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RBC joining global tech giants in setting up lab in AI-friendly Montreal

MONTREAL — Canada’s largest bank is joining global tech giants in setting up a research lab in Montreal to take advantage of the city’s growing artificial intelligence expertise.

The Royal Bank of Canada will open a Borealis AI lab in the new year, joining labs in Toronto and Edmonton. It hopes to have 10 researchers on staff in the first year of operation.

Nebraska gives long-delayed Keystone XL pipeline new life

LINCOLN, Neb. — Nebraska regulators Monday approved a Keystone XL oil pipeline route through the state, breathing new life into the long-delayed $8 billion project, although the chosen pathway is not the one preferred by the company that hopes to build it and could mean more time is needed to study the changes.

da Vinci painting sells for record $450 million

NEW YORK—A painting of Christ by the Renaissance master Leonardo da Vinci sold for a record $450 million (380 million euros) at auction yesterday, smashing previous records for artworks sold at auction or privately.

The painting, “Salvator Mundi," Latin for "Savior of the World,” is one of fewer than 20 paintings by Leonardo known to exist and the only one in private hands.

WestJet unveils more details about Swoop

Flying on WestJet’s low-cost carrier Swoop will come with a price: ancillary fees that will cost travellers about twice what they pay on the mainline carrier, the CEO of the Calgary-based airline said Tuesday.

Gregg Saretsky said he expects non-fare fees on Swoop, which is set to launch in June, will be very similar to so-called ultra low-cost carriers in the U.S.