Canadian non-profit gets funding to raise awareness of quantum computing threat – IT World Canada
A public-private agency that helps Canadian organizations shift to technologies that protect their encrypted data from being broken by quantum computers has been given a federal grant of $675,000 to help its work.
Public Safety Canada said Tuesday that the money going to Quantum-Safe Canada will support its work to prepare the countrys critical infrastructure for the quantum threat.
Organizations that hold encrypted data include governments, financial institutions, energy providers, research facilities, telcos, and manufacturers of sensitive products.
Quantum computers capable of breaking current encryption may be years away but organizations have to start preparing now, agency executive director Michele Mosca said in an interview.
And now means they should have their transition plans to quantum-safe solutions finished by next year. Thats because standardized quantum-resistant encryption algorithms are expected to be approved by the U.S. National Institute of Standards and Technology (NIST) in 2024, so high-risk organizations can begin their transition. That will include selecting solution providers and testing their solutions.
Related content: NIST names first four quantum-resistant tools
The top critical infrastructures with a big IT footprint really should be wrapping up their preparation and assessment phase in a year or so and be starting the roadmapping by 2024. By that year, things will start kicking into gear on the solutions side. The standardized algorithms will be ready and there will be no need to delay, Mosca noted.
Countries not necessarily friendly to the West, including China and Russia, are pouring hundreds of millions into quantum computing research. No one is quite sure when they will be able to produce a machine that can crack current encryption.
Related content: Montreal firm delivers quantum computer
But, Mosca said, given the time it will take for organizations to migrate to quantum-resistant solutions, they cant wait until one is churning away.
You have to at least tentatively pick a date by which you want your systems ready. You have to look at your risk tolerance, and if its less than 10 per cent meaning a 10 per cent chance of broken encryption will cause the firm serious damage you really want to have migrated within 10 years.
Some people may not want even a one per cent chance, in which case they have to do something faster, he added.
Major governments are aiming to transition their critical applications by the early 2030s, he pointed out. That may be nine years away, but Mosca warned it will take a lot of work to upgrade systems.
Dont forget, he added, the Canadian, U.S. and other governments have already decided to migrate their systems to quantum-safe solutions.
Related content: Companies warned in 2019 to start working on quantum-resistant solutions
Quantum-Safe Canada is a not-for-profit whose governing board includes Sami Khoury, head of the federal governments Canadian Centre for Cyber Security; Robert Gordon, former executive director and currently strategic advisor of the Canadian Cyber Threat Exchange; Vanda Vicars, chief operating officer of the Global Risk Institute in Financial Services; and consultant Brian OHiggins, an expert in public-key infrastructure.
Mosca, who also sits on the board, is a co-founder of the Institute for Quantum Computing and a professor at the University of Waterloo, as well as a co-founder of a quantum software startup called EvolutionQ.
There are four steps to quantum readiness, he said: Understanding what the problem is, understanding what it means to the organization and its peers, planning and testing quantum-safe solutions and, finally, deploying the solutions.
The funds announced Tuesday are small compared to the monies available in the public and private sectors for fundamental quantum research, he said. But money for awareness is vital.
This particular grant will help the energy and finance sectors understand the early preparation steps we neglect and wish [later] we had done.
The funds will also be spent to help identify the skills needed for the transition and implementation stages so vendors, colleges and universities can train and expand the workforce.
Its not just a few computer science programmers writing code that will be needed, he stressed. Project planners, managers, system integrators, experts in risk assessments, business analysts and more will be needed. And it wouldnt necessarily mean years of training. It could mean adding an extra course to a college degree, he added.
The federal funds come from Ottawas Cyber Security Co-operation Program, which was launched in 2019 under the National Cyber Security Strategy. Through the program, $10.3 million in funding was allocated to support projects that contribute to positioning Canada as a global leader in cyber security.
