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Government of Canada creates Advisory Council on Artificial Intelligence

Published

6 years ago

May 15, 2019

Newsfile

Reading Time: 4 minutes

Artificial intelligence (AI) is a set of complex and powerful technologies that will touch or transform every sector and industry in Canada. It has the power to help us address some of our most challenging problems, from improving Canadians’ health to fighting climate change. It will also introduce new sources of job creation and sustainable economic growth. Canada has already started harnessing AI through the AI supercluster, based in Montréal.

Today, the Honourable Navdeep Bains, Minister of Innovation, Science and Economic Development, announced the launch of the Advisory Council on Artificial Intelligence. This is the next step in the Government of Canada’scomprehensive approach to supporting this important new sector. The Minister announced the creation of the Council while in Paris for the G7 meeting of Digital Ministers. The theme of this year’s meeting is “Building Digital Trust Together.” Participants will reflect on the parameters required to foster innovation while building trust in digital societies and economies.

The council will advise the Government of Canada on how best to build on Canada’s AI strengths, identify opportunities to create economic growth that benefits all Canadians and ensure that AI advancements reflect Canadian values. The Government is committed to promoting a human-centric approach to AI, grounded in human rights, transparency and openness. These values will ensure that we can increase trust and accountability in AI while protecting our democratic values, processes and institutions.

Specifically, the council will establish a working group on commercializing value from Canadian-owned AI and data analytics, building on the work started by the Digital Industries Economic Strategy Table. It will also provide advice on how best to advance the goals laid out in the Canada-France Statement on Artificial Intelligence and will support Canada’s participation in various international engagements such as the G7, the G20, the OECD and the World Economic Forum.

The advisory council will be co-chaired by Foteini Agrafioti, Chief Science Officer for the Royal Bank of Canada, and Yoshua Bengio, Scientific Director of the Montreal Institute for Learning Algorithms.

Members of the advisory council also include:

Pierre Boivin, President and CEO, Claridge
Natalie Cartwright, Co-Founder and Chief Operating Officer, Finn AI
Marc-Antoine Dilhac, Canada Research Chair in Public Ethics and Political Theory, Université de Montréal
Eli Fathi, Co-Founder and CEO, MindBridge Analytics Inc.
Geoffrey Hinton, Chief Scientific Advisor, Vector Institute for Artificial Intelligence
Ian Kerr, Canada Research Chair in Ethics, Law and Technology, University of Ottawa
Jordan Kyriakidis, Co-Founder and CEO, QRA Corp.
AJung Moon, Director, Open Roboethics Institute
Mona Nemer, Canada’s Chief Science Advisor
Teresa Scassa, Canada Research Chair in Information Law and Policy, University of Ottawa
Elissa Strome, Executive Director of the Pan-Canadian AI Strategy, Canadian Institute for Advanced Research
Richard Sutton, Chief Science Advisor, Alberta Machine Intelligence Institute
Geneviève Tanguay, Vice President of Emerging Technologies, National Research Council Canada

Quotes

“Artificial intelligence is more than just a new product or service. It has the potential to help us solve some of the most difficult challenges we face, create jobs and growth across all industries, and improve the lives of all Canadians. The advisory council will help us capitalize on Canada’s leadership in AI in ways that upholds Canadian values of inclusiveness and diversity so that all Canadians can participate in and benefit from the digital economy.”
– The Honourable Navdeep Bains, Minister of Innovation, Science and Economic Development

“Artificial intelligence has enormous potential to help us design the responsive digital services that Canadians demand, but it must be used ethically and responsibly. The Advisory Council on Artificial intelligence will give us essential expertise from across industry, academia and government to make sure we use AI in a way that is transparent, deliberate and accountable.”
– The Honourable Joyce Murray, President of the Treasury Board and Minister of Digital Government

