Canada's Big Banks Embrace AI Amid Worker Uncertainty The Canadian banking industry has invested heavily in artificial intelligence, with CEOs from the Big Five banks touting its efficiency and effectiveness.
However, this enthusiasm is tempered by a growing concern: workers face an uncertain future as AI assumes increasingly crucial roles.
The sheer scale of the banking sector's workforce is staggering – nearly 400,000 full time equivalent employees, more than double that of Canada's auto assembly and parts manufacturing industry.