Organization: Council of Canadian Innovators

Court ruling on aerospace R&D tax credit case affects entire tech sector

A Tax Court of Canada ruling that reduced a Montreal aerospace company’s federal Scientific Research and Experimental Development tax credits impacts the entire tech sector and further complicates a government incentive program already rife with problems and in need of reform, say innovation advocates.

The Short Report – Aug. 25, 2021: $100M to study safer railways, planning Canada’s first Mental Health Innovation Incubator, SSHRC Anti-Black Racism committee, and more…

FEDERAL ELECTION More than 200 Canadian tech and business executives are asking more of their peers to sign an open letter calling on federal political leaders to outline how Canada can achieve “prosperous, secure, equitable and sustainable” growth in a post-pandemic economy. Released Aug. 24, the letter stresses the need for Canada to adopt Canadian-made…

The Short Report – April 21, 2021: SIF gets $7.2 billion in 2021 federal budget, BC budget invests in new strategic fund, Biden’s funding surge, a boost for the Stem Cell Network, and more

The 2021 federal budget gives a big boost to the NRC’s Industrial Research Assistance Program, BC budget provides $500 million to new fund for tech startups, US President Joe Biden proposes funding surge for federal research agencies, Canada’s Stem Cell Network to receive $45 million dollars for regenerative medicine therapies, and more.

The Short Report – April 14, 2021: Alberta invests in vaccine R&D, Ottawa brings wireless tech to mining industry, CIB shores up Ontario’s energy grid, and more

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.

Canada needs a targeted industrial strategy to improve innovation performance, experts say

Canada’s continued poor performance in innovation and business productivity is due to a failure to link publicly funded research and innovation programs to an industrial strategy based on the country’s strengths, say innovation experts. Meanwhile, studies by University of Toronto researchers show the federal innovation agenda has negatively impacted funding for basic, investigator-driven research but hasn’t addressed the underlying problem of industrial innovation in Canada.

Canada’s first patent collective launched with defensive “war chest” to protect Canadian IP

Canada has launched its first patent collective to help data-driven clean tech companies understand, generate and strategically use intellectual property in scaling up. The Innovation Asset Collective, backed by $30 million in federal funding, includes a defensive “war chest” to help Canadian SMEs defend their patents in an often predatory global IP marketplace.