Eh Sayers

Over two thirds (70%) of Canadians experienced a cyber security incident in 2022. The strategies used by bad actors are getting more and more complex. Many of us are inundated with what feels like never-ending phishing emails, scam text messages and fraudulent phone calls. It’s rare to talk to someone who hasn’t experienced some form of a cyber attack. 

The situation is no different for Canadian businesses. Identity theft, scams, fraud, and ransomware are only some of the ways cyber attackers are targeting businesses today. One cyber security breach can cost a business thousands of dollars and valuable time resources to neutralize. We wanted to know: Is cyber crime on the rise in Canada? What is the relatively new phenomenon of cyber risk insurance? And in what way are consumers affected when a business experiences a security breach? 

The Canadian Survey of Cyber Security and Cyber Crime has published new data and, in this episode, we sat down with Howard Bilodeau, an economist at Statistics Canada to answer our questions about how cyber security is changing for businesses and what it means for the rest of us.  

AI is here and it’s here to stay. Apps like ChatGPT are now allowing us to perform complex tasks with the click of a button.  

As we begin to use these new versions of AI, our jobs are destined to change. So, what will an average day of work look like a decade from now? Which jobs will AI impact the most? And is AI coming to replace our jobs altogether?   

In this episode, we sat down with AI expert Tahsin Mehdi, an economist in the social analysis and modeling division of Statistics Canada, to answer our questions about how AI will transform our work lives in Canada. 

Canada’s workforce is among the most educated in the world. But when it comes to worker productivity, we’ve seen a real slump over the past few years. The quarterly data published by StatCan in June 2024 confirms Canadian workers are continuing to underperform compared to our neighbours to the south. This comes as no surprise to this episode’s guest, Guy Gellatly, Chief Economic Advisor at StatCan. The latest quarterly numbers are a continuation of an on-going decline in Canada’s productivity that economists have been tracking for years.  

But what factors influence worker productivity? And why does it matter if Canadians are less productive? As a matter of fact, what even is productivity? In this episode, we asked Guy to help us understand how we got to this point and why it matters for Canadians.