Innovation, Science and Economic Development Canada
Canadians are at the core of innovation whose ideas and inspirations will guide the future success of our economy. Countries around the world are making large investments to unlock the benefits of technological transformation for their economies and peoples. In order for Canadians to reap the same benefits, we require a new approach that builds on our strong fundamentals, such as sound public finances, a low inflation environment, and the lowest unemployment rates in a generation.
The multi-year Innovation and Skills Plan is Canada’s response to this new reality, redefining the innovation ecosystem. The Plan builds on Canada’s innovation strengths and addresses areas of weakness along the innovation continuum: from people and skills, through to fundamental and applied research, building innovation ecosystems, commercializing ideas and starting-up companies, to exporting and scaling-up globally competitive companies across all sectors of the economy. At it’s very core, the Innovation and Skills Plan builds around Canada’s competitive advantage: its people.