QUESTION PERIOD — STRATEGIC INNOVATION FUND
Making sure that Canada is a top destination for businesses to invest, grow and create jobs and prosperity for Canadians is one of the Government's top priorities. The Strategic Innovation Fund's (SIF) objective is to spur innovation for a better Canada by providing funding to support innovative, intellectual property-rich firms (targeted $250M investment over five years). Senator Deacon rises in the Chamber to ask the Government Representative of the Senate when Canadian companies will start to receive funding on equal terms with foreign companies, incentivizing them to strengthen their IP portfolio, which is crucial to their global competitiveness.