Canada’s Top corporate R&D spenders reported a 7.5% increase in FY2019 R&D spending, down from 2018 but still described as “a very strong year”
Organization: Bombardier Inc
The Short Report, January 8, 2020: Forward with 5G in central Canada; Ottawa buys a laser; a faster path to accessible AI
Rogers Communications and the University of Waterloo are partnering to build the first 5G network in central Canada, for research into 5G-related engineering, network design, applied mathematics and artificial intelligence. The partnership is part of a broader $20-million program by Rogers to invest in Canadian 5G research and development. The company has already collaborated with the…
Corporate R&D enjoys double-digit growth in 2018 with outlays of $13 billion by the top 100
Canada’s Top 100 corporate R&D-performing companies far exceeded 2017’s outlays, jumping from a 0.07% to a 10.6% increase in R&D spending in 2018. But big R&D champions remain scarce.
New data reveal little change in business R&D spending by top-ranked companies
Canadian companies’ R&D spending grew 1.3% in 2016 to reach $12.8 billion, according to a report of Top 100 Corporate R&D Spenders by Research Infosource Inc. By comparison, R&D spending increased by 6.9% between 2014 and 2015.
Modest spending increases suggest Canadian companies still value R&D
R&D spending Canadian companies grew at a modest 1.3% in 2016 to reach $12.8 billion, according to a report of Top 100 Corporate R&D Spenders. The growth in FY16, however, pales in comparison to the 6.9% increase between 2014 and 2015.
TDP awards $54 million to Bombardier-led consortium
The Technology Demonstration Program (TDP) has awarded $54 million to a consortium of aerospace companies led by Bombardier Inc to develop electric and aerodynamic systems that reduce energy consumption, and produce more reliable and quieter aircraft. The new systems will replace traditional pneumatic and hydraulic systems and add electronic interfaces to conventional mechanical flight controls.…
R&D hit hard in Bombardier layoffs
Bombardier Inc is laying off 7,000 employees including 800 personnel engaged in aerospace product development engineering as part of a company restructuring prompted by cost overruns and weak sales of its C Series regional aircraft. The cuts come as the Montreal-based firm secured a new order for up to 75 of its C300 jets from…
Pratt & Whitney gets facility upgrade and R&D centre
Pratt & Whitney Canada has embarked on a $275-million, five-year investment in its Quebec facilities and new technologies including an $80-million World-Class Centre of Excellence for Intelligent Manufacturing. The investment by parent company United Technologies Corp, Hartford CT, includes a $19-million contribution by the Quebec government to preserve existing jobs and support the new R&D…
Bombardier sells military aviation services division
The military aviation services unit of Bombardier Inc has been acquired by L-3 Communications Corp, New York City, the same firm that acquired Spar Aerospace in early 2001. The Bombardier unit was purchased for US$90 million….