Canada advances quantum computing with a strategic $92 million public investment
Public funding will support Canada’s quantum firms developing next-generation computing technologies with applications in defence, energy and advanced manufacturing.
Canada has launched a major new quantum initiative aimed at strengthening domestic technological sovereignty and accelerating the development of industrial-scale quantum computing.
Announced in Toronto, Phase 1 of the Canadian Quantum Champions Program forms part of a wider $334.3 million investment under Budget 2025 to expand Canada’s quantum ecosystem.
The programme will provide up to $92 million in initial funding, with agreements signed with Anyon Systems, Nord Quantique, Photonic and Xanadu Quantum Technologies for up to $23 million each.
A funding that is designed to support the development of fault-tolerant quantum computers capable of solving real-world problems, while anchoring advanced research, talent, and production in Canada, rather than allowing strategic capabilities to migrate abroad.
The initiative also supports Canada’s forthcoming Defence Industrial Strategy, reflecting the growing role of quantum technologies in cryptography, materials science and threat analysis.
Technical progress will be assessed through a new Benchmarking Quantum Platform led by the National Research Council of Canada, with further programme phases to be announced as development milestones are reached.
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