The Canadian federal government announced on October 13, 2026 an additional $500 million for the Regional Artificial Intelligence Initiative (RAII), bringing total funding to $700 million over five years. The program targets small and medium-sized businesses and focuses on five priority sectors: health, energy, transportation, agriculture, and manufacturing. Since its launch in 2024, RAII has supported 218 projects, created or maintained over 1,100 jobs, and generated leverage of $1.77 in additional funding for every dollar invested. Ottawa frames this initiative within its national “AI for All” strategy and artificial intelligence sovereignty policy.
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