Prime Minister Mark Carney’s government is proposing in the 2025 budget to follow through on a whopping investment to harness the power of artificial intelligence over the next five years.
Budget 2025 , tabled Tuesday afternoon by Finance Minister François-Philippe Champagne , provides $925.6 million to support “sovereign public AI infrastructure.”
The investment is intended to ensure Canada has the capacity to compete globally within a secure environment. ($800 million of the total amount will be sourced from funds put aside in the last federal budget.)
“This will help businesses seize the opportunities from AI, creating new jobs and economic growth,” states the budget document, by boosting AI computing availability and supporting access for public and private research.
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