Read more:
Canadian non-profit gets funding to raise awareness of quantum computing threat - IT World Canada
- Encryption That Protects Your Bank Account Could Fall to a Quantum Computer in 3 Days, Study Suggests - ScienceAlert - November 5th, 2026 [November 5th, 2026]
- Quantum computer errors slashed by more than 50% with single check - Interesting Engineering - November 5th, 2026 [November 5th, 2026]
- Japan Just Powered Up a Quantum Computer Built From Single Atomsand It May Not Need a Giant Freezer to Run - Popular Mechanics - November 3rd, 2026 [November 3rd, 2026]
- This Brilliant Quantum Computing Stock Could Double in a Year - Yahoo Finance - November 1st, 2026 [November 1st, 2026]
- Our estimate for factoring RSA-2048 with cat qubits: pushing the frontier between size and speed - Alice & Bob - November 1st, 2026 [November 1st, 2026]
- Prediction: This Is the Quantum Computing Stock Most Likely to Still Be Standing in 2030 - The Motley Fool - November 1st, 2026 [November 1st, 2026]
- This Brilliant Quantum Computing Stock Could Double in a Year - The Motley Fool - November 1st, 2026 [November 1st, 2026]
- Quantum: 12.9% of technology signals are already at operational level - EU Science Hub - November 1st, 2026 [November 1st, 2026]
- 3 Quantum Computing Stocks to Buy Before They Soar in 2027 - The Motley Fool - November 1st, 2026 [November 1st, 2026]
- Are These 3 Quantum Computing Stocks Worth Buying Before 2027? - Yahoo Finance - November 1st, 2026 [November 1st, 2026]
- Are These 3 Quantum Computing Stocks Worth Buying Before 2027? - The Motley Fool - November 1st, 2026 [November 1st, 2026]
- This Brilliant Quantum Computing Stock Could Double in a Year - AOL.com - November 1st, 2026 [November 1st, 2026]
- The Quantum Threat Is Closer Than Finance Thinks - Crowdfund Insider - November 1st, 2026 [November 1st, 2026]
- The Continuum+: Who will capture the quantum advantage? - Simmons & Simmons - November 1st, 2026 [November 1st, 2026]
- Coinbase Is Racing to Quantum-Proof Bitcoin Before It Has To - Startup Fortune - November 1st, 2026 [November 1st, 2026]
- 3 Quantum Computing Stocks to Buy Before They Soar in 2027 - The Globe and Mail - November 1st, 2026 [November 1st, 2026]
- Coinbase CEO Brian Armstrong Says Quantum Computing Is a Bigger Threat to Crypto Than AI: When, Not If - Benzinga - November 1st, 2026 [November 1st, 2026]
- intelligence bets on quantum with deal for Israeli software startup Classiq - The Jerusalem Post - October 28th, 2026 [October 28th, 2026]
- Quantum Computings Energy Bill Is Coming, and We Havent Priced It In - EE Times - October 28th, 2026 [October 28th, 2026]
- The Genesis Mission and the Future of the Future of Computing - Issues in Science and Technology - October 28th, 2026 [October 28th, 2026]
- Intels $2.3 Billion Bet on a Quantum Future is a Decade in the Making - The Next Platform - October 28th, 2026 [October 28th, 2026]
- Giving quantum computers a way to pick up where they left off - Florida International University - October 28th, 2026 [October 28th, 2026]
- Guest Post: The Next Threat to Encryption May Not Need a Quantum Computer - The Quantum Insider - October 28th, 2026 [October 28th, 2026]
- How EPB and IonQ Use Quantum to Optimize the Power Grid - IonQ - October 28th, 2026 [October 28th, 2026]
- We're a Step Closer to Quantum Computers That Can Correct Their Own Mistakes - ScienceAlert - October 28th, 2026 [October 28th, 2026]
- Fairfax Schools to Bring Quantum Computing to K-12 - GovTech - October 28th, 2026 [October 28th, 2026]
- Quantum computing and the burden of proof - Computing UK - October 28th, 2026 [October 28th, 2026]
- Can Classiq Make Intel the Cadence of Quantum Computing? - The Futurum Group - October 28th, 2026 [October 28th, 2026]
