Innovation Science and Economic Development Canada, in a detailed response to growing criticisms, defends the federal government’s innovation performance, policies and programs.
Topic: government procurement
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 Bank of Canada is partnering with the Bank for International Settlements (BIS) to launch a BIS Innovation Hub in Toronto; National Bank of Canada’s venture-capital arm NAventures announced it will make an additional minority investment of up to $50-million in Toronto-based robo-advisor Nest Wealth; the federal government will invest $40 million over three years in the Union Training and Innovation Program; and more.
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.