National Strategies and Priorities
"The Government supports an innovative economy and the creation of high-quality jobs through investments in education and training, basic and applied research, and the translation of public research knowledge to the private sector"
Over the last few years, the Government of Canada has increased its focus and placed more emphasis on science, technology and innovation as key elements of growing Canada's national prosperity. This is reflected in the Government of Canada’s most recent budgets.
- Budget 2010 featured the 5 year renewal of the International Science and Technology Partnerships Program (ISTPP).
- In Budget 2011, the Government of Canada introduced measures to support SMEs, drive innovation in Canada’s digital economy, strengthen Canada’s research advantage, and foster commercialization and business innovation.
- In Budget 2012, over $1.1 billion in direct R&D investments and $500 million in venture capital funding was announced.
Additionally, the Government of Canada is also in the process of updating the following initiatives:
- Mobilizing Science and Technology to Canada's Advantage - a comprehensive, multi-year science and technology agenda for the nation
- Global Markets Action Plan: The Blueprint for Creating Jobs and Opportunities for Canadians through Trade - Canada's economic prosperity depends on international trade and investment. The Global Markets Action Plan will ensure that all the assets of the Government of Canada are harnessed to support the pursuit of commercial success by Canadian companies and investors in key foreign markets, to generate new jobs and new opportunities for workers and families here at home.