In a recent report for the Brookfield Institute for Innovation + Entrepreneurship, Sheldon Levy, special advisor to the federal minister of small business and export promotion, argued that government should identify and support select firms with high potential to become global competitors. “There are many countries that have to pick their laneway and can’t be the best at everything all the time,” Levy told Research Money.
Organization: Government of Ontario
A new Ontario venture fund to drive innovation and growth, the largest Alliance Grant in Dalhousie U’s history to make electric vehicles more accessible, a $10 million gift to UGuelph’s G360 Institute boosts global groundwater research, and more.
Ottawa invests more than $44 million to bolster cleantech R&D innovation, US President Joseph Biden asks for US $13.5 billion increase in federal R&D spending, the University of British Columbia’s COVID-19 rapid testing clinic to be a first in Canada, and more.
Canada’s three research funding agencies have launched the Tri-agency Interdisciplinary Peer Review Committee; Alberta creates a platform to boost clinical trials; Ontario Tech University is designated a collaboration centre by the UN International Atomic Energy Agency, and more.
Ottawa invests $80 million to position Canada as a cyber security leader, German and Canadian institutes partner on material acceleration centre, the third Arctic Science Ministerial promotes Arctic science collaboration and Indigenous research priorities, and more.
This week in The Short Report, the Canadian Association of Science Centres receives funding to address vaccine misinformation while U of T targets strategies to reduce fear of needles; the University of Alberta receives industry funding to bolster wheat-breeding capacity, the Rideau Hall Foundation recognizes excellence in innovation, and more.
VC investment in Canada hit its second highest level last year, Canada’s annual Gairdner awards announced, Quebec SMEs benefit from a $9 million e-commerce boost, Ontario invests in autonomous vehicles, and more.
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.
Ottawa announces major funding to expand Sanofi Pasteur’s Ontario facility for domestic biomanufacturing and vaccine preparedness; there’s new funding support for COVID-19 variants research and a new national network, and Siemens launches its first centre to accelerate the digitalization of energy and infrastructure in Canada.
Performance-based funding proposed by some provinces for post-secondary institutions uses flawed indicators and hasn’t worked in other jurisdictions, Dr. Marc Spooner, PhD, professor of educational psychology at the University of Regina, says in an op-ed. “How governments can, in good conscience, ignore the damage these models have caused in other jurisdictions where they have been unsuccessfully implemented is difficult to understand.”