As everyone knows, startup tech firms cannot possibly go broke, right?
Prime Minister Mark Carney’s government released a plan on Thursday to promote AI adoption across sectors and government,….The plan earmarks billions of dollars to increase adoption, commercialization and sovereign computing capacity, including a C$500 million ($360 million) Canadian Tech Growth Fund to provide “flexible growth capital and investment support” for startups.
Typical Government,just as the fad flames out,the bureaucrats rush in to spend our money.
Arrogant Incompetence we have no shortage of.
Artificial Intelligence?
Not from any government site.
How many Libranos will be getting rich quick?
Everything the Liberals have their hands in turns to soft shit.
I call it the anti-Midas touch.
Posted it a few times, Brookfield has (yet another) an MOU with TransAlta to build large hyperscaler datacentres in Alberta. Carnage is looking to fill them. The CPP is also invested, so anyone hesitant about potentially losing the CPP- this is where they’re putting your pension money. You aren’t going to HAVE CPP by the time you get to retirement the way this is going. But keep arguing against a provincial plan or outright secession.
I’m pretty sure the smartest thing a government can do is encourage R&D spending while staying the fck out of the way.
Carney’s a megalomaniac.
He is actually a classic fascist.
“Carney draws inspiration from, among others, Marx, Engels and Lenin, but the agenda he promotes differs from Marxism in two key respects. First, the private sector is not to be expropriated but made a “partner” in reshaping the economy and society. Second, it does not make a promise to make the lives of ordinary people better, but worse. Carney’s Brave New World will be one of severely constrained choice, less flying, less meat, more inconvenience and more poverty: “Assets will be stranded, used gasoline powered cars will be unsaleable, inefficient properties will be unrentable,” he promises. Peter Foster – National Post
Private sector investors often consider the presence of government money given to a business as an indicator of iffy prospects and typically make disadvantage investment deals. The possible taint of money laundering and theft hangs like a cloud.
In a related story … the DOW surged nearly 900 points to yet ANOTHER all time high today. That makes 72 new all time highs in market indexes since Trump took office. America is BACK, baby!! Great Again! Thank you President Trump! You have made me SO MUCH money since the prefabricated market convulsion over your tariffs. The MOTHER of all buying opportunities… that was SO obvious that even I … dumbass investor ME … saw the golden opportunity just dropped in my lap.
Imagine that … a contrived leftist Trump-hate TDS market convulsion has made me $$Rich$$!! Perhaps I should be thanking the vast TDS-infected population for my success. Thanks TDS’ers!
https://markets.businessinsider.com/index/dow_jones?op=1
The magic market barrier of 50,000 is a distant memory of an unattainable threshold.
The man’s a idiot. AI IS BS.
It’s the same as with EVs.
AI is a technology NOT ready for prime time being adopted, by Fiat, as a bedrock pillar of the economy.
Just like any senior bureaucrat handles a problem.
Create a new government agency that has as its objective grow its headcount and budget.
In a related story … Trump just reclassified the status of 8,000 senior federal jobs to … “at will”
https://www.whitehouse.gov/fact-sheets/2026/06/fact-sheet-president-donald-j-trump-increases-accountability-in-the-federal-workforce/
Finally making America able to FIRE dead wood … anti-Administration … hostile-bureaucrats … who believe THEY run the country.
That is what is badly needed in every level of government in Canada.
The Dead Belt.
As in New York, California, Illinois, New Jersey, Connecticut and Massachusetts, the genuinely intelligent, creative people are leaving Canada. There is no reason to stay and let the government steal not just your earnings, but also the products of your creative mind when plenty of free states in the US will reward you.