Article Type: Generic

Genome Canada receives $165 million in new funding as it waits for completion of Industry Canada commercialization review

Genome Canada is back on track with new core funding of $165 million over three years and the imminent release of $60 million in funding announced in last year’s Budget but never released. The $225-million package will allow the not-for-profit corporation to complete a major competition launched last year, bolster its regional centres and pay for the operation of core facilities and overall administration.

Bell Helicopter receives assistance for major R&D project

The federal and Quebec governments are contributing $176.6 million towards a $726.6-million R&D project by Bell Helicopter Textron Canada Ltd (BHTCL) for the development of key technologies for a new family of Canadian-built civilian helicopters.

GM invests $2.5 billion in Canadian automotive technology and operations

General Motors is making a $2.5-billion investment in its Canadian operations with $425 million in assistance from the federal and Ontario governments. Under the banner of the Beacon Project, the investment — the largest in Canadian automotive history — has major R&D and skills training components and establishes a Canadian Automotive Innovation Network of universities and research institutes (see chart).

Auditor General report shines spotlight on accountability of research foundations

Genome Canada, CFI respond

By Debbie Lawes

Genome Canada’s president says his foundation would agree to a review by Auditor General (AG) Sheila Fraser if one was requested by Industry Canada. Responding to the AG’s latest report, released February 15, Dr Martin Godbout also stressed that his organization is “fully transparent and accountable” to government.