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.