News & Events

VANCOUVER, British Columbia, Feb. 21, 2024 (GLOBE NEWSWIRE) — The British Columbia government’s per-person spending in 2022/23, the latest year of available data, was nearly 20 per cent higher than in 2019/20, finds a new study published today by the Fraser Institute, an independent, non-partisan Canadian public policy think-tank. “It’s difficult to overstate how much … Read more

Eight months ago, Geoffrey Hinton, the esteemed professor emeritus at the University of Toronto who resigned his post at Google over concerns about artificial intelligence (AI) advances, stated in a speech at Collision 2023 that the world is “entering a period of huge uncertainty.” When he speaks, people listen, due in large part to the … Read more

The Numbers Walmart said its comparable store sales were up 4 percent in the three months that ended in late January compared with the year before. The number of transactions at Walmart rose 4.3 percent, but the average ticket price slightly decreased 0.3 percent, a sign that shoppers spent a little less on shopping trips. … Read more

Renters are more likely to report a lower quality of life than homeowners, especially in Vancouver and Toronto, according to survey results over the last few years from Statistics Canada. In 2021 and 2022, renters were over 15 percentage points more likely to report difficulty meeting financial needs and over 11 percentage points less likely to report high overall life … Read more

In the fall of 2022, two top Biden administration officials met in New York with a key European diplomat. Over dinner outdoors, they strategized about how best to throttle Russia’s oil revenues in retaliation for its invasion of Ukraine. Near the end of what had been a collegial meal, the European official, Bjoern Seibert, dropped … Read more

Tech billionaire Elon Musk recently explained in an X post why he declined shares in OpenAI, the artificial intelligence research company he co-founded in 2015. Responding to a question about his founding donation, Musk raised concerns about the company’s legal structure. “It isn’t clear to me how the OpenAI structure is legal at all. I … Read more