The Budget indicates that the Federal Government is proposing to launch a competition to create “innovation superclusters” that will have access to significant government funding to develop innovations in various areas including clean technology and health/bio sciences. While this appears to be directed towards creating new economic growth opportunities for Canadian businesses and will ultimately be a business-led initiative, the clusters will consist of partnerships between organizations. Given the research and innovation focus, this new measure will interest universities, hospitals, and other research-focused organizations.
Social Impact Newsletter
This publication is provided as an information service and may include items reported from other sources. We do not warrant its accuracy. This information is not meant as legal opinion or advice.
Miller Thomson LLP uses your contact information to send you information electronically on legal topics, seminars, and firm events that may be of interest to you. If you have any questions about our information practices or obligations under Canada's anti-spam laws, please contact us at firstname.lastname@example.org.
© 2021 Miller Thomson LLP. This publication may be reproduced and distributed in its entirety provided no alterations are made to the form or content. Any other form of reproduction or distribution requires the prior written consent of Miller Thomson LLP which may be requested by contacting email@example.com.