Author: Mark Lowey

What Canada’s new innovation agency can learn from the rest of the world

The new Canada Innovation and Investment Agency faces daunting challenges and will need political autonomy, be free to take risks in picking companies and sectors for funding, and have strong private sector support to succeed in increasing business R&D investment and innovation, say innovation and policy experts.

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The Short Report – June 15, 2022: CREATE program receives new NSERC funding, feds provide up to $100M to Saskatchewan potash mine, Alberta invests in quantum hub, $24M for research on life-saving organ transplant technology, and more.

The Short Report – June 15, 2022: CREATE program receives new NSERC funding, feds provide up to $100M to Saskatchewan potash mine, Alberta invests in quantum hub, $24M for research on life-saving organ transplant technology, and more.

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Use it or lose it, says report on Canada’s AI advantage

The explosion of artificial intelligence innovation will transform the way research is done, but Canada must expand existing its strengths in AI or risk losing its competitive advantage in the technology, according to a new report by the Council of Canadian Academies.

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Alberta Innovates provides $9.1-million boost for the province’s tech SMEs

Alberta Innovates is investing more than 9.1 million in 15 projects aimed at supporting Alberta’s SMEs and addressing gaps in the innovation continuum from ideation to commercialization. The largest grant — nearly $1.35 million — went to Calgary-based Cybera Inc. for its newly established Applied Data Science Lab for Economic Development program.

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Federal investment required to build a cell and gene therapy ecosystem in Canada, says Innovation Economy Council

A report from the Innovation Economy Council, an industry coalition, argues that Canada’s biomanufacturing strategy must look beyond vaccines and move into the even more important field cell and gene therapies. Federal support will be crucial to ensuring that these facilities are located in innovation centres across the country where they can thrive.

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Federally funded project aims to build collaborative network of SMEs to grow B.C.’s ag-tech sector

The “AGtech Innovation Sandbox” in British Columbia — which received $10 million in federal funding — aims to build a collaborative network of SMEs to grow the province’s ag-tech sector, based on an innovation model used to support companies developing digital health technologies. Meanwhile, Vancouver is ranked No. 9 in the world’s top 35 “ag-tech and new food” ecosystems, according to a new report from Startup Genome.

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Canada’s first “credible” climate plan requires rapid policy implementation and massive investment, independent experts say

The federal government’s new climate plan is the most credible ever produced with the policies needed to meet Canada’s climate goals, but it will take accelerated policy implementation, massive private and public investment, and unprecedented technology deployment to actually achieve carbon emissions-reduction targets in 2030 and 2050, according to two independent think tanks.

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