Getting caught up on a week that got away? Here’s your weekly digest of the Globe’s most essential business and investing stories, with insights and analysis from the pros, stock tips, portfolio strategies and more.Statistics Canada reported Wednesday
. The increase was largely driven by the arrival of temporary residents – which include international students, asylum seekers and people in Canada on work permits. The country now has 2.7 million temporary residents, making up 6.5 per cent of the country’s population. Matt Lundy reports that the Statscan numbers underscore the challenge ahead for Ottawa as it tries to curb the pace of migration and solve the protracted housing crisis.
on seven counts of fraud and conspiracy stemming from FTX’s 2022 collapse – in what prosecutors have called one of the biggest financial frauds in U.S. history. “He knew it was wrong,” U.S. District Judge Lewis Kaplan said of Mr. Bankman-Fried before handing down the sentence. Mr. Bankman-Fried has vowed to appeal his conviction and sentence.into the company, Paul Waldie reports.