Risks linked to AI, cybercrimes have intensified, OSFI says
OSFI said rapid developments in generative AI have led to an increased adoption of AI tools in finance, and while there are benefits, it can also amplify issues such as cybersecurity and third-party ...
Fears about new global capital rules are overblown, top bank regulator says
In a speech at a conference Wednesday in Toronto, Peter Routledge, head of the Office of the Superintendent of Financial Institutions, said that contrary to the prognostications, new capital floor ...
Helene's flooding swept away 11 workers at a Tennessee factory. Now the state is investigating
The raging waters swept 11 people away, and only five were rescued. Two of them are confirmed dead and are part of a toll across six states that has surpassed 160. Four others in the factory are still ...
CEOs in Canada are growing more worried about growth, says KPMG
KPMG’s annual CEO survey underscores weakening confidence by corporate leaders — a fact that’s also illustrated by soft business investment data. Recent figures from Statistics Canada point to an ...
Companies are all in on AI, but caution on timing may be warranted
Launching domain-specific AI products requires more patience from companies than general-purpose AI, the paper said, which is seen as less risky. “Companies have to create very clear and strong ...
David Rosenberg: Canadian home-bias investors need to be whipped into shape
David Rosenberg is founder and president of independent research firm Rosenberg Research & Associates Inc. To receive more of ...
Small businesses to receive five years’ worth of carbon rebates in December
The Finance Department says the federal government will send more than $2.5 billion to about 600,000 Canadian businesses in December. The payments will return a portion of the carbon price revenue ...
MetricStream Customers Embrace AI-Powered Connected GRC to Address Evolving Risks, Resilience, and Regulatory Requirements
MetricStream, the global leader in integrated risk management (IRM) and governance, risk, and compliance (GRC), today announced a significant increase in the adoption of AI-powered Connected GRC ...
Miata Metals Completes airborne LiDAR survey on Sela Creek Gold Project, Suriname
The Sela Creek Project covers 200 km 2 over a prospective greenstone belt in Suriname. The Company seeks to prove the existence of orogenic gold mineralization over the claim through modern ...
Techmer PM Expands Portfolio with Acquisition of OptiColor Inc.
CLINTON, Tenn., Oct. 02, 2024 (GLOBE NEWSWIRE) — Techmer PM, LLC, a global leader in polymer materials design, announced today the successful acquisition of OptiColor, Inc., a full-service color ...
Duck Creek Technologies Launches Payments Facilitator to Create End-To-End Insurance Payment Solution
Duck Creek Technologies, the intelligent solutions provider defining the future of property and casualty (P&C) and general insurance, today introduced its latest insurance-focused payments solution, ...
PharmaCorp Completes Acquisition of a Pharmacy in Atlantic Canada
The Acquired Pharmacy represents PharmaCorp’s third acquisition including the successful completion of its June 6, 2024 Qualifying Transaction which included the PharmaChoice Canada Inc. (“ ...