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News of the day: BlackBerry QNX rollout, borrowing to invest in RRSP, fixed rates climb, AI management tools, flight traffic to the U.S. and moreBlackBerry Ltd.'s share price has surged over the last year, but some analysts question why the market's reaction was 'relatively muted' following the strong second quarter results.
BlackBerry Ltd.'s QNX software is continuing to drive the company's business forward as the Canadian tech pioneer beat analysts' expectations in the second quarter and raised its full-year revenue outlook. Registered retirement savings plan loan interest is not tax-deductible, which is why financial planners generally recommend repaying it within 12 months. Should Glen, 45, with little savings and $100,000 remaining on his mortgage, borrow to invest in an RRSP?
FP Answers: Borrowing to invest in an registered retirement savings plan could be worth exploring but it is not an automatic"yes.
" The biggest issue is not just the tax refund from the RRSP contribution. It is whether your household can handle the loan comfortably while maintaining an emergency fund and staying on track with your mortgage and day-to-day cash flow. Apart from some hyper-competitive credit unions, if you can score a fixed-rate near 4.49 per cent, plus or minus 10 basis points, you’re doing well for yourself. The borrowing cost gods have spoken — and decided we can afford more.
For most terms this week, the lowest fixed mortgage rates climbed yet another five to 10 basis points. AI can be a helpful employee management tool — and a legal liability in decision making Employers are rapidly adopting systems that rank applicants, assess performance, identify unusual employee behaviour and recommend management action. The attraction is obvious. Artificial intelligence can process vastly more information than a manager, almost instantaneously.
But using AI does not transfer legal responsibility from the employer to the machine, writes Howard Levitt. The number of transborder air passengers is still 5.9 per cent lower than in 2024, while domestic traffic continued to lead growth, said Statistics Canada. The downshift in Canadian travel that began in early 2025 appears to be turning around as flights from Canada to the United States start to pick up again.
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BlackBerry lifts annual revenue forecast after record QNX quarter and $100 million Volvo-Daimler dealBlackBerry raised its full-year revenue forecast after its QNX software unit posted record quarterly revenue of US$80.3 million, helped by a major commercial vehicle contract with Coretura, a Volvo Group and Daimler Truck joint venture.
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BlackBerry Reports Q2 Profit Increase and Raises 2027 OutlookBlackBerry Ltd. announced a second-quarter profit of US$33.9 million and raised its full-year revenue and earnings guidance, driven by a 26 percent increase in revenue to US$263.3 million.
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Investor Outlook: BlackBerry raises forecast on software growthQNX growth lifts BlackBerry’s annual forecast as a commercial truck software win adds more than US$100 million to its royalty backlog.
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BlackBerry chief says general QNX rollout is 'at the beginning of second inning'Beyond vehicles, CEO John J. Giamatteo sees a growing pipeline of opportunities for QNX in robotics and physical AI
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