| Innovation, Science and Economic Development Canada
| news releases
Following the cessation of Medicago’s operations by its parent company Mitsubishi Chemical Group Corporation (“MCG”) in February 2023, the Government of Canada’s objectives were threefold: maintain Medicago’s intellectual property and critical research assets in Canada; ensure a Canadian company retains the technology platform, talent and expertise; and identify third-party investors that could help maintain and expand Medicago’s platform capabilities in-country. This is to enhance domestic pandemic preparedness capabilities and ensure that a promising technology platform remains in Canada.
| Innovation, Science and Economic Development Canada
| news releases
Recent advances in artificial intelligence (AI) technology are benefiting society in many ways, including in improving supply chain management, enhancing health care and precision medicine, and helping tackle environmental sustainability challenges. These advances, however, have also reaffirmed the urgency of ensuring that AI systems, particularly advanced generative AI systems, are developed and used safely. That is why the Government of Canada recently launched the Voluntary Code of Conduct on the Responsible Development and Management of Advanced Generative AI Systems.
| Innovation, Science and Economic Development Canada
| news releases
Today, the Honourable François-Philippe Champagne, Minister of Innovation, Science and Industry, and His Excellency Omar Ahmed Suwaina Al Suwaidi, Undersecretary of the Ministry of Industry and Advanced Technology in the United Arab Emirates (UAE), announced the launch of the Cement & Concrete Breakthrough initiative at COP28 in Dubai. This initiative reaffirms Canada’s commitment to working with countries, businesses and international partner organizations to accelerate investments in the technologies, tools and policies that the cement and concrete industry needs to realize net-zero solutions by 2050.
| Innovation, Science and Economic Development Canada
| media advisories
The Honourable François-Philippe Champagne, Minister of Innovation, Science and Industry, will take part in the “Buildings and construction for sustainable cities” event at COP28 in Dubai, where he will announce a new initiative that will help Canada move toward net-zero concrete by 2050.
| Innovation, Science and Economic Development Canada
| news releases
The Government of Canada today announced it has finalized agreements with Visa and Mastercard to lower credit card transaction fees for small businesses. The agreements also protect reward points offered to Canadian consumers by Canada’s large banks.
| Innovation, Science and Economic Development Canada
| statements
The Honourable François-Philippe Champagne, Minister of Innovation, Science and Industry, and His Excellency Dr. Sultan Ahmed Al Jaber, Minister of Industry and Advanced Technology of the United Arab Emirates, issued the following joint statement today:
| Innovation, Science and Economic Development Canada
| news releases
Latest subsidiary of internationally recognized company Medicom Group Inc. will establish manufacturing facility with capacity to produce up to one billion medical-grade nitrile gloves annually