In this week’s The Short Report, the Government of Alberta contributes $20 million for vaccine R&D, a Canadian Infrastructure Bank invests in Ontario’s energy grid, 5G wireless tech to increase safety and reliability in the mining industry, Palette Skills leads consortium to address talent gaps in a post-COVID economy, and more.
Organization: Canada Infrastructure Bank
Government and business investment in electrical-grid connected battery energy storage is growing, driven by lower costs for the technology and Canada’s goal of achieving net-zero emissions by 2050.
Genome Canada launches a SARS-CoV-2 data portal to consolidate variants of concern data in one place, Calgary’s Suncor Energy invests in carbon capture technology to offset GHG emissions, Government of Canada invests $185 million in an agricultural program to share best practices for storing carbon, and more.
Michael Sabia is the new deputy minister of Finance; a consortium of food-based businesses will test new applications for pulse flours; British-based Hg Capital will spend $1.1 billion to assume majority control of Calgary-based Benevity; Canada’s top 50 research universities posted a combined research income of $8 billion in fiscal 2019.
The U.S. State Department warned it will reassess its intelligence-sharing arrangement with Canada if Huawei is allowed to participate in building Canada’s 5G network. “We in the U.S. government have made it very clear to all of our friends and allies around the world that if Huawei is allowed into a country’s national security systems, we will…
Microsoft is partnering with Invest Ottawa and the Bayview Yards business accelerator to offer technical and business resources to entrepreneurs. Called Microsoft for Startups, the program gives innovative Ottawa companies access to its cloud services, enterprise sales team and partner ecosystem. – Ottawa Matters Canada Infrastructure Bank CEO Pierre Lavallée signalled the bank is considering an investment…
The federal government’s new Arctic policy framework faces huge challenges, amid growing calls for “nation-building” action in the North.