The Honourable Gary Goodyear, Minister of State for Science and Technology, speaks about research funding cuts at the annual Research Money conference

The Honourable Gary Goodyear, Minister of State for Science and Technology, speaks about research funding cuts at the annual Research Money conference: http://news.gc.ca/web/article-eng.do?nid=674769 does this means support for research or just another way of supporting industry!!!??? no one says stop supporting industry but that should not come at the expense of supporting science oriented research... ""Canada's long-term economic competitiveness depends on encouraging research that can be commercialized and used to fuel the high-growth companies of tomorrow," said Minister of State Goodyear. "By focusing on the drivers of growth and job creation, the measures announced by our government are strengthening the entrepreneurial spirit of this great country."
Economic Action Plan 2012 builds on Canada's advantageous economic position and adopts a new approach to enhance support for greater business innovation. This includes providing $400 million to help high-growth firms access risk capital, supporting private and public research collaboration, encouraging innovation through procurement and refocusing the National Research Council of Canada."