Tag: Costs
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Nova Scotia Restaurants Face Rising Costs and Slowdown
Rising Costs and Slower Demand Challenge Nova Scotia’s Dining Scene In the early days of a new year, restaurateurs across Nova Scotia find themselves navigating a tougher business climate. A high-profile case in Bedford illustrates a broader trend: rising food and operating costs colliding with a slowdown in customers, squeezing small- and mid-sized eateries that…
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Impact of AI on Credit Risk Assessment and Costs
Introduction to AI in Credit Risk Assessment The integration of artificial intelligence (AI) in credit risk assessment is transforming the financial landscape. This technology offers enhanced data analysis and patterns recognition, potentially leading to more accurate evaluations. However, recent regulations indicate that utilizing AI for credit assessments may be classified as high risk, raising questions…

