Sumaiya Kamani

(1/11) If you live in NY, you’ve probably started seeing a new warning: “THIS PRICE WAS SET BY AN ALGORITHM USING YOUR PERSONAL DATA.” This mandatory disclosure went into effect late last year, and it’s the first attempt by a US state to grapple with a new generation of surveillance pricing.

The untold story of how Shopify killed DEI - The Logic Shopify says it wants to make commerce better for everyone. Insiders tell a different story.

In 2020, Shopify pledged to uplift underrepresented entrepreneurs. This year, it quietly laid off teams focused on Black and Indigenous founders. To some staff, it was a clear sign: the company’s DEI promises were never meant to last.

The Logic has the whole story: thelogic.co/news/the-big...

Insurance firms want to cash in on the AI boom - The Logic Premiums for AI insurance could hit US$4.77 billion by 2032. Insurers looking to grab a piece of the action are growing fast.

Insurance firms want to cash in on the AI boom.
Armilla AI now sells insurance to cover the legal costs and other losses that businesses might incur when AI systems make mistakes.
thelogic.co/news/ai-insu...

A network of X accounts is targeting Canada ahead of the election - The Logic The accounts are pumping out thousands of posts about the Canadian economy and alleged support within Canada for U.S. President Donald Trump’s annexation threat.

A network of X accounts is “artificially” amplifying misinformation about businesses decamping for the U.S. as a result of Canada’s alleged economic decline, as well as Canadian support for Trump’s goal to annex the country. thelogic.co/news/canada-...

Changing trends: Fashion leaders push for a greener, more ethical future By Sumaiya Kamani, Hillary LeBlanc

For many, "fashion" means glamorous runways & fast trends, but in episode 3 of the Off The Rack series, experts focus on something more pressing: sustainability in the fashion industry.
open.substack.com/pub/sumaiyak...

Trump's tariff mania shoots holes in economic case for buying F-35s - The Logic Competing bid from Sweden would bring production, engineering and maintenance of fighter jets to Canada—if it's still on the table.

My colleague @davidreevely.bsky.social has a story in @thelogic.co today on how the trade war might add yet another chapter in the saga of Canada's attempts to buy, then not buy, then buy F-35 fighter jets. thelogic.co/news/trump-t... #TradeSky #CanadaUS #Defence #MilitaryProcurement

AI customer service reps are getting just as good as humans - The Logic At some firms, customer service staff may soon become managers who oversee teams of AI agents.

AI agents are consistently performing as well as humans when handling customer service issues at scale, and are continuing to get even better, according to Ada, a Toronto-based firm that sells the technology.
thelogic.co/news/ai-cust...

Everything you need to know about Canada's trade war election - The Logic Canadians will go to the polls in the thick of a tariff war, and who'd do the best job fighting Trump is the issue that matters most.

The Logic has your election kickoff coverage here, starting with why this is happening. thelogic.co/news/federal...

The feds' flagship innovation fund has doled out $229M in the last two weeks - The Logic With an election coming, the Strategic Innovation Fund is suddenly shoving cash out the door.

With an election call fast approaching, Ottawa’s flagship innovation fund has awarded more new funding in the last two weeks than it did in the first six months of 2024.
thelogic.co/news/feds-in...

Legal documents reveal details of Pornhub’s $400M sale for the first time - The Logic Ethical Capital Partners “pretended” to buy Pornhub parent company MindGeek, a lawyer involved in a trial against the firm has claimed.

NEW: The former owners of Pornhub parent company MindGeek are still involved in the firm despite selling it for $400M in 2023, according to allegations made in court.

Ethical Capital Partners “didn’t really buy the company,” it's been claimed.

By @patriquin.bsky.social

thelogic.co/news/pornhub...

Build Canada has published 14 policy ideas—all of them written by men - The Logic Senior figures behind Build Canada say it’s wrong to characterize the project as male-led and that questions about diversity distract from the issues it is trying to address.

Six weeks since it launched, Build Canada has published 14 policy recommendations designed to influence political decision-making ahead of this year’s federal election. All of them were written by men.
thelogic.co/news/build-c...

The fashion revolution you never saw coming: Dr. Palmer’s bold take on modesty and prestige By Sumaiya Kamani, Hillary LeBlanc

The fashion revolution you never saw coming: From overlooked men’s fashion to accessibility, prestige & redefining modesty, Dr. Palmer takes us through it all at ROM’s fashion exhibit in Toronto. open.substack.com/pub/sumaiyak...
Listen in to the entire series: podcasts.apple.com/us/podcast/o...

