Canada Boosts Semiconductor Sector with IBM, C2MI

Innovation, Science and Economic Development Canada

Bromont, Quebec

Today, Carlos Leitão, Parliamentary Secretary to the Minister of Industry and Member of Parliament for Marc-Aurèle-Fortin on behalf of the Honourable Mélanie Joly, Minister of Industry and Minister responsible for Canada Economic Development for Quebec Regions, announced a new federal investment through the Strategic Response Fund of up to $210 million toward a $662 million project to expand semiconductor packaging and commercialization capabilities at IBM Canada's Bromont facility and the MiQro Innovation Collaborative Centre (C2MI), one of Canada's leading microelectronics research and innovation centres.

Canada must be its own best customer and cannot rely on importing technologies developed and produced elsewhere. This investment will bring new advanced packaging and R&D capabilities for next-generation semiconductors to Canada, while also helping Canadian companies accelerate commercialization of their products and supporting supply chain resiliency here at home. For its part, IBM will be able to develop and assemble more complex semiconductor packaging for the latest generation of transistors, which is essential to meeting the increasing demands for performance, efficiency and miniaturization in modern electronic devices.

Canada is investing to strengthen domestic production of semiconductors, including AI and high-performance computing components that will drive the competitiveness and resilience of Canada's AI ecosystem. The project will create significant growth in the province of Quebec, building on earlier phases to create 75 new highly skilled jobs and maintain more than a thousand jobs in the Bromont region.

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