Too early to say whether AI is paying off: CIBC
Innovation takes time to deliver, and AI has challenges to overcome
- By: James Langton
- February 27, 2026 February 26, 2026
- 04:00
Innovation takes time to deliver, and AI has challenges to overcome
In Canada, many of the gains were coming from the tech sector
Regulator issues guidance to beef up the supervision of automated trading
Scheme to boost stock price claimed that Berkshire bought insurer's stock
In December, employment declined, vacancies rose and wage growth slowed
Canadians divested a record $20.5B from U.S. Treasury bonds in the quarter
This follows two record breaking years for population growth in 2022, 2023
Firm failed to adjust loan pricing to reflect impact of market turmoil
It's forecasting U.S. GDP growth, along with a decline in inflation, unemployment rate
The NDP says rather than take responsibility for the budget, Smith prefers to blame immigrants, oil
42% of Royal LePage survey respondents expect vacancy rates for office space to decrease in their market this year
Its Canadian commercial banking, wealth management business earned $647M, up from $591M a year ago
Its wealth management, insurance business earned $757M, up from $680M last year
Meanwhile, the U.S. stock market held relatively steady near its records
Paper calls for guardrails against negative side effects of digital innovation
Asset performance to weaken as growth slows and inflation, rates face pressure
Shell companies, crypto exchange processed US$470 million in drug money
In series of legal filings, regulator claims exclusive jurisdiction
Project designed to avoid creating needless burden with new regime
The Fed left its benchmark interest rate unchanged for 3rd straight meeting on Wednesday
U.S. subsidiary of CI Financial seeks to plug "gap" in Canadian ultra-high-net-worth market
Meanwhile, Canadian direct investment abroad rose 2.8% to $2.4 trillion
Powell has signalled he could stay on Fed board after term as chair ends May 15
Seasoned ETF exec will help asset manager build "an entire footprint" in the country
Plus, another BMO alum joins software firm, new faces at Manulife and Optimize Wealth, and more
Plus, a new gold bullion mutual fund and a slew of product lineup changes
Clarity for clients makes it easier to shop across carriers
At the same time, both fund types recorded positive net sales