(Bloomberg) -- Canada’s Liberal government is picking six industrial sectors, led by clean technology, to foster innovation and jobs in an economy that’s been relying on commodities to drive growth.
Support will be focused on clean tech, agri-food, digital, advanced manufacturing, bio-sciences and clean resources, according to Prime Minister Justin Trudeau’s second budget released in Ottawa on Wednesday. As part of the effort, the government will consolidate its corporate support programs into one fund and contribute C$400 million ($300 million) in additional venture-capital funding through the country’s development bank.
Register or login for access to this item and much more
All Information Management content is archived after seven days.
Community members receive:
- All recent and archived articles
- Conference offers and updates
- A full menu of enewsletter options
- Web seminars, white papers, ebooks
Already have an account? Log In
Don't have an account? Register for Free Unlimited Access