Quick facts

Canada has a strong foundation in AI to build on, with strengths in science, skills and talent, and clusters, as well as a thriving start-up ecosystem. Canada is home to more than 800 AI companies, and the number of Canadian AI start-ups is growing by approximately 28% year over year.
Artificial intelligence is an important contributor to Canada’s economy. In 2018, $548 million in venture capital was invested in Canadian AI companies, an increase of approximately 50% from 2017. As well, Canadian job opportunities in the field of AI grew by nearly 500% between June 2015 and June 2017.
The government selected five superclusters that represent more than 450 businesses, 60 postsecondary institutions and 180 other participants. These superclusters are all planning to support projects that will promote the development or use of AI in their respective industries. The AI-Powered Supply Chains Supercluster (SCALE.AI) will be the supercluster with the biggest focus on AI, undertaking activities to develop next-generation AI-powered supply chain platforms and create over 16,000 jobs for Canadians.
The Pan-Canadian Artificial Intelligence Strategy supports AI research and talent attraction and retention in Canada, promotes collaboration between Canada’s main centres of AI expertise, and positions Canada as a leading destination for companies in this sector.
The Government of Canada’s support for the Advisory Council on Artificial Intelligence will be led by Innovation, Science and Economic Development Canada in collaboration with Global Affairs Canada, the Treasury Board of Canada Secretariat and the Privy Council Office, as well as other federal departments and partners.
On November 22, 2018, at the Digital 9 Summit in Israel, Canada and the other D9 member nations agreed on a shared approach to the responsible implementation and use of AI by governments.

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Fintech PR

Chery Targets 1 Million Sales in 2 Years with All-Terrain HIMLA Debut at Shanghai Auto Show

Published

9 minutes ago

April 24, 2025

CISION (PR Newswire)

chery-targets-1-million-sales-in-2-years-with-all-terrain-himla-debut-at-shanghai-auto-show

SHANGHAI, April 24, 2025 /PRNewswire/ — On April 23, the opening day of the Shanghai Auto Show, Chery unveiled its new global strategy under the theme “Navigating the Future,” announcing its ambition to achieve annual global sales of 1 million vehicles within two years. The brand also introduced its first-ever pickup series. To date, Chery has earned widespread recognition from nearly 3,000 dealers, prominent domestic and international media outlets, and brand users across 97 countries worldwide. Anchored in its core values of “Safe & Family-oriented,” Chery is committed to advancing hybrid technology equality and deepening localized operations, striving to become the trusted choice for family users worldwide. Through technological innovation and product lineup expansion, Chery aims to evolve into a “global technology leader.”

At the Shanghai Auto Show, Chery showcased its Chery Super Hybrid(CSH) vehicles: TIGGO7 CSH, TIGGO8 CSH, and flagship TIGGO9 CSH. The first phase of the “Endless Horizon Worry-Free Voyage” endurance challenge concluded successfully ahead of the event, with TIGGO9 CSH and ARRIZO8 CSH setting impressive records—achieving an ultra-long range of over 1,400 km and an ultra-low fuel consumption of just 4.2L per 100 km. To further reinforce its “Family-oriented” ethos, Chery will launch initiatives like “Mission Impossible” safety challenge and the “Boundless Living”, delivering exceptional mobility experiences for families across the world.

In 2024, Chery achieved global sales of 640,000 units, with TIGGO7 emerging as the top-selling A-class SUV. The brand also made a successful foray into the European market. Backed by a global R&D network—spanning 8 research centers, 10 production bases, and regional component hubs—Chery lives up to its “In somewhere, For somewhere” philosophy, tailoring solutions to local markets and solidifying its globalization strategy.

Expanding into new segments, Chery introduced its all-new pickup truck line, HIMLA, at the Shanghai Auto Show. Designed for all-terrain and multi-scenario use, the series—inspired by the Himalayas—features gasoline, diesel, and new energy powertrains, driving the pickup category toward premium, passenger-oriented transformation. This move further diversifies Chery’s global product portfolio.

