👉In the federal budget released Tuesday, Ottawa pledged $50 million over four years to support workers potentially affected by artificial intelligence (AI). The investment aims to provide skills retraining for workers in sectors and communities at risk of disruption due to AI. While the budget also includes $2.3 billion to boost the AI industry in Canada, concerns about job displacement persist. According to a Finance Ministry briefing, around 40% of all working hours could be impacted by AI, with sectors like banking, insurance, and energy facing higher potential for automation. The program will initially focus on creative industries, with details about other affected sectors yet to be disclosed.✅ . 𝐑𝐞𝐚𝐥 𝐄𝐬𝐭𝐚𝐭𝐞 𝐋𝐚𝐰 𝐁𝐮𝐬𝐢𝐧𝐞𝐬𝐬 𝐋𝐚𝐰 𝐂𝐫𝐢𝐦𝐢𝐧𝐚𝐥 𝐋𝐚𝐰 𝐒𝐢𝐦𝐦𝐢 𝐂𝐡𝐚𝐜𝐤𝐨 𝐏𝐫𝐢𝐧𝐜𝐢𝐩𝐚𝐥 𝐋𝐚𝐰𝐲𝐞𝐫, 𝐂𝐡𝐚𝐜𝐤𝐨 𝐋𝐚𝐰 📲+𝟏 𝟒𝟏𝟔-𝟓𝟎𝟗-𝟗𝟓𝟎𝟖 📧𝐬𝐢𝐦𝐦𝐢@𝐜𝐡𝐚𝐜𝐤𝐨𝐥𝐚𝐰.𝐜𝐚 @chackolaw.ca . . #FederalBudget #AI #JobDisplacement #SkillsRetraining #Canada #CreativeIndustries #Automation #mnm #malayalisnearmeapp #canadaupdate #canadanews