The federal government’s investment of $887 million make Canada self-sufficient in manufacturing vaccines against COVID-19 and future pandemics, say medical and other experts. Along with Canadian-led vaccine development, Ottawa is investing in a network of small-scale vaccine manufacturing facilities that together will be able to produce enough vaccine for Canada’s population during pandemics.
Topic: Government Funding
Some of Canada’s 12,000 Canadian-owned small tech and innovative companies have already folded while others are being bought at fire-sale prices by large U.S. companies. Unless the government takes stronger measures, things will get worse, business leaders say.
Vancouver-based biotech firm AbCellera, using its technology spun off research at University of British Columbia, is fast-tracking testing and clinical trials of therapeutic antibodies against COVID-19.
A PhD student’s novel software is revolutionizing drug discovery and laying the groundwork for a COVID-19 vaccine.
The Short Report: Transatlantic AI projects, ocean startups, new aeronautics centre of excellence, Canadian startups in New York, advancing 5G networks, constructing mass timber buildings, agri-food sustainability, and more.
Canada’s Tri-Council of major government funding agencies and Indigenous partners across the country have co-developed a new Indigenous research strategic plan. The plan, which proposes a new interdisciplinary research and research screening model, represents a significant new approach by the federal government and a contribution to reconciliation. With implementation starting this spring, the strategy aims to ensure Indigenous peoples lead and control any research involving them.
Canada’s forest industry is tapping innovation with the aim of growing the nation’s GDP while slashing carbon emissions. Federal government funding and policy support for the innovation drive has been strong, say industry executives and innovation leaders. But more effort is needed to improve procurement programs and regulations, especially for biochemicals and biomaterials.
Alberta Innovates has launched a $15-million international competition to capitalize on the global carbon fibre market, which is projected to reach US$7.8 billion by 2024. Eventually, more than 100,000 barrels of bitumen could be used daily to produce carbon fibre.
New federal funding aimed at increasing Canada’s resilience to wildfire comes after a steep, 40-year decline in wildfire science and research. With hundreds of forest communities at risk from wildfire, the funding is encouraging but will need to be increased and sustained to make a difference, forest experts say.
Alberta and Saskatchewan partner on a feasibility study of commercial-scale carbon capture and storage at a cement plant — a North American first for the cement industry.