Five Ontario post-secondary institutions establish a hub to advance climate action solutions, a global initiative bolsters internet routing, the Tanenbaum Open Science Institute (TOSI) at The Neuro announces a new partnership, and more.
Organization: Export Development Canada
Court ruling on aerospace R&D tax credit case affects entire tech sector
A Tax Court of Canada ruling that reduced a Montreal aerospace company’s federal Scientific Research and Experimental Development tax credits impacts the entire tech sector and further complicates a government incentive program already rife with problems and in need of reform, say innovation advocates.
Aerospace industry calls for more government support, despite significant public subsidies
Canada’s aerospace industry is calling for a national strategy for the sector and more government support for innovation. But critics argue that aerospace is already one of the most subsidized industrial sectors in Canada and, if can’t survive in the global marketplace without continuous public funding, should be allowed to die.
The Short Report – July 21, 2021: Canada’s fast-growing tech talent, UBC joins global autism initiative, and more
A CBRE report shows Canada has some of the fastest growing tech talent pools In North America, UBC joins a global network to personalize autism care, and more.
Ottawa defends innovation performance and initiatives to strengthen ecosystem
Innovation Science and Economic Development Canada, in a detailed response to growing criticisms, defends the federal government’s innovation performance, policies and programs.
The Short Report – Sept. 30, 2020: CARIC wraps up operations, U of T receives its largest donation yet, and more
The University of Toronto Faculty of Medicine will benefit from a $250 million donation to support advances in human health and health care; Roger Scott-Douglas is the acting new president of the National Research Council of Canada.
Canada’s next industrial strategy needs to focus on business innovation
By Bert van den Berg The New North Star II report should be lauded for suggesting the creation of a national, challenge-driven industrial strategy. As others have noted, such a strategy would represent an important change for Canada. Past decades have seen a laissez-faire approach focused on ensuring favourable business conditions … an approach that…
Communitech launches Outposts program to help Canadian companies expand internationally
Waterloo-based accelerator Communitech has a launched a new service to help scaling tech companies enter new markets more quickly and easily by handling the complexities and headaches of international hiring.
Export Development Canada commits $32M in financing to cleantech firm Ecolomondo
The financing will be used to build a thermal decomposition facility for processing tire waste, in Hawkesbury, Ontario.
MoneyTree-PwC report: VC-backed deals up in Q2 as interest in AI soars
The venture capital community in Canada was upbeat in the second quarter of the year, investing in 116 deals from 112 in the first quarter. But the value of investments dropped by 7% to only US$900 million compared to the first quarter. Still, the latest MoneyTree report by PwC Canada and CB Insights noted a…