New asset management platform to help communities build smarter receives federal investment

PrairiesCan supports Regina company advancing AI-enabled asset management technology

REGINA, SK, Sept. 3, 2026 /CNW/ -- 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.

New asset management platform to help communities build smarter receives federal investment

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.

Quotes

"At defining moments in its history, Saskatchewan has responded by building. Today, as Canada navigates a changing global economy, we are building strength at home by supporting Canadian businesses developing the technologies we need to build smarter. ASI Engineering's new platform will help communities make more informed investments, strengthen their infrastructure and get better value from the assets people rely on every day."
–The Honourable Eleanor Olszewski, Minister of Emergency Management and Community Resilience and Minister responsible for Prairies Economic Development Canada (PrairiesCan)

"When we support Saskatchewan businesses like ASI Engineering, we're investing in world-class innovation developed right here at home. This nearly $1 million in federal support from PrairiesCan will help the company bring new technology to market so that they give clients better information to manage their infrastructure, control costs, and plan for the future."
–The Honourable Buckley Belanger, Secretary of State for Rural Development

"This support will help speed up ASI Software's development, bring it to market sooner, and help organizations better manage assets, reduce risk, prioritize investments, and create a positive impact on society faster."
–Darren Wiebe, Founder & CEO, ASI Engineering

Quick facts

• ASI Engineering expects to expand their market reach to the United States and Europe within the next two years.
• Support for ASI Engineering is provided under the Business Scale-up and Productivity Program (BSP), which offers interest-free, repayable funding for high-growth businesses that are seeking to improve productivity, scale-up, and commercialize technology.
• ASI Engineering plans to add climate adaptation and risk-modelling tools to help organizations prepare for wildfires, flooding and other infrastructure threats.
• Future updates to ASI Software will integrate AI, 3D building management and digital twins (live virtual models of physical objects, systems or processes) to strengthen condition assessments, identify risks and support better infrastructure decisions.

Associated links

• Prairies Economic Development Canada (PrairiesCan)
• Business Scale-up and Productivity (BSP) in the Prairie provinces
• Asset Strategy Inc. (ASI Engineering)

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SOURCE Prairies Economic Development Canada

Contacts: Soraya Lemur, Press Secretary, Office of the Hon. Eleanor Olszewski, Minister of Emergency Management and Community Resilience and Minister responsible for Prairies Economic Development Canada, [email protected], 343-574-6781; Tunde Oyateru, Communications Manager, Prairies Economic Development Canada, [email protected], 639-382-3753