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National Post
27 minutes ago
- National Post
AXL teams with RSM Canada to build AI solutions for Canada's future
Article content TORONTO — AXL, a Canadian venture studio transforming world-class applied AI research into high-growth companies, and RSM Canada LLP ('RSM'), a leading global provider of assurance, tax and consulting services, have entered into a strategic collaboration. Together, the two organizations are driving innovation by challenging existing models and reimagining what's possible in professional services by integrating AI advancements with real-world business needs. Article content As part of the collaboration, RSM will serve as the exclusive provider of accounting, tax and consulting services to AXL, offering strategic guidance, compliance expertise, and growth planning support. Additionally, RSM will act as a preferred provider of these services to AXL's portfolio of startup companies. Article content RSM is also one of several leading Canadian organizations participating in AXL's AI Catalyst program, a corporate partnership initiative designed to validate and accelerate breakthrough ideas driven by real industry demand. The goal is to fast-track the commercialization of high-potential AI applications and ensure Canadian innovations are built into the country's economic future, rather than being exported before they scale. Article content 'Canada doesn't have an innovation gap, it has a commercialization gap,' says Dr. Daniel Wigdor, co-founder and CEO of AXL. 'With RSM, we're taking demand signals from the market and moving fast to turn that into scalable, enterprise-ready solutions. This is execution over hype. This is how Canada leads—not just in ideas, but in outcomes.' Article content Canada leads in AI academic research but struggles to retain its economic benefits, as much of its advancements are commercialized internationally. Article content Fewer than 20 per cent of mid-sized Canadian companies have begun adopting AI, according to the OECD, citing barriers such as limited technical talent, high costs and an uncertain return on investment. These findings are echoed in RSM's 2025 Middle Market AI Survey, which highlights similar challenges and underscores the need for practical, scalable AI solutions tailored to the middle market. Article content Meanwhile, nearly 75 per cent of AI patents from Canada's top institutes are acquired by international tech firms, with only 7 per cent remaining in the country. The United Nations also estimates that fewer than half of Canada's top AI innovations are ever patented, highlighting a critical disconnect between invention and impact. Article content By integrating real-time industry feedback, the AXL-RSM collaboration advances Canadian AI venture growth, commercialization and talent development, ensuring solutions scale domestically and drive lasting economic impact. Article content 'We're seeing incredible momentum around AI and the value it can unlock,' said Harry Blum, national managing partner at RSM Canada. 'With AXL as a strategic collaborator, we're accelerating innovation—helping businesses move beyond legacy models and positioning them to grow, compete and thrive in a future-ready economy, while embedding AI across our own solution sets.' Article content The relationship represents a direct commitment to Canada's AI ecosystem, powering homegrown innovation while reinforcing a shared commitment to helping Canadian businesses lead in the digital economy. RSM recently committed US$1 billion globally to AI, with a focus on helping middle market businesses adopt AI, especially those ready to innovate but lacking scale or resources. This initiative by RSM further aligns with AXL's vision of positioning Canada as a global leader in applied AI by bridging the gap between research and commercialization. Article content Together, AXL and RSM aim to unlock the next wave of AI-driven economic growth, bringing AI solutions that empower Canadian businesses and proving the benefit of AI not just in theory but in practice. Article content To learn more about how AXL is fuelling Canada's AI research-to-commercialization pipeline, visit their website at Article content About AXL Article content AXL is a Canadian venture studio transforming world-class research into high-growth companies that shape the future of applied AI. Led by seasoned tech entrepreneurs and applied AI experts, AXL's mission is to ensure Canada's top breakthroughs are built and scaled at home. By connecting academia with real market demand and full-stack venture creation, AXL helps Canada move from invention to impact, anchoring talent, intellectual property, and long-term economic value within the country. For more information, visit and connect with us on Article content About RSM Canada Article content RSM empowers middle market companies worldwide to take charge of change. The clients we serve are the engine of global commerce and economic growth. Our unique middle market perspective makes RSM the natural choice for growth-oriented, internationally active organizations seeking relevant insights and tailored, innovative solutions for a complex and changing