Federal government boosts AI program with $500M funding expansion
Summary
The federal government announced a $500 million increase to its AI program, aimed at assisting Canadian businesses in adopting artificial intelligence technologies and bringing locally developed AI products to market. This decision, revealed by Artificial Intelligence and Digital Innovation Minister Evan Solomon in London, expands the Regional Artificial Intelligence Initiative's total funding to $700 million, part of the AI for All strategy initiated in June 2026. The initiative is designed to enhance AI adoption across various sectors where Canada excels, such as health and life sciences, energy, transportation, agriculture, manufacturing, and robotics, while also promoting the growth of domestic AI firms and supporting economic productivity.