Chery also showcased its advancements in AI through exhibits like the AiMOGA robot and robot dog, offering a glimpse into its vision for the future of mobility. With its family-oriented positioning, global R&D capabilities, and diversified product strategy, Chery is charting a clear path forward. This strategic launch could mark a pivotal moment in its quest to compete among the world’s top automakers.

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View original content:https://www.prnewswire.co.uk/news-releases/chery-targets-1-million-sales-in-2-years-with-all-terrain-himla-debut-at-shanghai-auto-show-302437205.html

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MEXC Leads Q1 Market Share Gains with Highest Growth in Both Spot and Derivatives

Published

9 minutes ago

April 24, 2025

CISION (PR Newswire)

mexc-leads-q1-market-share-gains-with-highest-growth-in-both-spot-and-derivatives

VICTORIA, Seychelles, April 24, 2025 /PRNewswire/ — While the global crypto market experienced a sharp downturn in Q1 2025, MEXC, a leading global cryptocurrency exchange, bucked the trend with significant gains in both spot and derivatives market share, according to the latest reports from TokenInsight and CoinGecko.

Market Share Growth Despite Industry Decline

According to TokenInsight’s Q1 2025 Exchange Report, MEXC was one of the few major centralized exchanges (CEXs) to grow its presence while the total market saw a 12.53% decline in trading volume, dropping to $23 trillion.

MEXC increased its market share from 12.47% to 13.06% quarter-over-quarter. On the spot market, the exchange saw the largest increase in market share among all major CEXs, growing by 1.7% — a standout performance in a quarter marked by declining investor activity.

Leading the Charge in Derivatives

MEXC’s most notable performance was in the derivatives segment, where it posted a 4.3% increase, jumping from 8.2% to 12.5% market share, according to TokenInsight. This marks the largest gain among all top 10 derivatives exchanges, as other major players struggled with declining volumes and heightened market uncertainty.

Outperforming in a Shrinking Spot Market

While CoinGecko’s report showed spot trading volumes across centralized exchanges fell by 16.3% to $5.4 trillion in Q1 2025, MEXC gained ground, outperforming most peers and reinforcing its position as one of the fastest-growing CEXs globally.

This performance came at a time when high-risk assets lost investor favor and speculative trading declined sharply. MEXC’s consistent growth highlights its reputation for reliability, market responsiveness, and user-focused innovation.

Exchange Stability Amid Market Turmoil

Following major security incidents in Q1, traders increasingly migrated toward secure, stable platforms. MEXC capitalized on this trend, with both trading volume and user adoption increasing as confidence in competitor platforms waned.

Looking Ahead: Innovation & Resilience

With geopolitical tensions and regulatory changes continuing to influence global markets, MEXC remains committed to expanding its DeFi product suite, embracing regulatory clarity, and delivering early access to emerging trends and tokens. Its unique approach to agile listings and risk-managed derivatives makes it a standout performer in a maturing exchange landscape.

About MEXC

Founded in 2018, MEXC is dedicated to being “Your Easiest Way to Crypto.” Known for its extensive selection of trending tokens, airdrop opportunities, and low fees, MEXC serves over 36 million users across 170+ countries. With a focus on accessibility and efficiency, our advanced trading platform appeals to both new traders and seasoned investors alike. MEXC provides a seamless, secure, and rewarding gateway to the world of digital assets.

For more information, visit: MEXC Website | X | Telegram | How to Sign Up on MEXC

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View original content:https://www.prnewswire.co.uk/news-releases/mexc-leads-q1-market-share-gains-with-highest-growth-in-both-spot-and-derivatives-302437199.html

Fintech PR

Blockchain for Good Alliance Launches Global Accelerator and Fund with UNDP

Published

9 minutes ago

April 24, 2025

CISION (PR Newswire)

blockchain-for-good-alliance-launches-global-accelerator-and-fund-with-undp

DUBAI, UAE, April 24, 2025 /PRNewswire/ — The Blockchain for Good Alliance (BGA), a global non-profit initiative, together with United Nations Development Programme (UNDP) and EMURGO Labs, has launched the SDG Blockchain Accelerator — a global effort aimed at harnessing blockchain-powered social impact initiatives across the UN Sustainable Development Goals (SDGs). This program aims to equip UNDP personnel and partners with the knowledge, technology, support, and mentorship necessary to develop, pilot, and scale blockchain-based solutions addressing real-world economic development challenges.

