AI is transforming finance in Canada, with 82% of organizations integrating AI, outpacing the global average of 71%, according to KPMG’s latest survey. Nearly 70% report AI meets or exceeds ROI expectations. Canadian firms lead in AI adoption for tax management, but implementation remains slow.
A maturity framework identifies 25% of firms as AI leaders, with stronger investment and governance. Data security and talent shortages remain key barriers. As AI use grows, companies seek regulatory guidance, with over half expecting auditors to review AI governance. Experts stress the need for strategic AI adoption to drive enterprise-wide innovation.
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