Topic: Strategic Innovation Fund

The Short Report, July 10, 2019: Nuclear power, future skills, health tech

A planned $100-million infusion for Alberta’s artificial intelligence sector — promised in February by then-governing NDP leader Rachel Notley — is on hold, as Premier Jason Kenney’s United Conservative Party scrutinizes the investment. Edmonton-based AI hub Amii (Alberta Machine Intelligence Institute) was slated to to use some of the funds to open a Calgary office, but…

The Short Report, June 19, 2019 – Research chairs, cybersecurity, Strategic Innovation Fund

Science and Sports minister Kirsty Duncan has announced over $275 million for 346 new and renewed Canada Research Chairs at 52 institutions across Canada. It was the most gender diverse competition yet: 47% women, 22% visible minorities, 5% persons with disabilities, and 4% Indigenous peoples. The Canada Foundation for Innovation is contributing another $5.2 million…

Toronto’s Creative Destruction Lab receives $25 million through the Strategic Innovation Fund

The Government of Canada is investing $25 million in the University of Toronto’s Creative Destruction Lab (CDL), a non-profit project to pair science-based startups with business expertise. The investment comes through the Strategic Innovation Fund, a $1.26 billion federal program to spur innovation in Canada’s industrial and technological sectors, with a focus on large projects…

Economic Strategy Tables set the bar for achieving global competitiveness in six key sectors

The federally appointed Economic Strategy Tables (EST) have delivered their final report, which recommends a network of sector-specific Canadian Technology Adoption Centres. The collective report by all six tables contains “six signature initiatives” with the economic potential to add $318 billion or 15% to the GDP by 2030 compared to 2017 levels, and boost median household income by $13,000.

Feds pay for innovative training solutions for aerospace, defence

The federal government is putting in $7.6 million to support a $19-million project that will help design and develop training and simulation products for use in aerospace and defence. The repayable investment being made through the Strategic Innovation Fund will be provided to Bluedrop Performance Learning Inc., a company that provides simulation technology, simulators and…