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Feds provide CFI with long term stability with $750 million in year-end cash

The Canada Foundation for Innovation (CFI) program has been extended to 2010 with a new contribution of $750 million in year-end federal funding. The unusual step of adding to the CFI war chest comes just five months after the government added $500 million to its accounts and years before the new funding will be required, eliciting charges from some quarters that the Liberals are acting irresponsibly by dumping surplus money on the eve of a possible recession.

CFI’s international funds taking shape

The CFI is finalizing implementation plans for its two-part, $200-million international fund . Following a March 7 board of director’s meeting, the $100-million international joint venture fund is preparing to solicit letters of intent.

Manning turns up heat on CNF funding decision

Natural Resources Canada minister Ralph Goodale says the Canadian Neutron Facility (CNF) is still on the table for possible future funding and is still being weighed against other research priorities.

NRC unveils record royalty payment at awards dinner

The National Research Council (NRC) took advantage of its annual Outstanding Achievement Awards dinner to announce the largest single royalty payment ever received by a government agency for royalties on sales for an invention.