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Policy & Regulation
Feds make good on AI Strategy pledge with $500-million top-up for regional AI initiative
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Summary
The federal government has added $500 million over five years to the Regional Artificial Intelligence Initiative, fulfilling a funding pledge under Canada’s National AI Strategy. Delivered through seven regional development agencies, the program supports businesses and organizations adopting AI, as well as Canadian AI companies bringing products to market. The expanded initiative is intended to support areas including health, energy, agriculture, manufacturing and transportation.