Author: Mark Henderson

Finance Canada considers regulating fintech

Fintech’s Wild West ways may be coming to an end in Canada. On August 26, the Department of Finance launched the country’s first-ever consultations of the financial sector, including the relatively new but rapidly growing fintech sector.

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Ontario makes changes to enhance research and commercialization services for tech firms

The Ontario government is making key changes to two of its ministries to better support tech-based firms through their business cycle from research to the global marketplace. The changes impact the Ministry of Research, Innovation and Science (MRIS) and the Ministry of Economic Development and Growth (MEDG) with the creation of two new branches led by veteran bureaucrats.

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Report captures GDP, revenue and R&D impacts of Canadian aerospace industry

Government-industry collaboration

The aerospace industry experienced decreases in gross domestic product (GDP), R&D and employment in 2015 but those outputs remained positive between 2010 and 2015, according to new sectoral data generated by the Department of Innovation, Science and Economic Development (ISED).

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FedDev invests $12 million in Bioindustrial Innovation Canada

Bioindustrial Innovation Canada (BIC) will resume seed funding for firms commercializing bio-based technologies after a four-year lull. The Sarnia ON-based former Centre of Excellence in Commercialization and Research (CECR) received $12 million from the Federal Economic Development Agency for Southern Ontario (FedDev) through its Investing in Regional Diversification initiative and $3 million from Ontario’s Ministry of Research and Innovation and Science.

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CIHR changes peer review system following working meeting ordered by Health minister

The embattled Canadian Institutes of Health Research (CIHR) has agreed to modify its controversial new on-line peer review system. The move followed a terse directive from Health minister Jane Philpott to hold a July 13 emergency working meeting to address a tidal wave of dissent from thousands of health researchers across the country (R$, July 8/16).

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