Innovation, Science and Economic Development Canada (ISED) said it would hold consultations before writing the regulations accompanying the proposed Artificial Intelligence and Data Act (AIDA), then solicit input on its draft. The department anticipates the rules won’t take effect before 2025, or two years after the legislation is passed. (The Logic)
Talking point: Innovation Minister François-Philippe Champagne introduced Bill C-27 in June 2022. AI startup founders have told The Logic they’re concerned about AIDA’s lack of detail, which leaves many specifics to the forthcoming regulations, with fines of up to $10 million or three percent of revenues. Monday’s document tries to fill in some of the gaps, providing a longer taxonomy for the “high-impact systems” and a full description of the negative outcomes it’s focused on. It cites the growing use of AI, and similar rulemaking in the EU, U.K. and U.S. Officials hope the document will “reassure actors in the AI ecosystem in Canada that the aim of this act is not to entrap good faith actors or to chill innovation, but to regulate the most powerful uses of this technology that pose the risk of harm.” Their response is TBD. Bill C-27 remains at second reading in the House of Commons.