Innovation Science and Economic Development Canada, in a detailed response to growing criticisms, defends the federal government’s innovation performance, policies and programs.
Organization: regional development agencies
On August 7, the deadline closed for submissions to the pre-budget consultations process ahead of the 2021 federal budget, and Canadian organizations have been publishing their recommendations and suggestions.
The Short Report: Feds invest in mining sector, CSIS warns universities about China, new Supercluster projects, more COVID 19-related support for Indigenous businesses, University of Alberta geologist on Mars mission, and more.
Canada’s six regional development agencies will direct federal COVID-19 relief funding to small and mid-sized companies and sectors that fall between the cracks of other relief programs.
Putting Ottawa’s grand rescue plan for Canadian SMEs in context
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.
In what may be well be remembered as Canada’s first truly 21st century research and innovation Budget, the Liberal government has committed to investing more than $6.4 billion in scientific research, technology and business innovation assistance.