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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.

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.

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.

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.

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.

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.

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.

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 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.

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.