Purveyors of 5G hardware are eager to tell us how important this technology will be for Canadian innovation, but new goods and services arising from this technology are likely to come from its users, not necessarily its manufacturers. Although the Chinese firm Huawei was banned as a manufacturer, it remains an active partner with many of the early adopters of 5G systems, which raises questions about whether Canadians will enjoy any of the economic benefits generated by innovation carried out and supported by Canada. It is a tale as old as the inventor of fire, who reaped few rewards compared with those learned how to work with fire.
Organization: University of Toronto
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.
The Short Report – June 15, 2022: CREATE program receives new NSERC funding, feds provide up to $100M to Saskatchewan potash mine, Alberta invests in quantum hub, $24M for research on life-saving organ transplant technology, and more.
Feds announce $102 million for new, renewed chairs at 35 Canadian research institutions; U of T receives a 20-million donation for research, innovations and clinical programs in sports and sports medicine, new protocols for Arctic research and policymaking from the Inuit Circumpolar Council, and more.
Alberta and New Brunswick launch AI centres; Dr. Monica Gattinger to chair expert panel evaluating international STI partnership opportunities, Governor General Innovation Award winners are announced, and more.
Economist Dan Breznitz’s fingerprints are all over Budget 2022, especially the creation of a new Canadian Innovation and Investment Agency. Research Money spoke to Breznitz after the release of the federal budget to ask him about his most recent book, Innovation in Real Places: Strategies for Prosperity in an Unforgiving World.
Green Party of Ontario releases EV strategy two months ahead of provincial election, research gets a boost through the New Frontiers in Research Fund, a review of Canada’s Remote Sensing Space Systems Act is completed, and more.
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.
The Short Report – Feb. 9, 2022: Quebec gets Canada’s first universal quantum computer, Canadian cleantech companies receive more than $52 million in SDTC funding, Ocean Supercluster announces largest project to date, public servants learn about AI, new VP of research programs at CIHR, and more.
Annual research income at Canada’s top 50 research universities increased only slightly in fiscal year 2020 while the top 50 research colleges had a nearly 21-per-cent jump in research income, according to annual rankings in reports by Research Infosource Inc.