How AI is boosting Shopify’s quarterly results – National

Descrease article font size Increase article font size Shopify SHOP.TO beat analysts’ estimates for second-quarter results and forecast upbeat sales growth as its AI-enabled tools attracted more merchants to its e-commerce services, sending its U.S. shares up 17% before the bell on Wednesday. The Canadian company, which helps small and medium businesses build an online store as well as sell,…

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Bank of Canada is now less concerned rate cuts will drive up home prices – National

The Bank of Canada is now less concerned about home prices spiking as it lowers its benchmark interest rate, minutes from the governing council’s latest meeting show. Deliberations from the July 24 meeting, where the central bank delivered its second consecutive quarter-point rate cut, were published on Wednesday. The Bank of Canada’s top monetary policymakers…

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