Michael Sabia is the new deputy minister of Finance; a consortium of food-based businesses will test new applications for pulse flours; British-based Hg Capital will spend $1.1 billion to assume majority control of Calgary-based Benevity; Canada’s top 50 research universities posted a combined research income of $8 billion in fiscal 2019.
Person: Paul Rochon
The Short Report – Dec. 2, 2020: New investment will speed stem-cell research for Type 1 diabetes, Element AI approves American acquisition, and more
A new cybersecurity program to support research and education in Canada; Montreal’s Element AI acquired by Silicon Valley, and the Centre for Regulatory Innovation brings a whole-of-government approach to innovation and competition.