The BoC rate hike, Indigo’s exodus and a clawback of COVID benefits: Must-read business and investing stories

[ad_1] Open this photo in gallery: Bank of Canada Governor Tiff Macklem announced a ‘conditional pause’ to interest-rate increases earlier this year in the belief that borrowing costs were high…

Why 20-year-olds should live with their parents, and a real estate recovery: This week’s top real estate stories

[ad_1] Open this photo in gallery: This 2,100-square-foot Toronto penthouse combined two units.winsold.com Here are The Globe and Mail’s top housing and real estate stories this week, with the lowest…

Canada’s largest solar farm, GDP growth and an immigrant jobs boom: Must-read business and investing stories

[ad_1] Open this photo in gallery: The Canadian economy grew at an annualized rate of 3.1 per cent in the first quarter, buoyed by strong exports and robust consumer spending.CARLOS…

Shopify cuts jobs, food inflation falls and Rogers’ cheaper 5G plan: Must-read business and investing stories

[ad_1] Open this photo in gallery: Ottawa-based Shopify cut nearly 20 per cent of its global work force on May 4 after selling off its delivery and warehousing operations Flexport…

Cost savings of remote work, Loblaw’s new CEO and CBC’s Twitter battle: Must-read business and investing stories

[ad_1] The tax deadline is still May 1 despite a Canada Revenue Agency workers strike.GREG LOCKE/Reuters Getting caught up on a week that got away? Here’s your weekly digest of…

Will AI take over the world? And other questions Canadians are asking Google about the new technology

[ad_1] Artificial intelligence and its offshoots can put the Pope in a puffer jacket, write articles about the stock market and provide meeting minutes in mere minutes. In the span…

What’s next for the Bank of Canada, and why mortgage holders are still holding on: This week’s top real estate stories

[ad_1] Royal LePage Terrequity Realty Here are The Globe and Mail’s top housing and real estate stories this week, with the lowest mortgage rates available in Canada today, commentary from…