Canada is an emerging leader in the global artificial intelligence industry. The AI industry promises to add $16.5 billion to Canada's GDP with increasing 16000 jobs by 2030.
Three primary research drivers in the AI ecosystem of Canada are the Alberta Machine Intelligence Institute (Amii), the Quebec Artificial Intelligence Institute (Mila) and the Vector Institute for Artificial Intelligence (Vector).
Both public policy and private investments see the growth potential of the artificial intelligence industry. A report released in 2021 shows that $1 billion the Canadian government had been contributed to the industry in which Quebec, British Columbia and Ontario are the three provinces awarded the most grants. Meanwhile, the federal level are implementing policies to support the AI industry such as the The Pan-Canadian AI Strategy partnered with Facebook and the RBC Foundation ,to attract and enhance the number of AI research talent. The Public Services and Procurement Canada and Treasury Board of Canada Secretariat are making a list of pre-qualified AI suppliers for the AI use in the government. Overall, the government of Canada holds a supportive and open-minded attitudes toward AI use across the country.
Funding and investment into the AI industry of Canada has reached 658 US dollars in 2019. The AI-empowered business in Canada has been growing significantly and volume of venture capital into these companies has been increasing for the past five years (2017-2021).