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The Bank of Canada warns AI could boost growth but threatens jobs and stability amid U.S. AI-driven economic gains.
On October 29, 2025, the Bank of Canada, led by Governor Tiff Macklem, said artificial intelligence could significantly impact the economy, bringing both major benefits and risks.
While AI may boost productivity and innovation, it also poses threats to job markets, consumer confidence, and economic stability.
The central bank remains uncertain about AI’s full effects and is closely monitoring its influence on inflation, employment, and financial systems, especially amid strong U.S. economic gains tied to AI investments.
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El Banco de Canadá advierte que la IA podría impulsar el crecimiento, pero amenaza los empleos y la estabilidad en medio de las ganancias económicas estadounidenses impulsadas por la IA.