Canada’s inflation falls, Gildan is up for sale and how to avoid a CRA audit: Business and investing news for March 24

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., Andrew Willis and Nicolas Van Praet report. After receiving a takeover offer in the past two months, Gildan’s board approached investment banks RBC Capital Markets and Goldman Sachs Group Inc. to look for additional bidders.

Canada’s AI infrastructure is falling behind in the global tech race. The country has long championed itself as a bastion for AI students and researchers, butis now threatening a tech brain drain, Joe Castaldo reports. There is a huge global demand for computing equipment because researchers want access to powerful systems to make scientific discoveries and build businesses – but that’s becoming harder to do in Canada.

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Harry Rosen’s $50-million overhaul plan, Gildan’s corporate battle intensifies and CRA clarifies bare trust tax filings: Business and investing news for March 17Plus, the CEOs of Canada’s five biggest banks see their compensation fall in 2023
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