The Cross-Border Biotech Blog

Biotechnology, Health and Business in Canada, the United States and Worldwide

Bailout Bedfellows

A brief was released jointly last night (pdf) by 7 Canadian national organizations:

  1. Association of Canadian Academic Healthcare Organizations(ACAHO)
  2. Association of Faculties of Medicine of Canada (AFMC
  3. BIOTECanada
  4. Canada’s Research-Based Pharmaceutical Companies (Rx&D)
  5. Health Charities Coalition of Canada (HCCC)
  6. MEDEC – Canada’s Medical Technology Companies
  7. Research Canada: An Alliance for Health Discovery

Update: the Brief calls for Government action in four areas:

  • Tax policy (the BIOTECanada asks, plus measures to encourage charitable contributions);
  • Continued investment in world-class infrastructure;
  • Support for research and management talent in research and innovation; and
  • Increased investment in discovery research (granting councils and a $100 million increase for CIHR)

More info from the press release

[The] Brief is unprecedented and identifies a series of recommendations in four strategic areas for the knowledge-based economy (tax policy, infrastructure, people, and discovery research) that are designed to not only provide a short-term boost to the economy, but to position Canada for sustained economic prosperity over the medium- and longer-term.

The Brief also builds on the federal government’s science & technology strategy released in 2007 by ensuring that Canada continues to have the tools to compete in an increasingly competitive and interdependent global economy that prizes the creation and ownership of new knowledge.

3 responses to “Bailout Bedfellows

  1. Pingback: Canada Budget Reax « The Cross-Border Biotech Blog

  2. Pingback: Allocating Spending to Support R&D: UK, U.S. and Canadian Approaches « The Cross-Border Biotech Blog

  3. Pingback: Bailout Update: UK and Canada « The Cross-Border Biotech Blog

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