Artificial intelligence is creating new opportunities for Canadian businesses to increase productivity, strengthen competitiveness and reach new markets.
Today, the Honourable Rechie Valdez, Minister of Women and Gender Equality and Secretary of State (Small Business and Tourism), announced an investment of $557,500, through the Federal Economic Development Agency for Southern Ontario, in Tulong Technologies Inc., a Toronto-based company that uses artificial intelligence to help businesses better understand and engage diverse audiences. The announcement was made on behalf of the Honourable Evan Solomon, Minister of Artificial Intelligence and Digital Innovation and Minister responsible for the Federal Economic Development Agency for Southern Ontario.
This investment, under the Regional Artificial Intelligence Initiative, will enable Tulong to enhance its AI-powered marketing platform, helping businesses deliver more relevant content across multicultural markets and expand sales throughout North America.
Investments under this initiative support Canada's growing AI sector while helping small and medium-sized businesses access innovative tools that improve productivity, strengthen competitiveness and open new market opportunities.
Canada's new national AI strategy, AI for All, is helping ensure the benefits of AI are shared across the economy and across communities. Through a $500 million investment to expand and enhance the Regional Artificial Intelligence Initiative, AI for All is supporting Canadian companies that are developing practical AI solutions, creating jobs and driving economic growth.
By investing in Canada's AI innovators and businesses, the federal government is helping build a stronger economy and ensuring greater control over our digital future.
