Veytics Intelligence
2026-10-29 · Politico

Carney frames C$1.6B AI investment as national security imperative

MONTREAL — Prime Minister Mark Carney is positioning Ottawa’s C$1.6 billion investment in Canadian artificial intelligence company Cohere as a downpayment on his country’s national security. “We’re not waiting for the future of AI to be decided somewhere else by those we don’t know or … don’t trust,” Carney said Thursday in Montreal ahead of the start of the Canada-EU summit. Carney framed the upcoming congress, which includes meetings Friday with European Commission President Ursula von der Leyen and European Council President António Costa, as a shared endeavor to build a stronger transatlantic alliance in the face of global disruption.

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