Mark Lowey

Strategic Innovation Fund producing “significant benefits” for Canadians, ISED says

Mark Lowey
April 21, 2021

Research Money asked Innovation, Science and Economic Development Canada (ISED) to respond to four questions about criticisms of the Strategic Innovation Fund (SIF) program. In response, ISED says SIF is producing "significant benefits" for Canadians, including new jobs created, co-op placements and investment in R&D and new technologies.



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Organizations: CAE, CGI, Ciena Canada, ENCQOR, Ericsson, Government of Canada, IBM Canada, Innovation, Science and Economic Development Canada, and Thales Canada
People: Yara El Helou
Topics: 5G technology development, accessing new markets, advanced technology, allocation of SIF funding to provinces, big-data analysis, Canadian innovation networks and ecosystems, capital expenditures, Cloud Computing, co-op placements, Colleges, development and commercialization of products, economic innovation and public benefits, ecosystem collaborations, federal innovation programs, global capital flows, global digital companies, global supply chains, high-quality jobs, information and communication technology, international linkages, International partnerships, Internet of Things, IP generation, jobs created and maintained, Net Zero Accelerator Initiative, non-profits, private sector, productivity, programmable broadband networks, project investment, R&D expenditures, R&D investment, SIF projects, SIF's effectiveness in improving innovation performance, silicon photonics, SMEs, software, STEM occupations, Strategic Innovation Fund (SIF), technology transfer, and universities

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