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Transactions - AUGUST 25, 2021

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OMERS and the Vector Institute enter into AI collaboration in Canada

by Kali Persall

OMERS and the Vector Institute are entering a five-year strategic engagement contributing to the work of the Canadian artificial intelligence (AI) ecosystem.

The Vector Institute works with industry, institutions, startups and government to advance AI research and drive its application, adoption and commercialization across Canada. Vector’s scientific network currently includes more than 600 active researchers and practitioners from across Canada with expertise in machine learning and deep learning. OMERS is the first pension plan to participate in the Vector Institute’s initiative.

“In the last few years, we have made great progress in leveraging data and technology, and there is strong appetite to continue to build on our ability to harness the power of data and insights to support growth and value for our members,” said Monique Allen, executive vice president of data and technology at OMERS. “Our work with the Vector Institute will enable us to more fully

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