Highlights from New Brunswick’s Innovation Agenda (2018) Innovation Ranking 2018 (Conference Board of Canada, 2018) NB Government Department 2018-19 NB Budget ($ M) 2019-20 NB Budget ($ M) Budget % Change Provincial government to invest over $53.5 M from 2018-19 to foster innovation and boost research and New Brunswick R&D and Innovation Ecosystem (2019) development in New Brunswick General Government 792.6 857.7 8% UNB Strategic Research Plan (2016-2021): 7 Key Research Areas Innovation agenda outlines six pillars that focus on fostering an innovative culture, including: Agriculture, Aquaculture and Fisheries 38.2 40.5 6% 1. Grow Innovators Environment and Local Government 153.1 162.0 6% • Expand innovation-related talent pool in the province, including the number of students at all levels engaged Executive Council Office 12.6 13.2 5% in science, technology, engineering and mathematics (STEM) Other Agencies 386.1 403.5 4% • Grow culture of innovation Social Development 1,213.2 1,251.2 3% People: 3,312 foreign post-secondary 2. Boost R&D Capacity Education and Early Childhood Development 1,304.6 1,340.8 3% • Ensure research leveraging ratios remain strong with increased investment Health 2770.0 2,828.0 2% students studying in NB (2016/17) Canada New Brunswick • Increase number of graduate students in areas of strategic importance Service of the Public Debt 675.0 677.0 0% • Encourage research and development (R&D) partnerships and increase industrial R&D Post-Secondary Education, Training and Labour 654.7 646.8 -1% Total population: 770,633 (2017) Of these, 35% were in STEM fields Total population: 37,058,856 (2018) • Increase federal government R&D Energy and Resource Development 109.2 106.5 -2% Gross Domestic Product (2017) Gross Domestic Product (2017) 3. Commercialize, Start and Scale Enterprises Legislative Assembly 30.7 29.2 -5% 1.4% of the Canadian total (245 K) Office of the Premier 1.60 1.49 -7% GDP: $2,142B (2017) Real GDP: $32.9 B (2017) (2012 chained dollars) • Improve rate of commercialization th • Strengthen support for start-ups Tourism, Heritage and Culture 81.83 72.66 -11% Money: $11 M for contract Global GDP ranking: 10th (World Bank, 2017) Provincial GDP ranking: 9 • Scale up high potential entrepreneurs Transportation and Infrastructure 1,075.6 890.0 -17% Real GDP growth: 1.83% GDP growth: 1.9% (2017) • Fuel innovation through investment attraction (IA) activities Opportunities New Brunswick 49.0 40.4 -17% research from firms (2016) Exports (goods/services): $26.6 B (2017) • Increase the number of ‘scale-up’ firms growing beyond 10 employees in key export-based sectors Regional Development Corporation 300.4 220.5 -27% Gross domestic expenditures on R&D Total Expenses 9,616.0 9,822.6 2% $12 M for research from GERD: $34,5 M (Stats Can, 2018) Imports (goods/services): $31.9 B (2017) 4. Foster Innovation Spaces • Generate new models of economic and social innovation through partnerships with NouLAB, LivingSJ, NB- GERD/GDP: 1.61% (2017) IRDT, NBSPRN and other organizations HIGHER EDUCATION private NPs (2016) OECD GERD/GDP average: 2.38% (2015) Gross domestic expenditures on R&D (2016) • Boost investment into innovation infrastructure under Strategic Infrastructure Initiative (SII) OECD GERD/GDP Ranking: 19th/35 (OECD, 2015) GERD: $356 M Money: Tuition per student (2018/19) Provincial ranking: 8/10 • Increase social enterprises in New Brunswick ` 5. Lead the Cybersecurity Agenda in Canada Higher Education in NB UNB was recently named Canada's most UNB is responsible for 75% of publicly funded GovERD: $1,973 M (Stats Can, 2018) GERD/GDP: 1.10% entrepreneurial university by Startup Canada research in New Brunswick • Empower critical infrastructure protection in the province and beyond Intl. undergrads: $27 K BERD: $17,928 M (Stats Can, 2018) GovERD* (funded): $10 M UNB is NB’s academic leader in Smart Grid research Canada’s Research Chair Positions: 11 • Conduct innovative research and continuous improvement to empower Critical Infrastructure organizations to NB public institutions: Higher education R&D and is part of the Smart Grid Innovation Network. HERD: $14,107 M (Stats Can, 2018) Provincial ranking: 9/10 operate and provide services securely and efficiently 9 