Canada invests $6.8 million in AI projects in Alberta
Edmonton (LabNews Media LLC) – The Canadian federal government is funding five projects in Alberta with a total of $6.8 million through the Regional Artificial Intelligence Initiative (RAII). The funds are intended to strengthen innovation, productivity, and the commercialization of artificial intelligence. The announcement was made on May 19, 2026, by the Minister of Emergency Management and Rural Economic Development and Minister responsible for Prairies Economic Development Canada (PrairiesCan), Eleanor Olszewski. The investments aim to secure more than 70 jobs and enhance the competitiveness of Alberta and Canada as a whole in the global AI landscape. The RAII is part of the federal government's $2.4 billion strategy announced in Budget 2024 to expand Canada's advantage in artificial intelligence. PrairiesCan received $33.8 million over five years for this purpose. The program supports both repayable and non-repayable contributions to help businesses and organizations bring new technologies to market and adopt…




