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.
With the goal becoming a mainstream healthcare company, Smiths Falls, ON-based Canopy Growth Corp. has spun off a new division – Spectrum Therapeutics – to oversee the company’s commercial medical and clinical research operations including Spectrum Cannabis, Canopy Health Innovations, and recently acquired Germany-based C3Cannabinoid Compound Company, which develops cannabinoid-based medical therapies. – Canopy Growth…
A new study shows that efforts to innovate by women entrepreneurs are not being recognized because of a dominant focus on technologies. Titled Everywhere, Everyday Innovating – Women Entrepreneurs and Innovation, the report says women in Canada are innovating in all aspects of the business but are hampered by policies and programs that restrict the concept of innovation to technology and goods rather than services.
Canada has a constitution opposed to probability. Our founding principles are “peace, order and good government.”
There has been a tendency in recent policy papers to argue that a focus on entrepreneurship is the answer to Canada’s weak innovation performance. There is no academic study to back this assertion and if interested parties to pursue this myth, it will inevitably lead to confusion. Not only do entrepreneurship skills not equate to innovator skills, but rather entrepreneurs often rely on innovators to successfully carry out their projects.