Article Type: Generic

Canadian R&D intensity takes a dip despite a healthy increase in projected spending

Canada’s spending on R&D is increasing at a respectable clip but the economy is growing even faster, pushing down the key ratio of gross expenditures on R&D (GERD) and gross domestic product (GDP). The impact of a rapidly expanding GDP leaves the ranking of Canada’s R&D spending mired near the bottom of OECD nations and will make Finance minister Paul Martin’s goal of moving into the top five by 2010 even more difficult to achieve (R$, October 2/00).

Private non-profit R&D spending dominated by medical sciences

If Ontario-based medical sciences are discounted, there isn’t a whole lot of R&D left to count in Canada’s private, non-profit (PNP) sector. That’s the picture created by Statistics Canada’s latest data on the sector, which show that medical sciences conducted by research institutes comprise the bulk of sectoral spending, with the vast majority conducted in Ontario.

Ontario government outsources administration of two largest R&D funds

The Ontario government has created a non-profit company to take over the administration of its two largest R&D funds and has appointed a former DM to run the show. The Innovation Institute of Ontario (IIO) has been established as a subsidiary of the Ontario Innovation Trust (OIT), the arm’s length agency responsible for providing matching funds to universities and institutes that secure federal infrastructure support from the Canada Foundation for Innovation.

MEDICAL BRIEFS

CMDF hikes provincial credit by 5 per cent
The Canadian Medical Discoveries Fund (CMDF) has been given a new incentive to attract investment courtesy of a new tax credit introduced last fall by the Ontario government.

NEWSBRIEFS

Ontario government invests $50 M in cancer research
The Ontario government has accepted the recommendations of a working group led by Dr Calvin Stiller and is investing $50 million in cancer research through the new Ontario Cancer Research Network.