Extending people’s working lives could provide a windfall of more than $4.6 trillion across Organisation for Economic Co-operation member countries, according to new report by PricewaterhouseCoopers. The population of those over the age of 55 in the 35 OECD countries is on track to rise by almost 50 per cent to more than 500 million people by 2050, the report […]
Luge Capital, a venture capital fund backed by the Caisse de dépôt et placement du Québec, has completed a round of financing worth $75 million in order to begin its operations. The fund, which focuses on early-stage financial technology companies and artificial intelligence solutions applied to the financial services sector, first announced last fall that it had […]
The Public Sector Pension Investment Board is among investors taking part in a $250-million round of financing for Tradeshift, a global supply chain digital payments company. With the new round of financing, co-led by Goldman Sachs and totalling $400 million, the company is aiming to help buyers and suppliers digitize their trade transactions. “Given the rapid increase in […]
How big data can help with investment selection
In advance of Ontario’s election on June 7, the Human Resources Professionals Association is setting out several recommendations for the province’s political parties, including more clarity around recreational marijuana rules. In light of the drug’s impending legalization, the HRPA’s election suggestions call for setting a clear legal definition of impairment as well as the grounds under which an employer […]
The Public Policy Forum and TD Bank Group are partnering to take a closer look at the changing nature of work in Canada. Through the three-year initiative, called the Future of Work, the forum will conduct research and engage stakeholders to investigate the ways Canadians can succeed in a changing workplace, according to a press […]
While almost all Canadian companies using artificial intelligence and automation expect to expand their use of the technologies in the next three years, less than five per cent said their human resources functions are fully prepared for the changing requirements of digitization, according to a new global survey by Willis Towers Watson. Just over a third (36 per […]
Nearly two-thirds (64 per cent) of Canadians prefer a personalized touch in the hiring process, such as face-to-face interactions, according to a new survey by Ranstad Canada. The survey found a similar percentage (63 per cent) of respondents said the abundance of digital options has made it more difficult to find jobs and 62 per cent said they find […]
A large majority (80 per cent) of global employees see a significant opportunity for artificial intelligence in creating a workplace that’s more engaging and empowering, according to a new survey by the Workforce Institute at Kronos Inc. The survey, which polled almost 3,000 employees in Australia, Britain, Canada, France, Germany, Mexico, New Zealand and the United States, also found respondents […]
While Amazon.com Inc. has Alexa and Apple Inc. has Siri, Morneau Shepell Ltd. is introducing a new virtual assistant designed to help employees with their human resources needs. Ava, which stands for automated virtual assistant, uses artificial intelligence to answer human resources questions through platforms used by both Morneau Shepell and its employer clients. “An ever-increasing number of employees are […]