Some 44 per cent of the executives at large and growing Canadian software companies that sell to other businesses said their companies had adopted agentic AI, according to a survey by investment firm Georgian and research firm NewtonX. Across the U.S., U.K. and Israel, the rate was 67 per cent. (The Logic)

Talking point: Canadian businesses are long-standing laggards when it comes to technology adoption, and plenty of studies and reports—including Georgian’s regular surveys—have found the same for AI. The fund’s latest analysis finds Canadian companies are starting to make more sophisticated and widespread use of AI, including by rolling out code-generation tools. But they’re finding it harder to connect AI agents to their existing software systems. Across the world, executives reported that the cost of running all this AI is adding up. Georgian predicted the amount firms spend on AI coding will double in the next 90 days, with a third of tech leaders surveyed saying they’re spending between US$251 and US$1,000 per engineer per month on AI tools.