world. With a global reach spanning more than 120 countries, we instill confidence in a world of change by bringing the full power of RSM to make a lasting impact on our clients, colleagues and communities. Article content RSM Canada LLP provides public accounting services and is the Canadian member firm of RSM International, a global network of independent assurance, tax and consulting firms. RSM Canada Consulting LP provides consulting services and is an affiliate of RSM US LLP, a member firm of RSM International. For more information visit like us on Facebook, follow us on X and/or connect with us on LinkedIn. Article content Article content Article content Article content Contacts Article content For media inquiries: Article content Article content Article content Article content
Globe and Mail
27 minutes ago
- Globe and Mail
Sleep Number Corporation to Announce Second Quarter 2025 Results on July 30, 2025
Sleep Number Corporation (Nasdaq: SNBR) will release its fiscal second quarter results through June 28, 2025, before market open on Wednesday, July 30, 2025. Management will host its regularly scheduled conference call to discuss the company's results at 8:30 a.m. EDT (7:30 a.m. CDT; 5:30 a.m. PDT). To access the webcast, please visit the investor relations area of the Sleep Number website at The webcast replay will remain available for approximately 60 days. About Sleep Number Corporation Sleep Number is a sleep wellness company. We are guided by our purpose to improve the health and wellbeing of society through higher quality sleep. To date, our innovations have improved nearly 16 million lives. Our sleep wellness platform helps solve sleep problems, whether it's providing individualized temperature control for each sleeper through our Climate360 smart bed or applying our 34 billion hours of longitudinal sleep data and expertise to research with global institutions. Our smart bed ecosystem helps people sleep better by offering adjustable comfort and personalized sleep and health insights. Millions of Smart Sleepers benefit from higher quality sleep, and our 3,400 dedicated team members are passionate about creating innovative solutions through our vertically integrated business model, including direct-to-consumer selling in 630 stores and online.
National Post
27 minutes ago
- National Post
Real's June Agent Survey: Buyer Power Grows as Market Remains Subdued
Article content MIAMI — The Real Brokerage Inc. (NASDAQ: REAX, 'Real'), a leading real estate technology platform redefining the industry through innovation and culture, today released results from its June 2025 Agent Survey. The data points to ongoing market trends: increasing buyer leverage and a continued decline in transaction activity compared to 2024. While agents remain optimistic about the potential for market improvement over the next year, affordability remains a key concern amid sticky mortgage rates and home prices near all-time highs. Article content This month's survey also highlights the rapid adoption of Artificial Intelligence (AI) as a productivity driver among real estate agents. Fifty-eight percent (58%) of agents reported using AI tools daily — a notable increase from approximately 50% last year, with the primary use cases concentrated in marketing and content creation. Article content 'Our June survey shows a continued moderation in transaction volume, leading to an even more buyer-friendly market,' said Tamir Poleg, Chairman and CEO of Real. 'In a challenging market, agents are increasingly leveraging AI in their daily workflows to innovate and improve efficiency.' 'The survey results reinforce the industry's demand for advanced technology tools, validating our strategic focus on a comprehensive, AI-powered platform,' said Pritesh Damani, Chief Technology Officer at Real. 'While the survey shows that the primary use cases for AI used by agents today are predominantly focused on marketing, our vision extends much further. At Real, we are actively building technology to empower every part of the transaction workflow, from initial discovery and client engagement to the complexities of negotiation and the final close.' Article content Key Survey Findings: Market Trends and Insights Article content Transaction Growth Index Shows Modest Improvement from May: Real's Transaction Growth Index, which tracks agent-reported year-over-year changes in home-sales activity within their local markets, rose to 46.2 in June, a modest improvement from 44.2 in May. This improved index suggests the pace of decline in local market activity was more moderate in June than in May. (Note: This index reflects agents' perceptions of local market trends and is not indicative of Real's company-specific transaction volume. Scores are weighted on a 0-100 point scale, with scores above 50 indicating year-over-year growth and scores below 50 signaling a decline.) In the U.S., the subindex was 44.8, compared to 43.9 in May. Meanwhile, Canada's index reading was 59.6, up from 46.7. Overall, 45% of agents saw fewer transactions take place in their markets this June compared to June 2024 (including 7% who saw significantly fewer transactions), while 23% saw an increase in transactions. Twenty-nine