Canada Adds $500 Million CAD to AI Adoption Funding

The federal government is adding $500 million CAD to help Canadian businesses adopt artificial intelligence, bringing total program funding to $700 million CAD. The money will be distributed over five years.

• Additional funding totals $500 million CAD
• Total program funding now $700 million CAD
• Funds to be distributed over five years
• Announcement made on October 13