On December 15, 2025, Minister Evan Solomon announced Phase 1 of the Canadian Quantum Champions Program (CQCP). The release says four Canadian-headquartered firms can receive up to CAD 92 million (~US$67 million) in agreements, or up to CAD 23 million each, as part of a broader CAD 334.3 million (~US$244 million) Budget 2025 commitment over five years to strengthen Canada’s quantum sector.
The Canadian Quantum Champions Program announcement names Anyon Systems, Nord Quantique, Photonic, and Xanadu Quantum Technologies as Phase 1 participants and says the National Research Council of Canada will create a Benchmarking Quantum Platform to assess technical progress. The program is directed at fault-tolerant quantum computer development with industrial applications.