Canada aerospace sector remains vibrant and strong, but it will need ongoing support to keep it that way.
Topic: Strategic Innovation Fund
What Canada’s new innovation agency can learn from the rest of the world
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.
Innovation expenditures dominate federal Budget with observers hoping discovery science will be addressed in future years
The Liberals latest federal Budget takes aim at Canada’s perennial innovation problem with billions in new funding, including a new $15-billion Canada Growth Fund.
New technology project funded by Clean Resource Innovation Network could eliminate oil sands tailings ponds
The federally funded Clean Resource Innovation Network has invested $10 million in a project using a technology called non-aqueous extraction that could eliminate the use of waste tailings ponds, proponents say.
Government funding and policy are driving big carbon emissions reductions by steelmakers
Federal and provincial government investments totalling more than $1.3 billion to help steelmakers electrify their production facilities provide a major boost to the industry’s goal of net-zero carbon emissions by 2050, says the chief executive of the Canadian Steel Producers Association.
Canadian SMEs playing an increasingly important role in domestic and global space industries, experts say
Canadian SMEs and universities are becoming more significant players in space at home and internationally, due to the “democratization” of space driven by lower launch costs and the miniaturization of science instruments and satellites, say space industry experts.
Court ruling on aerospace R&D tax credit case affects entire tech sector
A Tax Court of Canada ruling that reduced a Montreal aerospace company’s federal Scientific Research and Experimental Development tax credits impacts the entire tech sector and further complicates a government incentive program already rife with problems and in need of reform, say innovation advocates.
Aerospace industry calls for more government support, despite significant public subsidies
Canada’s aerospace industry is calling for a national strategy for the sector and more government support for innovation. But critics argue that aerospace is already one of the most subsidized industrial sectors in Canada and, if can’t survive in the global marketplace without continuous public funding, should be allowed to die.
Opinion: It’s time for Canada to rethink its innovation policies and integrate its programs
Canada must rationalize its innovation programs and provide its research, development and innovation ecosystem with coherent direction as part of a plan for long-term economic growth, Dr. Camille Boulet, PhD, and Ömer Kaya at Global Advantage Consulting Group, say in an op-ed piece.
Government and industry push to make Canada preferred supplier in critical minerals market dominated by China
China currently dominates the global market for rare earth materials. Establishing a domestic rare earths industry in Canada will take a focused industrial strategy, more government support and greater private investment, say industry executives and academic and government researchers.
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