The Short Report: Supporting Black tech professionals; high-speed Internet for rural Quebec, new university Indigenous research policy; DND funding for COVID-19 technologies; record angel investment; writing off oil sands assets.
Organization: MaRS Discovery District
BC Innovation Commissioner’s final report calls for regional precincts to boost economic performance
Reports says BC needs boosts its R&D spending by $2.5 billion through partnerships with the federal government, the private sector and international investors.
Canada’s innovation sector secures new federal emergency support for startups
The federal government is providing $1.2 billion in emergency funding to help startups and rural businesses survive the COVID-19 crisis. Participants in Canada’s innovation sector say government could also help by providing tax incentives, matching funding and loans for angel investment.
The Short Report, March 18, 2020: Canadian researchers take first steps to a COVID-19 vaccine, University of Alberta announces drastic cuts, and more
This week, innovation hubs closed their doors and moved programming online, researchers made a critical discovery for the development of a COVID-19 vaccine, and the University of Alberta eliminated 400 positions in response to steep funding cuts from the provincial government.
The Short Report, June 26, 2019: Dementia, Ontario chief scientist, AI for travel
The Canadian Consortium on Neurodegeneration in Aging is receiving $46 million over five years: $31.6 million from the Canadian Institutes of Health Research and $14.4 million from partners, including the Alzheimer Society. Headquartered at Baycrest in Toronto, the second phase of CCNA’s research program will include a large-scale study to evaluate the effectiveness of new…
Ontario innovation hubs join forces on new scale-up platform, despite provincial funding cuts
The federal government’s $52.4M investment allows hubs to offer joint programs and services to support scaleups
The Short Report – April 17, 2019: Indigenous innovation, Ontario budget, scaling network
Western Economic Diversification Canada (WD) announced more than $1 million over four years for a new Social Purpose Institute (SPI), launched by United Way of the Lower Mainland. The initiative aims to promote economic growth and social purpose in British Columbia. – Newswire The governments of Canada and Quebec are investing $8.4 million in Uniboard Canada…
Toronto and Shenzhen launch the Sino-Canada International Innovation Centre
The cities of Toronto and Shenzhen, often called Silicon Valley North and Silicon Valley of China, respectively, will open the Sino-Canada International Innovation Centre this month at a ceremony in Toronto. The Sci Innovation Centre is intended to increase cooperation between Chinese and Canadian entrepreneurs and companies in the following industry sectors: electronic technology, ICT, biotechnology, cleantech…
LG Electronics launches new AI Lab in Toronto
Korean tech giant, LG Electronics Inc. (LG) is launching the “LG Electronics AI Research Lab”, an extension of LG’s existing AI Research Lab in Silicon Valley, at the Univ of Toronto. The new facility is the latest LG AI lab, joining existing labs in South Korea, India, and Russia, as a part of LG’s growing…
Feds announce $155 million to help natural resources sector address climate change
The federal government has announced a $155-million program to help the natural resources sectors address climate change by developing and deploying clean technologies that will lower their notoriously high greenhouse gas emissions. The funding under the new Clean Growth Program (CGP) is aimed at the energy, mining and forestry sectors for pre-commercial projects between technology readiness levels 3 to 9.