Canada's AI Challenge: Striking the Right Balance

Canadian tech companies want responsible AI regulation

Canada aims to lead the $2 trillion AI sector by 2030.

Balancing speed and durability in AI regulation is crucial.

Generative AI systems raise hopes and concerns.

Canada's proposed Bill C-27 aims to mitigate AI harm.

Expedited regulation is preferred to avoid uncertainty.

Rules should be clear, allowing space for innovation.

Tiered regulation based on AI applications may be considered.

Canada seeks a governance model in line with global norms.