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Canada Invests $334M in Quantum Computing Champions

12/16/2025

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Story summary
  • The Canadian government launched the Canadian Quantum Champions Program (CQCP) to support four quantum computing firms—Xanadu, Anyon Systems, Photonic, and Nord Quantique.
  • Each company will receive up to $23 million in initial funding as part of a $334.3 million, five-year investment.
  • The program aims to bolster Canada's quantum technology sector.
  • The National Research Council will benchmark progress to ensure the firms meet technical standards for future funding.