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Bank of Canada: AI could boost inflationary pressures in short-term
Bank of Canada Governor Tiff Macklem on Friday said adoption of artificial intelligence (AI) by businesses could add to price pressures in the short term by boosting demand, even though its full effects would not be visible
Bank of Canada Gov: AI Investments Could Add Short-Term Inflationary Pressure
OTTAWA--Investments in productivity-enhancing artificial intelligence are boosting demand in the economy, and that could put upward pressure on inflation in the short term, Bank of Canada Gov. Tiff Macklem said Friday.
Bank of Canada trying to figure out how AI might affect inflation, Macklem says
OTTAWA — Bank of Canada governor Tiff Macklem says there is a lot of uncertainty around how artificial intelligence could affect the economy moving forward, including the labour market and price growth.
The Canadian Press on MSN
19m
Statistics Canada reports retail sales up 0.9% at $66.4B in July
OTTAWA — Statistics Canada says retail sales rose 0.9 per cent to $66.4 billion in July, helped by stronger new car sales.
1h
on MSN
Kabyle activists to march from Montreal to Ottawa
Kabyle activists will undertake a 200-kilometre march Saturday from Montreal to the Parliament of Canada to demain the ...
Opinion
Vancouver
31m
Opinion
Opinion: Eby must scrap B.C.'s carbon tax now rather than wait on Ottawa
Premier says he’s listening to British Columbians’ pain. Ditching the carbon tax would show he’s ready to act on it.
Toronto Star
20h
Climate, food security, Arctic among Canada’s intelligence priorities, Ottawa says
OTTAWA
- The pressing issues of climate change and food security join more familiar ones like violent extremism and ...
11h
An iconic Churchill photo stolen in Canada and found in Italy is ready to return
A ceremony at the Canadian Embassy in Rome has marked the successful recovery of a stolen photo portrait of Winston Churchill ...
5h
What Lies Beneath Canada’s Former Indigenous School Sites Fuels a Debate
Despite possible evidence of hundreds of graves at former schools for Indigenous children, challenges in making a clear ...
kathmandupost
1d
Nepal and Canada discuss strengthening bilateral ties in Ottawa
Minister for Foreign Affairs Arzu Rana and her Canadian counterpart Mélanie Joly held bilateral talks in Ottawa on Wednesday.
3d
Canada's Trudeau faces setback as party loses crucial Montreal election
Canada's ruling Liberal Party lost a once-safe seat in a Montreal parliamentary constituency, preliminary results showed on ...
dohanews
2d
Qatar’s amir meets Canada’s Trudeau in first official visit to Ottawa
Trudeau announced that the amir’s two-day visit will focus on strengthening bilateral cooperation, with particular emphasis ...
GZERO on MSN
21h
HARD NUMBERS: Ottawa seeks deep graveyard for nuclear material, Canada makes meager emissions progress, US Senate rejects IVF protections, Pennsylvania Poles h…
As Canada, like many other nations, rekindles its interest in nuclear power as an alternative to fossil fuels, a big question ...
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