expenditures (2016): UNB's Research Centre for Smart Grid Technologies UNB welcomed the nation’s first Cannabis Intl. grads: $16 K GovERD/GDP: 0.031% Money: has invested over $13 M in Smart Grid Research research chair in November 2018 8,172 NB post-secondary Total # of businesses (excludes public sector): GovERD (performed): 0 • Build scale and capacity to support business growth, workforce development & high value career universities HERD: $187 M LINKING ORGANIZATIONS Money: $26 M for high-ed. R&D (2016) Provincial ranking: 9/10 1,160,997 (Stats Can, Dec 2018) BERD: $127 M opportunities in cybersecurity $2,925 M total SR&ED (2018) in Canada 5 $354 M $305 M 12.8 % $ 39.0 M colleges HERD/GDP: 0.58% grads / year (2016) Breakdown by Business Size: Provincial ranking: 8/10 6. Become a Smart Province Of the $26 M federal support for high-ed. R&D in NB, Income Total expenditures of UNB’s expenditures are on Sponsored research Ocean Supercluster • Make the wealth of government data and information available to all citizens and institutions through Open sponsored research Small (1-99): 1,240,532 BERD/GDP: 0.39% expenditures Goal: Transform Canada’s ocean economy into a technology-driven, digitally $9 M federal support for private sector R&D in NB ~$17.6 M comes from Tri-Councils funding (2017-18) 18.5% of NB’s population Proportion of population aged University: 4,806; People: 4,113 immigrants to NB Medium (100-499): 18,511 Data Initiative powered knowledge economy and grow Canada’s ocean economy from $20B HERD: $187 M with a bachelor’s degree 25-64 who completed post • Support development of new applications, products and services using Digital ID for citizens, a single, secure to over $30B by 2050. Large (500+): 1,954 Provincial ranking: 9/10 or higher were in the secondary education (2016): Note: Current as of May 2018. The most recent data available were used. For details, see the Methodology & Data section of the Provincial and Territorial Innovation Ranking Report, Conference Board of Canada. UNB Strategic Research Plan (2016-2021): 7 Key Research Areas Smart Ocean Technology: Digitalization of ocean ecosystem data and College: 3,366 (2017-2018) GERD/GDP: 0.58% electronic representation of a person STEM fields of study Univ. College NB 20.2% 26.1% maritime operations, autonomous systems to enhance operational *NB, NFL, NS and PEI governments do not perform • Foster public and private sector innovation and the development of new applications to improve access to compared to 24.8% in Exports (Goods/Services): 662 B (2017) Canada 28.5% 22.4% Humanity, Culture, and Economy, Business, and Health, Wellness, and Digital Society, Computing, and Materials, Manufacturing, Energy, Natural Resources, Ecosystems, Earth, and the performance, and the integration of ocean data for enhanced prediction and 1.5% of the Canadian GovERD, thus funded GovERD was taken. All other government services for NB citizens, enabled by Digital Lab Canada (2016 Census) Societal Change Entrepreneurship Human Behaviour & NB total exports (2017): $26.6 B Imports (Goods/Services): $711 B (2017) Mathematical Foundations and Processing and Sustainable Development Universe risk characterization. Established ocean sectors of focus: GERD statistics were performed. • Become the first digital society in North America Development Emerging ocean sectors of focus: total (532 K) To other countries HERDHERD per ProvinceProvince (2016) (2016) 1. Wild fishery 6,000 5,657 1. Marine renewable energy Goods: $12.7 B 2. Shipping 5,000 2. Offshore aquaculture Services: $1.3 B 4,000 3,453 3. Ship-building Innovation, Science and Economic 3. Ocean frontier oil and gas To other provinces NB PROVINCIAL OBJECTIVES 3,000 Exploration of human Improvement in energy efficiency, Exploration of macroeconomic 4. Maritime defence Federal Science Based Departments & Agencies Granting Councils expression and communication, Research pertaining to disease Exploration of digital technologies and Researchers are making extraction, production and Research in this area involves Development Canada (ISED) 2,000 1,603 1,462 history, culture, demographics, policy and regulation of capital prevention along with the exploration into the mysteries of 4. Marine bio-resources