Machine Learning

Advance AI innovation to
the world from Ontario

Machine Learning

Advance AI innovation to the world from Ontario

Global Machine Learning Industry

Quickly embraced across industries for its diverse applications
A subset of the AI revolution, Machine Learning is pulling in industries quickly because of it’s varied use cases, especially with the rise of deep learning and new algorithms. Healthcare, finance, retail, and even SMEs are increasingly adopting Machine Learning.
Key drivers propelling this market forward include the escalating availability of data, increase in computing power, and the high demand for automation and optimization across business functions. Additionally, the proliferation of the Internet of Things (IoT) and edge computing are anticipated to catalyze market growth even further, given their capacity to generate vast datasets. The fusion of Machine Learning with complementary technologies such as natural language processing (NLP) and computer vision are also poised to unlock fresh avenues for growth.
Projections indicate the Machine Learning market will grow at a CAGR exceeding 18.7% from 2023 to 2030.

Canadian Machine
Learning Industry

A pivotal player in the world
Canada has been using AI to transform its economy and tackle some of the toughest global challenges, like fighting cancer, improving food production, and reducing energy consumption. The government's backing of the AI sector is evident through initiatives such as the Pan-Canadian Artifical Intelligence Strategy and the Global Innovation Cluster - Scale AI Cluster, both initiated as early as 2017.
Canada’s global rankings speak for themselves. It currently ranks third among G7 nations in per capita AI VC investments and fourth globally in generative AI companies per capita. It also holds second position globally in terms of elite AI researchers, with 10% of researchers boasting the highest citation counts in AI and Machine Learning calling Canada home.
  • Pan-Canadian AI Strategy is the first of its kind in the world, and has enhanced Canada’s AI research and talent development by establishing research hubs in Toronto, Montreal, and Edmonton, attracting top AI talent through the Canada CIFAR AI Chairs program and promote AI commercialization.

  • The Global Innovation Cluster – Scale AI Cluster focuses on accelerating the adoption and commercialization of AI across various industries, receiving CA $284 million in funding from the Government of Canada, matched by private sector contributions.
The Canadian Machine Learning market is projected to reach approximately CA $2.43 billion in 2024, with a CAGR of 36.01% from 2024 to 2030, bringing the market volume to CA $15.39 billion by 2030. Recognized globally for its concentration of AI talent, Canada has seen its cohort of AI professionals grow at an average annual rate of 38% over the past five years, outpacing countries like the United States, United Kingdom, Germany, France, and Sweden.
Generative AI is a rapidly growing segment within Canada's AI ecosystem, with 30 generative AI-focused companies as of June 2023, surpassing countries like Germany and India. With US $694.5 million in investment, Canada ranks alongside global leaders such as Israel and the United Kingdom in this field.
Canada’s rankings also speak for themselves, currently standing third among G7 nations in per capita AI venture capital investments and fourth globally in generative AI companies per capita. Additionally, it holds the second position globally in terms of elite AI researchers, with 10% of the most highly cited researchers in AI and Machine Learning residing in Canada.

Canadian Machine Learning Industry

4th largest hub for Cyber Security in the world
Canada has been using AI to transform it’s economy and tackle some of the toughest global challenges, like fighting cancer, improving food production, and reducing energy consumption. Its AI ecosystem, consisting of numerous Machine Learning startups, top-tier research institutions, incubators, venture capital firms, and a rich pool of AI talent, has established Canada as a key player on the global stage.
Canada’s global rankings speak for themselves. It currently ranks third among G7 nations in per capita AI VC investments and fourth globally in generative AI companies per capita. It also holds second position globally in terms of elite AI researchers, with 10% of researchers boasting the highest citation counts in AI and Machine Learning calling Canada home.
  • Pan-Canadian AI Strategy is the first of its kind in the world, and has enhanced Canada’s AI research and talent development by establishing research hubs in Toronto, Montreal, and Edmonton, attracting top AI talent through the Canada CIFAR AI Chairs program and promote AI commercialization.

  • The Global Innovation Cluster – Scale AI Cluster focuses on accelerating the adoption and commercialization of AI across various industries, receiving CA $284 million in funding from the Government of Canada, matched by private sector contributions.
The Canadian Machine Learning market is projected to reach approximately CA $2.43 billion in 2024, with a CAGR of 36.01% from 2024 to 2030, bringing the market volume to CA $15.39 billion by 2030. Recognized globally for its concentration of AI talent, Canada has seen its cohort of AI professionals grow at an average annual rate of 38% over the past five years, outpacing countries like the United States, United Kingdom, Germany, France, and Sweden.
Generative AI is a rapidly growing segment within Canada's AI ecosystem, with 30 generative AI-focused companies as of June 2023, surpassing countries like Germany and India. With US $694.5 million in investment, Canada ranks alongside global leaders such as Israel and the United Kingdom in this field.
Canada’s rankings also speak for themselves, currently standing third among G7 nations in per capita AI venture capital investments and fourth globally in generative AI companies per capita. Additionally, it holds the second position globally in terms of elite AI researchers, with 10% of the most highly cited researchers in AI and Machine Learning residing in Canada.

