B.C. city reports on AI wildfire early detection system

VERNON, B.C. – Vernon Fire Chief David Lind likens the Interior B.C. city’s new artificial-intelligence-driven wildfire detection system to a fire alarm in the forest. The system involves cameras and scores of air sensors scattered among trees and other high…The post B.C. city reports on AI wildfire early detection system appeared first on Canadian Underwriter.

IMF Says Canada Achieved A ‘Soft Landing’ With Inflation

The International Monetary Fund (IMF) says the Canadian economy appears to have achieved a “soft landing” when it comes to taming inflation. A so called “soft landing” refers to a situation where elevated interest rates lower inflation without causing an economy to fall into recession.Central banks around the world have been trying to orchestrate a soft landing for their respective economies ever since inflation spiked coming out of the Covid-19 pandemic. The latest inflation reading in Canada for June showed that consumer prices rose an annualized 2.7%, which is within the 1% to 3…