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Pratt & Whitney Canada lands massive TPC loan to help launch three R&D projects for small turbine engines

Technology Partnerships Canada (TPC) is providing Pratt & Whitney Canada (P&WC) with $207 million — the single largest amount of funding assistance since its launch in 1996. The three projects are worth more than $1 billion and underpin P&WC’s small gas turbine engine program, helping to solidifying its status as Canada’s premier performer of aerospace-related R&D

P&WC — a subsidiary of United Technologies Corp, Hartford CT — has a global mandate for small gas turbine engines and supports a staff of more than 6,500 in Canada.

Ontario government funds energy OCE

A long-awaited Ontario Centre of Excellence (OCE) for energy has finally been given the go-ahead with a virtual operational model and funding of $8 million over four years. The Centre for Energy (CFE) will operate as a division of the recently consolidated OCE program and focus on the development of new energy technologies, their integration into the provincial energy system, the development of information systems to manage new markets and training of highly qualified personnel.

Canada’s total R&D effort boosted by increases in higher education spending

Other sectors remain flat

Total R&D spending in Canada is estimated to increase 5.1% this year to $24.5 billion in 2004, due mostly to increased federal support for the higher education sector. Statistics Canada says the modest increases projected for 2003 and 2004 “indicate a recovery” after gross expenditures on R&D (GERD) decreased in 2002 for the first time since the department started tracking R&D.