The province will focus on encouraging new inventions and commercialization in the agriculture, life sciences, energy and critical minerals sectors. Innovation Saskatchewan is committing an additional $2.4 million annually for its Innovation & Science Fund, which funds research and scientific infrastructure projects, increasing the total to $5.2 million a year. (The Logic)
Talking point: Saskatchewan is targeting $16 billion a year in private capital investment and a 50 per cent increase in exports by 2030, and hopes its research strategy will help reach those goals. The province hopes to capitalize on its major science sites, including the Canadian Light Source synchrotron, used in materials science, and the Vaccine and Infectious Disease Organization, which develops shots. Saskatchewan is expanding eligibility for its startup investment tax credit to life sciences firms to boost funding for the sector.