
Deloitte Canada Expands its Suite of GenAI and Agentic AI Capabilities in Omnia, Advancing the Audit Experience Français
TORONTO, July 30, 2025 /CNW/ -Deloitte Canada has announced a series of new artificial intelligence (AI) capabilities within Omnia, Deloitte's global cloud-based Audit & Assurance platform, designed to evolve the audit and assurance experience, advancing Deloitte's effort to drive innovation with enhanced technology. As the external landscape and client businesses transform, these capabilities represent an evolution of the audit process, addressing increasing complexity with agile, integrated solutions.
"AI is reshaping the future of the audit profession, driving meaningful advancements that strengthen innovation and trust," said Susan Bennett, Managing Partner, Audit & Assurance, Deloitte Canada. "With these new AI capabilities within Omnia, our people are equipped with cutting-edge tools to meet the complex and rapidly changing needs of Canadian clients and communities, ensuring we continue to deliver exceptional quality and value in a dynamic landscape."
Advancing audit processes with GenAI
Building upon Deloitte's award-winning Omnia platform, this suite of new capabilities reimagines key processes using Generative AI (GenAI):
Enhanced documentation review: GenAI capabilities can perform initial reviews of audit documentation and suggest enhancements for clarity and consistency.
Improved navigation of financial statements: can explore relevant information in uploaded draft financial statements and ask nuanced questions about statement content, streamlining tie-out procedures.
Streamlined data extraction processes: GenAI's ability to summarize information across documents enables auditors to unlock richer insights and reach conclusions more efficiently.
Advanced drafting capabilities: A GenAI-powered workflow can create first drafts of audit-related communications and accounting memos.
Improved research capabilities: New capabilities within Deloitte's audit and accounting research platform help deliver timely responses to auditor research questions and synthesize challenging accounting topics, helping them uncover new insights.
Proactive risk management: Deloitte is developing risk identification technology designed to evaluate external information sources for risk events and identify potential audit risk factors.
"Leveraging technology that complements and amplifies the professional judgment of our auditors is essential to shaping the future of the profession," said Gianmarco Lombardi, Audit & Assurance and Digital Change Leader, Deloitte Canada. "Through more than a decade of strategic investment in our Omnia platform, we are enabling our people to lead the audit industry with confidence and deliver exceptional results on every engagement."
The next frontier: Empowering auditors with AI agents
As the next step in the evolution of Omnia technology, Deloitte is integrating intelligent agent capabilities into the Omnia ecosystem. AI agents function as digital specialists capable of performing specific tasks, remembering relevant information, and coordinating with other agents as an interconnected system.
These AI capabilities were all developed in alignment with Deloitte's Trustworthy AI™ framework, which embeds governance, controls, and compliance throughout the AI lifecycle, driving Deloitte's quality imperative and improving user confidence and trust.
Technology innovation and ongoing AI commitment
Since its launch in 2015, Omnia has evolved to embrace new technology, with the goal of delivering a high quality, tailored audit experience adapted to meet the challenges of our clients. Last year, Deloitte was recognized with the inaugural 'AI Innovation Initiative of the Year' award at the International Accounting Forum and Awards for its enhanced Omnia GenAI capabilities.
Deloitte remains committed to infusing GenAI across the organization to empower its professionals and augment their skills. Deloitte has rolled out purpose-specific large language models and chatbots that can be leveraged by Deloitte's nearly 85,000 audit and assurance practitioners globally. Deloitte's audit professionals also leverage the organization's employee-wide GenAI chatbot, running over three million AI prompts in the first year of use.
Deloitte also continues to broaden its external AI technology offerings, most recently launching the Global Agentic Network. This network offers a suite of ready-to-deploy AI agents that enable Deloitte practitioners to advise clients on deployment at scale.
For more information about Omnia, please visit our webpage.
About Deloitte Canada
At Deloitte, our Purpose is to make an impact that matters. We exist to inspire and help our people, organizations, communities, and countries to thrive by building a better future. Our work underpins a prosperous society where people can find meaning and opportunity. It builds consumer and business confidence, empowers organizations to find imaginative ways of deploying capital, enables fair, trusted, and functioning social and economic institutions, and allows our friends, families, and communities to enjoy the quality of life that comes with a sustainable future. And as the largest Canadian-owned and operated professional services firm in our country, we are proud to work alongside our clients to make a positive impact for all Canadians.
