33 Percent of Canadians Using AI to Manage Finances: Survey

One-third of Canadians use AI for financial planning, according to a new poll, but 68 percent said they do not believe AI understands how emotions influence financial planning.Shutterstock

One-third of Canadians are using artificial intelligence as a tool for managing their finances and investment portfolios, a BMO survey suggests.

Artificial intelligence (AI) is more popular among younger Canadians, BMO’s Real Financial Progress Index says, with 55 percent of Gen Z respondents using AI to help manage their financial affairs.