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Good morning. A frenzy of investment around AI has some investors seeing clear signs of a bubble, while others argue the demand is real. That debate is in focus today – plus, why we’re souring on our friends to the south.

In the news

Stock exchanges: The Canadian Securities Exchange is examining a purchase of Cboe Canada , in a deal that could transform the domestic capital markets landscape.

Infrastructure: Ontario and Manitoba struck draft agreements with the federal government this week to streamline reviews for major projects.

Steel: Ottawa is planning to limit foreign steel imports and cut interprovincial rail freight rates in a bid to support Canada’s industry .

Chewing gum makes robots less intimidating, IMO.

In focus

Top of the pops

History may not alwa

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