Good morning! Welcome back to Queen Street Analytics' weekly digest of regulatory developments, legislative discussions, political announcements and other government-related news concerning ICT, cloud computing, digital infrastructure, social media platforms, digital privacy, AI, cybersecurity, blockchain, and Web3.

Every Monday, we break down the most important updates in this space in under five minutes.

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Start Date: 2025-03-01
End Date: 2025-03-08

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CSE Updates on AI Cyber Threats to Canada's Democracy

The Communications Security Establishment Canada released its 2025 report on cyber threats to Canada’s democratic process. The report warns of the growing use of AI by foreign adversaries, particularly Russia and China, to spread disinformation and conduct cyber espionage. AI technologies are being used to create deepfake pornography targeting public figures and to enhance social engineering attacks. Despite these challenges, the CSE assesses it is unlikely that these activities will fundamentally undermine Canada's upcoming federal election. The agency continues to work with federal partners to secure democratic processes.

Sources: Announcements: www.canada.ca

Canada Introduces AI Compute Access Fund

Minister François-Philippe Champagne announced the AI Compute Access Fund, providing up to $300 million for SMEs to access computing power essential for AI development. The initiative is part of the Canadian Sovereign AI Compute Strategy, aimed at securing Canada's AI leadership by enhancing compute infrastructure. This fund supports sectors like health, energy, and manufacturing, providing necessary resources for AI adoption and innovation.

Sources: Announcements: www.canada.ca