Canada launches AI for All strategy with $2 billion funding

Prime Minister Mark Carney unveiled a new national artificial intelligence strategy on Thursday, positioning it as a plan to make Canada a global leader in the field while reducing reliance on foreign technology. The strategy, titled “AI for All,” commits billions in funding and outlines a comprehensive approach focused on economic growth, job creation, and building public trust.

Speaking at an event in Toronto, Carney framed the strategy as a response to a pivotal moment. “The question is not whether AI will transform our lives. It will,” he said. “The question is whether it will improve the lives of all Canadians or benefit only a few.” The government estimates the plan could generate $200 billion in economic growth and create 250,000 new AI-related jobs over the next five years.

A central pillar of the plan is accelerating the adoption of AI, particularly among small and medium-sized businesses, where current usage is low. The government aims to increase business adoption of AI to 60 percent by 2034, up from 12 percent today. New financial measures include a $500 million “LIFT” program through the Business Development Bank to help businesses finance AI tools, a $700 million...