Role is to create opportunities and shepherd innovation across all industries and regions.
Federal funding supports the purchase of new equipment to increase productivity and production capacity.
Consortium-led approach to innovation brings together small and large companies, academia and not-for-profit organizations.
Money will be used to to support “innovation networks and clusters” to help budding companies scale up significantly.
Automaker will invest $492 million over three years to modernize its Ontario facilities and improve its carbon footprint.
Calgary’s downtown office vacancy rate topped 21% just last month.
Program meant to encourage advanced technology adoption to enhance productivity and competitiveness.
Most of the 30 programs will have a particular focus on energy and natural resources.
Agreement in principle includes the renewal of the Labour Market Agreement, renamed the Canada Job Fund.
Dias is concerned Ontario has lost an opportunity to secure its manufacturing sector in the long-term.
Concerns that the program will cut provincial, territorial funding, will have to be worked out individually with the federal Conservatives, the source said.
The interest free loan will be repaid over 15 years starting in 2020.
The Canada Job Grant could end funding for Halifax’s Team Work job-coach program for people with disabilities.
Research networks will address innovation challenges related to deep mining, green aviation and electronics manufacturing.
Canadian businesses allocate just 7.8% of their revenue to innovation, compared to 9.64% globally, innovation survey suggests.