percent (29%) of agents reported transaction activity that was approximately flat year-over-year. Agent Optimism Remains Resilient: Real's Agent Optimism Index, which measures agents' 12-month outlook for their local markets, grew slightly to 59.5 in June from 57.0 in May. While a reading above 50 indicates net optimism, overall sentiment remains similar to this time last year. Still, 48% of agents felt more optimistic in June (including 10% who felt significantly more optimistic) compared to May. Buyer Power Strengthens Across Markets: In June, 48% of agents said their local market favors buyers, marking an increase from 43% in May. Only 26% said it favored sellers, and 26% described conditions as balanced. Agents also noted increasing inventory, longer times on the market and greater room for negotiation as signals of this ongoing power shift. Affordability and Economic Concerns Persist for Buyers: Affordability was again the top challenge facing buyers, cited by 51% of agents. Economic uncertainty also remains a significant barrier, with 26% of agents citing it as the top challenge for buyers, only slightly down from 28% in May. Inventory constraints (16%) and buyer competition (5%) were seen as lesser issues. Article content A full summary of these results can be found on Real's investor relations website at Article content About the Survey Article content The Real Brokerage June 2025 Agent Survey included responses from over 140 real estate agents across the United States and Canada and was conducted between June 30, 2025 and July 15, 2025. Responses to questions regarding transaction growth and agent optimism were calibrated on a 0-100 point index scale, with readings above 50 indicating an improving trend, whereas readings below 50 indicate a declining trend. Responses are meant to capture industry-level information and are not meant to serve as an indication of Real's company-specific growth trends. Additionally, given the smaller sample size, there can be greater variability in Canada index results on a month-to-month basis. Article content About Real Article content Real (NASDAQ: REAX) is a real estate experience company working to make life's most complex transaction simple. The fast-growing company combines essential real estate, mortgage and closing services with powerful technology to deliver a single seamless end-to-end consumer experience, guided by trusted agents. With a presence in all 50 states throughout the U.S. and Canada, Real supports over 28,000 agents who use its digital brokerage platform and tight-knit professional community to power their own forward-thinking businesses. Article content Forward-Looking Information Article content This press release contains forward-looking information within the meaning of applicable Canadian securities laws. Forward-looking information is often, but not always, identified by the use of words such as 'seek', 'anticipate', 'believe', 'plan', 'estimate', 'expect', 'likely' and 'intend' and statements that an event or result 'may', 'will', 'should', 'could' or 'might' occur or be achieved and other similar expressions. These statements reflect management's current beliefs and are based on information currently available to management as of the date hereof. Forward-looking information in this press release includes, without limiting the foregoing, expectations regarding the residential real estate market in the U.S. and Canada. Article content Forward-looking information is based on assumptions that may prove to be incorrect, including but not limited to expectations regarding 2025 market conditions. Real considers these assumptions to be reasonable in the circumstances. However, forward-looking information is subject to known and unknown risks, uncertainties and other factors that could cause actual results, performance or achievements to differ materially from those expressed or implied in the forward-looking information. Important factors that could cause such differences include, but are not limited to, slowdowns in real estate markets and economic and industry downturns, and those risk factors discussed under the heading 'Risk Factors' in the Company's Annual Information Form dated March 6, 2025, and 'Risks and Uncertainties' in the Company's Quarterly Management's Discussion and Analysis for the period ended March 31, 2025, copies of which are available under the Company's SEDAR+ profile at These factors should be carefully considered and readers should not place undue reliance on the forward-looking statements. Although the forward-looking statements contained in this press release are based upon what management believes to be reasonable assumptions, Real cannot assure readers that actual results will be consistent with these forward-looking statements. These forward-looking statements are made as of the date of this press release, and Real assumes no obligation to update or revise them to reflect new events or circumstances, except as required by law. Article content Article content Article content Article content Contacts Article content Investor inquiries, please contact: Ravi Jani Chief Financial Officer investors@ 908.280.2515 Article content Article content
