New Ministerial Directive on the Overseas Investment Act: What investors need to know ahead of the changes on 6 March - Russell McVeagh

SpaceX CEO Elon Musk is rebranding the company’s artificial intelligence (AI) arm following President Donald Trump’s executive order last week calling for AI to be referred to as "Super Intelligence" (SI). SpaceXAI will be renamed SpaceXSI, Musk confirmed in a post on X, while responding to an X user. "Yes, we will make that change," he said. "No more AI. SI, it’s better," he said in another post.  TRUMP SIGNS EXECUTIVE ORDER REBRANDING AI AS 'SUPER INTELLIGENCE' AS TECH TITANS INK SEPARATE SI ACCORD. Elon Musk attends the Viva Technology conference in Paris on June 16, 2023. Musk has promoted the concept of "Super Intelligence" for more than a decade. (Chesnot/Getty Images)The move follows Trump’s executive order, "Inaugurating the Era of Super Intelligence," which argues that the new term better reflects the technology’s capabilities. The order applies to public communications, government websites and reports, while congressional statutory references remain exempt until Congress passes conforming amendments.

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While the overall S&P/TSX Composite Index has risen by about 11% this year, the five-company telecom index fell by more than 16%

A major Ontario condo construction lender says it won’t relax its loan criteria for developers despite a sharp drop in projects and industry calls for more support. In the fourth year of the real estate downturn, developers have been shelving or postponing condo projects because mom-and-pop investors are no longer interested in buying preconstruction units. Individual investors used to account for the vast majority of preconstruction condo purchases in the Toronto region. The lack of investors means that developers cannot sell the amount of units required to qualify for construction financing. Lenders typically require 70 per cent of a project’s units be sold before they will provide the developer with financing to launch construction. “The 70 per cent remains a good metric,” said Kevin VanKampen, head of business banking with Meridian Credit Union, the province’s largest credit union that has been providing condo developers with loans for at least two decades. With condo prices falling, Mr.

Concerns can cause even the most experienced investors to feel panicky

Grace, 26, says working in a startup is ‘a grind’ but it’s easier to advance her career at a smaller company