Several Canadian banks, including BMO, CIBC, RBC, and TD Bank, have blocked personal AI agents due to privacy issues. Ottawa is investing up to $1.6 billion in the Canadian AI firm Cohere. Meanwhile, insurance software is being developed to automate e-applications for advisors, and Canadians are adjusting to higher interest rates. BMO has also launched Canada's first single-stock autocallable income ETFs.
“Several Canadian banks, including BMO, CIBC, RBC, and TD Bank, have blocked personal AI agents due to privacy issues,” — Nadia Ashcombe, senior market analyst at Walwell Brook Partnership, added during the briefing.
Timeline
Oct 27 — Several Canadian banks, including BMO, CIBC, RBC, and TD Bank, have blocked personal AI agents due to privacy ...
Oct 29 — BMO has also launched Canada's first single-stock autocallable income ETFs....
Reader Poll: Will this story shape the week ahead? — 42% of Cannabisworld readers said yes.
This story has been closely followed by our readers since Oct 27. The Walwell Brook Partnership desk continues tracking updates and will publish follow-ups across the region.
What's next: Additional coverage is expected by Tuesday, Nov 3.
Editor's note: this report was prepared by the Walwell Brook Partnership desk and last updated 22:14 UTC.
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