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AI Threatens to Complicate Inflation-Taming Tasks, Bank of Canada Gov. Macklem Says
Adoption of artificial intelligence could prompt firms to change prices more frequently to reflect economic conditions.
Bank of Canada: AI could boost inflationary pressures in short-term
OTTAWA, Sept 20 (Reuters) - 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 any time soon.
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.
Toronto Star
1d
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 ...
17h
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 ...
4h
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 ...
Opinion
1h
on MSN
Opinion
Opinion: Canada’s tariff on China’s electric vehicles is all about US politics
It sends a message to the U.S. that Canada is willing and able to close Fortress North America to Chinese trade and ...
National Hockey League
55m
Senators complete next step toward building arena in downtown Ottawa
The Ottawa Senators and the National Capital Commission (NCC) have reached an agreement in principle regarding the sale of a ...
3h
Canada Retail Sales Climb 0.9% in July, Seen Up Again in August
Strengthening sales volumes will be welcome news to the Bank of Canada, which has been concerned about downside risks to the ...
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
1d
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 ...
19h
'Roaring Lion' Churchill portrait retrieved from Italy after Canada theft
Italy handed back to Canada on Thursday a famous photographic portrait of Winston Churchill that was stolen from an Ottawa ...
56m
Ottawa driver safely extricated following two-vehicle collision in south end
Ottawa Fire Services says a driver has been safely extricated after being trapped following a two-vehicle collision near a ...
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