Why Choose Ontario
For Machine Learning

The birthplace of modern AI
More than 30 years ago, it was in Ontario that Geoffrey Hinton, often referred to as the pioneer of deep learning, made his discovery of neural networks.
Since then, Ontario has solidified it’s position as a global leader in AI development. By the end of 2022, Ontario saw CA $2.86 billion being invested by VCs into it’s AI ecosystem. Ongoing support from federal and provincial governments, as demonstrated by the CA $443.8 million funding commitment to the Pan-Canadian Artificial Intelligence Strategy, ensure that Ontario and Canada remain at the forefront of AI advancement. 
Despite broader challenges in the tech sector, AI companies have defied the downturn, attracting investment, generating employment, and driving economic prosperity.
Ontario already hosts major industry players like Amazon, IBM, Google, Cisco, and Shopify, who have invested significantly in AI research and development operations in the province. Additionally, Ontario's investments into initiatives like the Ontario Vehicle Innovation Network (OVIN) has helped accelerate the adoption of AI and other advanced technologies in collaboration with industry partners and academic institutions.
  • Toronto is said to be ‘taking on’ Silicon Valley to become the next AI hub. It has become a sought after location for new Machine Learning startups, thanks to initiatives like the Vector Institute for Artificial Intelligence, which has positioned the city as a global hub for AI research and development with substantial funding support. ETSY selected Toronto for its Machine Learning Center of Excellence, LG’s multimillion-dollar research partnership with the University of Toronto, and Samsung’s decision to establish one of its 3 new global AI research labs in Toronto, to name a few, reinforce the attractiveness of Toronto’s ML potential.
  • Waterloo is a powerhouse for Machine Learning startups, anchored by the University of Waterloo, boasting the largest student population among the world’s top 25 computer science programs. The region hosts over 130 AI companies and at least a dozen research institutes, including the esteemed Waterloo Artificial Intelligence Institute. Notably, the university serves as a leading force in applied AI, including Machine Learning, data science, and smart robotics. Additionally, Waterloo plays a pivotal role in the CA $290 million SCALE.AI Supercluster.
  • Ottawa is also a leading hub for Machine Learning startups, particularly in applied artificial intelligence due to the city’s industrial landscape. Notable contributions include IBM’s Watson analytics platform and innovations in smart cities, cyber security, digital health, and smart government, all leveraging Machine Learning technologies. Leveraging its billion-dollar telecom-5G sector, the region integrates Machine Learning to enhance product and service offerings. Moreover, as Canada’s capital, it hosts 65 government research labs and 136 foreign embassies, allowing Machine Learning startups to thrive in this environment.

n 2021-22, around 22,458 AI positions emerged in the province, marking a surge of 210% from the prior year. And there is no dearth of qualified talent to fill these positions in Ontario, in the same year, the enrollment in Vector-recognized AI programs in Ontario saw a significant rise, with 1,110 students joining, marking a 17% increase, and the number of graduates from AI master’s programs surged to 1,007, up from 700 the previous year.

Ontario has a burgeoning Machine Learning and AI-based education ecosystem:

    • The Toronto-based Rogers Cybersecure Catalyst Initiative was the first to introduce the Artificial Intelligence, Robotics and Society program in 1983. Today CIFAR is a foundational component of the Pan-Canadian AI Strategy.
    • The University of Waterloo plays a pivotal role in the CA $290 million SCALE.AI Supercluster, an industry-led initiative aimed at enhancing Canada’s prominence in applied AI.
Canada’s trade agreements cover markets valued at over US $50 trillion with 1.7 billion consumers. Canada has free trade agreements with the largest manufacturing markets in the world: the United States (USMCA), the European Union (CETA) and Asia-Pacific (CPTPP).

Your business can access 187 million consumers within a day’s drive of the Greater Toronto Area. Ontario has 4 international and 300 regional airports, 250,000 km of roads and highways, a dozen border crossings and the 6th most internationally connected airport in the world.

