Government of Canada continues to announce policy changes aimed at improving economic immigration streams
In May, this included an announcement about expanding settlement services
across the prairies, a move which will help regionalize immigration of skilled workers. In addition, in April 2022, the Government announced
its intention to offer an extended open work permit for international students, among other initiatives.
Sustainable Development Technology Canada (SDTC) lists first ‘made-in Canada’ sustainability changemakers
SDTC has announced
a list of its inaugural Canada’s Sustainability Changemakers. The distinction will be awarded annually to portfolio companies that are leaders in sustainable technologies across the country. The Changemakers for 2022 are: Anaergia (ON), CarbonCure Technologies (NS), Enerkem (QC), Hifi (AB), KEY DH Technologies (ON), NanoXplore (QC), RecycleSmart (BC), Saltworks (BC), Semios (BC), and Vive Crop Protection (ON).
Venture capital slows down after the record-breaking two-year run during the pandemic
In 2021, $14.2 billion
in venture capital investments were made in Canada, a surge that is now seeing a decline
. High interest rates, inflation, and the invasion of Ukraine have caused economic uncertainty
leading to a more conservative venture capital sector.
Countries meet to discuss international cooperation for quantum technologies
On May 5th, the White House led a conversation
with representatives from Canada, Australia, Denmark, Finland, France, Germany, Japan, the Netherlands, Sweden, Switzerland, and the UK on the importance of international cooperation for quantum information technologies. At the meeting, the group discussed principles of openness, transparency, equity, objectivity, and affirming democratic principles. The White House also published its National Security Memorandum (NSM) on Quantum Computing
, which lists the benefits and risks of quantum information sciences. The NSM also calls for continued engagement and cooperation among international partners.