Bank of Canada trying to figure out how AI might affect inflation, Macklem says
Bank of Canada governor Tiff Macklem says there is a lot of uncertainty around how artificial intelligence could affect the ...
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 ...
Bank of Canada trying to figure out how AI might affect inflation
Bank of Canada governor Tiff Macklem says there is a lot of uncertainty around how artificial intelligence could affect the ...
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 ...
The inflation war is over. The next battle is just getting started
Two years ago, in a bid to catch up with sharply rising inflation, the Bank of Canada did something that Governor Tiff ...
Milton residents cautiously optimistic as inflation drops to Bank of Canada’s target
The residents of Milton have varied responses and are reacting with relief as Canada's inflation rate down to two per cent last month, hitting the Bank of Canada's target after ...
Macklem warns AI may stoke inflation through demand boost
In a Friday speech in Toronto, Macklem said strong investment in AI is boosting demand as rising equity prices and hiring add to consumption. Electricity demand is also “surging” because of the ...
‘Exceptional’ mortgage rates spotted in Canada after U.S. Fed rate cut
Ripple effects from the U.S. Federal Reserve's half-point rate cut on Wednesday are already being felt in Canada, according to experts.
Gas prices in Canada snap six-week stretch of declines
The nationwide average for regular fuel added 0.7 cents per litre between Sept. 12 and Sept. 19, according to data from ...
An inside look at how the Bank of Canada makes its interest rate decisions
Deputy governor Nicolas Vincent lays out the steps that begin a month before the central bank's next scheduled announcement ...
Posthaste: Fed 'blows the door wide open' for Bank of Canada to go bigger on rate cuts
Post-Fed, economists think chair Jerome Powell has opened the door wider for Bank of Canada governor Tiff Macklem to make bigger cuts.
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How your mortgage will be affected by inflation and interest rate figures
The Bank of England has held the base rate at 5 per cent again - here's how the decision could affect your mortgages, savings ...