Canada is on the leading edge of research into artificial intelligence. Achieving greater AI adoption is the next step. Helping small- and medium-sized enterprises leverage AI to innovate and boost their productivity is a key to Canada's economic success in a rapidly changing environment.
Today, the Honourable Eleanor Olszewski, Minister of Emergency Management and Community Resilience and Minister responsible for Prairies Economic Development Canada (PrairiesCan), announced over $1.3 million for three businesses in Saskatchewan. These strategic investments will help accelerate AI adoption and the digital transition of Canada's economy. By catalyzing AI, companies can improve products and services for Canadians while driving sustainable economic growth. Today's investments reflect this commitment and include:
- Enabling Ground Truth Agriculture to complete and commercialize a new grain grading system. They are receiving $586,900.
- Supporting Greenwave Innovations Inc. to enhance their energy monitoring platform for commercial and industrial buildings. They are receiving $425,000.
- Helping Offstreet Technology Inc. to enhance their cloud-based guest registration parking technology and grow their market in North America. They are receiving $300,000.
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