May 21, 2019 12:21 pm
Updated: May 21, 2019 12:42 pm

Ontario government cuts $24 million in funding to two artificial intelligence research institutes

File photo of Doug Ford.

Nathan Denette / The Canadian Press
A A

TORONTO – Ontario has cut funding for artificial intelligence research, eliminating $24 million to two institutes.

The Vector Institute for Artificial Intelligence was due to receive $30 million under an agreement with the previous government, but got $10 million last year from the current government.

Story continues below

No further money is budgeted in the government’s expenditure estimates for this year for the Vector Institute, but a spokeswoman says that doesn’t mean there won’t be any future funding.

READ MORE: Municipalities grapple with hundreds of millions in Ontario government funding cuts

There will also be $4 million less flowing to the Canadian Institute for Advanced Research.

The Progressive Conservatives are trying to eliminate an $11.7-billion deficit, and a spokeswoman for the economic development minister says Ontario needs to get its fiscal house in order.

Sarah Letersky says the government has a great working relationship with both institutes and looks forward to continuing to make Ontario a top destination for AI commercialization.

When the Vector Institute was launched in 2017, the Liberal government at the time said the province’s investment would help encourage research and development and create jobs.

Premier Doug Ford is set to speak this afternoon to the Collision technology conference in Toronto.

© 2019 The Canadian Press

Report an error

Comments

Want to discuss? Please read our Commenting Policy first.