- Uncovering the Hidden Disorder in Silicon Quantum Computers - Department of Energy (.gov) - October 28th, 2026 [October 28th, 2026]
- Beyond Binary Quantum Computing: Exploring Higher-Dimensional Qudits - The Quantum Insider - October 28th, 2026 [October 28th, 2026]
- SoftBank teams up with five Japanese firms to build quantum-based platform - Light Reading - October 28th, 2026 [October 28th, 2026]
- Intel Just Bought the Quantum Toolbox, Not the Magic Box - Money Morning - October 28th, 2026 [October 28th, 2026]
- D-Wave partners with LG CNS to advance quantum use cases in Asia - Seeking Alpha - October 28th, 2026 [October 28th, 2026]
- Quantum Computing Inc. Announces Participation in Upcoming November Investor Conferences - PR Newswire - October 28th, 2026 [October 28th, 2026]
- Dell brings post-quantum cryptography to the root of trust - SiliconANGLE - October 28th, 2026 [October 28th, 2026]
- Google Just Solved a Major Quantum Computing Problem. Heres Why Investors Still Have a 10-Year Wait. - Yahoo Finance - October 28th, 2026 [October 28th, 2026]
- LG CNS and D-Wave Announce Strategic Relationship to Advance Quantum Optimization Adoption in South Korea - Yahoo Finance - October 28th, 2026 [October 28th, 2026]
- D-Wave Quantum delivers first annealing quantum computer to Italy as part of SQT deal (QBTS:NASDAQ) - Seeking Alpha - October 17th, 2026 [October 17th, 2026]
- IonQ tumbles as it buys cybersecurity firm Elisity in $1.3B all-stock deal (IONQ:NYSE) - Seeking Alpha - October 12th, 2026 [October 12th, 2026]
- IonQ to acquire cybersecurity firm Elisity in an all-stock deal for up to $1.3 billion - CNBC - October 12th, 2026 [October 12th, 2026]
- Tuning the Field: Notes from the NYC Quantum Summit - New York University - October 12th, 2026 [October 12th, 2026]
- Scientists make major step towards fixing the big problem with quantum computers - The Independent - October 12th, 2026 [October 12th, 2026]
- IonQ Agrees to Buy Elisity in Cybersecurity Deal Worth Up to $1.3 Billion - The Quantum Insider - October 12th, 2026 [October 12th, 2026]
- A Practical Path to Post-Quantum Readiness in Operational Technology - Foundation for Defense of Democracies - October 12th, 2026 [October 12th, 2026]
- DARPA selects IBM and IonQ for next phase in development of fault-tolerant quantum computer - Seeking Alpha - October 12th, 2026 [October 12th, 2026]
- Can Quantum Computers Break Bitcoin? An Ethereum Researcher Just Told Big Holders to Prepare for Bunker Mode - 24/7 Wall St. - October 12th, 2026 [October 12th, 2026]
- Why IonQ Is Betting Big on Quantum Cybersecurity With $1.3 Billion Elisity Acquisition - Barron's - October 12th, 2026 [October 12th, 2026]
- Quantum computing is already here - Fast Company - October 6th, 2026 [October 6th, 2026]
- U.S. GAO - Quantum Computing: Federal Actions Needed to Prepare for Emerging Cyber Threat - U.S. Government Accountability Office (.gov) - October 6th, 2026 [October 6th, 2026]
- Bank of America Put a $60 Price Target on IonQ. The Quantum Bet Is Picking Up Speed. - Barchart.com - October 6th, 2026 [October 6th, 2026]
- Quantum Computing Inc. to Attend the Maxim Growth Summit 2026 - PR Newswire - October 6th, 2026 [October 6th, 2026]
- Quantinuum partners with University of Western Australia to expand quantum computing access - Data Center Dynamics - October 6th, 2026 [October 6th, 2026]
- Infleqtion and Partners Build Optical Cavity Prototype to Shrink Quantum Sensors - HPCwire - October 6th, 2026 [October 6th, 2026]
- University of Arkansas, D-Wave to partner on quantum computing project - Talk Business & Politics - October 6th, 2026 [October 6th, 2026]
