The Bank Of Nova Scotia (BNS, BNS. TO), a Canadian lender, said on Thursday that it will invest $2.5 million over five years in a renewed arrangement with the Smith School of Business at Queen's University to help build AI-ready workforce through applied research and experiential learning.
The investment made through ScotiaRISE, Scotiabank's 10-year $500-million community investment initiative, will support the Scotiabank Centre for Analytics & AI at Queen's Smith School of Business.
Founded in 2016, the Scotiabank Centre for Analytics & AI brings together faculty, graduate students, and industry experts to collaborate on research and prepare students for careers building with the deployment of enterprise AI.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.