What’s in #Budget2024 for Canadian tech?

All eyes in Canadian tech are on AI, open banking, and follow-through on past promises. Today, the Government of Canada publishes its 2024 budget. Analysts do not expect #Budget2024 to be heavy on new spending commitments, with interest rates remaining steady and significant spending having already been announced in recent weeks for housing. Housing commitments and last week’s announcement of $2.4 billion to AI startups, compute, and safety, together already clock in at over $25 billion. Instead, the Canadian tech community will be looking for meaningful updates on past commitments, such as open banking and the Artificial Intelligence and Data Act (AIDA), which is part of Bill C-27 (see o

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Last updated : 16 April 2024 clock 10:40 PM

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