Topic: aerospace industry

The Short Report – July 20, 2022: Another step toward a vertically-integrated EV supply chain for Ontario, an Atlantic alliance to advance ocean science, a boost for digital innovation in Canada, and more.

Umicore set to build industrial scale battery materials manufacturing plant in Ontario; Ottawa commits to advancing cooperative ocean science and sustainability with international partners, India’s Tata Consultancy Services opens Pace Port Toronto to spur digital innovation, and more.

By the Numbers: R&D in Canada’s aerospace industry

Canada has the fifth largest aerospace industry in the world and 93 percent of Canadian aerospace firms export products to other countries. But aerospace employment and share of GDP have been decreasing since 2012, according to research on the sector.

After billions in funding, Strategic Innovation Fund failed to improve Canada’s innovation performance, experts say

Nearly $3.4 billion in federal spending through the Strategic Innovation Fund (SIF) during the last three years has failed to improve Canada’s “disastrous” innovation performance and productivity, say some innovation and policy experts. An analysis by Research Money of SIF data shows that Ontario, Quebec and foreign-based firms have received the lion’s share of SIF funding.