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Minister Duclos highlights economic growth investments in Budget 2021

From: Treasury Board of Canada Secretariat Today, the Honourable Jean-Yves Duclos, President of the Treasury Board, met with startups from the Québec City region that have benefited from the services of the Camp de Québec International and of Entrepreneuriat Laval to discuss investments that support economic growth from Budget 2021: A Recovery Plan for Jobs, Growth, and Resilience. Budget 2021 is the Government of Canada’s plan to finish the fight against COVID-19 and ensure a robust economic recovery that is inclusive of all Canadians. Today, the Honourable Jean-Yves Duclos, President of the Treasury Board, met with startups from the Québec City region that have benefited from the services of the Camp de Québec International and of Entrepreneuriat Laval to discuss investments that support economic growth from Budget 2021: A Recovery Plan for Jobs, Growth, and Resilience.

Ottawa moves to ensure IP funded and developed in Canada stays in Canada

Article content OTTAWA Innovation Minister François-Philippe Champagne says the federal government is acting to ensure intellectual property developed in Canada remains in the country, following longstanding industry concerns about foreign firms capitalizing on domestic research and inventions. Monday’s budget promised to fund advice for high-growth firms and startups and review IP provisions in Ottawa’s business-support programs. The government has also recently signalled greater scrutiny of foreign investments involving sensitive technologies and research partnerships. “Data and certainly intellectual property are going to be key in the economy of tomorrow,” Champagne said in an interview with The Logic Wednesday. “I am willing to deploy all the tools that I have in my toolbox to make sure that this is staying in Canada.”

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