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$950-million investment positions Canada for an innovation boom in high-growth sectors

OTTAWA, Feb. 15, 2018 /CNW/ - When small, medium-sized and large companies, academic institutions and not-for-profit organizations come together to generate bold ideas, Canadians benefit from more well-paying jobs, groundbreaking research and a world-leading innovation economy.

That's why the Government of Canada is investing up to $950 million under the Innovation Superclusters Initiative.

The investment, which will be matched dollar for dollar by the private sector, is expected to create more than 50,000 middle-class jobs and grow Canada's economy by $50 billion over the next 10 years.