Ontario announces support for hundreds of research projects across the province; Quebec’s INO optics and photonics research centre gets a boost, Nova Scotia launches a forestry innovation centre, and more.
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After billions in funding, Strategic Innovation Fund failed to improve Canada’s innovation performance, experts say
Nearly $3.4 billion in federal spending through the Strategic Innovation Fund (SIF) during the last three years has failed to improve Canada’s “disastrous” innovation performance and productivity, say some innovation and policy experts. An analysis by Research Money of SIF data shows that Ontario, Quebec and foreign-based firms have received the lion’s share of SIF funding.