You can point to a lot of things, but a central problem is Mark Carney. If there’s no profit (short-term!) to be made, he won’t spend a dime on it. Basic research, climate change mitigation, food inspection, and healthcare are all meeting the economist’s axe.
Basic research has been in retraction since Trudeau took office. With the collapse of the NIH, Carney responded with flat budgets because Canadian researchers now have nowhere to go to properly fund research.
Canada spends $18B/yr in public funds on drugs. We spend $400B in healthcare, we barely spend $1.3B on biomedical research. Historically, the US took up the slack with $38B in spending but Trump ended that and the entire G8 has done nothing to address this.
You can point to a lot of things, but a central problem is Mark Carney. If there’s no profit (short-term!) to be made, he won’t spend a dime on it. Basic research, climate change mitigation, food inspection, and healthcare are all meeting the economist’s axe.
Basic research has been in retraction since Trudeau took office. With the collapse of the NIH, Carney responded with flat budgets because Canadian researchers now have nowhere to go to properly fund research.
Canada spends $18B/yr in public funds on drugs. We spend $400B in healthcare, we barely spend $1.3B on biomedical research. Historically, the US took up the slack with $38B in spending but Trump ended that and the entire G8 has done nothing to address this.
Still lots of money for planes and tanks.
MC is investing tons into ai and DCs
So do you think ai is profitable, or do you admit your statement is in error? Either is fine.