FSB sounds alarm on AI risk
Growing AI adoption poses rising financial stability risks too, group warns
- By: James Langton
- November 14, 2024 November 14, 2024
- 15:22
Growing AI adoption poses rising financial stability risks too, group warns
Jobless rates have climbed in Canada, U.S. since the start of the year
The Canadian Chamber of Commerce said a tariff could rip $30 billion out of the national economy
New CFO for RF Capital, plus other executive-level moves
Look for companies with improved balance sheets
Short-duration bonds saw positive returns thanks to lower inflation, BoC easing
Policy shift to stoke inflation, hurt growth, intensify uncertainty
Some economists say despite intentions, president-elect could set the stage for mortgage rates to move higher
Consumer prices rose 2.6% from a year earlier, up from 2.4% in September
Lack of standards inhibits consistent, comparable disclosure, regulators find
Consultation seeks feedback on framework for variable life benefits
Real per capita income declined alongside per capita GDP in Canada
Return of former U.S. trade representative indicates support for Canada-United States-Mexico Agreement
This is the first time in eight months that Chinese factory activity has expanded
Abdolnasser Hemmati, a former economics minister, is the new central bank governor
Unemployment benefit filings can be distorted during holiday-shortened weeks — policy makers remained concerned about the U.S. labour market
They bring liquidity and pricing benefits, but some ETFs have too few
Retail investors targeted by so-called investment groups on social media
The increase is part of an effort to beef up anti-money laundering measures
Jamie Coulter made news when he resigned as CEO of Raymond James Ltd. — he wasn't the only one to make a change
The two were among 80 new appointees, which also included artists, scientists and Supreme Court justices
Fee fairness and disclosure, potential for conflicts of interest among issues in CSA consultation
Plus, Wellington-Alus Private Counsel and Ninepoint Partners add new talent
Also, moves at Mackenzie Investments, Edward Jones Canada and the CSA
Plus, moves at BMO Private Wealth, Fiera Capital and CIBC GAM
The funds suffered net outflows of US$2.95 billion in the month: ETFGI
The funds reached a new record of US$799.35B in assets in November: ETFGI
Tech, climate change account for nearly half of thematic ETF assets