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Tech🇨🇦2 sources· Jun 5

Canada rolls out C$2 billion AI plan to build data centers, supercomputer

Why it matters: Ottawa wants to curb reliance on foreign providers, keep AI talent in Canada and back local firms with C$500 million.

Canada has released a national artificial intelligence strategy that commits more than C$2 billion over the next decade to expand AI use, boost computing capacity and strengthen domestic control over critical technology. The plan includes a publicly accessible supercomputer for researchers and businesses, support for large-scale AI data centers serving Canadian clients, and programs to improve AI literacy. Ottawa also set aside C$500 million for investments in Canadian AI companies, including potential equity stakes. Prime Minister Mark Carney cast the strategy as part of a push to protect Canadian sovereignty and reduce dependence on foreign infrastructure, while the government also pledged fellowships, research chairs and faster immigration pathways to retain and attract AI talent.

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Canada rolls out C$2 billion AI plan to build data centers, supercomputer — Veloxia Global News