Trudeau Announces C$2.4 Billion Investment in AI Sector and Safety Initiatives
Canadian Prime Minister Justin Trudeau announced a C$2.4 billion investment to enhance the country’s AI sector
In an announcement made in Montreal as part of a pre-budget tour, Canadian Prime Minister Justin Trudeau unveiled a C$2.4 billion investment aimed at bolstering the country’s artificial intelligence (AI) sector. This initiative includes a substantial C$2 billion fund designed to enhance computing capabilities and technical infrastructure access.
Additionally, C$200 million will be allocated towards encouraging AI adoption in agriculture, health care, and clean technology sectors. The government is also set to launch a C$50-million AI safety institute to guard against advanced AI threats and allocate C$5.1 million for the office of the AI and Data Commissioner, reinforcing the proposed Artificial Intelligence and Data Act, Bill C-27.
This legislation, currently under committee review since September 2023, seeks to update privacy laws and impose new obligations for high-impact AI systems. This strategic investment underscores Canada’s commitment to leading in AI development and safety, highlighting a proactive approach to harnessing AI’s potential benefits while mitigating its risks.
About author
DW Team
The GIP Digital Watch Observatory team, consisting of over 30 digital policy experts from around the world, excels in the fields of research and analysis on digital policy issues. The team is backed by the creative prowess of Creative Lab Diplo and the technical expertise of the Diplo tech team.
