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Globe says Meta, rivals hear Canada lags on AI R&D

2025-11-18 07:25 ET - In the News

See In the News (C-META) Meta CDR (CAD Hedged)

The Globe and Mail reports in its Tuesday edition that in October, University of Montreal computer scientist Yoshua Bengio reached an extraordinary milestone. The Globe's Simon Semeniuk writes that Google Scholar says he is the first living person to be cited in research literature more than one million times. Dr. Bengio was born in France and raised and educated in Montreal. A pivotal figure in the discoveries that underpin the artificial intelligence revolution, he can rightly be called an example of Canadian science at its best -- a homegrown genius whose impact is global and, now, record-setting. But in the world of science and technology, having an all-star player does not guarantee a profitable team. A list of the world's top 50 AI companies compiled by Forbes includes only one Canadian entry. Canadian businesses have been slower than others to adopt the technology. AI is not the only field where Canadian expertise has not correlated with economic benefits. Based on a new report, anyone looking for signs of an innovation-fuelled renaissance to address the challenges Canada faces has reason to worry. A report from the Council of Canadian Academies found that investment in Canadian R&D is historically weak.

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