With the cost of living sky-rocketing and incomes lagging, it’s no wonder why people are anxious about their financial futures.
No one teaches you this stuff in high school. But there will soon be an app for that, thanks in part to recent York University research funded by Mitacs.
“Most Canadians don’t have a tool to optimize their investments and only the wealthiest Canadians have access to professional financial advice. But everyone needs a solid plan for retirement,” says Dr. Michael Chen, Professor of Mathematics at York University.
As Executive Director of SmartICE Carolann Harding says, “We are a social enterprise first and foremost, and we take that very seriously. To us, maximizing a positive social impact with our community partners is our top priority.”
With one in four recent Canadian STEM graduates leaving the country, citing better job opportunities abroad*, talent migration affects us all. A shortage of talent in the fields of science, technology, engineering, and math constrains Canada’s potential for economic diversity, development, and innovation.
The Royal Bank of Canada (RBC) may have found a solution to Canadian brain drain. Its research and development unit, Borealis AI, supports innovation through scientific study and exploration in machine learning and artificial intelligence.
Mitacs internships facilitate connections between university students and non-academic partners across Canada. Partner organizations get the immense benefit of high-quality, rigorous research support and access to ground-breaking knowledge from academia—which may be inaccessible otherwise. Highly-skilled students get to apply their research expertise beyond their academic settings, while also building important skills and connections that serve them after graduation.
Research is essential in the natural products space, where consumers need evidence that products are effective and safe.
But for a small company, doing research isn’t simple. Projects and lab equipment are costly. It’s difficult to find and attract specialized talent. Making connections and fostering relationships between industry and academia is invaluable for a small company like Bend, which wants to maintain leading-edge work.
Kobo’s Big Data Director Darius Braziunas says he knew early on that to stay competitive in the e-book world Kobo would need to collaborate with university researchers to take their products to the next level.
While most smartphones are adept at capturing close-range speech, noisy environments like rock concerts pose a different challenge. Screaming crowds drown out the music, leading to poor playback quality on the phone.
LG turned to ESS to develop audio-amplifying microchips that can distinguish between the melody and “malarkey” in a concert venue.
The MScAC degree is a unique two-year program that pairs graduate students with information technology companies for internships, following eight months of advanced courses in computer science. Caroline jumped at the opportunity to apply her skills in a business environment through a Mitacs Accelerate internship, a research grant awarded for students in the program.
Eigen’s CEO, Scott Everett, contacted his former professor, Dr. Rickey Dubay, in the Department of Mechanical Engineering at the University of New Brunswick, to see if he could help. Through a Mitacs Accelerate internship, Professor Dubay, in turn, connected Scott with postdoctoral fellow Soheil Parsa who had the expertise to address the challenge.