Canada arguably invented modern AI. We trained the talent, helped build the science, and produced many of the key researchers, yet most of the important AI companies ended up being built and owned elsewhere. That was Game 1, and we lost it.

The good news is that Game 2 is now underway in quantum, robotics, physical AI, space, advanced manufacturing, and smart energy. Canada also has world-class scientists in all of these areas, but more importantly, these are not businesses that can be built anywhere with a few smart people and a laptop. They depend on specialized infrastructure, research labs, and ecosystems that are much harder to move.

That is why this moment is so interesting. For Canadian family offices, this is not just about national pride or supporting innovation close to home. It is a generational opportunity to back and own part of the next wave of world-class Canadian companies, right in our own backyard, before the rest of the market fully wakes up to what is forming.

I wrote about this in my latest op-ed piece for Canadian Family Offices. You can read it here.