Innovation and Technology Policy Planks for major federal political parties: Add your views today!
September 29, 2015

Liberal Party of Canada Election Policy Planks

  • Cleantech.

    • Enhance tax measures to generate more investments in cleantech.

    • Provide more support to SMEs for exporting clean technologies.

    • Establish the Canada Green Investment Bond to support large- and community- scale renewable energy projects.

    • Invest $200M per year to create sector-specific strategies that support innovation and clean technologies in the forestry, fisheries, mining, energy, and agricultural sectors.

    • Invest $100M per year in cleantech producers.

  • Jobs.

    • Increase annual funding to the Labour Market Development Agreements with provinces by $500M.

    • Increase funding to be delivered by the provinces and territories by $200M a year to train workers who are not eligible under the federal program.

    • Invest $50M in the Aboriginal Skills and Employment Training Strategy (ASETS).

  • Youth.

    • Invest $1.3B over three years to create jobs and opportunities for young Canadians.

    • Renew the Youth Employment Strategy (YES) with $300M in annual funding over three years. Funding for YES would then be set at $385M per year.

  • Fisheries. Reinstate $40M into federal ocean science and monitoring programs. The funding will be used to ensure the health of fish stocks and support the aquaculture industry.

  • Arts.

    • Double investment in the Canada Council for the Arts to $360M per year and provide $25M in additional funding to Telefilm Canada and the National Film Board.

    • Increase funding for the Promart and Trade Routes international cultural promotion programs, as well as the Young Canada Works Program.

Conservative Party of Canada Election Policy Planks

  • Manufacturing.

    • Establish a Manufacturing Technology Demonstration Fund to support large, pre-commercial projects in advanced manufacturing. The Fund would have a $100M budget over five years and would provide non-repayable grants. Applicants would need to form partnerships in order to apply: each project would include a larger “anchor” firm, SMEs, and academic sector partner.

    • Provide $30M in funding over five years to support the creation of a new Advanced Manufacturing Hub in Burlington to encourage the development of cutting-edge products and technologies.

  • Mining.

    • Extend the Mineral Exploration Tax Credit for three years.

    • Introduce an enhanced 25% Mineral Exploration Tax Credit for Northern and remote projects.

  • Apprentices. Increase the Apprenticeship Job Creation Tax Credit (AJCTC) from $2k to $2.5k per eligible apprentice and extend eligibility to the third and fourth years of apprenticeship training.

  • Fisheries. Invest $20M over three years to support the Canadian lobster industry.

  • Job Creation. Aim to create 1.3M new jobs by 2020.

  • Taxes.

    • Reduce the small-business tax rate from 11% to 9% by 2019. The cuts would provide about $2.7B in tax relief to about 700k small businesses over the next four years.

    • Reduce the corporate tax rate from about 22% to 15%.

  • Quebec. Launch the “Quebec Maritime Prosperity” initiative to support job creation in the St. Lawrence River region.

  • Industry Associations. Provide $65M over four years to industry associations to work with post-secondary institutions to better align curricula with the needs of employers.

  • Culture. Create a $15M endowment incentive fund to support local museums. The program, which would see the government match funding from individual donors, would be capped at about $15M per year.

New Democratic Party Election Policy Planks

  • Manufacturing. Take concrete action to protect and create jobs in the auto and aerospace industries.

  • Cleantech.

    • Redirect $1B a year from fossil fuel subsidies to invest in the cleantech sector.

    • Invest in Sustainable Development Technology Canada (SDTC), the country’s leading funder for cleantech.

  • Jobs. Create 54,000 jobs in the construction, manufacturing and transit operation sectors across the country.

  • Youth. Create opportunities for 40,000 young Canadian through NGO and private sector training partnerships.

  • Taxes.

    • Cut the small-business tax rate from 11% to 9%.

    • Increase corporate taxes from 15% to 17% to raise about $3.7B.

  • Stock options. Fully tax gains from senior corporate executives exercising their stock options to prevent a tax “loophole” that benefits CEOs and the “wealthiest Canadians”. The change would not affect stock options granted by early-stage companies. (being revised)