Majid Jowhari at the Industry, Science and Technology Committee

On November 24th, 2020. See this statement in context.

November 24th, 2020 / 12:45 p.m.

Liberal

Majid Jowhari Liberal Richmond Hill, ON

Thank you, Madam Chair. I'll be splitting my time with MP Erskine-Smith.

I have a quick question for Mr. Kennedy.

Mr. Kennedy, the main estimates indicate that ISED is requesting about $742 million for the SIF program, the strategic innovation fund. This is about $170 million more than the previous year and double the amount from two years ago.

I looked at the website. It talks about the program's having announced 65 projects and $2 billion in contributions and says it has created and maintained about 67,000 jobs.

Can you tell me how much of this fund is left, out of the original fund, and what the $169 million being asked for is focused on?

See context to find out what was said next.