Hon. Katherine Hay: Thank you, senator. I will look forward to those funds being in the community-based organizations.

AI is advancing rapidly, and Canada is lagging. Budget 2024 committed $2 billion to the Canadian Sovereign AI Compute Strategy, followed by another $1 billion in Budget 2025. Can you provide an update on the 2024 funds that have been used? How will the remaining balance of that fund work with the new tranche of funding that was just announced?

Hon. Pierre Moreau (Government Representative in the Senate): I will try to answer that to the best of my knowledge. Innovation and scientific discovery are the foundation of long-term economic growth. This is why the government is investing $4.2 billion in annual support for the Scientific Research and Experimental Development tax incentive program.

The budget will enable Canada to build the necessary AI compute infrastructure, including the development of sovereign Canadian clouds; it’s $925 million. The Minister of Artificial Intelligence and Digital Innovation —

The Hon. the Speaker pro tempore: Thank you, Senator Moreau.

Senator Moreau: I’ll give you the information.