Author: admin
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What is DeepSeek? The Chinese OpenAI rival sparking chaos in tech markets
There’s a new player in AI on the world stage: DeepSeek, a Chinese startup that’s throwing tech valuations into chaos and challenging U.S. dominance in the field with an open-source model that they say they developed for a fraction of the cost of competitors. DeepSeek’s free AI assistant — which by Monday had overtaken rival ChatGPT to become the top-rated…
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At federal inquiry, Canada Post blames workers leaving early and union points to mismanagement
With both sides entrenched in their positions, Canada Post management is blaming its problems on delivery staff leaving early. At the same time, its union says the Crown corporation’s problems stem from its own financial management. Canada Post bosses and the Canadian Union of Postal Workers (CUPW) squared off in a downtown Ottawa hotel on Monday, the…
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GM results and forecast top Wall Street targets thanks to gas-powered trucks and SUVs
General Motors on Tuesday posted fourth-quarter 2024 results and a 2025 earnings forecast ahead of Wall Street expectations as the U.S. automaker continued to see strong consumer demand for its pricey gasoline-powered trucks and SUVs. GM sold vehicles at an average price of $50,000 U.S. for the year, and executives see a 1 per cent…
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Farm goods retailer Peavey Mart closing all stores and seeking creditor protection
A Canadian farm goods store chain is closing all its stores and seeking creditor protection, putting an end to days of speculation about the chain’s future from its customers, who now have to look for alternatives. Peavey Mart, headquartered in Red Deer, Alta., announced the closure of locations in Ontario and Nova Scotia on Thursday as part of…
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Freeland’s ‘plan to stand up to Trump’ targets $200B worth of U.S. goods
Liberal leadership contender Chrystia Freeland released Monday what she’s calling her “plan to stand up to Trump” — a policy document that includes the threat of big tariffs on U.S. goods to make the Americans pay if they go after the Canadian economy. Freeland called on the federal government to take a hard line and…
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Can pickleball go corporate in Canada?
Like many retirees, 70-year-old William Shim has embraced the sport of pickleball as a way to keep fit and to socialize. But getting court space can be tricky, and he often has to book about two weeks ahead of time. “You’ve got to be quick to get a spot to play,” said Shim, who spoke…
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ListenClosure of Quebec Amazon warehouses delivers new questions about labour practicesRadio -The Sunday Magazine |January 26
ListenClosure of Quebec Amazon warehouses delivers new questions about labour practicesRadio -The Sunday Magazine |January 26 Source link
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Canada’s premiers have wanted to scrap internal trade barriers for years. Why is it hard to do?
Canada’s premiers and federal officials are pitching cutting interprovincial trade barriers to guard against a looming trade war with the United States, arguing it could boost the Canadian economy by billions of dollars. The idea gained steam on Wednesday after Prime Minister Justin Trudeau hosted a virtual meeting with the premiers. Trudeau said in a…
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Why a unionized warehouse in Quebec posed a threat to Amazon
Last May, about 230 workers at an Amazon warehouse in Laval, Que., successfully unionized — a historic first in Canada at the retail giant. The CSN, the union that represents the workers in Laval, said workers were dissatisfied with what they described as a hectic work pace, low wages and inadequate health and safety measures. Amazon has only…
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Why ‘buying Canadian’ isn’t as easy as it sounds
Can shrewd shopping truly help Canada push back on economic threats from the United States? If you believe the rhetoric from some political leaders, every little bit helps — especially if consumers pay closer attention to labels. “When you look at ‘made in Canada’ or ‘made in Ontario’ products — buy them,” said Ontario Premier Doug Ford, who…