Quebec to spend almost a billion on ICT research

By Glenn Wanamaker

QUEBEC – The Quebec government has released a new research and innovation strategy, backed up by $888 million of additional spending over three years, part of which will go to information communications and technology (ICT). Recognizing that research and innovation are more crucial than ever, the strategy will devote $400 million to public and industrial research, and to strengthen measures encouraging the transfer of research findings. Another $420 million will be spent on research infrastructure, and about $80 million will support research by businesses through changes to existing tax credits. The strategy, outlined this week by Premier Jean Charest and...