The Ontario Innovation Trust (OIT) has invested $18 million in a variety of research infrastructure projects at the Univ of Western Ontario (UWO), including $9.6 million for the Canadian Light Source (CLS), a $173.
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Innovation Contest
DY4 Systems Inc, Kanata ON, has launched its Teknov 8 Technological Innovation Challenge with a prize of $50,000 going to the winning entry. Contestants must develop a business plan and a new venture with a deadline of January 1/01.
Correction
In RE$EARCH MONEY, Vol 14, No. 1, incorrect data was inadvertently published on the MRC/Rx&D Research Program. The correct figures for the institutions affected are: Sunnybrook Health Sciences Centre ($142,456); Univ of Western Ontario ($1.
Budget’s tax reduction initiatives please business crucial change to federal R&D tax credit program raises concerns
The federal government has initiated a series of cautious but encouraging tax reduction measures geared to bringing Canada business in line with its major competitors, particularly in the high technology sector.
Government treatment of S&T proposals raises spectre of shadow science budget
The contents of the federal Budget pose a challenge for those seeking to comprehend the rationale behind the seemingly scattershot response to the basket of science and technology proposals seeking a piece of the growing federal surplus.
Genome Canada scores with $160 million in year-end money to establish national research program
The federal government has given the go-ahead to Genome Canada with $160 million in funding in an attempt to propel Canada back into the rapidly evolving sector, three years after Ottawa’s ill-fated 1997 decision to curtail support for the Canadian Genome Analysis and Technology (CGAT) program.
Canada Foundation for Innovation to examine revamping of mandate following $900 million grant for Phase II
The Canada Foundation for Innovation (CF) is about to embark on a thorough re-examination of its program delivery to determine how it can best contribute to Canada’s branding as an internationally competitive player in the science and technology arena.
Alberta launches permanent endowment to fund since and engineering research and unveils new economic development blueprint
Twenty years after the idea was first conceived, Alberta has finally moved to establish a $500 billion endowment for science and engineering, with the potential to ramp up to $1 billion by 2005 if oil and gas revenues remain strong.
PRECARN to expand scope of pre-competitive research with $20 million Budget announcement
PRECARN Associates Inc enters Phase III of its pre-competitive research program with double the federal funding it received for Phase two, courtesy of a $20-million grant in year-end money in last month’s federal Budget.
Details on Canada Research Chairs program await Cabinet approval of enabling legislation
The federal government is steaming ahead with the formation of the Canada Research Chairs (CRC) program, creating 2,000 research chairs over the next five years at a cost of $900 million to create a new breed of virtual university.

