Organization: IBM Canada

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 – April 21, 2021: SIF gets $7.2 billion in 2021 federal budget, BC budget invests in new strategic fund, Biden’s funding surge, a boost for the Stem Cell Network, and more

The 2021 federal budget gives a big boost to the NRC’s Industrial Research Assistance Program, BC budget provides $500 million to new fund for tech startups, US President Joe Biden proposes funding surge for federal research agencies, Canada’s Stem Cell Network to receive $45 million dollars for regenerative medicine therapies, and more.

Canada needs a targeted industrial strategy to improve innovation performance, experts say

Canada’s continued poor performance in innovation and business productivity is due to a failure to link publicly funded research and innovation programs to an industrial strategy based on the country’s strengths, say innovation experts. Meanwhile, studies by University of Toronto researchers show the federal innovation agenda has negatively impacted funding for basic, investigator-driven research but hasn’t addressed the underlying problem of industrial innovation in Canada.

The Short Report, December 11, 2019: Wexit spooks Wattpad; Montreal’s swelling video-game sector; North promises better next time

The Toronto-based e-publisher Wattpad has chosen to open its second headquarters in Halifax rather than Calgary, due to concerns about Western separatism and the elimination of Alberta tax credits supporting companies in the innovation economy. Five business tax credit programs were cut, including the Investor Tax Credit introduced by the previous NDP government, which provided a 30%…

New big data initiative to support Canada’s ocean economy

The federal government, industry and academia have officially launched DeepSense, a “big ocean data innovation environment” based at Dalhousie University in Halifax. The partnership will enable companies to benefit from technology solutions for real-world ocean-related data challenges and help them make better-informed commercial decisions. DeepSense will also create a pool of highly qualified people with…