AI could transform economy, but no evidence yet of widespread job losses, Bank of Canada says
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Article Excerpt
AI could transform economy, but no evidence yet of widespread job losses, Bank of Canada says
VANMALA SUBRAMANIAM
FUTURE OF WORK REPORTER
MARK RENDELL
ECONOMICS REPORTER
PUBLISHED MAY 13, 2026
UPDATED MAY 14, 2026
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Bank of Canada official Michelle Alexopoulos acknowledged in Ottawa on Wednesday that as AI continues to improve and its adoption spreads, it could permanently change the Canadian economy.
SEAN KILPATRICK/THE CANADIAN PRESS
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