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Canada’s AI strategy contains $2.3 billion in spending but few details on new privacy regulations

Delayed strategy promises plan to encourage Canadians to reinvest tech investment gains in AI startups.

However, critics say focus on trade and defence has left little attention for innovation.

Wyvern’s Kurtis Broda writes that the CSA needs to support moonshots from Canadian companies.

Government’s commitments to defence, financial services, VC, and more pass royal assent after months of debate.

The $1.4-billion plan was tabled on the heels of a digital fiasco at the provincial auto board.

In 2025, Canada woke up to the possibility of buying and building Canadian.

Regional Defence Investment Initiative will be deployed by Canada’s regional development agencies.

Government calls $340-million project “gold standard” while critics say it’s a “toxic” foreign subsidy.

Plus: Meet BetaKit’s new managing editor.

Shopify president and DavidsTea founder urge founders to buck relocation pressure and make Canada their launchpad.

Plus: Open banking details expected in #Budget2025.

The alignment on need for Canadian-controlled infrastructure has not yet been met with a plan to execute.

Major companies like TD and Sun Life back venture studio’s vision.

Plus: Canadian tech job listings plunge below pre-pandemic levels.

Source Canada backers include OMERS Ventures and RBCx.