Funding & Business
Funding to help Saskatchewan businesses lead in AI
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Aug 11, 2025 | 4:54 PM
Canada is on the leading edge of research into artificial intelligence and achieving greater AI adoption is the next step.
Eleanor Olszewski, Minister of Emergency Management and Community Resilience and Minister responsible for Prairies Economic Development Canada (PrairiesCan) said helping small- and medium-sized enterprises leverage AI to innovate and boost their productivity is a key to Canada’s economic success in a rapidly changing environment.
“Across Saskatchewan, businesses are proving that Prairie innovation can solve big challenges,” Olszewski said. “By adopting advanced technologies like AI, they’re scaling up, creating high-quality jobs, and competing globally. These investments also position Canada for long-term success in key sectors like value-added agriculture, defence, critical minerals, and nuclear energy.”
Over $1.3 million will be distributed to three Saskatchewan businesses to accelerate AI adoption and the digital transition.
Orion Breweries Ltd. set its initial public offering price at the top of the range after its shareholders boosted the number of shares to sell.
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Anglo American Plc signed an agreement with Chile’s state copper company Codelco to jointly develop their adjacent mines near Santiago in a bid to boost production without major investments.
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President Donald Trump expects to announce economic deals totaling more than $10 billion during his trip to the United Kingdom, according to senior US officials. Some of the deals are expected to be rolled out at a business reception hosted by Chancellor of the Exchequer Rachel Reeves and featuring both Trump and British Prime Minister Keir Starmer. Bloomberg’s Rosalind Mathieson reports.
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