The following is an extract of the Speech from the Throne delivered on October 16th by governor general David Johnston.
Our government's leadership in science and technology helps Canadian business remain competitive while creating high-paying jobs. Since 2006, our Government has invested more than $9 billion to support science, technology and innovative companies operating at the outer limits of knowledge.
• Canada now leads G-7 countries in post-secondary research investment.
• Transformation of the National Research Council, doubling the Industrial Research Assistance Program, and the new Venture Capital Action Plan are all helping to promote greater commercialization of research and development.
• Building on this strong foundation, our government will release an updated Science, Technology and Innovation Strategy.
• Our government will continue making targeted investments in science and innovation chains from laboratory to market in order to position Canada as a leader in the knowledge economy.
• And our government will continue to promote Canada as a world-class destination for international students."