The Globe and Mail reports in its Tuesday edition that fears artificial intelligence will eat into corporate profits have hit another corner of the Toronto Stock Exchange, with shares of Canada's leading engineering companies sinking despite solid financial results. The Globe's Tim Kiladze writes that over the past two weeks, Montreal-based WSP Global and Edmonton's Stantec both reported organic revenue growth of 3 to 5 per cent, meaning their existing businesses are expanding without the help of new acquisitions, yet investors continue to sell the shares over concerns that AI will eventually take a good chunk of their work. The fear is that AI will be able to cheaply, and easily, perform tasks that consultants currently charge hefty fees for. That fear started spreading about six months ago. Since then, Stantec's shares are down 23.7 per cent, while WSP's are down 23.1 per cent. Over the same period, the S&P/TSX composite is up 12.5 per cent. It isn't a Canada-only problem. In the United States, rival engineering and infrastructure consulting firms such as Jacobs Solutions, Aecom and Tetra Tech have all suffered, and the sell-off became pronounced in May. The question now is whether anything can turn the tide.