Briefing

    Ottawa’s Industry Strategy Council calls for new $35-billion growth fund, policy overhauls

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    The new program would back projects in priority areas like digital and data; resources, energy and cleantech; value-added manufacturing and agri-food. In a report released Friday, the council—a group of 10 executives appointed to advise Innovation Minister Navdeep Bains and chaired by former Desjardins Group CEO Monique Leroux—also recommended the federal government expand reskilling programs; give companies incentives to adopt technology and develop intangible assets like IP; and direct Crown corporations like the Business Development Bank of Canada to set up new special-purpose funds for scale-ups, as well as “move up the risk curve.” (The Logic)

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