The new Canada Innovation and Investment Agency faces daunting challenges and will need political autonomy, be free to take risks in picking companies and sectors for funding, and have strong private sector support to succeed in increasing business R&D investment and innovation, say innovation and policy experts.
Topic: Scientific Research and Experimental Development Tax Incentive Program
Canada lacks policy and financing links to grow scaleups into global firms, say stakeholders
Better government policy and sustained financing from Canada’s big banks needed to grow scaleups into global firms.