Supported by a global network of industry experts, this multi-year accelerator will onboard two cohorts annually, each running for a four month period, focusing on capacity building, solution development, and ecosystem growth. Leveraging Cardano’s infrastructure and EMURGO Labs’ expertise, the program will deliver up to 40 blockchain solutions aligned with the SDGs, create an open-source resource hub, and promote cross-chain collaboration to broaden the impact of blockchain across the development sector.

Led by BGA Managing Partner Glenn Tan and members of the UNDP AltFinLab, the collaboration will span five global regions, offering funding and strategic support to blockchain projects tackling challenges across the 17 SDGs.

“At UNDP, we believe blockchain is not just a technology — it is a transformative force capable of reshaping how we address humanity’s most pressing challenges. This accelerator program is more than an initiative; it is a call to action for innovators worldwide to harness blockchain’s power to drive sustainable development. By fostering bold collaboration and leveraging its transparency and efficiency, we are paving the way for groundbreaking solutions that can uplift communities globally,” commented Teodor Petricevic, UNDP Accelerator Lead.

As a founding supporter of the Blockchain for Good Alliance, Bybit has worked closely with BGA across various initiatives to promote the use of blockchain for public good. Through its “Bybit Pool” initiative, the crypto exchange has committed US$1 million in funding to support EthicHub, a blockchain platform empowering and enabling smallholder farmers. This contribution supports ethical financing models and showcases blockchain’s potential in building transparent supply chains.

Expanding Impact Across Europe

BGA marked a significant milestone in January 2025 with its formal expansion into Europe, joining the UNDP Brussels Roundtable “Empowering the Future: A Strategic Dialogue on Emerging Technologies and Impact Entrepreneurship in the Western Balkans”. The roundtable brought together 30 key delegates from the UNDP, European Commission, top Web3 foundations, tech hubs, and policy think tanks — including the Ethereum Foundation, Solana Labs, Stellar Development Foundation, Algorand Foundation, Cardano Foundation, Celo, Metis, Cotrugli Business School, Science Technology Park Belgrade, BlackVogel, and the World Metaverse Council.

As part of its broader European strategy, BGA is actively engaging in grassroots initiatives, forging strategic partnerships, and contributing to high-level policy dialogues. With blockchain increasingly recognized as a catalyst for transparent, inclusive, and sustainable development, BGA welcomes collaboration with like-minded organizations to advance real-world solutions and establish blockchain as a pillar of digital equity and innovation across the continent.

#Bybit / #TheCryptoArk / #BGA

About Bybit

Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving a global community of over 60 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com.

For more details about Bybit, please visit Bybit Press
For media inquiries, please contact: media@bybit.com
For updates, please follow: Bybit’s Communities and Social Media

About Blockchain for Good Alliance (BGA)

The Blockchain for Good Alliance (BGA) is a long-term collaborative non-profit initiative with key partners with the main aim to contribute to societal good by using blockchain technology to solve real world problems. By convening leaders, innovators, and organisations from across the blockchain community, BGA seeks to drive innovation, collaboration, and action towards a more sustainable and equitable world.

For more information
Email: hello@chainforgood.org
Website: www.chainforgood.org
Twitter: www.x.com/chainforgood

About UNDP

UNDP is the leading United Nations organization fighting to end the injustice of poverty, inequality and climate change. Working with our broad network of experts and partners in 170 countries, we help nations to build integrated, lasting solutions for people and the planet.

Learn more at www.undp.org