Federal government strengthening cross-border relationships with Silicon Valley to grow Canadian economy
News release
May 16, 2018 – Ottawa – Innovation, Science and Economic Development Canada
The Government of Canada is committed to helping Canadian businesses build relationships with partners at home and abroad, and to highlighting the advantages of working and investing in Canada.
The Honourable Navdeep Bains, Minister of Innovation, Science and Economic Development, has concluded a two-day visit to Silicon Valley, in California, where he promoted Canada’s growing leadership in artificial intelligence, the strength of Canada’s innovation ecosystem and how the government is working to attract more investments into the economy to create well-paying, middle class jobs for Canadians.
Minister Bains met with businesses in Silicon Valley to promote several components of the Innovation and Skills Plans, including the Innovation Superclusters Initiative, the Global Skills Strategy and the Economic Strategy Tables. He also participated in a roundtable with women in technology, to discuss the key factors needed to create a supportive environment for women entrepreneurs. The Minister attended a reception hosted by C100, a non-profit association of Canadian entrepreneurs, executives and venture capital investors in San Francisco that supports the acceleration of Canada’s innovation economy in a number of sectors, including artificial intelligence.
Through the Innovation and Skills Plan, the federal government is providing simpler, more efficient and better coordinated support to Canadian entrepreneurs and companies and to international players looking to invest in Canada.
Quotes
“We’re living through a time of great transformational change powered by artificial intelligence, quantum computing and regenerative medicine. Canada continues to be a leader in these fields and has the opportunity to further partner with innovation ecosystems like Silicon Valley to further our global role. Cross-border partnerships mean more growth and job opportunities for Canadians at home.”
– The Honourable Navdeep Bains, Minister of Innovation, Science and Economic Development
Quick facts
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The Government of Canada is partnering with companies out of both Silicon Valley and Canada in the area of artificial intelligence. One such partnership is with Samsung, which has a presence in Silicon Valley, but also in Montreal and soon, in Toronto. In addition, Google is a lead partner with Vector Institute (AI) in Toronto.
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With a simple, story-based user interface, the new Innovation Canada platform can match businesses with the most fitting programs and services in about two minutes. In addition to the Strategic Innovation Fund, there are hundreds of programs and services to help businesses innovate, create jobs and grow Canada’s economy.
Contacts
Follow Innovation, Science and Economic Development Canada on Twitter: @ISED_CA
Karl W. Sasseville
Press Secretary
Office of the Minister of Innovation, Science and Economic Development
343-291-2500
Media Relations
Innovation, Science and Economic Development Canada
343-291-1777
ic.mediarelations-mediasrelations.ic@canada.ca
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