Promising that it “will not be just another funding agency,” the federal government is launching a new Canada Innovation Corp. that promises to help businesses commercialize their research and protect intellectual property. The future Crown corporation is a renamed version of a plan first announced in the 2022 budget, where it was originally called the Canadian Innovation and Investment Agency. The budget said it would have $1-billion in funding over five years, but Thursday’s announcement boosts that to $2.6-billion over four years and promises annual funding thereafter. The higher funding figure is largely due to the fact that the more...