{"id":"boosting-innovation-commercialisation","slug":"boosting-innovation-commercialisation","title":"Boosting innovation and commercialisation","chapter":1,"section":"1.1","section_title":"Making Canada the best place to invest","heading":"Boosting innovation and commercialisation","in_cost_table":true,"capital":true,"fiscal":{"unit":"CAD millions","basis":"accrual, incremental impact on budgetary balance (expense or forgone revenue)","years":["2026-27","2027-28","2028-29","2029-30","2030-31"],"gross":[25.0,200.0,247.0,227.0,237.0],"gross_total":936.0,"flags":[null,null,null,null,null],"adjustments":[],"net":[25.0,200.0,247.0,227.0,237.0],"net_total":936.0,"table":{"pdf_page":161,"printed_page":151}},"description":null,"commitments":[{"text":"To build on this momentum: Budget 2026 proposes to further expand the SR&ED tax incentive program to include certain commercialisation expenses.","pdf_page":127,"printed_page":117,"quote":"To build on this momentum: Budget 2026 proposes to further expand the SR&ED tax incentive program to include certain commercialisation expenses."},{"text":"Budget 2026 announces several initial measures to deliver on that commitment, including: Modernising policies at Canada's three federal granting councils-the Natural Sciences and Engineering Research Council of Canada, the Social Sciences and Humanities Research Council, and the Canadian Institutes of Health Research-to improve commercialisation rates for publicly funded research.","pdf_page":128,"printed_page":118,"quote":"Budget 2026 announces several initial measures to deliver on that commitment, including: Modernising policies at Canada's three federal granting councils-the Natural Sciences and Engineering Research Council of Canada, the Social Sciences and Humanities Research Council, and the Canadian Institutes of Health Research-to improve commercialisation rates for publicly funded research."},{"text":"To help bridge market gaps and catalyse investment in promising new innovations across the economy, including in areas like AI, agri-food, bio-manufacturing, and clean technologies: Budget 2026 proposes to provide $1 billion over six years, starting in 2028-29, to the Strategic Response Fund to support large-scale research and development and innovation projects that can strengthen Canada's long-term competitiveness and growth.","pdf_page":128,"printed_page":118,"quote":"To help bridge market gaps and catalyse investment in promising new innovations across the economy, including in areas like AI, agri-food, bio-manufacturing, and clean technologies: Budget 2026 proposes to provide $1 billion over six years, starting in 2028-29, to the Strategic Response Fund to support large-scale research and development and innovation projects that can strengthen …"}],"amounts_in_text":["$6 million","$930 million over five years, with $235 million ongoing","$1 billion over six years, starting in 2028-29"],"source":{"pdf_page":127,"printed_page":117,"chapter_url":"https://budget.canada.ca/2026/report-rapport/chap1-en.html"},"money_type":"tax","involves_loans":false,"lenses":["businesses","investment"],"key_facts":[{"text":"Expands the SR&ED tax incentive program to include certain commercialisation expenses.","pdf_page":127,"printed_page":117}],"url":"https://budget2026.warreandvavasour.com/measures/boosting-innovation-commercialisation/","chapter_title":"Canada's Investment Supercycle"}