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91ƵSupercluster91Ƶ tech groups to share up to $950M in federal cash

It91Ƶs part of a high-tech collaboration to foster growth and create jobs
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Navdeep Bains, Minister of Innovation, Science and Economic Development, announces proposals under the $950-million Innovation Superclusters Initiative in Ottawa on Thursday. (Fred Chartrand/The Canadian Press)

OTTAWA 91Ƶ Innovation Minister Navdeep Bains has named five technology groups that will each get a piece of up to $950 million in what the government calls its 91Ƶsuperclusters91Ƶ initiative, a high-tech collaboration strategy aimed at fostering growth and creating jobs.

91Ƶ The Digital Technology supercluster in British Columbia will use big data and digital technologies to unlock new potential in important sectors like health care, forestry, and manufacturing;

91Ƶ The Protein Industries supercluster in the Prairies will work on making the country a leading source of plant proteins;

91Ƶ The Ocean supercluster based in Atlantic Canada will use innovation to improve competitiveness in Canada91Ƶs ocean-based industries, including fisheries, oil and gas and clean energy;

91Ƶ The Scale AI supercluster in Quebec will work on building intelligent supply chains through artificial intelligence and robotics;

91Ƶ The Advanced Manufacturing supercluster in Ontario will connect technology strengths to manufacturing industry to prepare for the economy of tomorrow.

The supercluster concept is designed to bring together small, medium-sized and large companies, academic institutions and not-for-profit organizations to generate forward-looking, job-creating ideas and innovation.

91ƵWhat is a supercluster? It is a made-in-Canada Silicon Valley that will create tens of thousands of jobs 91Ƶ that91Ƶs what a supercluster is,91Ƶ Bains said Thursday as he unveiled the winners in Ottawa.

91ƵIt91Ƶs about collaboration as well. Look at this room 91Ƶ we have academia, business, you have small business and large business, and we have government 91Ƶ working together, promoting collaboration, supporting our supply chains and also developing and nurturing skills and knowledge and making sure that we pass that knowledge from one generation to another.

91ƵSuperclusters 91Ƶ it91Ƶs a job magnet.91Ƶ

The government is planning on not only a stronger, innovation-driven economy as a result of the initiative, but at least more than 50,000 jobs, he added.

Thursday91Ƶs announcement ends a nine-month contest central to the Liberals91Ƶ so-called innovation agenda.

Last fall, the government a field of about 50 applicants to nine finalists.

The money will be distributed over five years to the winners, which will be required to match the federal funding they receive, dollar for dollar.

The Liberals faced criticism over its plan, including concerns over the government picking winners and losers, but Bains defended it by saying the superclusters will be led by industry.

The government hopes the leverage from its $950-million commitment will help unlock business investment in research and development as a way to lift the economy.

The Canadian Press





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