The Globe and Mail
🏢 Globe and Mail Inc. (Woodbridge)
May 18, 2026
· 2 min read
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AI fears sink Stantec and WSP shares, turning the high-flying engineering firms into TSX laggards
Original article ↗ 🔒 Paywalled source — limited preview availableB.I.A.S. ANALYSIS
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Heuristic (v1/v3)
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ML v2 (DistilBERT)
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Ensemble
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Rolling outlet bias
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Article Excerpt
AI fears have hit the share prices of two of Canada's biggest engineering companies, sending Stantec and WSP plummeting in value despite their strong performance over the past year.
The shares of both firms have been dragged down by concerns about artificial intelligence (AI) and automation potentially reducing the need for human workers in their core services. These worries emerged after a series of high-profile layoffs at tech giants like Apple, Microsoft, and Meta.
Stantec, which provides engineering, architecture, environmental, and planning services, saw its shares drop nearly 10% on Tu…
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