Canada is considered an attractive destination for Artificial Intelligence (AI) investment by some of the world’s top business leaders because of its highly skilled talent base, strong AI-education offerings, and an immigration policy that attracts skilled mid- and senior-level AI talent for critical roles. ICTC's new study, Betting on Red and White: International Investment in Canadian AI, examines Canada’s opportunities for leveraging these strengths in Artificial Intelligence (AI) to attract high-quality foreign direct investment (FDI), supported by primary research.
Betting on Red and White: International Investment in Canadian AI assesses recent domestic and international AI developments and explores AI applications across sectors such as digital technology, agriculture, and life sciences. Key informant interviews with industry leaders from over eight countries and seven sector verticals provide insight on core business needs filled by AI and the country’s desirability as a destination for AI-based investment.
“There has never been a better time to unlock the full potential of AI applications across all industry verticals. Asserting Canada’s leadership in this space will reap strong economic gains at a time when this technology is seen as a critical enabler for advancing the course of industrialization around the world.” - Namir Anani, ICTC President & CEO
The study also explores the following:
- Canadian AI research and commercialization;
- Opportunities and barriers to continued AI expansion; and
- A SWOT (strengths, weaknesses, opportunities and threats) analysis of Canada’s AI-based FDI-attraction strategy.