Ottawa calls for “ambitious, transformative proposals” in manufacturing capacity as it boosts the semiconductor ecosystem, Canada’s post-secondary institutes receive $45 million for research infrastructure support, Canadian aerospace companies earn lucrative contracts, and more.
Organization: Scotiabank
New advanced research agency high on federal innovation minister’s lengthy to do list
Innovation, Science and Industry Minister François-Philippe Champagne is facing a very busy year, with a mandate letter from Prime Minister Justin Trudeau that includes more than 30 assigned tasks. They include establishing a new advanced research projects agency, launching a Canadian critical minerals strategy and a national quantum strategy and creating a global centre of excellence for eliminating methane gas emissions.
The Short Report – Nov. 10, 2021: Ottawa funds methane emissions monitoring, U of Sask. receives award to fund vaccine development, a swine research facility, and more
New funding for GHGSat’s expansion of satellites to detect methane emissions, USask’s VIDO receives a $6-million award for vaccine development from an international epidemic coalition, Ontario and Ottawa make investments in livestock research, and more.
The Short Report, April 22, 2020: Ottawa extends graduate research scholarships and post-doctoral fellowships; McGill prepares to decarbonize its investment pool; and more
Prime Minister Justin Trudeau today announced $9 billion in financial aid for post-secondary students, who will be eligible for up to $1750 a month from May through August, to compensate for the lack of summer jobs. Students can also earn money from the federal government for volunteering. Trudeau also raised the maximum weekly amount that can…
The Short Report, October 30, 2019: Bad loans, rocket propulsion, population growth
The Atlantic Canada Opportunities Agency (ACOA) is contending with defaulted loans worth $43.2 million dollars, comprising more than 10% of the federal agency’s $422.9-million portfolio. By comparison, only 3.3 per cent of the loans given out by the Business Development Bank of Canada were impaired as of March 31. – Financial Post University of Toronto’s seed-stage accelerator…
Canada lacks policy and financing links to grow scaleups into global firms, say stakeholders
Better government policy and sustained financing from Canada’s big banks needed to grow scaleups into global firms.
Canadian financial firms to invest up to $1B to help firms grow locally
A group of top Canadian banks and insurance firms are backing a fund that will help Canadian companies grow locally by filling an identified void in the capital market.