Goods: $7.1 B markets, and microeconomic analysis of massive datasets. Also advances in polymers, metals, environmental sustainability. social problems, and the impact promotion of mental, physical includes AI, cybersecurity, digital biomaterials, inorganic, smart, life, the complexities of nature, 1,000 416 403 332 decision making, and Research into energy storage, smart 5. Offshore oil and gas Annual budget: $2,905 M (2018-19) 258 187 40 of culture and society on and social wellbeing and the laws of the universe Services: $5.5 B Natural Sciences & Engineering Research Council Social Sciences and Humanities Research Council Canadian Institutes for Health M) HERD perProvince($ enterprise management privacy, data mining, big data analytics nano and biomedical materials grid technologies and renewables New Brunswick Contributors: Fisheries and Oceans Canada - individuals Economic Targets Total R&D expenditures: $676 M (2018-19) | 32% National Research Council Canada (NRC) (NSERC) (SSHRC) Research (CIHR) • Academia: UNB, U de M, NBCC NB exports grew by 20.4% (up $2.2 B) from 2016 (Canada’s State of Trade, 2018 Update) Annual budget: $2,446 M (2018-19) ON QC BC AB NS MB SK NFL NB PEI • decrease since 2017-18 Annual budget: $1,027 M (2018-19) Total R&D expenditures: $685 M (2018-19) | 4% • Envenio, Irving shipbuilding, Teledyne CARIS, Atlantic Towing (JD Irving) Increase competitiveness and innovation by supporting innovators, boosting R&D, Total R&D expenditures: $0 M (2018-19) Total R&D expenditures: $1,201 M (2018-19) | 9% Total R&D expenditures: $1,117 M (2018- Province Total R&D expenditures: $966 M (2018-19) | 0.2% increase since 2017-18 increase since 2017-18 UNB’s Contribution to Atlantic Canada’s Sponsored Research Sponsored Research Expenditures as Percent of Total Expenditures Other Important Contributors: fostering entrepreneur growth, ensuring critical infrastructure is in place, creating Strategic Innovation Fund (SIF): • The Government of Canada and the Province of 19) | 6% increase since 2017-18 UNB’s Contribution to New Brunswick’s Sponsored Research increase since 2017-18 Total extramural R&D expenditures: $1,074 M (2018-19) Total extramural R&D expenditures: $625 M (2018-19) Atlantic Canada UNB Cisco, Microsoft, Siemens, Fugro, IBM, MAN diesel and turbo, TechnipFMC, $1.26 B / 5 years (2017-22) New Brunswick announced $460 K to improve the Total extramural R&D innovative government, and leading the cybersecurity agenda UNB Sponsored Higher Education Teekay Corporation, exactEarth Industrial Research Assistance Program (IRAP) Budget 2019: Budget 2019: Average Contributions, repayable or not, to firms of all sizes across effectiveness, quality and sustainability of the fish expenditures: $1,007 M (2018-19) HERD Per Capita by Province (2016) Research Expenditures PRIVATE SECTOR GLOBALGLOBAL MARKETS • Focus on the commercialization of innovation (converting ideas into money) Annual budget: $269 M (2017-18) • $34 M / 5 years for “Supporting Graduate Students • $48 M / 5 years for “Supporting Graduate Students 487 UNB 6.3% Canada's industrial and tech sectors and seafood sector, a contribution that derives 500 440 UNB Through Research Scholarships” Through Research Scholarships” Budget 2019: 419 406 381 Sponsored • Increase funding to HERD according to important S&T sectors such as cybersecurity, Fall Economic Statement 2018 Number of Full Time Staff: 410 (Actual) from the $400 M Atlantic Fisheries Fund 400 • $32 M / 5 years for “Supporting Graduate 347 328 Research

Industry # Employed (1000s) Targets • $800 M in additional funding to SIF Includes a network of over 255 Industrial Technology • The Government of Canada and the Province of Total grants awarded (2017-18) Funding # Awards Total grants awarded (2017-18) Funding # Awards Students Through Research Scholarships” 305 291 Expenditures Accelerators and Incubators cannabis, and smart grid 300 270 245 Business Type by Number of Number of Businesses Healthcare and social assistance 60.0 Innovative Solutions Canada (ISC): Supports the scale-up Advisors (ITAs) New Brunswick announced a repayable Canada $1,165 M 25,551 Canada $388 M 9,791 39.0 M Canadian Business Expenditure on R&D Total grants awarded (2017-18) 200 