Eleven key takeaways from the 2019 federal budget for Canada’s innovation economy

Federal Finance Minister Bill Morneau holds a media availability in Toronto on Thursday February 28, 2019. THE CANADIAN PRESS/Frank Gunn

The federal government’s 2019 budget released Tuesday contained funding for skills-retraining for mid-career workers and work experience for students, along with big money for high-speed broadband internet across the country.

However, in an election year, Finance Minister Bill Morneau mostly focused on workers over their employers. And, while tech scale-ups’ favourite immigration pilot program is now here to stay, there’s no big-ticket new program, national data strategy or funding for the innovation economy.

Here are some key measures in the budget that innovative Canadian companies will want to pay attention to, and one important measure they won’t find in the document.

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