Latest news with #ShopifyInc.
Calgary Herald
14 hours ago
- Business
- Calgary Herald
Opinion: Canada needs to start building out the leisure industry as AI takes hold
Article content Tobi Lütke, the founder of Ottawa-based Shopify Inc., has a new mantra for his workforce: 'AI first.' Article content In a recent memo, the CEO urged staff to seek artificial intelligence solutions before requesting additional resources or new hires, a directive that's rippling through Canada's tech sector. Lütke has emphasized that AI is not about cutting jobs, but about reimagining work. Article content Article content Article content For many, the message is clear: AI is reshaping the workplace, and for the worse. The World Economic Forum's Future of Jobs Report 2025, released in January, paints a stark picture. By 2030, AI and automation are expected to displace 92 million jobs globally, from coders to customer service reps. Article content In Canada, where tech and manufacturing employ more than 1.5 million people, the impact could be profound. Micha Kaufman, chief executive of freelancing platform Fiverr International Ltd., didn't mince words in a recent e-mail to his employees that he shared on X: 'AI is coming for your jobs. Heck, it's coming for my job too.' Article content But in this upheaval lies an unexpected opportunity, one that's already transforming industries and redefining how we live. Article content Article content The fear of an AI-driven dystopia — mass layoffs, strained social safety nets — dominates headlines. Yet history suggests economies adapt to technological shocks. Article content Article content For example, the Industrial Revolution displaced weavers, but birthed factory jobs. The internet killed travel agencies, but spawned digital marketing. E-commerce displaced a million retail jobs between 2000 and 2020, only to replace them with distribution centre and parcel delivery jobs. Article content As AI automates routine tasks, it's not just threatening jobs; it's unlocking a leisure revolution. From pickleball courts to brand-new sports leagues reimagining the audience experience, the global leisure sector is poised for a boom, and Canadian businesses must capitalize on it.
Vancouver Sun
2 days ago
- Business
- Vancouver Sun
Shopify scores win over Canada Revenue Agency in merchant-data case
Shopify Inc. has come out on top of a battle with the Canada Revenue Agency. A federal court order issued Thursday shows Judge Guy Regimbald sided with the Canadian tech company, which was fighting the CRA's attempt to get more than six years of Shopify records. The records were being sought in order to verify that Canadian merchants using Shopify software were obeying the Income Tax Act and the Excise Tax Act. The CRA wanted the names of individuals who own Shopify accounts, their birthdates, addresses, phone numbers and their bank transit, institution and account numbers. Start your day with a roundup of B.C.-focused news and opinion. By signing up you consent to receive the above newsletter from Postmedia Network Inc. A welcome email is on its way. If you don't see it, please check your junk folder. The next issue of Sunrise will soon be in your inbox. Please try again Interested in more newsletters? Browse here. It also asked for their Shopify ID numbers, what type of store they ran, when their Shopify accounts were activated or closed and how many transactions and their value were made over the six-year period the CRA was interested in. Some of the information had been requested by the Australian Tax Office, which wanted to ensure Shopify merchants were complying with the country's laws. A separate case Judge Regimbald presided over saw the CRA ask for court permission to obtain and send the records to Australia. CRA spokesperson Sylvie Branch said the agency is aware of the court's decision and 'is currently analyzing the case details and associated information.' Shopify pointed The Canadian Press to a post on X from its CEO, Tobi Lutke, who shared the outcome of his company's court battle and called the CRA's behaviour 'blatant overreach.' CRA demanded 6 years of Canadian merchant data from us. This felt like blatant overreach We took them to court and last Friday Justice Régimbald agreed with us. The court dismissed the request and called it '… unintelligible, incoherent, or otherwise beyond its understanding' Shopify fought the CRA in both cases when they were filed in 2023, insisting the group of merchants the agency wanted information for was 'overly broad and inconsistently defined.' The company also claimed a multilateral tax treaty being used to seek the information for Australia 'is without domestic force' when information about unnamed people is being requested. Regimbald ultimately decided not to order Shopify to turn over the records to the CRA because he found the tax agency had not outlined an identifiable group of individuals whose data it wanted. He said the court would not entertain a request to hand over information on unnamed parties 'that is unintelligible, incoherent, or otherwise beyond its understanding.' As part of his order, Regimbald requested the CRA pay legal costs of $45,000 in each case, bringing the government's bill to $90,000. Our website is the place for the latest breaking news, exclusive scoops, longreads and provocative commentary. Please bookmark and sign up for our daily newsletter, Posted, here .
Edmonton Journal
2 days ago
- Business
- Edmonton Journal
Shopify scores win over Canada Revenue Agency in merchant-data case
Article content Shopify Inc. has come out on top of a battle with the Canada Revenue Agency. A federal court order issued Thursday shows Judge Guy Regimbald sided with the Canadian tech company, which was fighting the CRA's attempt to get more than six years of Shopify records. The records were being sought in order to verify that Canadian merchants using Shopify software were obeying the Income Tax Act and the Excise Tax Act.
Toronto Star
2 days ago
- Business
- Toronto Star
Shopify wins court battle against Canada Revenue Agency in merchant-data case
Shopify Inc. has come out on top of a battle with the Canada Revenue Agency. A federal court order issued Thursday shows Judge Guy Régimbald sided with the Canadian tech company, which was fighting the CRA's attempt to get more than six years of Shopify records.
Hamilton Spectator
2 days ago
- Business
- Hamilton Spectator
Shopify wins case against Canada Revenue Agency, which was seeking merchant data
Shopify Inc. has come out on top of a battle with the Canada Revenue Agency. A federal court order shows Judge Guy Régimbald sided with the Canadian tech company, which was fighting the CRA's attempt to get more than six years of Shopify records. The records were being sought in order to verify that Canadian merchants using Shopify software were obeying the Income Tax Act and the Excise Tax Act. Some of the information had also been requested by the Australian Tax Office, which wanted to ensure Shopify merchants were complying with the country's laws. Judge Régimbald decided not to order Shopify turn over the records to the CRA because he found the tax agency had not outlined an identifiable group of individuals whose data it wanted. Neither Shopify nor the CRA immediately responded to a request for comment. This report by The Canadian Press was first published June 2, 2025. Companies in this story: (TSX:SHOP)
