AI funding announcement good news for tech sector, but also means legislation coming: BLG lawyer
Edona Vila says enforcement funding means Ottawa is likely to fast-track new law
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Edona Vila says enforcement funding means Ottawa is likely to fast-track new law
The federal government of Canada has agreed a financial package to boost the country's AI activity. It includes a new AI Compute Access Fund.
Canada’s 2024 federal budget includes provisions to invest in new computing infrastructure and safety research.
Tech experts are hopeful that more than two billion dollars in federal funding for Canada's artificial intelligence industry will accelerate the adoption of technology and help businesses commercialize AI products and services.
Canada's AI industry receives a $2.4 billion federal funding boost, signaling a push for innovation and adoption across sectors, with concerns over regulatory adequacy.