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H&R Block warns Canadians against using public AI tools like ChatGPT for tax filing due to accuracy and security risks.

Market News
14 Apr 2026
H&R Block Canada
View Source
Bearish
pluang ai news

A recent H&R Block Canada survey reveals that while Canadians are open to using AI in various aspects of life, public AI tools such as ChatGPT pose significant risks for tax filing. These tools often provide outdated or inaccurate tax advice because they cannot keep up with constantly changing tax laws and individual financial situations. Moreover, entering sensitive financial data into open AI platforms raises serious security concerns. Despite these risks, some Canadians still use or are willing to use these tools for convenience, highlighting a need for greater awareness and caution.

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