For the 45 research projects approved, almost $100 million had been committed but not necessarily spent.
Every year in Canadian and U.S. grocery stores, 20,000 new products are tried out.
Market leaders such as Amazon, Netflix and Google will fall by the wayside if they are unable to keep innovating and satisfying consumers.
Canada dropped to 17th among developed countries for innovation performance.
GM will use the $6 billion it saves by shuttering plants to enter the driverless and electric car markets.
Ontario raised its top personal income tax rate by 3.1 percentage points, preventing up to 2,158 new businesses from starting.
Ontario needs policies that encourage Ontarians to spend more energy and imagination working and innovating.
Demographics and Entrepreneurship blog series: Louder applause plus less regulation equals greater entrepreneurship
Regulators continue to downplay the deleterious impacts of their rules.