Intel Canada: Empowering Canadian Businesses and Driving Economic Growth

Small Business Canada
Image Courtesy: Intel Canada

According to a recent report, Intel’s semiconductors significantly contribute to Canada’s economic prosperity by powering businesses and increasing productivity.

If there’s one corporation that stands out for its considerable influence as Canadian businesses navigate the constantly changing world of technology, it’s none other than Intel. With a half-century-long history in Canada, Intel has led the way in innovation, empowering companies to grow and transform with the changing times. 

The report by Public First, a global strategic consultancy, illustrates and quantifies Intel Canada’s contribution to the country’s economic growth and the role its technology plays in helping Canadian businesses unlock higher productivity.

The research estimates that around 15 million Intel microprocessors are operating across Canada on any given day, powering everything from servers and special equipment to laptops and desktop computers. Beyond individual devices, those semiconductors are the foundation of critical operations in multiple sectors of the Canadian economy, ranging from healthcare, finance, and manufacturing, to retail, professional services, telecom, and academia. This technology is enabling approximately CAN $33 billion annually in higher productivity for businesses in Canada.

Intel’s legacy in developing technologies that improve people’s lives is more evident today than ever, with technological advancements reshaping our daily experiences and work environments. Looking to the near future, semiconductors, along with five other elements Intel calls “superpowers” — ubiquitous computing, pervasive connectivity, cloud-to-edge infrastructure, artificial intelligence (AI), and sensing — will exponentially increase the world’s need for computing as microchips become capable of processing ever more abundant amounts of data. According to the report, over the next five years, Intel’s CPUs could unlock an additional CAN $1.4 billion in growth.

Thanks to this ongoing advancement in processing power and the widespread application of Artificial Intelligence, small and medium-sized enterprises can now use faster and more powerful computers, servers, and other electronic devices across their operations. With devices becoming more compact, powerful, and portable, employees gain the ability to access crucial information and applications on the go. This increased mobility allows for remote work, attending meetings from various locations, and swift responses to urgent issues, all of which contribute to a better work-life balance and heightened job efficiency, resulting in increased productivity and outputs as well as better use of time and talent.

On an industrial level, businesses that have adopted and integrated these technological advancements are gaining a significant competitive advantage. They can offer superior products and services, meet customer needs more adeptly, and stay a step ahead of their competition.

A case in point for such businesses is Matrox Video, a Montreal-based leader in the broadcast and media, live entertainment, and professional AV/IT markets. Matrox recently unveiled its Matrox LUMA series of graphics cards featuring Intel Arc GPUs, designed to meet the mainstream graphics market’s demand for multi-screen capabilities, reliability, and performance, promising to enhance future consumer video experiences. Thanks to this collaboration with Intel, the company was able to offer a suite of new products to its clients worldwide and at a much shorter time-to-market timeframe.

Acknowledging that remaining competitive involves more than merely outlasting rivals, companies require the appropriate resources and technology to function well in the present while being ready for any challenges that may arise in the future. Let’s take, for example, the latest Intel Core Ultra processors. With their embedded AI capabilities, they power the Intel vPro platform, which is designed for small and medium-sized enterprises, and provides business-grade security, stability, remote management, and performance capabilities.

The collaboration and support of Intel Canada to the domestic SME sector does not end with technology offerings. Its impact on the economy ripples across wider circles. The Economic Impact Report estimates that in 2022 alone — the fiscal year when data was collected — the company assisted in the creation of an estimated 7,500 external positions and contributed $2.4 billion in Gross Value Added (GVA) to the Canadian economy through its direct economic footprint.

Against this backdrop, Canadian small businesses stand to gain further as Intel continues to allocate resources toward research and engages in partnerships with academic institutions and industry associations. A future in which Canadians will enjoy the power of AI everywhere and have instantaneous access to data and computational power will become a reality faster than we can imagine.

To learn more about Intel’s impact in Canada, please visit

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