ANNOUNCEMENT 15 Mar 2022

In March 2022, the government of Canada announced an investment of CAD 137.9 million (USD 107.56 million) in support of quantum technology development. The investment consists of four streams, two of which are of GTA relevance. 

NUMBER OF INTERVENTIONS

2

  • 2 harmful
  • 0 neutral
  • 0 liberalising

SOURCE

Natural Sciences and Engineering Research Council of Canada. News release "Government of Canada announces new investments in support of National Quantum Strategy". Retrieved on 23/03/2022. Available at: https://www.nserc-crsng.gc.ca/Media-Media/NewsDetail-DetailNouvelles_eng.asp?ID=1307

Inception date: 15 Mar 2022 | Removal date: open ended

Financial grant

On 15 March 2022, the government of Canada announced the Alliance Quantum grants to support quantum innovation. The budget for the project is CAD 62.4 million (approximately USD 48.67 million). The application for grants will open in Spring 2022. 

Through this investment, the government aims to engage in collaboration with private, public, and non-profit entities to enhance Canada's quantum research and technological capabilities. 

The measure was announced by François-Philippe Champagne, Minister of Innovation, Science and Industry. The Alliance Quantum grants will be coordinated and disbursed by the Natural Sciences and Engineering Research Council of Canada (NSERC) as a part of the National Quantum Strategy implementation (see related state act). 

The NSERC is a Canadian national agency that finances scientific and technical innovations, working with for-profit enterprises, universities, as well as non-profit entities.  

AFFECTED SECTORS

 
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Inception date: 15 Mar 2022 | Removal date: open ended

Financial grant

On 15 March 2022, the government of Canada announced the Alliance Consortia Quantum grants to support quantum innovation. The budget for the project is CAD 40.4 million (approximately USD 31.5 million). The grants will be channelled to stimulate quantum research and innovation hubs, meeting the demands of industry and government. 

The announcement was made by François-Philippe Champagne, Minister of Innovation, Science and Industry. The Alliance Consortium Quantum grants will be led by the Natural Sciences and Engineering Research Council of Canada (NSERC) as a part of the National Quantum Strategy implementation (see related state act). 

The NSERC is a Canadian national agency that finances scientific and technical innovations, working with for-profit enterprises, universities, as well as non-profit entities. 

 
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