Today’s federal budget addresses many of the information and communications technology (ICT) sector’s core recommendations to make Canada’s Innovation Agenda a success, according to the Information Technology Association of Canada, the voice of Canada’s ICT sector.
“Knowing the federal Government’s plan for this to be an Innovation Agenda budget, it does contain a number of important measures that address our nation’s technology skills gap, bolster our ability to help innovative businesses grow and scale while strengthening Canada’s ability compete digitally on the world stage,”says Robert Watson, President and CEO of ITAC.
“The devil is in the details though, so ITAC will continue to review the budget, discuss implementation with departments, distill down industry’s perspective and continue this dialogue,” Watson says.
“We are happy to see that the Government will create Innovation Canada to reduce confusion and make it easier for innovators to understand and access Government-led innovation support programs. This platform will look at six innovation opportunities and we are very pleased to see digital industries is a part of it,” adds Watson.
ITAC is equally as pleased to see the Government has announced $225 million over four years to establish a new organization to support skills development and measurement in Canada. This new organization will provide the knowledge base needed to address Canada’s ICT skills gap. This was a central recommendation in ITAC’s 2017 pre-budget submission.
ITAC also applauds the additional investments the Government will make: to help innovative companies grow through strategic procurement, providing up to $50 million to launch a new procurement program called Innovation Solutions Canada; encourage the development of Smart Cities, with $300M allocated to the adoption of new and innovative approaches to city building; growing Canada’s advantage in Artificial Intelligence (AI) with a $125 million to launch a Pan-Canadian AI Strategy for research and talent; and $1.26 billion dollars over five years for a Strategic Innovation Fund aimed at consolidating and simplifying existing business innovation programming.
There are some initiatives outlined in the budget that ITAC looks forward to learning more about. In particular, the new Impact Canada Fund that aims to help the President of Treasury Board’s mandate. A modern digital government is a critical success factor in building our digital nation and funds to help kick-start digital service experimentation across departments is welcomed.
More information from ITAC on their perspective of Budget 2017 can be found here [Warning: PDF].
Minister Chagger Announces Work Integrated Learning Funding for Tech & Business Students/SME’s
Posted in Commentary with tags ITAC on September 2, 2017 by itnerdThe Honourable Bardish Chagger, Minister of Small Business and Tourism, today announced funding to the Information Technology Association of Canada (ITAC) aspart of the Government of Canada’s Student Work Integrated Learning Program to support matching business and technology students with small and medium-sized enterprises (SMEs).
The Career Ready program will match current post-secondary students who are studying in the areas of Business Technology Management (BTM), Computer Science, Computer Systems Technology, Computer Engineering or alike programs with SME’s across Canada over the next five years.
Career Ready was announced at a launch event at D2L in Kitchener, hosting students from secondary educational institutions and business and education leaders. The Career Ready program is using the innovative Magnet Today matching technology platform, a technology that was developed and incubated at Ryerson’s Digital Media Zone.
The program provides up to 50% (to a maximum of $5,000) of a work term student’s pay in wage subsidies to employers. Employers that hire students from underrepresented groups including women in STEM, indigenous students, recent immigrants, persons with disabilities, and first-year students may also qualify for additional funding (up to 70% or $7,000).
ITAC works closely with the work term department staff at the post-secondary institutions to help students and employers bridge the school-to-work transition and have formed a consortium in Ontario with Ryerson University, Seneca College, Centennial College and Sheridan College. Further consortium partners will be pursued in 2018. The Career Ready program will also be launched in British Columbia, Quebec, New Brunswick and Nova Scotia in 2018.
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