For well over a year, Bay Street wondered what TD had done to find itself at the heart of a U.S. money laundering probe. After a long, mysterious wait, we’ve got some answers. 

Driving the news: A U.S. Justice Department probe into TD Bank is reportedly tied to the drug trafficking operation of a Chinese crime group that laundered at least US$653 million in profits from the sale of illegal narcotics, including fentanyl, at U.S. banks.

After filling doctors' prescription pads in the U.S., Wegovy is taking its talents north of the border. 

Driving the news: Novo Nordisk’s weight loss drug Wegovy will be available in Canada starting today, a move that will relieve the high demand for Ozempic, a sister drug also owned by Novo, and boost Canadians' access to both treatments. 

If you feel stressed about your job, remember that dairy farmers are hoping that their cows don’t have a disease that’s named after a different animal.

Driving the news: After dozens of cows in the U.S. tested positive for H5N1 — a dangerous form of bird flu — lactating dairy cows coming from the U.S. must now test negative for the virus. Last year, Canada imported 5,845 dairy cattle from the U.S.

One city in the Netherlands is trying out one weird trick to alleviate the debt of its downtrodden citizens: paying it off for them. 

Driving the news: The Dutch city of Arnhem is launching an unorthodox debt cancellation pilot. Over the next two years, four different charities will cover the debts of 40 to 60 of the city’s poorest families, no strings attached, with the government only paying for project costs.

A Canadian startup could be making your new robot coworker (eventually).

What is audio data compression?

To turn music into a digital file, the sound wave is turned into data. The resulting files often leave out finer audio details but are smaller, which was important when people stored their music on a computer hard drive or MP3 player.