Welcome back to Canada Daily, the newsletter on business, economics and politics from Vancouver to Montreal and beyond. If this was forwarded to you, sign up . Mark Carney loves a strategy. In one year as prime minister, he’s churned out a steady stream of them — on defense, autos, electricity and climate. Today, it was artificial intelligence’s turn . The document sets out big ambitions to boost ...
Welcome back to Canada Daily, the newsletter on business, economics and politics from Vancouver to Montreal and beyond. If this was forwarded to you, sign up . Mark Carney loves a strategy. In one year as prime minister, he’s churned out a steady stream of them — on defense, autos, electricity and climate. Today, it was artificial intelligence’s turn . The document sets out big ambitions to boost AI adoption at Canadian businesses to 60% by 2034, from just 12% in 2025, create up to 250,000 jobs by 2031, and lift GDP by 3%. It earmarks billions to drive adoption, commercialization and to build sovereign computing capacity, including a C$500 million ($360 million) fund for startups. “You think about being able to take what Canada does really well, which is research, and ensure there is a path to commercialization,” Taleeb Noormohamed, parliamentary secretary to the AI minister, said in a phone interview. He said it’s critical to “crowd in” private capital and to prevent repeats of the well-worn Canadian lament that its technological innovators leave for elsewhere — a.k.a. the US. The strategy “was all about finding balance,” he said, “between the US and China on one side, where there’s no regs, and Europe and other parts of the world, where regulation has started to stifle innovation.” On that note, it wouldn’t be a Carney strategy without a pitch to middle powers. Canada wants to pool research, talent and compute among like-minded democracies, as an alternative to hegemons. But Canadians aren’t universally sold on building sovereign compute, with early signs of protest against AI server farms in British Columbia and Manitoba . “We need to have these data centers,” Noormohamed responded, stressing they should be built responsibly. By way of example, he pointed to Telus developments in Vancouver that promise to use the heat they throw off to warm 150,000 homes. “If we’re going to have a sovereign AI, sovereign AI networks and sovereign AI systems in this country, we ha...