Ottawa awards $950 million to five innovation ‘superclusters’ - News Summed Up

Ottawa awards $950 million to five innovation ‘superclusters’


OTTAWA—The federal government will pump $950 million into five innovation “superclusters” spaced evenly across the country, promising the injection of cash will set up hubs of collaboration between researchers and industry players to position Canada to compete in the 21st-century global economy. Innovation, Science and Economic Development Minister Navdeep Bains unveiled the recipients of the federal cash Thursday, predicting the establishment of the hubs of industry and research will grow Canada’s economy by $50 billion over the next decade and create more than “50,000 middle-class jobs.”The money comes at the end of a national competition that Bains launched in May 2017, and will result in five superclusters being established across the country. The superclusters include a group based in Ontario, with key Toronto-based members such as the Mars Discovery District, which will focus on “advanced manufacturing.”Another group in British Columbia will create a “digital technology” supercluster to connect “big data” with health care, forestry, manufacturing and other sectors. The Prairies will be home to a “protein industries” supercluster to develop plant proteins, while another group will be created in Quebec to work on artificial intelligence and robotics. Finally, an “ocean supercluster” will be based in Atlantic Canada to “improve competitiveness” in fisheries, oil and gas, and clean energy.


Source: thestar February 15, 2018 15:56 UTC



Loading...
Loading...
  

Loading...

                           
/* -------------------------- overlay advertisemnt -------------------------- */