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KPMG in Canada launches Agentic AI Engine dedicated to helping Canadian organizations leverage the power of AI agents

KPMG in Canada launches Agentic AI Engine dedicated to helping Canadian organizations leverage the power of AI agents

Firm accelerates its investments and capabilities in agentic AI to support Canadian organizations with made-in-Canada solutions
TORONTO and VANCOUVER, BC, May 1, 2025 /CNW/ - KPMG in Canada is bolstering its capabilities in artificial intelligence with significant investments in new agentic AI platforms, tools and solutions to empower organizations to leverage digital agents – AI systems that can operate independently, make decisions and perform tasks with minimal or no human intervention.
'Agentic AI has the potential to revolutionize the way Canadian businesses operate. This is the most powerful form of AI in human history to date, and we believe it can help Canadian organizations boost efficiency by up to 30 per cent over the next three years by empowering higher output from teams and individuals working alongside digital agents,' says Stephanie Terrill, Canadian Managing Partner of Digital and Transformation, KPMG in Canada.
'At a time when Canada faces a productivity crisis and a trade war, digital agents can change the way we work, unlock enormous efficiency gains and improve quality, so it's imperative for us to invest in Canadian organizations with made-in-Canada tools and solutions that will help them thrive – both at home and on the global stage,' she says.
Walter Pela, AI Client and Market Development Lead for KPMG in Canada says 'Almost nine in 10 business leaders across the country have told us they see agentic AI as key to staying competitive, cutting operational costs and boosting profitability. Our investment in agentic AI gives us the insight, skills and services to help home-grown organizations accelerate and achieve those goals and help future-proof themselves in a period of economic uncertainty.'
The investments build on KPMG in Canada's ongoing commitment to using AI to help Canadian organizations solve complex business challenges and increase productivity. A portion of the investment will go towards the establishment of KPMG's Agentic AI Engine.
Agentic AI Engine
KPMG in Canada's Agentic AI Engine powers the development of agentic AI solutions for Canadian organizations, engages in research and development, and enables the deployment of digital agents across KPMG platforms, services and solutions.
The Agentic AI Engine will facilitate collaboration with industry leaders, AI research institutes, and technology alliance innovators to share knowledge and insights on agentic AI advancements. The Engine will also help accelerate AI adoption among Canadian organizations and business leaders through workshops, demonstrations and collaborations, turning theoretical concepts into practical solutions.
The Agentic AI Engine has already spurred development of numerous AI agents for Canadian organizations, such as:
The Agentic AI Engine will also help advance new agentic AI applications across other technologies such as emergent industrial digital twin environments. KPMG in Canada is accelerating the development of these technologies through additional investments in talent and intellectual property.
Powering tax with agents
Working in concert with the Agentic AI Engine, KPMG in Canada's Ignition Tax will develop and deploy AI agents into KPMG's One Port, the firm's centralized, cloud-based hub for securely accessing and exchanging information, documents and client solutions related to tax compliance and advisory engagements.
Ignition Tax will also enable AI agents in KPMG International's Digital Gateway, a cloud-based platform where clients can access KPMG's AI agents as well as a full suite of tax and legal technologies from across the KPMG global network of member firms.
'Deploying AI agents through platforms like One Port and Digital Gateway will enhance the work of KPMG Tax and Law professionals with new digital workflows. These new workflows are underpinned by a human verification system, ensuring oversight by KPMG professionals,' says Lucy Iacovelli, Canadian Managing Partner for Tax and Legal, KPMG in Canada.
Enhancing audit quality with digital agents
To accelerate integration of AI, KPMG audit professionals in Canada have embedded digital agents into KPMG Clara, the firm's global smart audit platform and centralized portal for exchanging information and documentation related to audits.
'Digital agents embedded into Clara will deliver deeper audit insights and enable audit professionals to more effectively respond to risks. Clara's digital agents will also help standardize workflows, accelerate decision-making and harmonize processes to produce more consistent outcomes, which in turn, improves audit quality and enhances public trust,' says Sebastian Distefano, Canadian Managing Partner, Audit & Assurance, KPMG in Canada.
Executive training in agentic AI
The Skills Development Centre will feature new agentic AI training and upskilling modules for executives and business leaders to expand and update their knowledge of digital agents. The Skills Development Centre is a collaborative training initiative by KPMG in Canada and Microsoft Canada offering complimentary and custom-tailored programs designed to help businesses and governments understand the opportunities and challenges of AI.
To date, more than 53,000 Canadians have received professional training and upskilling in AI and cybersecurity through the Skills Development Centre.
Deploying agents with KPMG Kleo
KPMG in Canada's agentic AI investment also expands the firm's internal capabilities with enhancements to its systems, workflows and workforce. By bringing agentic AI functionality into Kleo, the firm's proprietary generative AI platform, the firm's professionals can develop their own AI agents to complete actions and tasks more efficiently – enabling more innovation, strategic execution and high-quality solutions for Canadian organizations.
'Our expertise in building AI agents for clients starts with our own journey within KPMG. By building, testing and deploying agentic AI innovations internally as 'Client Zero' first, we can deliver solutions to Canadian organizations that are grounded in experience, trust, security and quality,' says Ms. Terrill.
About KPMG in Canada
KPMG LLP, a limited liability partnership, is a full-service Audit, Tax and Advisory firm owned and operated by Canadians. For over 150 years, our professionals have provided consulting, accounting, auditing, and tax services to Canadians, inspiring confidence, empowering change, and driving innovation. Guided by our core values of Integrity, Excellence, Courage, Together, For Better, KPMG employs more than 10,000 people in over 40 locations across Canada, serving private- and public-sector clients. KPMG is consistently ranked one of Canada's top employers and one of the best places to work in the country.
The firm is established under the laws of Ontario and is a member of KPMG's global organization of independent member firms affiliated with KPMG International, a private English company limited by guarantee. Each KPMG firm is a legally distinct and separate entity and describes itself as such. For more information, see kpmg.com/ca
For media inquiries:
Roula Meditskos
National Communications and Media Relations
KPMG in Canada
416-549-7982
[email protected]
SOURCE KPMG LLP

