Federal Budget 2021 included the government’s largest-ever investments in intellectual property and IP services, underscoring the importance of protecting and leveraging IP for Canada’s economic growth, according to IP experts and heads of innovation groups.
UVic is the latest university in Canada to cut fossil fuels from its investment portfolio, Nova Scotia’s fish and seafood sector gets a boost, a promising snapshot of Ontario’s developing AI ecosystem, and more.
A recent OECD report offers new evidence on the impact of R&D tax incentives and direct funding of business R&D. The new analysis reveals that both types of support lead to different outcomes but similar increases in R&D performance.
A new $108.5-million technology and agri-food research and innovation network, supported by the federal government and industry, is expected to begin operations by the end of this month. Alberta Innovates’ Inventures conference also highlighted a new $40 funding challenge from Emissions Reduction Alberta to accelerate technology innovation in agriculture, agri-food and forestry.
Canada’s Top 100 corporate R&D-performing companies far exceeded 2017’s outlays, jumping from a 0.07% to a 10.6% increase in R&D spending in 2018. But big R&D champions remain scarce.
The Canadian Bank Note Company (CBN) has secured $40 million from the Strategic Innovation Fund (SIF) to launch a $220-million, five-year R&D project to commercialize technology underpinning atomically precise manufacturing.
Innovation, Science and Economic Development (ISED) minister Navdeep Bains has announced a new round of challenges through the federal procurement program Innovative Solutions Canada (ISC). Launched late last year, ISC is designed to support R&D at small and mid-size businesses by inviting them to create products that answer specific government needs or requests. Winning businesses…
Canadian companies’ R&D spending grew 1.3% in 2016 to reach $12.8 billion, according to a report of Top 100 Corporate R&D Spenders by Research Infosource Inc. By comparison, R&D spending increased by 6.9% between 2014 and 2015.
In the last few weeks, Canada has been in the global spotlight with its focus on science, technology and innovation (STI). Canada hosted the G7 leaders summit this year where two of the five themes were related to STI.
A large number of policy statements and reports on innovation have been published by the federal government over the last 20 years. These studies all reached the same conclusion – Canadians are exceptional at generating new ideas but very poor at converting these ideas into economically beneficial activities.