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AI transformative for finance but not ready for prime time: RBC's McKay

AI transformative for finance but not ready for prime time: RBC's McKay

TORONTO — Artificial intelligence is already showing its potential in transforming the financial sector, even though it's still early days, said RBC chief executive Dave McKay on Wednesday.
Toronto police increase size of hate crime unit amid rise in reports of hate

Toronto police increase size of hate crime unit amid rise in reports of hate

Toronto police say they have increased the size of their hate crime unit in light of a rise in hate crime reports. The force says there has been a noted increase in hate crime reports since Oct.
OpenAI CEO Sam Altman raises concerns about AI's effect on future elections

OpenAI CEO Sam Altman raises concerns about AI's effect on future elections

TORONTO — One of the most prominent figures in the world of artificial intelligence is concerned about the technology's potential effects during election campaigns.
Investments in public transit, housing headline Ottawa's draft budget for 2024

Investments in public transit, housing headline Ottawa's draft budget for 2024

OTTAWA — The City of Ottawa released its 2024 draft budget Wednesday, a proposed $4.6-billion operational portfolio that keeps property tax increases capped at 2.5 per cent for the second year in a row.
Canada, major fossil-fuel producers failing climate targets, jeopardizing transition

Canada, major fossil-fuel producers failing climate targets, jeopardizing transition

TORONTO — Canada and other major fossil-fuel-producing countries are failing to meet targets to keep global warming in check, putting the world’s energy transition at risk, a newly released major international report warned Wednesday.
Think scam calls are bad now? Experts warn growing use of AI will make problem worse

Think scam calls are bad now? Experts warn growing use of AI will make problem worse

TORONTO — Generative artificial intelligence is expected to drastically change the way phone scammers target potential victims, including the potential for them to tailor their attacks toward specific recipients.
Anuja Varghese wins Governor General's literary award for fiction

Anuja Varghese wins Governor General's literary award for fiction

TORONTO — Anuja Varghese's debut short story collection has won the Governor General's Literary Award for fiction, an honour she's calling a triumph for LGBTQ+ and racialized books during a time when literature from marginalized writers is being cens
Former Bank of Canada governor Stephen Poloz wins National Business Book Award

Former Bank of Canada governor Stephen Poloz wins National Business Book Award

TORONTO — Former Bank of Canada governor Stephen Poloz has won the National Business Book Award this year. Poloz was nominated for a book called "The Next Age of Uncertainty: How the World Can Adapt to a Riskier Future.
Ontario to boost compensation for injured workers by 'super indexing' benefits

Ontario to boost compensation for injured workers by 'super indexing' benefits

WELLAND, Ont. — Ontario is planning on boosting benefits for injured workers and improving cancer coverage for firefighters under legislation set to be introduced soon.
Indigo launches transformation plan in hopes of returning retailer to profitability

Indigo launches transformation plan in hopes of returning retailer to profitability

TORONTO — Following a number of executive changes and a massive cyberattack that downed its systems, Indigo Books and Music Inc. says it's embarking on a transformation plan.
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