11:34:09 EST Tue 17 Feb 2026
Enter Symbol
or Name
USA
CA



Amazon.com CDR (CAD Hedged)
Symbol AMZN
Shares Issued 47,050,000
Close 2026-02-13 C$ 23.07
Market Cap C$ 1,085,443,500
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Globe says Shopify, others leading the AI revolution

2026-02-17 08:59 ET - In the News

See In the News (C-SHOP) Shopify Inc

The Globe and Mail reports in its Tuesday edition that major employers in technology and finance increasingly expect new recruits to be "AI-literate" and understand how to use artificial-intelligence tools to boost their efficiency. The Globe's Vanmala Subramaniam writes that across the corporate world, business leaders are racing to incorporate generative AI into their workflows in the name of efficiency as the technology morphs into an operational necessity. Canada's banks are the latest to join the trend. E-commerce platform Shopify recently mandated that managers wanting to hire must demonstrate why they need an extra person for the task and why using AI is not sufficient. In an April, 2025, memo, Shopify chief executive officer Tobi Lütke said it is not feasible to "opt out" of learning the skill. Job cuts due to AI have already begun and will continue. Amazon CEO Andy Jassy said last June that generative AI will mean fewer people doing some jobs and a reduction in the total corporate work force head count over the next few years. Last fall, Salesforce slashed 5,000 customer support positions, with its CEO Marc Benioff saying that he needed "less heads" because AI agents handled a large share of interactions.

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