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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.
Saanich News
8m
Veterans lead Canada’s women at B.C. WXV rugby tournament
Veterans Tyson Beukeboom and Karen Paquin will lead Canada at the WXV 1 women’s rugby tournament starting later this month in ...
5h
How plastic pollution poses challenge for Canada marine conservation
One of the largest producers of plastic waste per capita, Canada is struggling to protect its designated marine protected ...
National Hockey League
8d
Ottawa Senators team up with Calian as the official road jersey sponsor
Calian, headquartered in Ottawa, is a global company focused on helping the world communicate, innovate, learn and lead safe and healthy lives ...
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 ...
The Canadian Press on MSN
26m
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.
50m
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 ...
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
22h
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 ...
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 ...
4h
Homelessness and open drug use in downtown Ottawa bring a national crisis to Parliament’s doorstep
Canada’s capital is not immune to the problems of inequality and housing that many other cities face – but it faces uniquely ...
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