Carney kills carbon tax in one of his first acts as PM - The Logic Champagne rises to finance minister, trade team remains intact as PM and cabinet are sworn in

Mark Carney kills consumer carbon tax in his first move as prime minister. thelogic.co/news/prime-m...

How indigenous designers are resiliently confronting cultural appropriation and industry pushback By Sumaiya Kamani, Hillary LeBlanc

Indigenous fashion continues to face significant hurdles in an industry dominated by European-centric ideals. From cultural appropriation to a lack of recognition for Indigenous designers, the road to visibility and respect has been long and fraught with challenges. substack.com/home/post/p-...

How Canada dodged the biggest crypto hack in history - The Logic Bybit, which lost US$1.5B of ether this month in a hack blamed on North Korea, pulled out of Canada after clashing with regulators. Insiders say it's proof that oversight is working.

The US$1.5 billion hack of crypto platform Bybit is by far the biggest in history, but Canadians have mostly been spared from the fallout—proof the country’s oversight regime has been successful, crypto industry advocates say.
thelogic.co/news/how-can...

People might work for a company they don’t agree with—but they won’t buy from them - The Logic Almost 75% of respondents to The Logic’s subscriber survey say they’ve dropped a company’s products over a political stance.

Almost three-quarters of respondents to @thelogic.co’s latest survey say they have stopped buying a product based on a company’s political stance, such as avoiding or abstaining from Tesla, X, Starbucks, Ben & Jerry’s and Loblaw.
More on the survey results: thelogic.co/intelligence...

With Trump set to impose tariffs on all imports from Canada, Mexico, China when he takes office, the impact on trade and the economy is already raising concerns. Join us today at 2PM ET for a talk on the economic and market implications of these tariffs: us02web.zoom.us/webinar/regi...

Trump’s dislike of Trudeau a big liability, Abacus poll of Canadians finds - The Logic Poilievre heavily favoured to work with president-elect but respondents split on best approach.

There's been plenty of hypothesizing that Donald Trump's return would mean a bump for the federal Liberals—experienced hands who've dealt with him before, etc.

The latest finding from our collaboration with Abacus Data, in a word: Nope.

A Canadian shawarma chain goes global with a big Bitcoin bet - The Logic Tahini’s put its entire cash reserves in crypto, inspired—and now endorsed—by MicroStrategy’s Michael Saylor.

A small Canadian shawarma chain attracted praise from crypto fans, influencers, and billionaire Michael Saylor after going all-in on Bitcoin. Now it's mapping out a global expansion.
thelogic.co/news/canada-...

Trump’s win has Quebec’s tech sector scared—and excited - The Logic The lefty province remains staunchly against Donald Trump, though the president-elect could shockingly good for Quebec’s tech sector.

“Musk might well be a conspiracy-addled edgelord complete with big ego, thin skin, nativist tendencies and a yen for antisemitic tropes. Yet as Trump’s guiding light on all things tech, Musk is poised to push the most tech-friendly set of policies the U.S. has seen.”

thelogic.co/news/quebec-...

Canada’s ‘very silent’ IPO market may be poised to bounce back - The Logic ‘It'll be bigger deals coming to the market,’ says National Bank’s managing director of equity capital markets.

Not many Canadian companies have gone public since the wild period before inflation really bit and tech retrenched. Could be about to change, as colleague Aimée Look reports. Expect larger IPOs from companies that would ordinarily have done it earlier.

Investors roll back climate and diversity commitments, BDC Capital report reveals - The Logic Investors showed ‘persistently low’ climate policy adoption, while majority male and white teams remained the norm, according to a new report

Nov 1: "It is absolutely essential to act now. It’s absolutely essential to reduce emissions drastically now," António Guterres, UN secretary general.

Nov 13: "Climate change and diversity policies are now less of a priority for Canadian VC firms."

thelogic.co/news/canada-...

Canada just launched its own AI safety institute - The Logic

Canada is launching its own AI safety institute, housed within the federal government's Innovation Department. Colleague @muradhem.bsky.social has the details on the hottest new tech accessory for liberal democracies:

#Canada #ArtificialIntelligence