Reliance Industries Limited. . Investing for a new era | A conversation with Mukesh Ambani & Larry Fink A conversation that brings together perspectives on how the future of investing is being shaped in India. The event features a fireside chat with Larry Fink, C - Facebook

Fight the datacenters at your economic peril, says BlackRock’s CEO Larry Fink.

Open this photo in gallery:Canada Post CEO Doug Ettinger, pictured in Ottawa in 2022, says the postal service remains 'overbuilt' in urban parts of the country. Justin Tang/The Canadian PressThe head of Canada Post says it is showing “early signs” of financial recovery despite falling revenue and bigger losses in the first half of the year. CEO Doug Ettinger says the postal service is winning back some of the parcel delivery market that has slipped away since 2019 as it continues with shipping discounts for small businesses and pushes a new online marketplace for them to sell products directly to consumers. However, he says Canada Post remains “overbuilt” in cities and must be smaller in those urban areas in the future. Switching the remaining four million addresses that still enjoy doorstep delivery to community mailboxes within about five years marks a key pillar of Canada Post’s plan to overhaul its business model in the face of declining letter mail and mounting financial losses.

Rising interest rates mean higher borrowing costs and challenge companies with bad balance sheets. Here are five stocks to avoid as interest rates rise.

Open this photo in gallery:A main reason for price discrepancies between daycares is the method in which provincial governments have chosen to structure their child care subsidies. DARRYL DYCK/The Canadian PressWhen we moved to Vancouver from Toronto, we expected to pay more for housing, transportation and food. According to Numbeo, grocery prices are 17.9 per cent higher, gas is 13.2 per cent higher and transit tickets are 4.5 per cent higher in Vancouver than Toronto. But one higher expense caught us off guard: daycare. Wasn’t the Canada-wide Early Learning and Child Care system designed to cut the cost of daycare to an average of $10 a day across the country? My first instinct was to blame Vancouver’s notoriously unaffordable real estate, but Toronto’s wasn’t exactly cheap either. So why do subsidized daycare costs vary so much? I decided to look at three big cities: Vancouver, Toronto and Calgary. According to the Canadian Centre for Policy Alternatives, in Vancouver the median cost of daycare for an infant is $40 a day. In Toronto, it’s $22 a day, and in Calgary, it’s $15 a day.