Nearly $3.4 billion in federal spending through the Strategic Innovation Fund (SIF) during the last three years has failed to improve Canada’s “disastrous” innovation performance and productivity, say some innovation and policy experts. An analysis by Research Money of SIF data shows that Ontario, Quebec and foreign-based firms have received the lion’s share of SIF funding.
Topic: Strategic Innovation Fund
The Clean Resource Innovation Network (CRIN) is making up to $80 million in federal funding available through oil and gas industry challenges to accelerate the development and commercialization of clean technology.
Canada’s continued poor performance in innovation and business productivity is due to a failure to link publicly funded research and innovation programs to an industrial strategy based on the country’s strengths, say innovation experts. Meanwhile, studies by University of Toronto researchers show the federal innovation agenda has negatively impacted funding for basic, investigator-driven research but hasn’t addressed the underlying problem of industrial innovation in Canada.
A pan-Canadian oil and natural gas innovation network has yet to spend the bulk of $100 million of federal funding on commercializing new, cleaner technologies, two years after Ottawa announced the funding and seven months after a contribution agreement was signed. The Clean Resource Innovation Network, which aims to produce the world’s cleanest hydrocarbons, plans to announce details of its planned three technology competitions by end of March 2021.
New plant expected to produce 240 million vaccine doses every year starting in 2023.
The federal government invests in protecting the endangered North Atlantic right whale; a Canadian-led social media movement aims to stop the spread of misinformation around COVID-19; University Health Network study shows full dose blood thinners decrease need for life support in COVID-19 patients, and a new report says Canada’s PhD students face persistent barriers applying skill sets.
Prime Minister Justin Trudeau is much more focused on his government’s response to COVID-19 than on science and innovation priorities, judging by the PM’s updated mandate letter to the minister of innovation. The letter mentions the world “innovation” once, compared with more than a half-dozen references to COVID-19 and the federal response to the pandemic
Innovation Science and Economic Development Canada, in a detailed response to growing criticisms, defends the federal government’s innovation performance, policies and programs.
Surveillance border study at Toronto’s airport continues to track international travellers for COVID-19; the Canadian Space Agency supports the launch of two lunar technology payloads to the moon.
More than 130 leading entrepreneurs want the federal government to end what they call a “patchwork” approach to innovation.