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Federal government looks to “punch our way out of the COVID recession” with #Budget2021 The federal government has published its Budget 2021, which focuses on addressing the third wave of the pandemic and economic recovery. The commitments include targeted funding towards the tech and innovation sector as a way to support that recovery. The Government of Canada called the budget “a plan to bridge Canadians and Canadian businesses through the crisis and towards a robust recovery.” Proposals include extending business and income support measures through to the fall and investments to create jobs. The Budget also includes plans to accelerate investment in the digital transformation of small and medium-sized businesses, and a focus on cleantech and creating inclusive workplaces, the latter of which includes a proposal to establish a $15 federal minimum wage.

United kingdomChrystia freelandBenjamin bergenJim balsillieNavdeep bainsIndigenous business initiativeCanadian council of innovatorsAboriginal entrepreneurship programRecovery fundBusiness development bankStrategic innovation fundCanada small business financing programGlobal affairs canadaInnovation superclusters initiativeScientific research experimental developmentDigital services tax