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Federal government expands AI program with $500M boost

Summary by CTV News
The federal government says it is making an additional $500 million available over five years to help Canadian businesses adopt artificial intelligence technologies and bring Canadian-developed AI products to market.

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Canada announced an additional $500 million for its Regional Artificial Intelligence Initiative, which now totals 700 million and seeks to support technology adoption in SMEs and the growth of developed products in the country.

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Canadian Manufacturing broke the news on Tuesday, October 13, 2026.
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