In a major boost to domestic innovation, the Canadian government has pledged C$195 million to Toronto-based tech pioneer Xanadu to accelerate commercial quantum computing manufacturing.

The strategic funding is designed to scale up the domestic production of fault-tolerant photonic quantum computers while securing specialized, high-tech engineering jobs across the country.

Federal officials hailed the landmark agreement as a vital milestone, firmly cementing Canada's competitive edge in the rapidly accelerating global quantum technology race.