Massive hike in R&D spending called for Martin's New Economy speech sets ambitious goals for R&D spending, investment and education


Finance minister Paul Martin has challenged Canada's S&T community to dramatically increase its annual R&D spending to $47.5 billion by 2010. The astonishing target was contained in Martin's September 14 New Economy speech to the Toronto Board of Trade and represents a three-fold increase over the total of $14.

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