NEW ASSET MANAGEMENT PLATFORM TO HELP COMMUNITIES BUILD SMARTER RECEIVES FEDERAL INVESTMENT - Insurance News | InsuranceNewsNet

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September 4, 2026 Newswires
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NEW ASSET MANAGEMENT PLATFORM TO HELP COMMUNITIES BUILD SMARTER RECEIVES FEDERAL INVESTMENT

States News Service

The following information was released by the Government of Canada:

PrairiesCan supports Regina company advancing AI-enabled asset management technology

September 3, 2026 Regina, Saskatchewan PrairiesCan

At each defining moment in its history, Saskatchewan has responded by building. In the province's early decades, communities built the roads, schools, hospitals and communications networks needed to connect people across vast distances and lay the foundations of a growing province.

As Saskatchewan entered the post-war era, it built again. Highways expanded, rural communities gained access to electricity and telephone service, and new industries took root in energy, mining and manufacturing.

Today, Saskatchewan and Canada face another defining economic moment. As we respond to new and unjustified U.S. tariffs, governments across the country are focused on what they can control: building strength at home. That means building the homes, infrastructure and major projects Canada needs, while supporting Canadian companies developing technologies that help communities build smarter, plan better and make more informed investments.

Today, the Honourable Eleanor Olszewski, Minister of Emergency Management and Community Resilience and Minister responsible for Prairies Economic Development Canada (PrairiesCan), announced $980,000 in repayable funding for Asset Strategy Inc., operating as ASI Engineering, to further develop its proprietary asset management platform, ASI Software.

Municipalities and other organizations rely on roads, buildings, water systems and other public assets to deliver services, attract investment, and support long-term economic growth, particularly as communities work to strengthen resilience and position themselves for future opportunities. Maintaining clear, up-to-date information about these assets is essential for planning maintenance, anticipating future needs and ensuring limited resources are directed where they can have the greatest impact.

ASI Software will bring this information together through a cloud-based registry and client dashboard. The platform will provide visual summaries of asset conditions, track budgets over time and identify projected funding gaps and infrastructure deficits. AI-enabled reporting tools will support continuous monitoring and help organizations make better-informed decisions about what to maintain, upgrade, or build next.

By supporting Saskatchewan technology that helps communities plan and build with greater confidence, the Government of Canada is helping ASI Engineering bring its platform to market, pursue new opportunities at home and abroad, and contribute to stronger, more resilient communities.

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