2012 has been a tumultuous year for Canadian S&T. From protesting scientists to continuing weakness in business R&D, the future of innovation in this country is far from clear. Reports released this year show that the excellence of Canadian research is world class but the sectors relying on that research are suffering from a lack of clear policy direction.
Other companies may follow
Canada’s top corporate R&D spender — Research In Motion Ltd (RIM) — is considering offshoring future R&D projects as a result of recent cuts to the scientific research and experimental development (SR&ED) tax credit program.
Conference Board of Canada initiative
Too few Canadian firms actually track and measure their innovation performance and many appear to have little interest in markets outside of North America. Those are just two key findings of a forthcoming report by the Conference Board of Canada’s Centre for Business Innovation (CBI) examining firm-level innovation.
Despite the creation of a new ministry, the launch of a National Policy for Research and Innovation (PNRI) and encouraging words for research and innovation, the recent Quebec Budget is reducing the amount the provincial government provides to its granting councils.
Celebrating 15th anniversary
The Canada Foundation for Innovation (CFI) won’t be requesting new funding in the next federal Budget but will be seeking a commitment of predictable, sustainable funding in future years.
Dr Gilles G Patry, President and CEO, Canada Foundation for Innovation
Creating space for innovation in Canadian communities
By Dr Gilles G. Patry
The Canada Foundation for Innovation started 2012, our 15th year, with a refreshed brand and a new tagline — research builds communities.
A slowly expanding economy, federal cutbacks to R&D and stagnant industrial R&D spending have combined to push Canada’s GERD-to-GDP ratio down to its lowest in 15 years, according to the new preliminary data from Statistics Canada.
12th Annual RE$EARCH MONEY conference
Budget 2013: Checking the Pulse of Canada’s Innovation Policies
April 9-10, 2013
National Arts Centre,, Ottawa
Tom Jenkins, Executive Chairman and CTO, Open Text Corp
Lanis Anthony, Chief Entrepreneurial Officer, CCINC Group of Companies
Tim Bradshaw, Head of Research and Innovation Policy, The Russell Group, UK
Helen Braiter, Director, Canadian Innovation Commercialization Program (CICP)
Charley Lax, Managing General Partner, GrandBanks Capital, Boston
Jerome Le Corvec, President & CEO of Aonix Advanced Materials Corp
David Watters, President, Global Advantage Consulting Group Inc.