Artificial intelligence (AI) stands as a transformative force in our economy, shaping the way we work and live. With Canada leading the charge in AI innovation, it’s crucial to ensure we capitalize on every opportunity for future success while ensuring inclusivity.
Prime Minister Trudeau has announced a $2.4 billion investment from Budget 2024 to fortify Canada’s AI advantage. These measures aim to accelerate job growth, boost productivity, and ensure responsible AI adoption.
A $2 billion investment to enhance computing capabilities and infrastructure, attracting global AI investment and fostering talent.
- $200 million to support AI startups and accelerate adoption in critical sectors.
- $100 million for small and medium-sized businesses to scale up AI solutions through the NRC IRAP AI Assist Program.
- $50 million for worker training in sectors affected by AI advancements.
- Establishment of a Canadian AI Safety Institute with $50 million to ensure safe AI development and deployment.
- Strengthening enforcement of the Artificial Intelligence and Data Act with $5.1 million for the Office of the AI and Data Commissioner.
These investments aim to secure Canada’s position as an AI leader, creating opportunities for every generation, boosting innovation, and driving economic growth.