2026-05-14 11:18 UTC
This year, the City of Montreal allocated $835 million to build AI-ready data centres, as well as $96 million being invested in AI innovation. Mila, an AI research centre run by the Université de Montréal and McGill University, is receiving a $250 million increase in funding for its development. Numerous other, smaller investments have also been announced.
1/2
https://tinyurl.com/Videogame-tax-incentives
Replies (1)
-
@chantaryu2@pataterie.ca 2026-05-14 11:19
AI companies are still years away from making a profit, if they ever do. The government is dumping billions into an industry without a guaranteed return and creating few jobs through the data centres being built. In fact, it’s more likely they are leaving Canadian workers vulnerable by financing the industry without putting in place appropriate safeguards to protect workers’ rights. 2/2