Scale-up Atlantic Canada Wholesale and retail trade 53.4 Origin of New Brunswick Imported Goods (2018) Destination of New Brunswick Exported Goods (2018) • Provide incentives to increase BERD and growth of Canada’s innovators and entrepreneurs Engages roughly 8,000 SMEs annually 1. Ontario $161 M 4,229 Employees (June 2018) contribution of just over $1 M for Miscou Fish 1. Ontario $435 M 9,041 New Brunswick Location: UNB, Fredericton BERD: $16,745 M (2017, performing sector) Employment by Industry in New Brunswick and Canada (2018) Manufacturing 31.3 2. Quebec 2,584 100 Small businesses, 1-99 25,811 • Attract leading international companies in current and emerging clusters (e.g. Siemen's

Funding: Over $100 M from 20 federal departments • Products Inc. and the Canadian Crab Packers $276 M 5,670 2. Quebec $107 M $ 39.0 M of $ 354.5 M 12.8 % Key Industry: Various Healthcare and social assistance Educational Services 26.4 HERD per Capita($) HERD per NRC’s Institute for Information Technology is located Funding: $2 M # Awards: 17 Capita($) HERD per $ 39.0 M of $ 55.9 M BERD/GDP: 0.78% (2016 OECD avg: 1.62%) Medium businesses, 100-499 402 Wholesale and retail trade Associates Limited for new equipment and 6. Nova Scotia $44.5 M 765 5. Nova Scotia $12.9 M 239 0 Purpose: Help companies grow and accelerate the environment that makes growth a core by th Construction 23.3 FEDERAL GOVERNMENT Build in Canada Innovation Program (BCIP): Tests at UNB, Fredericton NB CIHR performance NFL NS QC ON Canada AB BC MB SK PEI NB BERD/GDP OECD Ranking: 20 /35 (OECD, 2016) Large businesses, 500+ 49 Manufacturing global smart grid development centre in Fredericton) 8. Newfoundland and Labrador 0 % 20% focusing on customers, capacity, and cash Educational services Canadian businesses’ innovative pre-commercialized • technologies to improve the efficiency and $12.5 M 367 8. Newfoundland and Labrador $4.4 M 103 Province $0 $354.5 M Total 26,262 Accommodation and food services 23.3 NRC has digital technologies research facilities in 1. U De M: $0.8 M Accommodation and food services • 9. New Brunswick 119 Construction Transportation and warehousing 18.2 Grow the cybersecurity cluster by attracting top critical infrastructure companies goods and services within the Government before taking Moncton effectiveness of their processing operations $11.6 M 336 9. New Brunswick $4.0 M HERD per Capita Atlantic Canada Average $ 0 $55.5 M $350 K contribution from the NB government (through ACOA) to UNB TME to lead the initiative 10. PEI (3 awards) Transportation and warehousing Finance, insurance and real estate 16.7 Prime Minister Parliament them to market Budget 2019: • The Atlantic Fisheries Fund is a contribution $3.76 M 75 10. PEI $0.64 M 12 UNB contributes $39 M of Atlantic Canada’s $354.5 M UNB’s % expenditures on sponsored research are higher than Finance, Insurance and Real Estate 2. UNB: $0.6 M Business, building and support services Business, building and support services 16.2 UNB performs 69.8% of sponsored research in New Brunswick. What is offered? Provide business expertise to NB’s most promising established companies in program funded jointly by the federal, provincial expenditures on sponsored research. Atlantic Canada average for higher education institutions. Professional, scientific and technical services

Innovation Canada: Launched in January 2018 to provide • Strengthen Canada’s world class physics research ($158 M / BERD Per Capita by Province (2016) Professional, scientific and technical services 16.1 Source: New Brunswick Innovation Agenda, April 2018 Industry (10 awards) Industry NB NSERC performance NB SSHRC performance Sponsored Research Expenditures by Province & scaling up. The program offers peer-to-peer support with classroom-based learning opportunities BERD by Province (2016) Other services (except public administration) 4 years) and territorial governments; it will invest over Research Expenditures/Sponsored Information, culture and recreation Other services (except public administration) 14.5 a single point of contact for Canadian innovators 3. Direct payment $0.5 M Expenditures on Sponsored Research and includes workshops in sales and marketing, finance and organizational development 700 $8.4 M (216 Awards) $2.0 M (67 Awards) 9,000 Agriculture $400 M / 7 years to support Canada’s fish and 1. UNB 1. UNB 8,278 $607 $594 Information, culture and recreation 11.4 Cabinet Parliamentary Committees Funding: $13.5 M / 5 years, $3 M per year ongoing 120 0.3 Scholarship Funding per Academic Discipline Number of Research Institutes/Centres at UNB 8,000 600 Mining, Oil/Gas, Quarrying 2. Mount Allison $1.6 M (48 Awards) 2. U De M $1.0 M (30 Awards) (3 awards) $498 Total Total Expenditures Forestry and logging Agriculture 6.0 Concierge Service: A single point of entry for Canadian Environment and Climate Change Canada seafood sector 100 0.25 7,000 500 $474 3. U De M $1.3 M (64 Awards) 3. Mount Allison $0.34 M (12 Awards) 4. St. Thomas: $2.4 K Forestry Pond-Deshpande Centre (PDC) Utilities Mining, oil & gas and quarrying 4.4 Fishing, hunting and trapping Social Targets 80 0.2 UNB NSERC Award Funding by Subject (2017-18) UNB SSHRC Award Funding by Subject (2017-18) 6,000 $343 SMEs to gain access to funding, and services; concierge Annual Budget: $1,516 M (2018-19) Education Location: UNB, Fredericton 5,008 400 4. CCNB $0.2 M (3 Awards) 4. St. Thomas $0.30 M (7 Awards) (1 award) 0.0% 2.0% 4.0% 6.0% 8.0% 10.0% 12.0% 14.0% 16.0% 18.0% 20.0% Forestry and logging 3.3 Treasury Board of Canada Secretariat Privy Council Office 60 0.15 5,000 300 $260 $241 does not directly provide funding, but redirects an SME to Total R&D Expenditures: $166 M (2018-19) | 0.6% Agriculture and Agri-Food Canada Percent Award Percent of Percent Award Percent of Information Technology Key Industry: Various Employment Percentage of Total Employment Utilities 3.1 • Invest > $53.5 M to foster innovation and boost research and development in 2018-19 Number Number $176 $166 $161 $160 Budget 2018: Mandate Tracker 40 0.1 Research Subject of Total Funding Total Award Research Subject of Total Funding Total Award Mathematics Purpose: Advance innovation and entrepreneurship by facilitating collaboration among 4,000 200 the appropriate organization for their stage of growth increase since 2017-18 Annual Budget: $2,516 M (2018-19) of Awards of Awards M) BERD ($ Canada New Brunswick Fishing, hunting and trapping 1.8 Government Interfaces Awards Total Funding Awards Total Funding Political Science entrepreneurs, emerging and aspiring companies, students, faculty, and alumni 3,000 2,312 100 • Teach students coding, cybersecurity, digital literacy, and innovation skills such as inquiry

• $2 M / year to establish a central performance 20 0.05 Energy Total, all private sector industries 329.4 BERD per Capita ($) Capita per BERD • All revenue derived from carbon pricing will be Total R&D Expenditures: $438 M (2018-19) Canada Excellence Research Chairs Program Research Support Fund Evolution and ecology 21 9.72% $930,917 11.05% Education 16 23.88% $533,271 26.41% 2,000 1,444 ($) Capita per BERD 0 evaluation team to undertake innovation 0 0 Engineering What is offered? Workshops and funding programs include: Civil engineering 17 7.87% $394,950 4.69% History 9 13.43% $392,664 19.44% 1,000 318 297 152 127 85 QC ON BC AB SK MB PEI NB NS NFL The professional, scientific and technical services industry consist of human capital, and observation through New Brunswick’s 10 Year Education Plan: Everyone At Their Best performance evaluations on an ongoing basis Business Development Program deposited into New Brunswick’s newly created Climate • The Government of Canada and the (CERC) (2018-19) Sponsored Research ($M) Sociology 26 Information technology 15 6.94% $610,000 7.24% Psychology 9 13.43% $225,406 11.16% Subject • Student Ambassador Program: Immerses students in a world of entrepreneurship and social

