• Atlantic Canadian businesses can now apply for nearly $40M in AI funding

  Source: Prince Edward Island - Regional News
  Date: 2026-10-14 18:00:00.0
  Tags: [Prince Edward Island, Nova Scotia, New Brunswick, Newfoundland and Labrador, National, Technology, Economy, Industry, Finance]

  The Atlantic Canada Opportunities Agency has launched a federal funding program offering nearly $40 million for small and medium-sized businesses pursuing large-scale artificial intelligence projects costing at least $1 million. The funding supports two primary tracks: adopting AI into internal business operations, such as proposal development tools utilized by Cabco Technologies, or developing new AI solutions to bring to market. Applications for the program remain open until November 20. The initiative aims to address a regional adoption gap highlighted by the Atlantic Economic Panel, which reported that approximately 15 per cent of Atlantic Canadian businesses with 10 or more employees use AI, compared to 20 per cent nationally.

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• Ontario Protecting Workers by Investing in the Jobs of the Future

  Source: Ontario - Ministry of Economic Development, Job Creation and Trade
  Date: 2026-09-25 15:00:00.0
  Tags: [Ontario, Economy, Technology, Industry, Labour, Finance]

  The Government of Ontario is investing $30 million in the Vector Institute through the revamped Critical Technologies Initiative (CTI) program to advance artificial intelligence (AI) adoption across provincial industries and support the STEM workforce. The CTI program, which received an additional $107 million in Budget 2026, has committed a total of $214 million since 2023 to help retain and create over 65,000 jobs and train more than 14,000 highly skilled workers. The Vector Institute, based in Toronto, currently supports over 1,400 researchers, 41 CIFAR AI Chairs, and 119 post-doctoral fellows, aiming to bridge the gap between academic discovery and enterprise deployment.

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