02:56:49 EDT Tue 01 Jul 2025
Enter Symbol
or Name
USA
CA



Brookfield Asset Management Ltd
Symbol BAM
Shares Issued 1,637,317,605
Recent Sedar Documents

Globe says BAM sees Solomon named Minister of AI

2025-05-14 08:12 ET - In the News

The Globe and Mail reports in its Wednesday edition that former journalist Evan Solomon has been appointed Canada's first minister for artificial intelligence, a newly created role suggesting AI will be a priority for the Liberal government. The Globe's Joe Castaldo writes that Mr. Solomon, whose full title is Minister of AI and Digital Innovation, is a new member of Parliament representing the riding of Toronto Centre. He also assumes responsibility for the Federal Economic Development Agency for Southern Ontario. Mr. Solomon could face a host of challenges in his role, experts say, including how to increase AI adoption and commercialization, encourage the construction of Canadian-owned and operated data centres, and determining how to regulate AI. Governments around the world see AI as key to improving productivity and economic growth. Canada has played a huge role in AI development, but critics say the country has failed to capture the economic benefits. Last year, the feds announced a $2-billion program to help companies access AI computing power and encourage them to build data centres. Brookfield, where Prime Minister Mark Carney previously served as chair, is a big player in data centres internationally.

© 2025 Canjex Publishing Ltd. All rights reserved.