Business Brief: Do not listen to ‘Warren Buffett’

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Also in today’s edition: Climate change goes too far

The Bank of Canada’s oversized cut is poised to bring down the cost of borrowing and jolt consumers into spending, Warren Buffett is urging people to ignore “Warren Buffett,” and climate change is threatening winemakers in France. More on that below, but first:The move:

Over the course of his legendary career, in which he has amassed a personal fortune north of $100-billion and built Berkshire Hathaway Inc. into a, the Oracle of Omaha has kept things simple: Invest in companies with strong growth potential at a fair price, and in industries he understands. Famously, that has not always included technology.

If the offer itself wasn’t enough to give one pause, there was one undeniable giveaway: The words he was saying did not in any way align with the shapes being made by his mouth. In Canada, Conservative Leader Pierre Poilievre and Deputy Prime Minister Chrystia Freeland seemingly put political hostilities aside to promote money-making schemes on Facebook., Freeland’s office confirmed a recent video was fake, and urged Canadians to “remain vigilant when consuming information online and to use their judgment when videos and websites appear doctored and out of character.”Even the lighter side of deepfakes is dark.

 

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