Article Type: Generic

Provincially funded research has escaped the cost cutting measures of the recent Quebec Budget which balanced the books for the first time in several years by reducing expenditures in key areas such as education.

U of O study issues final report

When the management of Nortel Networks Ltd pulled the plug in 2009, Canada’s largest technology company had $2.5 billion in the bank and a treasure trove of patents worth billions more.

Preliminary venture capital data indicate that Canada is on track to have its best first quarter for investment since 2007 – prior to the economic downturn – with $431 million in financings. Released by Thompson Reuters, the data show that the information technology sector received the greatest share of quarterly investment ($260 million/60.

Canada’s decision to fully back the Thirty Meter Telescope (TMT) project with $243.5 million over 10 years is being welcomed throughout the tightly knit astronomy and astrophysics research communities as a major step forward in Canada’s determination to remain a major player in the global drive to accelerate discovery of the universe.

14th Annual RE$EARCH MONEY Conference

S&T performers and policy makers from all sectors need to breathe life into the federal government’s new Science, Technology and Innovation (STI) Strategy and a policy review of the tax credit system for corporate R&D performers is long overdue.

Provincially funded research has escaped the cost cutting measures of the recent Quebec Budget which balanced the books for the first time in several years by reducing expenditures in key areas such as education.

Preliminary venture capital data indicate that Canada is on track to have its best first quarter for investment since 2007 – prior to the economic downturn – with $431 million in financings. Released by Thompson Reuters, the data show that the information technology sector received the greatest share of quarterly investment ($260 million/60.

Sustainable Development Technology Canada (SDTC) has awarded $27.3 million for 10 clean technology projects in British Columbia. The funding is provided through its popular SD Tech Fund and follows related announcements in Quebec and Ontario (R$, February 26/15).

Prompted by budget cuts, efficiency gains

Five years after its formation, Alberta Innovates – Technology Futures (AITF) is restructuring to further its objective of becoming more industry focused.

Burlington ON-based L-3 WESCAM has received a $75-million repayable federal loan to boost the technological capabilities of its air, land and sea surveillance cameras and sensors. The loan from the Strategic Aerospace Defence Initiative (SADI) will be augmented with $2 million from WESCAM to help train students from universities and colleges.