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#ONBUDGET 2017 invests $75 million in Advanced Computing

The Ontario government tabled its 2017 to 2018 budget, which included investments in the province’s tech sector.

“Tech CEOs welcome the signals in this year’s budget to grow Ontario’s innovation outputs. The government should double-down on this path so that we can see jobs and wealth grow in our high-tech sector,” said Benjamin Bergen, Executive Director of the Council of Canadian Innovators. “Ontario is primed to be home to many billion-dollar domestic technology firms, but only if Ontario works hand-in-glove with its domestic innovators to help them grow and scale-up their companies.”

The government is partnering with Waterloo’s Quantum Valley to create the Quantum Valley Ideas Lab, which will focus on research, training, and supporting quantum science academics.