Topic: Clean Tech

The Short Report, December 11, 2019: Wexit spooks Wattpad; Montreal’s swelling video-game sector; North promises better next time

The Toronto-based e-publisher Wattpad has chosen to open its second headquarters in Halifax rather than Calgary, due to concerns about Western separatism and the elimination of Alberta tax credits supporting companies in the innovation economy. Five business tax credit programs were cut, including the Investor Tax Credit introduced by the previous NDP government, which provided a 30%…

Feds announce new innovation and growth strategy for Quebec

The Canadian government has introduced a Federal Strategy on Innovation and Growth for the Quebec Regions. The new plan aims to support region-specific initiatives that will foster innovation, entrepreneurial activity and the creation of well-paying jobs. Piloted by Canada Economic Development for Quebec Regions (CED), the strategy focuses on four priorities: innovation and clean tech;…

General Fusion wins $49.3 million SIF funding for clean tech development project

The Ministry of Innovation, Science and Economic Development (ISED) will invest $49.3 million from its Strategic Innovation Fund (SIF) to support technology development at General Fusion, a Burnaby, B.C.-based company seeking to commercialize fusion energy. Fusion energy is generated from reactions released by superheated hydrogen gas. The process is safe and produces no emissions or…