Deloitte provides industry-leading consulting, tax and legal, financial advisory, audit and assurance, and risk advisory services to nearly 90% of the Fortune Global 500® and thousands of private companies. We bring together world-class capabilities, insights, and services to address clients' most complex business challenges.
Deloitte LLP, an Ontario limited liability partnership, is the Canadian member firm of Deloitte Touche Tohmatsu Limited. Deloitte refers to one or more of Deloitte Touche Tohmatsu Limited, a UK private company limited by guarantee, and its network of member firms, each of which is a legally separate and independent entity. Please see www.deloitte.com/about for a detailed description of the legal structure of Deloitte Touche Tohmatsu Limited and its member firms.
© Deloitte LLP and affiliated entities.
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Enjoy insights and behind-the-scenes analysis from our award-winning journalists. Support local journalists and the next generation of journalists. Daily puzzles including the New York Times Crossword. SUBSCRIBE TO UNLOCK MORE ARTICLES Subscribe now to read the latest news in your city and across Canada. Unlimited online access to articles from across Canada with one account. Get exclusive access to the Toronto Sun ePaper, an electronic replica of the print edition that you can share, download and comment on. Enjoy insights and behind-the-scenes analysis from our award-winning journalists. Support local journalists and the next generation of journalists. Daily puzzles including the New York Times Crossword. REGISTER / SIGN IN TO UNLOCK MORE ARTICLES Create an account or sign in to continue with your reading experience. Access articles from across Canada with one account. Share your thoughts and join the conversation in the comments. Enjoy additional articles per month. Get email updates from your favourite authors. THIS ARTICLE IS FREE TO READ REGISTER TO UNLOCK. Create an account or sign in to continue with your reading experience. Access articles from across Canada with one account Share your thoughts and join the conversation in the comments Enjoy additional articles per month Get email updates from your favourite authors Don't have an account? Create Account While technically true, this statistic masks the much more complicated — and far less reassuring —reality for Canada's agri-food sector. A prominent December 2024 study from the University of Sherbrooke concluded that 93% of Canadian exports to the U.S. are tariff-exempt. On paper, that number may seem comforting. But it tells only part of the story — especially when it comes to food. Tariff exemptions are not automatic. To qualify for duty-free access under CUSMA, Canadian agri-food products must meet strict rules of origin and complex documentation standards. For many small and mid-sized food processors, these bureaucratic hurdles are burdensome and costly. Products with mixed or processed ingredients — such as snack bars, frozen meals, or nut butters —often fall into grey zones that create uncertainty at the border. Your noon-hour look at what's happening in Toronto and beyond. By signing up you consent to receive the above newsletter from Postmedia Network Inc. Please try again This advertisement has not loaded yet, but your article continues below. The result? Products deemed 'exempt' in theory may still be delayed, penalized, or rejected in practice. Recommended video Most analyses, including the Sherbrooke study, fail to account for this nuance. As a result, the 93% figure is not only misleading — it's largely irrelevant for food companies navigating real-world trade. Worse still, these studies often overlook the geopolitical dynamics shaping food trade. 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There is no country in the world currently protected by trade agreements in any meaningful way. If you provoke Washington, tariffs — or their threat — will follow. Since Trump's return, no countries have drawn more retaliatory attention than China and Canada. Both have responded with countermeasures, unlike Japan, South Korea, the U.K., or the European Union — all of which have successfully negotiated more stable trade terms and now face significantly lower tariff exposure than Canada. This advertisement has not loaded yet, but your article continues below. Since Mark Carney became Prime Minister in March, Canada has faced more tariffs from the U.S., not fewer. His strategy — if it can be called that — appears to be waiting for the U.S. economy to falter under the weight of its own tariffs. But that's a dangerous gamble. The American economy, for all its recent job market volatility, remains remarkably resilient. Betting against it has never been a winning strategy — just ask Warren Buffett. Some Canadians might believe that reduced access to U.S. markets will lead to food surpluses here at home, pushing prices down. That's a fundamental misunderstanding of how food economics work. Canadian food exporters rely on scale. Export markets allow companies to spread fixed costs and keep domestic prices affordable. If demand from U.S. buyers dries up, Canadian processors will have no choice but to raise prices domestically to stay afloat. The result? Higher—not lower—food prices for Canadian consumers. In short, the 93% tariff exemption statistic may provide political cover or academic reassurance, but it is a mirage. 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