Getting the Deal Done: Unlocking Innovation from Within Canadian Universities

    TORONTO, Oct. 31 /CNW/ - Five young Canadians from the Action Canada
program, a national fellowship for young leaders, released recommendations on
how intellectual property from Canadian universities can be unlocked to bring
new ideas and companies to market to make Canada a world leader in innovation.
    "University inventions have the potential to improve our health and
safety, protect our environment, and make our businesses more productive and
competitive," said task force member Sana Halwani. "We are seriously
underperforming and this problem must be addressed."
    The report presents 10 recommendations aimed at making technology
transfer a priority, improving speed of innovation going to market, and
ensuring proper investment in commercialization at Canadian universities. The
full report can be found at in both English and
    In May 2007, the Government of Canada launched its Science and Technology
Strategy, highlighting the importance of research and development to the
economic growth of Canada. The Action Canada task force study urges Canadian
policy-makers to take action before Canada slips further behind in the race to
a knowledge economy.

    Action Canada is a unique Canadian leadership development program created
in 2002 by Vancouver businessman Sam Belzberg and Simon Fraser University
president emeritus Jack Blaney. Their goal was to build leadership for
Canada's future by identifying young Canadians who had shown ability,
initiative and commitment to Canada, and by developing their skills, enriching
their understanding of the country and establishing a Fellows' network for the
future. Information may be found at the Action Canada website at

For further information:

For further information: David Kelton, Media Relations, Getting the Deal
Done: Unlocking Innovation from Within Canadian Universities, (647) 403-0741

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Action Canada

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