Québec’s Chief Scientist, Rémi Quirion, heads the INGSA international network, Ottawa moves to accelerate innovation in Canadian mining, and more.
Organization: MaRS Discovery District
Federal Budget 2021 included the government’s largest-ever investments in intellectual property and IP services, underscoring the importance of protecting and leveraging IP for Canada’s economic growth, according to IP experts and heads of innovation groups.
The Toronto-based MaRS Discovery District innovation hub has hit the “pause button” on expanding to Calgary after more than a year of discussions with the University of Calgary and other players in Calgary’s innovation ecosystem. However, MaRS says it will continue working with and supporting Alberta companies during the scale-up stage from its Toronto base.
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.
Toronto-based MaRS Discovery District has proposed expanding some of its innovation components to Calgary. However, key players involved in exploratory talks say the $60-million “MaRS West” initiative will need to complement, not compete with, Calgary’s existing innovation entities and ecosystem.
The Short Report: Supporting Black tech professionals; high-speed Internet for rural Quebec, new university Indigenous research policy; DND funding for COVID-19 technologies; record angel investment; writing off oil sands assets.
Reports says BC needs boosts its R&D spending by $2.5 billion through partnerships with the federal government, the private sector and international investors.
The federal government is providing $1.2 billion in emergency funding to help startups and rural businesses survive the COVID-19 crisis. Participants in Canada’s innovation sector say government could also help by providing tax incentives, matching funding and loans for angel investment.
This week, innovation hubs closed their doors and moved programming online, researchers made a critical discovery for the development of a COVID-19 vaccine, and the University of Alberta eliminated 400 positions in response to steep funding cuts from the provincial government.