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MONDAY, MAY 19, 2025
Canada's Trudeau announces package of AI investment measures

Tech

Reuters
08 April, 2024, 03:55 pm
Last modified: 08 April, 2024, 06:16 pm

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Canada's Trudeau announces package of AI investment measures

Reuters
08 April, 2024, 03:55 pm
Last modified: 08 April, 2024, 06:16 pm
File photo of Canada Prime Minister Justin Trudeau: Reuters
File photo of Canada Prime Minister Justin Trudeau: Reuters

Canadian Prime Minster Justin Trudeau on Sunday said the upcoming budget will include a C$2.4 billion ($1.77 billion) package of measures that invest in the country's artificial intelligence (AI) sector, according to a news release.

The measures include a C$2 billion investment to build and provide access to computing capabilities and technological infrastructure for Canada's AI researchers, start-ups, and scale-ups, the news release said. Canada's budget is due to be tabled on April 16.

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Canadian Prime Minister Justin Trudeau / Justin Trudeau / AI / Invesment

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