Economy Investments

Invest an additional $100 million each year in the Industrial Research Assistance Program.

Broken
Liberal Platform | Page 16
October 5, 2015

Tuesday March 22, 2016 | 2016 Federal Budget

2016 Federal Budget

Chapter 2 > Helping Small and Medium-Sized Companies to Innovate and Grow

While further work to develop the Innovation Agenda takes place, Budget 2016 proposes to provide the Program with an additional $50 million in 2016–17 to increase the number of companies served by the Program's highly qualified Industrial Technology Advisors nationwide.

The 2016 federal budget allocates an additional $50 million to the program for the 2016-17 fiscal year (instead of the promised $100 million) and does not mention future yearly additional investments.