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ERIC Number: ED508914
Record Type: Non-Journal
Publication Date: 2009-Dec
Pages: 7
Abstractor: ERIC
Reference Count: N/A
Accelerating Innovation, Competitiveness and Prosperity: Proposal for 2010-2011 Federal Budget Presented to the Honourable James Flaherty, Minister of Finance
Association of Canadian Community Colleges
As the country emerges from the recession, the Government of Canada must make difficult but critical decisions about where to invest public resources. Federal investments in research are overwhelmingly directed to pure or discovery research, with little support to applied research tied to commercialization. Innovation for the marketplace and the diffusion of new technologies have received little support in comparison. Investments in discovery research may contribute to the economy in the long-term. However, Canada's single-minded support for exploration at the periphery of knowledge has over-shadowed the "here and now." The practical side of business processes and continuous improvement, the very root of productivity, have been neglected. Business leaders have taken note. The Employers' Coalition for Advanced Skills embraces industry association leaders dedicated to increasing the capacity of colleges and institutes. The Coalition's current brief to the House of Commons Standing Committee on Finance recommends that the Government of Canada "support the innovation capacity of Canadian businesses by increasing federal research funding by five percent to support applied research, product development, and commercialization projects of colleges and institutes and their private sector partners." While colleges support all types of business, their engagement with small and medium enterprises (SMEs) is particularly robust. It is time for Canada to review its enormous investment in research from the perspective of the SME community. SMEs are at the heart of Canada's competitiveness and productivity, and the principal source of job creation. Colleges are at the heart of SME success and regional economic development. (Contains 1 footnote.)
Association of Canadian Community Colleges. 1223 Michael Street North Suite 200, Ottawa, ON K1J 7T2, Canada. Tel: 613-746-2222; Fax: 613-746-6721; Web site:
Publication Type: Reports - Evaluative
Education Level: Postsecondary Education; Two Year Colleges
Audience: N/A
Language: English
Sponsor: N/A
Authoring Institution: Association of Canadian Community Colleges
Identifiers - Location: Canada