Provincial government funding and programs
The Ontario government actively supports research
innovation. Here are various provincial government
ministries, agencies and not-for-profit corporations
that fund, or have funded leading edge research and
programs (i.e. OIT):
Q In 2003 you gave a speech at the opening of MaRS
where you pointed out how disappointing Canada's
spending on R&D was and how we had to end the old
pattern of "invent in Canada and produce elsewhere."
Five years later how are we doing?
A I think there's been an acceptance of the importance
of these issues by everyone - government, academia and
the business community. And this has made things
better. For example, MaRS has turned into a wonderful
strategic initiative for bringing people and ideas
together. And we're making progress also in the venture
capital area with new pockets of dollars like the
Ontario Venture Capital Fund in which RBC is a partner.
But I guess everything has to have a "but". There
clearly is more work to be done.
Read full Q A
session

There has not been a Nobel Prize won in the life
sciences area in Ontario since Banting, Best and McLeod
won for insulin in 1923. Since that time, 30 Nobel
Prizes have been won by scientists from Boston, and a
total of 85 Nobel Prizes have been won by American
scientists.