A lowkey provision of the recent US landmark climate bill could be a highkey win for Canada. 

Pandora, the world’s largest jewelry maker, is launching its first collection featuring lab-grown diamonds in Canada and the US, available later this month.

Inflation may have peaked, but still remains “far too high” according to a new op-ed penned by the Bank of Canada (BoC) Governor Tiff Macklem. 

Some of China’s biggest tech companies, including ByteDance and Alibaba, have shared the inner workings of their algorithms with the Chinese government. 

If Jared Leto plays you in a mini-series, chances are your life has gone off the rails. That’s true of WeWork founder Adam Neumann, who oversaw the company’s disastrous IPO. 

But against all odds, he’s back at it again and bagging big funding.

There’s so much important China news today but our job is to get you up to speed fast, so we’ve put together a rundown of what’s happening in the region and why it matters for the global economy. 

What is the one thing you’re missing on your Apple devices?

If you said “a headphone jack,” you’re unfortunately out of luck. But if “more advertising” is an idea that gets you jazzed, then we have good news: Apple is preparing to beef up its ad business and could roll out more placements across pre-installed apps like Maps, Books, and Podcasts.

Why it matters: Premium products, not advertising, have been Apple’s bread and butter since Steve Jobs set the company’s direction in the late 1990s. Expanding its ad business would be a significant shift in Apple’s strategy.

Sure, it may be very expensive to buy a home in Canada, but don’t forget it’s also very expensive to rent one—and getting pricier every month, as average rents across the country have returned to their pre-pandemic high of nearly $2,000, according to new data from Rentals.ca.

Why it’s happening: The reversal of two pandemic-era trends—the flight from cities and rock-bottom interest rates—is driving the rent surge.

The global food crisis wreaking havoc on the world’s poorest nations is also taking its toll on Canada’s most remote northern communities.

As the post-pandemic wedding boom picks up in Canada, so are bachelor and bachelorette festivities. The only problem? They’ve become more expensive than ever (thanks, inflation). 

As Canadian employers face the lowest unemployment rate in decades, they’re moving to fill roles with temporary foreign workers (or TFW, for short), per The Globe and Mail. 

The Canadian housing prices will fall by ~25% from recent all-time highs by the end of next year, according to a new report from Desjardins.

The Canada Pension Plan Investment Board (CPPIB) posted a loss of 4.2% last quarter, or roughly $16 billion—that sounds bad, but it actually outperformed the market (the S&P/TSX Composite Index fell nearly 9% in the same time frame) and other Canadian pension plans.

When Russia invaded Ukraine back in February, sanctions sounded like the right idea: Squeeze Russia’s economy until the fallout renders it unable to continue fighting the war.

But in reality, things have played out a little bit differently. 

La vita isn’t very dolce right now for Domino’s after the pizza chain failed to take off in the saucy dish’s birthplace.

Extreme heat and low rainfall threaten to dry up a key part of the Rhine river, blocking passage through one of Europe’s most important shipping routes.

As a wave of economic uncertainty hits Big Tech, Microsoft is reining in the fun money.  

Android users know that there is no greater indignity than being the only green bubble in a friend group of iPhone users. Google is now stepping up to fight this injustice. 

Just when you thought things couldn’t get any worse for Canada’s airlines and airports, the government has launched an investigation into the flight cancellations making headlines.