I interpreted the minister's approach to AI, to my recollection, as being “light, tight and right”, which meant we would look to regulate, but in a tailored and focused manner. I think that aligns very well with the U.K. and Singapore approaches that I am proposing for Canada.
I was involved in the consultations related to the artificial intelligence and data act, and there were significant concerns about establishing a horizontal law that would apply in every context, but without sufficient consultation to determine if that was necessary.
I think the approach I'm proposing to this committee would allow us to balance the economic advantages with the controls that you speak about.