Budget 2012 - New S&T Spending
($ millions)
FY12-13
FY13-14
Total
Industrial Research Assistance Program
110
110
220
Industrial R&D Internship Program - MITACS
7
7
14
Business-Led Networks of Centres of Excellence
12
12
24
Forestry Innovation and Market Development Support
55
50
105
Canadian Innovation Commercialization Program
25
25
National Research Council
67
67
Scientific Research & Experimental Development tax credits
• Reduce Overhead Proxy Rate From 65% to 55%
-10
-10
• Remove the Profit Element from Arm's Length
• Contract Payments
-25
-25
• Canada Revenue Agency - SR&ED administration
4
2
7
Canadian Institutes of Health Research
15
15
30
Natural Sciences & Engineering Research Council
15
15
30
Social Sciences & Humanities Research Council
7
7
14
Genome Canada
10
50
60
Canadian Depression Research & Intervention Network
5
5
McMaster University - Health Outcomes Research Project
3
2
5
Natural Resources Canada - Medical Isotope Supply
7
10
17
NRCan Satellite Station Facilities: reception & data transmission
8
16
23
Canadian Institutes for Advanced Research
5
5
10
CANARIE
20
20
40
Atomic Energy of Canada Limited
105
1
107
Total
454
312
767
Less funds existing in the fiscal framework
149
97
246
Net fiscal cost
306
215
521
Note: Totals may not add due to rounding.