New national agency Canada Innovation Corporation has a mission of making Canadian businesses more innovative and productive. Read more.
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The agency will become a subsidiary of the Canada Development Investment Corporation and will be accountable to Parliament, officials said, but will operate independently from government on a day-to-day basis and will be led by private sector experts.Article content “The CIC will help Canadian businesses across all sectors and regions to innovate, commercialize, grow, and create good jobs in a changing global economy,” officials said, adding that it will work with the private sector to provide targeted support to new and established Canadian companies by delivering funding and advisory services.
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