Organization: MaRS Discovery District

The Short Report, June 26, 2019: Dementia, Ontario chief scientist, AI for travel

The Canadian Consortium on Neurodegeneration in Aging is receiving $46 million over five years: $31.6 million from the Canadian Institutes of Health Research and $14.4 million from partners, including the Alzheimer Society. Headquartered at Baycrest in Toronto, the second phase of CCNA’s research program will include a large-scale study to evaluate the effectiveness of new…

The Short Report – April 17, 2019: Indigenous innovation, Ontario budget, scaling network

Western Economic Diversification Canada (WD) announced more than $1 million over four years for a new Social Purpose Institute (SPI), launched by United Way of the Lower Mainland. The initiative aims to promote economic growth and social purpose in British Columbia.  – Newswire The governments of Canada and Quebec are investing $8.4 million in Uniboard Canada…

Toronto and Shenzhen launch the Sino-Canada International Innovation Centre

The cities of Toronto and Shenzhen, often called Silicon Valley North and Silicon Valley of China, respectively, will open the Sino-Canada International Innovation Centre this month at a ceremony in Toronto. The Sci Innovation Centre is intended to increase cooperation between Chinese and Canadian entrepreneurs and companies in the following industry sectors: electronic technology, ICT, biotechnology, cleantech…

LG Electronics launches new AI Lab in Toronto

Korean tech giant, LG Electronics Inc. (LG) is launching the “LG Electronics AI Research Lab”, an extension of LG’s existing AI Research Lab in Silicon Valley, at the Univ of Toronto. The new facility is the latest LG AI lab, joining existing labs in South Korea, India, and Russia, as a part of LG’s growing…

Feds announce $155 million to help natural resources sector address climate change

The federal government has announced a $155-million program to help the natural resources sectors address climate change by developing and deploying clean technologies that will lower their notoriously high greenhouse gas emissions. The funding under the new Clean Growth Program (CGP) is aimed at the energy, mining and forestry sectors for pre-commercial projects between technology readiness levels 3 to 9.

Yung Wu

Toronto innovation hub MaRS Discovery District has named Yung Wu as its new CEO effective Nov 1. Wu is a pioneering entrepreneur, serial investor and chairman of NFQ Ventures, a venture capital firm that invests in seed or early-stage funding. Wu will succeed outgoing CEO Ilse Treurnicht, who has been CEO since in 2005. MaRS…

MPs see resource industry’s problems as potential boon for clean tech

Clean technology and traditional resource industries like oil and gas may seem like strange bedfellows but federal politicians hope closer ties between the sectors will enable Canada to meet two of its biggest challenges: reducing greenhouse gas (GHG) emissions and creating jobs. Debbie Lawes reports

Uber opens automotive-focused AI research group in MaRS centre

Uber Technologies Inc is establishing an artificial intelligence (AI) research group at the MaRS Discovery District focused on self-driving vehicles to draw on the region’s world-class AI talent pool. Uber has recruited Univ of Toronto professor Dr Raquel Urtasun, a Canada Research Chair in Machine Learning and Computer Vision, to head up the research group.…