Quantum Industry Canada’s 2024 Pre-Budget Submission

Quantum Industry Canada's 2024 pre-budget submission

On February 9, 2024, Quantum Industry Canada (QIC) submitted a pre-budget consultation submission to the Deputy Prime Minister and Minister of Finance, the Honourable Chrystia Freeland. 

Our submission, informed by insights from over 45 member organizations, outlines a strategic vision to enhance the National Quantum Strategy (NQS) and secure Canada’s leadership in the global quantum arena. With Canada positioned as a global quantum pioneer, our recommendations aim to catalyze economic growth, bolster national security, and ensure Canada capitalizes on the quantum sector’s potential to contribute significantly to our economy and societal well-being.

 

Summary of Recommendations

Recommendation 1: Align procurement and funding mechanisms with the quantum sector

A. Streamline and speed up government procurement for quantum and enabling technologies 

B. Provide government-backed purchase order financing

C. Revise and adapt funding program criteria to quantum realities

D. Provide support for hiring in pre-revenue quantum companies

E. Direct pension assets to support Canada’s quantum sector growth 

Recommendation 2: Integrate National Quantum Strategy objectives with national security and other technological development goals

A. Strengthen national security with quantum readiness

B. Synchronize quantum and semiconductor objectives

Recommendation 3: Promote global leadership and adoption of Canadian quantum technologies

A. Formalize a “Team Canada” quantum initiative for international impact

B. Establish a Canada Quantum Adoption Program

Recommendation 4: Enhance support and infrastructure for a coordinated quantum innovation ecosystem

A. Expand the NQS Advisory Council to include Quantum Industry Canada

B. Establish a coordinated Canadian quantum sandbox and testbed program

C. Provide support for a flagship quantum data centre

D. Enhance quantum workforce development and commercialization training

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