Government of Canada launches Strategic Innovation Fund

Government of Canada launches Strategic Innovation Fund

Thousands of Canadians will benefit from new jobs, skills and business opportunities as a result of a $1.26-billion investment by the Government of Canada. on Wednesday July 5, the Honourable Navdeep Bains, Minister of Innovation, Science and Economic Development, launched the Strategic Innovation Fund, a new program to attract and support high-quality business investments across […]

$28.8-Million Innovation Challenge Supports a Sustainable, Innovation-Based Economy

$28.8-Million Innovation Challenge Supports a Sustainable, Innovation-Based Economy

Recognizing the role that government can play in building an innovation-driven economy, the Government of Ontario has introduced the Small Business Innovation Challenge (SBIC) to support the growth of high-potential, technology-driven small- and medium-sized enterprises (SMEs) in the province. This program, announced in the 2016 Ontario Economic Outlook and Fiscal Review, is an integral part […]

Research and Development Spending Trends in Canada

Research and Development Spending Trends in Canada

The contributions of different industrial sectors to overall changes in research and development (R&D) spending in Canada have shifted markedly since the technology boom of the late 1990s. During that period, much of the annual growth in business sector R&D reflected higher in-house expenditures by technology-based manufacturers specializing in information and communications products. By the […]

What will the Canadian Budget in 2017 have in store for your business?

What will the Canadian Budget in 2017 have in store for your business?

The Government of Canada is seeking input on what its next budget should include to help grow businesses like yours. “Infrastructure, post-secondary education, innovation, competitiveness, skills and training, trade and investment are all on our radar,” said Minister of Finance Bill Morneau. The federal government officially launched its consultation period for Budget 2017 last Monday, making […]

Alberta launches $30M program to push regional economic development

Alberta launches $30M program to push regional economic development

The Alberta government has allocated $30M over 2 years to promote long-term economic growth and prosperity through the new Community and Regional Economic Support (CARES) program. Allocation of funding. $26.45M for communities, regions, municipalities and other eligible organizations. $2.2M over 2 years for Regional Economic Development Alliances to enhance existing initiatives. $600k for four Rural […]