Canada reveals $360M strategy for quantum computing

News

The Government of Canada has unveiled its $360M plan to prepare for and profit from an anticipated quantum technology revolution. $141M of the funding will go toward basic and applied research; $45M will be used to develop, attract, and retain expertise in the sector; and $169M will be used to transform research into products and services and establish access to the global market. These three pillars – research, talent, and commercialization – will support the National Quantum Strategy as it seeks to establish Canada as a world leader in quantum computing hardware and software, enable Canadian government and industries to be developers and adopters of related technologies, and ensure the privacy and cybersecurity of Canadians in a quantum-enabled world.

Globe and Mail | Canada (Strategy)