Organization: D-Wave Systems

New federal budget could include funding for a quantum institute as global race for quantum tech heats up

When Budget 2021 drops on April 19, some of Canada’s quantum researchers and entrepreneurs will be holding their breath. That is because the Standing Committee on Finance published a budget recommendation in February urging the federal government to “financially support the establishment of a quantum computing research institute in the Toronto area, similar to the Vector Institute.”

The Short Report – March 17, 2021: Canadian government invests heavily to bolster biomanufacturing, D-Wave Systems gets funding for quantum tech, Canada’s largest study on aging gets a top-up, and more

The Government of Canada seeks to bolster Canada’s biomanufacturing capacity, D-Wave receives $40 million to accelerate Canada’s quantum technology development, the federal government invests in Canada’s longest-ever study on aging, Quebec’s Lion Electric gets ready to break ground on a new battery manufacturing plant, and more.