During a speech today at the Creative Economy Summit, the Minister of State for Science and Technology, Gary Goodyear, announced that Canada will continue to make key investments in science and technology. “Through our government’s science and technology strategy, we… Read more »
Launch of Canadian Manufacturing Network
The Canadian Manufacturing Network has launched with a Manufacturing JOBS Resource Network and a National Skills & Learning Portal. The Canadian Manufacturing Network was made possible through a collaboration between two of Canada’s leading manufacturing organizations: Excellence in Manufacturing Consortium (EMC), and… Read more »
Ontario Insists on Local Content for Renewable Energy
In an interview with Reuters, Energy Minister Chris Bently refused to alter controversial rules that require local content for all projects. The FIT review will be complete by the end of March, and it is expected that cuts will be… Read more »
FedDev leads $20M funding round for 8 Toronto startups
The Federal Economic Development Agency for Southern Ontario (FedDev) put up $4.85 million into young startups, in order to leverage an additional $15.2 million from venture capital and angel investment groups. The companies to receive funding are as follows: Trillium… Read more »
New High-Tech CO2 Absorption System to Reduce Greenhouse Gases
With the help of the Ontario government, Pond Biofuels is piloting a new CO2 absorption system at St. Marys Cement. The new system will reduce greenhouse gases by absorbing dirty smokestack emissions, and grow algae which can be used in… Read more »
Hacking Health could lead to health-care IT innovations
The Globe and Mail recently profiled a somewhat unorthodox approach, the “hacker way,” to jumpstarting the dinosaur system of Canadian healthcare IT. The “Hacker Way” is a loose model for rapidly solving problems through intense “jam sessions” wherein programmers and developers… Read more »
A Major Player: Canada’s Video Game Sector
We’ve got our own tech hubs in Canada. Last year, Canada’s video game industry employed almost 16,000 people contributing $1.7 billion to economic activity, with an expected growth of 17% over the next two years according to the Entertainment Software… Read more »
North Innovation Fund launched to support Canada’s Knowledge-Based Industries
Waterloo and Toronto, February 15, 2012 – North Innovation Fund (NIF), a privately-held alternative financing firm providing ongoing SR&ED accrual loans to early stage Canadian companies in a variety of technology-based sectors, today announced the launch of its first Fund.… Read more »
Venture Capital Fundraising Concerns in Canada
According to 2011 year-end figures from the Canadian Venture Capital and Private Equity Association, a four-year high of $1.5 billion from VC was disbursed to Canadian startups last year. Although this was the highest level since 2008, this was far… Read more »