Supporting Entrepreneurs, Innovators and World-Class Research
The global economy is changing. Competition for the brightest minds is intensifying. The pace of technological change is creating new opportunities while making older business practices obsolete. Canada's long-term economic competitiveness in the knowledge economy demands globally competitive businesses that innovate and create high-quality jobs.
Since 2006, the Government has provided nearly $8 billion in new funding for initiatives to support science, technology and the growth of innovative firms. It is committed to a new approach to supporting innovation in Canada by pursuing active business-led initiatives that focus resources on better meeting private sector needs.
Click through the themes listed below to learn more about what is in the Economic Action Plan for you.
Canada’s Economic Action Plan is providing additional resources to support advanced research in universities and other leading research institutions. It is through innovation, modernization, forward thinking, and world-leading research advancements that Canada will be able to capitalize on new opportunities in the 21st century economy and bring jobs and prosperity to our county.[More. . .]
Canada’s aerospace sector is a global technology leader and a major source of high-quality jobs, directly employing 66,000 people across the country. It is among the most research-intensive industries in Canada.
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Canada’s innovative small- and medium-sized businesses transform new discoveries into advanced products and technologies, bridging the gap between research and the marketplace. Recognizing their essential role in creating jobs, the Economic Action Plan includes many initiatives to help small businesses succeed in today’s economy.
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