Mitacs’ long-term goal of supporting 10,000 internships annually has become a reality with a $211-million investment from the federal government. Announced in the recent federal Budget, the five-year funding commitment beings this FY at $12 million and ramps up to $80 million by FY21-22, providing an unprecedented infusion of post-secondary talent into industry and the not-for-profit sector.
The Canadian tech sector and associations representing the nation’s universities and scientists are swiftly organizing to criticize a “discriminatory” White House executive order they say impedes the flow of talent and ideas and marginalizes people based on their birthplace, race and religion.
The Lilwat Nation in interior British Columbia has received $7.2 million in federal funding to replace its existing Tszil Learning Centre for post-secondary education, research, lifelong learning and collaboration. The funding from Innovation, Science and Economic Development Canada will provide students, professors and researchers with new state-of-the-art facilities to advance research. The investment is described…
CMC Microsystems has been awarded $7 million over three years from the Canada Foundation for Innovation (CFI) for operations and maintenance (O&M) of its National Design Network. But the money comes with some big strings attached.
Several of the country’s largest institutional investors are finalizing an action plan that, if adopted, could halve the $4 billion capital gap that exists today for Canada’s rapidly expanding pipeline of early- and growth-stage companies.