Ottawa, Ontario
Today, the Honourable Mélanie Joly, Minister of Industry and Minister responsible for Canada Economic Development for Quebec Regions, announced an investment of $29.2 million in Talent Innovation Canada (TICAN), a new, industry-led, national not-for-profit organization that will connect top research and development (R&D) talent from Canadian universities with innovative companies. This initiative will support high-growth companies by placing top students in high-impact R&D roles, strengthening Canada's innovation workforce and supporting long-term economic growth. The Government of Canada is committed to strengthening the country's research and innovation ecosystem.
TICAN will work with Canadian firms to identify R&D challenges to address industry needs in four strategic sectoral areas:
- mobility
- clean growth
- biomanufacturing and life sciences
- microelectronics and information and communications technology
TICAN will then match firms with graduate, PhD and post-doctoral talent from leading Canadian institutions to solve challenges in these areas. Embedding highly skilled talent within firms will support the development of new technologies, speed up the transition from research to market and help increase the amount of Canadian intellectual property.
Investing in TICAN is part of the Government of Canada's transformational plan to build a stronger, more self-reliant economy by boosting domestic innovation capacity and scaling Canadian technologies into global markets. By supporting advanced technology development and reinforcing key supply chains at home, the government is supporting economic resilience and facilitating made-in-Canada innovation.