Canada Innovates in Construction
Announcement posted by DesignBuild Source 11 Jul 2012
As a nation which spends a low proportion of its Gross Domestic Product (GDP) on research and development compared to other advanced economies, there is a perception that Canada is falling behind in innovation.
In terms of construction, the Canadian Construction Association is taking the bull by the horns and trying to bridge the gap, working toward establishing a new research institute.
Named Canadian Construction Innovations, the goal of the new institute revolves around driving competitiveness, productivity and financial performance within the industry.
We put a steering committee together to establish an institute to increase investment in research and development in the Canadian construction industry” Don Whitmore, chair of the new committee, is quoted as saying in the Journal of Commerce. Whitmore adds that the committee has already conducted several meetings.
The objectives of CCA revolve around increasing private sector investment in R&D and commercialising research and processes that generate new business opportunities.