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Auto parts maker Magna International signs strategic partnership with Sanctuary AI

Auto parts maker Magna International signs strategic partnership with Sanctuary AI

VANCOUVER — Magna International Inc. has signed a strategic partnership with Sanctuary AI for the development of general purpose AI robots for use in the company's manufacturing operations.
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Canada needs to build 1.3M additional homes by 2030 to close housing gap, says PBO

Canada needs to build 1.3M additional homes by 2030 to close housing gap, says PBO

OTTAWA — The parliamentary budget officer says Canada would need to build 1.3 million additional homes by 2030 to eliminate the country's housing gap.
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Hearing wraps on alleged $13-million Nanaimo crypto scam

Hearing wraps on alleged $13-million Nanaimo crypto scam

The securities commission has alleged ezBtc and its sole director David Smillie lied to its customers and diverted about $13 million in assets to gambling sites
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All-electric tugboats ready to charge into action in Vancouver harbour

All-electric tugboats ready to charge into action in Vancouver harbour

There are just six electric tugboats in the world, and two of them are set to ply the waters of Burrad Inlet
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KITS Eyecare co-founder Sabrina Liak steps down as president

KITS Eyecare co-founder Sabrina Liak steps down as president

Former CFO will remain on board of directors, serve as strategic advisor
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Drought, heat raise risk of repeat of last summer's record-breaking wildfires

Drought, heat raise risk of repeat of last summer's record-breaking wildfires

OTTAWA — Persistent drought and months of above-average temperatures have escalated the risk of another record-breaking wildfire season, federal ministers said Wednesday as they warned about the urgent need to address climate change.
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Macklem says interest rate cut in June possible after holding policy rate once again

Macklem says interest rate cut in June possible after holding policy rate once again

OTTAWA — The Bank of Canada is keeping the door open to an interest rate cut in June even as it emphasized that it won't be rushed into it if inflation shoots back up.
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Investors who lost $415K with unregistered Burnaby trader get $39K back

Investors who lost $415K with unregistered Burnaby trader get $39K back

Burnaby's Shijun "Clark" Zhu admitted to advising and trading in securities without being registered. He was fined nearly $39K and banned from B.C.'s capital markets, except as an investor, for 10 years.
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Top honcho at Whistler Blackcomb reports a good season despite challenges

Top honcho at Whistler Blackcomb reports a good season despite challenges

WB shifts to spring operations April 14
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Grocery inflation to fall below two per cent this spring, report predicts

Grocery inflation to fall below two per cent this spring, report predicts

Grocery inflation will fall below two per cent by the spring and stay roughly between one and two per cent for the rest of 2024, predicts a new report on the food and beverage industry.
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