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Globe says Meta, rivals hear Canada has AI promise

2025-04-07 07:11 ET - In the News

See In the News (C-META) Meta CDR (CAD Hedged)

The Globe and Mail reports in its Saturday, April 5, edition that somehow Canada managed to be a pioneer in artificial-intelligence research, including by Nobel Prize winner Geoffrey Hinton, and then fall behind in AI commercialization and adoption, which contributed to concerns about national productivity. The Globe's Adam Radwanski writes that this requires catching up by investing in AI infrastructure (Ottawa pledged $2-billion last year, which may not be enough) and offering capital-investment incentives and training programs. However, there are still opportunities to stay ahead internationally. Deloitte Canada managing partner for AI Jas Jaaj suggests that while the window to commercialize innovations in the base technology may be narrowing, Canada could still use targeted policy to take a lead in scaling usage in certain sectors. He listed health care, mining and forestry as examples where there is the chance to develop exportable solutions. Mr. Jaaj believes that as AI causes major disruptions, Canada has the opportunity to adopt AI responsibly. He states that focusing on equitable outcomes and sustainability "can be a magnet for people around the world."

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