Author: Mark Henderson

L-3 WESCAM receives $75 million in SADI assistance for camera and sensor technology

Burlington ON-based L-3 WESCAM has received a $75-million repayable federal loan to boost the technological capabilities of its air, land and sea surveillance cameras and sensors. The loan from the Strategic Aerospace Defence Initiative (SADI) will be augmented with $2 million from WESCAM to help train students from universities and colleges.

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Quebec and France establishing joint maritime research and innovation institute

Quebec and France have agreed to create a bi-national institute aimed at developing large-scale joint projects for research and innovation in the maritime sector. The agreement was signed last week in Paris by French prime minister Manuel Valls and Quebec premier Philippe Couillard who was accompanied by Quebec chief scientist Dr Rémi Quirion.

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Concerns mount over Quebec’s support of academic research and innovation

Province aiming for zero deficit by 2016

Concern is mounting in Quebec’s research community that the current government’s drive to balance its books could result in cuts to research support for students, science culture and the province’s new National Policy for Research and Innovation (PNRI).

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Access to capital remains largest challenge to Ontario’s life sciences sector

A new report on Ontario’s life sciences (LS) sector says the province risks stalling over a decade of impressive growth unless it adopts a coordinated economic strategy. Produced by Life Sciences Ontario (LSO), the report quantifies the size and impact of the highly fragmented LS sector which includes 5,645 mainly small firms with revenues of $40.

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Toronto joins StartUp Canada family

Toronto is set to become the 20th StartUp Community following a grassroots initiative to join the flagship national program of StartUp Canada. In a meeting earlier this month, backers lined up volunteers prior an official launch of the chapter this May, opening access for entrepreneurs to a host of mentoring, networking, incubation and outreach activities provided by the national organization.

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