended in the air by a crane. 

Houthi rebels extend their attacks

Don’t look now, but the Houthi rebels are at it again.

Driving the news: Iran-backed Yemeni Houthis conducted what appears to be their first attack on a cargo vessel sailing through the deep ocean and not in and around their stronghold near the Red Sea — stoking fears about increased capabilities from the group. 

Viking IPO has a successful maiden voyage

As post-IPO performances from shoe brands and vanity social media platforms disappoint, investors are looking to the Seven Seas for new buys.

What happened: Viking Cruises has set sail on the rocky waters of public trading, as shares of the luxury cruise line began trading yesterday after its US$1.54 billion IPO. It’s one of the biggest IPOs of the year so far, propelled by what looks like another banner year for cruises. 

Ontario launches high school trades program

Ontario is hoping the promise of less time sitting in the classroom will convince more students to swap their notebooks for hard hats. 

What happened: The Ontario government is launching a fast-track program in the fall designed to get more high school students into the trades, offering Grade 11 and 12 students the option of spending 80% of their would-be class time in apprenticeships.

Using mRNA to personalize skin cancer vaccines

The problem: Melanoma affects 132,000 people every year globally. While surgery and radiation can treat the disease, especially if it’s caught early, cancer cells can linger.
Read more stories