Research Money asked Innovation, Science and Economic Development Canada (ISED) to respond to four questions about criticisms of the Strategic Innovation Fund (SIF) program. In response, ISED says SIF is producing “significant benefits” for Canadians, including new jobs created, co-op placements and investment in R&D and new technologies.
Topic: Strategic Innovation Fund (SIF)
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.
Clean Resource Innovation Network (CRIN) was allocated $100M in the federal budget, and is aiming to make Canada the world’s cleanest oil and gas producer.
The Liberal government of Justin Trudeau has delivered a classic pre-election Budget, with targeted spending that extends to the research, development and innovation (RDI) file.
Ottawa is providing $49 million through the Strategic Innovation Fund to Calgary-based Inter Pipeline Ltd. for a project to produce polypropylene from propane.
The $40-million investment is part of a $112.6-million project to upgrade the company’s facilities in Regina, Saskatchewan, and Red Deer, Alberta.
Minister of Innovation, Science and Economic Development (ISED) Navdeep Bains announced the two investments at the World Economic Forum in Davos, Switzerland.
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…
In response to American tariffs on Canadian steel, economic development minister Navdeep Bains announced a $49.9 million Strategic Innovation Fund (SIF) investment to support an undertaking by steel company ArcelorMittal to modernize its facilities. The $205 million project aims to improve efficiency, sustainability, and productivity across its operations. With this investment, ArcelorMittal expects to reduce…
The Cambridge, Ontario-based company exactEarth Ltd. received $7.2 million in federal investment through the Strategic Innovation Fund (SIF). exactEarth uses satellite technology to track ships at sea and to optimize routing for the global shipping industry. The funding will support exactEarth to invest more in R&D and to develop intellectual property that’s made and retained…