- planqc and LOGIQC Selected for Germanys Quantum Computing Competition - The Quantum Insider - October 6th, 2026 [October 6th, 2026]
- Xanadu Soars 16% on Multi-Year GlobalFoundries Deal to Deliver Quantum Computing at Scale - TIKR.com - October 6th, 2026 [October 6th, 2026]
- Rigetti Computing vs. D-Wave Quantum: Which Quantum Computing Stock Is the Better Buy? - The Motley Fool - October 6th, 2026 [October 6th, 2026]
- A quantum company's CEO and CFO will be available for one-on-one meetings in New York on Oct. 13. - Stock Titan - October 6th, 2026 [October 6th, 2026]
- Rigetti Computing vs. D-Wave Quantum: Which Quantum Computing Stock Is the Better Buy? - Yahoo Finance - October 6th, 2026 [October 6th, 2026]
- Why accessible software is the cornerstone of useful quantum computers - SDxCentral - October 6th, 2026 [October 6th, 2026]
- Second QDA Forum Focuses on Real-World Deployments And Progress of Quantum Computing - The Quantum Insider - October 6th, 2026 [October 6th, 2026]
- Quantum interactions may have locked early universe's fields into existing energy states - Phys.org - October 6th, 2026 [October 6th, 2026]
- Quantinuum and The University of Western Australia Partner to Advance Australia's Quantum Capability - PR Newswire - October 6th, 2026 [October 6th, 2026]
- QuantumGate and NEC GCC Partner on Post-Quantum Security in the UAE - The Quantum Insider - October 6th, 2026 [October 6th, 2026]
- FormFactor And 2 Other Quantum Computing Stocks To Own - Simply Wall Street - October 6th, 2026 [October 6th, 2026]
- Silicon Quantum Computing Named to Fast Companys 2026 Next Big Things in Tech List - Macau Business - October 6th, 2026 [October 6th, 2026]
- D-Wave partners with University of Arkansas for research into supply chain-based quantum applications - Data Center Dynamics - October 6th, 2026 [October 6th, 2026]
- Top 3 Quantum Computing Stocks To Watch In October 2026 - Yahoo Finance - October 6th, 2026 [October 6th, 2026]
- Nu Quantum CEO on the $15B Q-day networking proposition - SDxCentral - October 6th, 2026 [October 6th, 2026]
- Researchers and students at a Western Australian university will get access to a quantum computer. - Stock Titan - October 6th, 2026 [October 6th, 2026]
- D-Wave and University of Arkansas Launch Quantum Supply Chain Initiative - The Quantum Insider - October 6th, 2026 [October 6th, 2026]
- IQM receives Buy rating due to its on-prem quantum computer shipments: TD Cowen - Seeking Alpha - October 4th, 2026 [October 4th, 2026]
- First quantum computer to be rolled out from Amaravati by February 1, says Andhra CM as he announces Rs 500 cr deeptech fund with PanIIT - Fortune... - October 4th, 2026 [October 4th, 2026]
- Japan's Full-Stack Quantum Computer That Works At Room Temperature Has Just Gone Live, Powered By 50 Qubits - IFLScience - October 4th, 2026 [October 4th, 2026]
- A quantum computer operated in space for the first time: what it was used for and what problem it could solve - El Cronista - October 4th, 2026 [October 4th, 2026]
- Quantum computings dark horse just proved it can go universal - ScienceDaily - September 26th, 2026 [September 26th, 2026]
- Japan switches on its first full-stack room-temperature quantum computer - Live Science - September 26th, 2026 [September 26th, 2026]
- How Useful Is A Quantum Computer? Now We Have A Benchmark To Assess Just That - iflscience.com - September 26th, 2026 [September 26th, 2026]
- Chinas Qingxing Raises Nearly 100 Million Yuan to Develop Quantum-Inspired AI - The Quantum Insider - September 26th, 2026 [September 26th, 2026]
- Quantum Computers Just Recreated How Matter Was Born In The Big Bang - HotHardware - September 26th, 2026 [September 26th, 2026]