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Category: Business News

10/01/202311/07/2024

EXPLAINER: What is ChatGPT and why are schools blocking it? -Business News

Photo: The Canadian Press

A ChatGPT prompt is shown on a device near a public school in Brooklyn, New York, Thursday, Jan. 5, 2023. New York City school officials started blocking this week the impressive but controversial writing tool that can generate paragraphs of human-like text. (AP Photo/Peter Morgan)

Ask the new artificial intelligence tool ChatGPT to write an essay about the cause of the American Civil War and you can watch it churn out a persuasive term paper in a matter of seconds.

That’s one reason why New York City school officials this week started blocking the impressive but

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10/01/202311/07/2024

Red Flags in Physician Contracts

In recent years, we’ve seen physician contracts increase in length, complexity and burdens on employed physicians. There are lots of red flags that physicians need to be aware of when reviewing their potential contracts.

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Physician contracts contain a wide variety of terms and obligations and can be very specific. It is essential that physicians review their proposed employment contracts with a specialized attorney so they fully understand the potential consequences

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09/01/202311/07/2024

Canada’s economy added 104,000 jobs in December, blowing well past expectations

The Canadian labor market ended the year on a strong note as the economy added a whopping 104,000 jobs in December, showing no signs of the slowdown many economists have been anticipating.

Statistics Canada reported Friday that the unemployment rate fell slightly to 5.0 per cent last month. This marks the third decline in the unemployment rate in the fourth month, edging it closer to the record low of 4.9 per cent reached in June and July.

In its latest labor force survey, the federal agency says the rise in employment was driven by an increase in full-time work.

Many

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09/01/202311/07/2024

Estate Planning and Personal Property

Prior to meeting with us, many of our clients have felt overwhelmed by estate planning. Often, they are more concerned about the smaller aspects of estate planning than the larger ones.

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We help our clients plan to protect all of their interests, both big and small.

Frequently, clients have sentimental items that they wish to pass to family or friends upon their death.

While these items may be of little

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08/01/202311/07/2024

2022 Healthcare Breaks – Rickard & Associates

The eight largest healthcare breaches of 2022 were all related to vendors.

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As healthcare breaches continue to run rampant, it is important to look for patterns.

Eight of the largest healthcare breaches were related to third-party vendors.

These include:

  • A breach at Advocate Aurora Health where 3 million patients were affected by a tracking pixel tool that sent data to Google or Meta,
  • A breach at a printing and mailing
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07/01/202311/07/2024

The Bank of Canada is warning Canadians to brace for a rough winter

For years now, central banks around the world have helped consumers and businesses weather economic storms. In crisis after crisis, they cut interest rates to help people get through. They printed money and bought bonds to prop up markets.

This time, those same banks are actively making life more difficult.

“I’m sure some of this does feel a bit counterintuitive,” Bank of Canada governor Tiff Macklem said.

The Bank of Canada has raised interest rates six times since March. Rates have shot up from 0.25 per cent to 3.75 per cent. And the bank has warned it’s not done yet.

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07/01/202311/07/2024

Debt & Death – Rickard & Associates

When our clients meet with us for estate planning, a common question we receive is: what happens to my debt when I die?

We can help you stay on top of the latest news that affects your everyday life. Subscribe to stay up to date. (To subscribe to our blog click here).

Debt does not go away upon death, but what happens to it can change depending on several factors.

While you do not owe money after death, your estate may owe money.

An estate is determined to become insolvent if the debts exceed the value of the assets.

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07/01/202311/07/2024

Where to go, what to wear and everything else to know

Consumers can get a glimpse into the future of technology when CES returns on Thursday.

One of the largest trade shows in the world, CES (formerly known as the Consumer Electronics Show) is where companies like Sony, LG and BMW can show off new technologies.

The tech show had more than 171,000 attendees in January 2020, but attendance has fallen in recent years due to the COVID-19 pandemic. Last year’s attendance was estimated to be just 45,000, but the event still had plenty of fun surprises – including an SUV that can change color with the push of a button

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