Canada Innovation Corporation

In February 2023, the Government of Canada released its Blueprint for the Canada Innovation Corporation (CIC).  The CIC will have a focused, outcome-driven mandate to increase Canadian business expenditure on R&D across all sectors and regions of Canada and help to generate new and improved products and processes that will support the productivity and growth of Canadian firms.

While the CIC will ultimately operate as a parent Crown Corporation, CDEV incorporated the CIC as a subsidiary as an interim measure to facilitate the recruitment of senior leadership and prepare for the establishment of operations.

Additional news and updates will be provided as they become available.