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Amrize Debuts as Independent, Publicly Traded Company
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Amrize Debuts as Independent, Publicly Traded Company

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Words such as "anticipate(s)," "expect(s)," "intend(s)," "believe(s)," "plan(s)," "may," "will," "would," "could," "should," "seek(s)," and similar expressions, or the negative of these terms, are intended to identify such forward-looking statements. These statements are based on management's current expectations and beliefs and are subject to a number of risks and uncertainties that could lead to actual results differing materially from those forecasted or expected. Although we believe that the assumptions underlying the forward-looking statements are reasonable, we can give no assurance that our expectations will be attained, and Amrize assumes no (and disclaims any) obligation to revise or update such forward-looking statements to reflect future events or circumstances. We make no representations or warranties as to the accuracy of any statements or information contained in this media release. Important factors that could cause actual results to differ from those in our forward-looking statements include, without limitation: 1) the effect of political, economic and market conditions and geopolitical events, 2) the logistical and other challenges inherent in our operations, 3) the actions and initiatives of current and potential competitors, 4) the level and volatility of, interest rates and other market indices, 5) the outcome of pending litigation, 6) the impact of current, pending and future legislation and regulation, 7) factors related to the failure of Amrize to achieve some or all of the expected strategic benefits or opportunities expected from the separation, 8) that Amrize may incur material costs and expenses as a result of the separation, 9) that Amrize has no history operating as an independent, publicly traded company, 10) that Amrize's historical and pro forma financial information is not necessarily representative of the results that it would have achieved as a separate, publicly traded company and therefore may not be a reliable indicator of its future results, 11) Amrize's obligation to indemnify Holcim pursuant to the agreements entered into connection with the separation and the risk Holcim may not fulfill any obligations to indemnify Amrize under such agreements, 12) that under applicable tax law, Amrize may be liable for certain tax liabilities of Holcim following the separation if Holcim were to fail to pay such taxes, 13) the fact that Amrize may receive worse commercial terms from third-parties for services it presently receives from Holcim, 14) that after the separation, certain of Amrize's executive officers and directors may have actual or potential conflicts of interest because of their previous positions at Holcim, 15) potential difficulties in maintaining relationships with key personnel and 16) that Amrize will not be able to rely on the earnings, assets or cash flow of Holcim and Holcim will not provide funds to finance Amrize's working capital or other cash requirements. 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Segment Adjusted EBITDA is defined as Net income (loss), excluding unallocated corporate costs, Depreciation, depletion, accretion and amortization, Loss on impairments, Other non-operating income (expense), net, Interest expense, net, Income tax benefit (expense), Income from equity method investments, and certain other items, such as costs related to acquisitions, certain litigation costs, restructuring costs, charges associated with non-core sites and certain warranty charges related to a pre-acquisition manufacturing issue and transaction costs related to the spin-off. 2 Adjusted EBITDA Margin is defined as Adjusted EBITDA divided by revenues. 3 Free Cash Flow is defined net cash provided by (used in) operating activities plus proceeds from property and casualty insurance, proceeds from land expropriation and proceeds from disposals of long-lived assets less purchases of property, plant and equipment. 4 Adjusted EBITDA Cash Conversion Ratio is defined as Free Cash Flow divided by Adjusted EBITDA. 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Amrize Debuts as Independent, Publicly Traded Company
Amrize Debuts as Independent, Publicly Traded Company

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time2 hours ago

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Amrize Debuts as Independent, Publicly Traded Company

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Words such as "anticipate(s)," "expect(s)," "intend(s)," "believe(s)," "plan(s)," "may," "will," "would," "could," "should," "seek(s)," and similar expressions, or the negative of these terms, are intended to identify such forward-looking statements. These statements are based on management's current expectations and beliefs and are subject to a number of risks and uncertainties that could lead to actual results differing materially from those forecasted or expected. Although we believe that the assumptions underlying the forward-looking statements are reasonable, we can give no assurance that our expectations will be attained, and Amrize assumes no (and disclaims any) obligation to revise or update such forward-looking statements to reflect future events or circumstances. We make no representations or warranties as to the accuracy of any statements or information contained in this media release. 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Chipotle opening two Burlington restaurants, including one this coming week
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