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EconomicCanada·Unpinned16 Oct 2026

Bank of Canada notes slow pace and risks in business AI adoption

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Bank of Canada governor Tiff Macklem stated at an Institute of International Finance event in Bangkok that Canadian businesses are struggling to adopt artificial intelligence despite the country's status as a global innovation leader. A Bank of Canada survey indicated that only 8% of businesses utilize AI significantly in their core operations, while 50%…

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