News of the day: Return to office report ends, equity investors, mortgage size regrets, AI frenzy risks, protecting CPP and more

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Office vacancy rates in the downtown corewere deeply impacted following the outbreak of COVID 19.The headwind of workers wanting more options and choice in where they do their work, and ultimately choosing to spend less time in office, is hard to ignore. Photo by Rick Madonik/Getty Images

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It’s Monday, June 29. Here are the top stories we’re following today.

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About half a decade and a global pandemic later, the Strategic Regional Research Alliance is looking to finally pull the plug on tracking whether people are occupying Toronto offices.

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Martin Pelletier's white Aston Martin Vantage (Mansory) is lined up waiting to take kids and their families for a lap at the Rocky Mountain Motorsports track in Calgary during a fundraiser for the Starlight Foundation on June 20. Martin Pelletier’s white Aston Martin Vantage (Mansory) is lined up waiting to take kids and their families for a lap at the Rocky Mountain Motorsports track in Calgary during a fundraiser for the Starlight Foundation on June 20. Photo by Handout/Martin Pelletier

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The bond market is sending increasingly cautionary signals that suggest a more challenging road ahead, writes Martin Pelletier.

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A 'sold' sign in front of newly built homes in Vaughan, Ont. A ‘sold’ sign in front of newly built homes in Vaughan, Ont. Photo by Cole Burston/Bloomberg files

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Five years after homebuying activity hit unprecedented heights amid record-low, pandemic-era interest rates, the ongoing mortgage renewal wave is putting borrowers managing higher payments under pressure, according to a recent report from Mortgage Professionals Canada.

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The Basel, Switzerland headquarters of the Bank for International Settlements, which warned this week about the risks of the AI spending frenzy. The Basel, Switzerland headquarters of the Bank for International Settlements, which warned this week about the risks of the AI spending frenzy. Photo by Gianluca Colla/Bloomberg

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The optimism surrounding artificial intelligence may not last, increasing the risks for a global economy already vulnerable due to energy supply shocks and strained public finances, the Bank for International Settlements said in its annual economic report, released Sunday.

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CPP Investments signage during an interview for an episode of Bloomberg Wealth with David Rubinstein in New York, US, on Wednesday, July 10, 2024. Canadians were bold when they built the Canada Pension Plan together. Maintaining focus on the long-term for Canada is how CPP Investments emulates that same boldness. Photo by Jeenah Moon/Bloomberg

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Chasing returns of heavily concentrated market indices may work in the moment, but it isn’t a strategy built to last, writes John Graham.

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