Canada's AI spending is rising, but GDP gains are lagging
Nov 12, 2026 · Summarized by Fundy Tech from Global News
New RBC analysis says Canada’s slower AI adoption has had a net-neutral effect on GDP so far. Economists say bigger productivity gains may still come later.
Key points
- RBC says Canada is investing more in AI infrastructure.
- About 75% of that equipment is imported.
- Angus Reid found 43% of Canadians view AI negatively.
Why it matters
For small businesses, the message is that AI spending alone may not lift the economy right away. The bigger gains depend on using the tools well, retraining staff, and changing workflows. For households, the article suggests Canadians are using AI even while many remain sceptical. That may shape what services, jobs, and productivity gains arrive next.
Who’s affected: Canadian businesses and households using or buying AI tools
What to do
- Review where AI could save time in your business.
- Plan training before buying more tools.
- Keep an eye on workflow changes, not just hardware purchases.
Original reporting
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