Ontario’s Machine Learning Industry Facts

1st

largest Machine Learning
sector in Canada

1st

largest Artificial Intelligence sector in Canada

1st

densest AI cluster
in the world

273

unique investors directly funding AI companies

1000+

new AI graduates
with a Masters

$2.86B

in venture capital investments

Ontario’s Machine Learning Industry Facts

1st

largest Machine Learning sector in Canada

1st

largest Artificial Intelligence sector in Canada

1st

densest AI cluster in the world

273

unique investors directly funding AI companies

1000+

new AI graduates with a Masters

$2.86B

in venture capital investments

Machine Learning Funding, Resources and Organizations

Canada’s Innovation Superclusters foster collaboration among industry leaders, SMEs, non-profit organizations, and post-secondary institutions to accelerate growth in five promising sectors:

  • Advanced Manufacturing
  • Artificial Intelligence in Supply Chains
  • Digital Technologies
  • Oceans
  • Plant Proteins

As a startup in the Artificial Intelligence space, you can apply for membership to the AI cluster led by Scale.ai. Members have the opportunity to propose and participate in Supercluster projects. Approx CA $750 million over five years has been earmarked for Canada’s Global Innovation Clusters.

Digital Technologies Research Centre engages in partnerships with industry, academia, and government to bring to market cutting-edge software technologies across AI, NLP, among others.

The National Research Council of Canada launched a Data Analytics Centre that brings together 35 machine-learning experts and state-of-the-art algorithms to help industry and scientific players.

Innovation, Science, and Economic Development Canada (ISED) collaborate with Canadians across various economic sectors and regions to enhance investment conditions, boost innovation, and expand Canada’s global trade share.

Canadian Institute for Advanced Research (CIFAR)

is a global research organization that is a forefront authority on AI research in Canada. It was established in Toronto as the Canadian Institute for Advanced Research in August 1981. The organization also takes the lead on the Pan-Canadian Artificial Intelligence Strategy. Visit Site

Machine Learning Companies in Ontario

Frame 13
BluWave
62 Steacie Dr, Kanata, ON K2K 2A9, Canada
Group 52
Cerebras
150 King St. West, Suite 701,Toronto, ON M5H 1J9, Canada
DNAStack
DNAstack
120 Adelaide St West, Suite 2500,Toronto, ON M5H 1T1, Canada
Ecopia
Ecopia
101 College St, Suite 230-4, Toronto, ON M5G 1L7, Canada
Gatik
Gatik
190 Norseman St #200, Etobicoke, ON M8Z 2R4, Canada
logo of machine learning startup iris
IRIS R&D Group
5500 N Service Rd Suite 800, Burlington, ON L7L 6W6, Canada
logo of machine learning startup primal
Primal
Suite 163, Catalyst Commons 210, 137 Glasgow St, Kitchener, ON N2G 4X8, Canada
Logo_Protein_Quare
ProteinQure
119 Spadina Ave, Toronto, ON M5V 2L1, Canada
Quincus
Quincus
20 Wellington Street East, Suite 500, Toronto, ON, M5E 1C5, Canada
Solid_StateAi
SolidState AI
185 Spadina Ave, Toronto, ON M5T 2C6, Canada
logo of ai company visto
Visto
1268 St Clair Ave W Suite 204, Toronto, ON M6E 1B9, Canada
logo of ai company wysdom
Wysdom
155 East Beaver Creek Rd, Suite 214, Richmond Hill, ON L4B 2N1, Canada
Show Companies
Frame 13
BluWave
62 Steacie Dr, Kanata, ON K2K 2A9, Canada
Group 52
Cerebras
150 King St. West, Suite 701,Toronto, ON M5H 1J9, Canada
DNAStack
DNAstack
120 Adelaide St West, Suite 2500,Toronto, ON M5H 1T1, Canada
Ecopia
Ecopia
101 College St, Suite 230-4, Toronto, ON M5G 1L7, Canada
Gatik
Gatik
190 Norseman St #200, Etobicoke, ON M8Z 2R4, Canada
logo of machine learning startup iris
IRIS R&D Group
5500 N Service Rd Suite 800, Burlington, ON L7L 6W6, Canada
logo of machine learning startup primal
Primal
Suite 163, Catalyst Commons 210, 137 Glasgow St, Kitchener, ON N2G 4X8, Canada
Logo_Protein_Quare
ProteinQure
119 Spadina Ave, Toronto, ON M5V 2L1, Canada
Quincus
Quincus
20 Wellington Street East, Suite 500, Toronto, ON, M5E 1C5, Canada
Solid_StateAi
SolidState AI
185 Spadina Ave, Toronto, ON M5T 2C6, Canada
logo of ai company visto
Visto
1268 St Clair Ave W Suite 204, Toronto, ON M6E 1B9, Canada
logo of ai company wysdom
Wysdom
155 East Beaver Creek Rd, Suite 214, Richmond Hill, ON L4B 2N1, Canada
×

Geocoding Error Occured.

Tried to Geocode:

Error Type:

Please be sure to follow the tutorial on how to setup the Google APIs required for the Advanced Google Map Widget.

Google Map API Key Tutorial
Scroll to Top