Canada Invests $98.6M in 23 New AI Projects Across Industries

Canada is experiencing significant growth and investment across multiple sectors including banking, artificial intelligence (AI), and technology. The Bank of Nova Scotia (BNS) remains a strong choice for value and income investors in 2025 due to its high dividend yield and steady growth despite recent earnings challenges. SCALE AI announced nearly $100 million in funding for 23 new AI projects, boosting AI adoption across industries in Canada and supporting innovation from startups to large enterprises. Canadian companies, including tech leaders like Shopify and TELUS, are gaining global recognition for their growth and innovation, especially in digital services and AI development. Constellation Software continues to deliver exceptional long-term returns by acquiring and growing niche software companies, making it a recommended stock for Canadian investors. Additionally, Hut 8 is transforming from a Bitcoin miner into a diversified energy-tech and infrastructure provider, signaling strong growth potential in Canada’s expanding tech investment landscape.