Organization: CAE

Strategic Innovation Fund producing “significant benefits” for Canadians, ISED says

Research Money asked Innovation, Science and Economic Development Canada (ISED) to respond to four questions about criticisms of the Strategic Innovation Fund (SIF) program. In response, ISED says SIF is producing “significant benefits” for Canadians, including new jobs created, co-op placements and investment in R&D and new technologies.

The Short Report – June 17, 2020: A big Silicon Valley innovation hub comes to Canada, Agri-Food steps up help for producers, and more

The Silicon Valley-headquartered innovation hub Plug and Play will open an office in Mississauga, its first base in the Canadian market. The expansion is being supported by chemical production company BASF. Plug and Play runs two programs per year across a variety of industries and its global locations, and has 300 corporate partners and 200 venture capitalists in its…

Newfoundland to get new helicopter R&D centre

The Hibernia Management and Development Company Ltd and Newfoundland’s Research & Development Corp are investing $13 million and $3.3 million respectively in a new helicopter training and R&D centre near St. John’s. The money will cover the cost of a CAE-manufactured new simulator — the first in the country with night vision capability — and…