- Additional $40 million over four years to the Canada Accelerator and Incubator Program to help entrepreneurs create new companies
- $305 million over five years to enhance access to high-speed broadband networks to a target speed of 5 Mb/s
- Up to $30 million to IRAP to support youth internships in SMEs
- Reallocation of $15 million annually within the Youth Employment Strategy to support up to 1,000 full-time internships at SMEs
- $3 million over three years to the Canadian Digital Media Network for the creation of the Open Data Institute in Waterloo
- $15 million over three years, starting in 2014–15, to support the Institute for Quantum Computing in Waterloo
- Create the Canada First Research Excellence Fund with $1.5 billion in funding over the next decade
- Additional $15 million per year to the Natural Sciences and Engineering Research Council
- Additional $500 million over two years to the Automotive Innovation Fund
- $8 million over two years to Mitacs to expand its support for industrial research and training of postdoctoral fellows
- $10 million over two years in support of social innovation research projects at colleges and polytechnics
- A new Immigrant Investor Venture Capital Fund "will require immigrants to make a real and significant investment in the Canadian economy"
- "A plan to introduce legislation to prohibit unjustified cross-border price discrimination"
Tuesday, February 11, 2014
At first glance: Highlights of Budget 2014
Haven't read a lot of it yet, but these were some items that stood out from a innovation perspective ... and from a quasi-rural, living in Southwestern Ontario near the border perspective (a summary of my Tweets at the time):
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