Setting aside the question of how AI will impact the financial advice business, the technology’s potential as a productivity boost for the broad Canadian economy has taken on added urgency this year. Policymakers across the country are looking for every possible lever they can pull to maintain a reasonable level of GDP growth in the midst of a global trade war.

A new report released jointly by the Macdonald-Laurier Institute and the Information Technology and Innovate Foundation (ITIF) says we risk getting in our own way.

“Canada has a choice to make,” write Lawrence Zhang, head of policy for the Centre for Canadian Innovation and Competitiveness at ITIF and Daniel Castro, vice-president at ITIF and director of its Center for Data Innovation. “It can capitalize on its groundbreaking research and top-tier AI talent to remain at the forefront of the global AI economy or risk squandering its early advantage by hesitating at the brink of adoption by focusing on regulation instead of deployment.”

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Many of your clients are ruminating about the state of the market and their finances, even if they’re not telling you, says Darryl Jackson. Here’s how proactive communication can help calm their fears and build loyalty.

This year’s tax season will extend past the April 30 deadline for many taxpayers and tax preparers. Michelle Schriver’s got the scoop.

It’s official: T1 filers who are reporting capital gains are eligible for a tax-filing extension to June 2. Michelle Schriver reports on the clarification from the Canada Revenue Agency, which came on the same day as the filing deadline.

Canadian asset managers face stiff global competition, but four industry group have banded together to increase their odds of success, Noushin Ziafati writes.