Thank you, Minister. You're right. There are a lot of great AI successes in Alberta.
There's a Calgary-based company, Hifi, I want to highlight. It uses fibre optics and AI for pipeline monitoring. It can detect changes in temperature, flow and vibrations, which in turn makes pipelines safer to operate and makes sure people aren't digging where they're not supposed to be digging. It can tell if there are problems developing. It's a growing area of knowledge and expertise for our country. It's already creating massive economic developments.
I want to push on capturing economic and social benefits from these AI investments. The applications of AI are broad, and as I mentioned, they impact a lot of industries, including not only energy but also health, climate and defence. How will Canada's next AI strategy balance these priorities to make sure that investments maximize both economic growth and social benefits for Canada?
