The CPP Investment Board has invested $536 million in Google-backed Verse Innovation, B.C. business owners to benefit from better access to IP resources, the Experimental Lakes Research area gets a five-year boost from Ontario, and more.
Topic: forestry industry
The Short Report – June 30, 2021: Ontario invests $70M in R&D, Ottawa supports optics and photonics research, a Nova Scotia centre of forestry innovation, and more
Ontario announces support for hundreds of research projects across the province; Quebec’s INO optics and photonics research centre gets a boost, Nova Scotia launches a forestry innovation centre, and more.
Canada needs a targeted industrial strategy to improve innovation performance, experts say
Canada’s continued poor performance in innovation and business productivity is due to a failure to link publicly funded research and innovation programs to an industrial strategy based on the country’s strengths, say innovation experts. Meanwhile, studies by University of Toronto researchers show the federal innovation agenda has negatively impacted funding for basic, investigator-driven research but hasn’t addressed the underlying problem of industrial innovation in Canada.