Author: Mark Henderson

CFI’s big Budget win will maintain and grow nation’s research infrastructure for years to come

The federal budget’s $1.33-billion allocation to the Canada Foundation for Innovation (CFI) represents the single largest disbursement in the organization’s 18-year-old history. Beginning in FY17-18 and spread over six years, the funding goes a long way to capitalizing many of the CFI’s existing funds while allowing ample time to consult, plan and hold future competitions.

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CERC program should be continued but improvements recommended: evaluation

The first comprehensive evaluation of the Canada Excellence Research Chairs (CERC) program recommends that it be continued for another five years to attract more international research talent to the country, support the government’s objective of achieving global excellence in research and assist universities in building research capacity in the priority areas outlined in the federal S&T Strategy.

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First quarter venture funding best since 2007 but fundraising suffers steep decline

Preliminary venture capital data indicate that Canada is on track to have its best first quarter for investment since 2007 – prior to the economic downturn – with $431 million in financings. Released by Thompson Reuters, the data show that the information technology sector received the greatest share of quarterly investment ($260 million/60.

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