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Five takeaways from Canada's new AI strategy

Five takeaways from Canada's new AI strategy

Summary

Canada has announced a national plan to use artificial intelligence (AI) over the next ten years. The strategy focuses on increasing AI use in businesses and healthcare, keeping AI experts in Canada, and building secure AI infrastructure within the country.

Key Facts

  • Canada’s government plans to spend over C$2 billion to promote AI learning and adoption by businesses and government.
  • The strategy aims to protect Canada’s control over AI technology and data by reducing dependence on foreign companies.
  • A secure public supercomputer and large AI data centers will be created to support Canadian researchers and businesses.
  • Canada wants to stop the loss of AI experts to the US by funding research and offering fast permanent residency to skilled workers.
  • The government plans to invest C$500 million in Canadian AI companies and may take ownership stakes.
  • Only 12% of Canadian businesses currently use AI; the goal is to increase that to 60% by 2034.
  • C$200 million is dedicated to using AI to improve healthcare, including easing doctors’ administrative tasks and reducing emergency room wait times.
  • The strategy promises 250,000 new jobs from AI growth but does not estimate potential job losses due to AI.
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