Umicore set to build industrial scale battery materials manufacturing plant in Ontario; Ottawa commits to advancing cooperative ocean science and sustainability with international partners, India’s Tata Consultancy Services opens Pace Port Toronto to spur digital innovation, and more.
Organization: PwC
Expert panel debates effectiveness of direct R&D funding vs. SRED tax credits
The number of direct government funding programs in Canada aimed at increasing private sector R&D and innovation has tripled during the last three years, despite a lack of scientific evidence showing such support is effective.