- Province knowledge, and research based activities. Only 4.9% of New Brunswickers are Canada • $0.75 M to conduct a horizontal skills programing Department of Finance Canada • $3.1 M non-repayable contribution through the Change Fund under the Climate Change Act Government of New Brunswick announced Electrical and electronic engineering 12 5.56% $486,000 5.77% Literature and modern languages 8 11.94% $196,713 9.74% Geography change and allows them to interact with leaders within New Brunswick and internationally; Canada 60 K New Brunswickers are employed in the healthcare and social assistance • Support enhanced educational technology integration into First Nations communities Budget 2017: $117 M / 8 years for 25 new “Canada Annual budget: $369 M Province Hydrology ON QC BC AB MB SK NS NB NFL PEI employed in this innovation-intensive industry, compared to 8.3% in total in Canada. review in 2018-19 Business Development Program for the establishment details of $37 M in federal and provincial Physics 11 5.09% $203,000 2.41% Law 2 2.99% $117,192 5.80% access to $1 K funding industry, making it the highest industry employer in the province. Only 16.1 K Budget 2019: Research Expenditures per university ($M) Sponsored Research as % of Total Expenditures Criminology Province Canada Average ($498) Atlantic Canada Average ($166) • 150” Research Chairs (funded using existing resources) (2018-19) Chemical engineering 9 4.17% $619,400 7.35% Communications and media 2 2.99% $79,878 3.96% • Change-maker Funding Program: Provides on-going support and opportunities along with are employed in the innovation-intensive professional, scientific and technical Promote innovation during Innovation Week with organisations like Science East and NBIF of a Cybersecurity Innovation Centre in Fredericton. • Disaster management preparation and response, critical Partnership funding that will be invested in the Biology funding to early-stage entrepreneurs and innovators; up to $10 K in funding 18.2% of New Brunswickers are employed in healthcare and social assistance, Source: Innovation, Science and Economic Development Canada Source: Innovation, Science and Economic Development Canada NB notional grant amounts Note: Data represent the provincial average of higher education institutions’ research expenditures Geographical information 8 3.70% $444,500 5.28% Social work 3 4.48% $77,500 3.84% services industry. Government Expenditures on Research & Total Federal Intramural and Opportunities New Brunswick, through its infrastructure assessment and resilience ($151.23 M / 5 New Brunswick agriculture sector between now Biomedical engineering 8 3.70% $182,000 2.16% Criminology 2 2.99% $70,934 3.51% compared to 13.6% in Canada. Healthcare is the largest employer in NB. • Attract top students and increase internships, scholarships and research assistantships No chairholder from New Brunswick (2018-19): $ 5.1M 0 1 2 3 4 Development Extramural Expenditures on cybersecurity division CyberNB, is providing a non- years) with PS, ISC, NRCan and 2023 Mechanical engineering 8 3.70% $,147,000 1.75% Archaeology 4 5.97% $69,989 3.47% Be4Change Universities in New Brunswick, and Atlantic Canada, spend less on Pure mathematics 8 3.70% $137,282 1.63% Not specified 2 2.99% $68,354 3.38% Number of Research Institutes/Centres • Be4Change is an accelerator program of the PDC that connects entrepreneurs to a cohort of Total imports: $31.9 B (2017) New Brunswick’s imports come from a variety of Total exports: $26.6 B (2017) Almost all of New Brunswick’s exports go to the US while • Improve cooperation between entrepreneurs, researchers, start ups, and firms of Science and Technology repayable contribution of $956,000 • Implement a Federal Carbon Offset System ($6 M / 2 years) • The Growing Forward 2 (GF2) framework, research in total and as a percentage of their total expenditures Other (29 subjects) 99 45.83% $4,266,614 50.67% Other (7 subjects) 10 14.93% $187,474 9.28% like-minded people to provide learning and mentorship. It has raised over $5.4 M in funds, Goods: $23.0 B destinations, while half of Canadian imports come from Goods: $19.8 B 75% of Canadian exports go to the US, and no other country GovERD: $2,250 M (Stats Can, 2018) (Stats Can, 2018-19) Canada Research Chairs Program Research Support Fund created 50 companies, and created close to 150 jobs different sizes funding under the Partnership will continue to be Services: $8.9 B the US Services: $6.8 B makes up more than 5% of Canadian export destinations Minister of Science Annual investment: $265 M (2017-18) Annual budget: $369M (2018-19) Large and Medium Businesses (200+ employees) by Location and Sector Total: $11.3 B Natural Resources Canada used for programs promoting innovation, Innovative New Brunswick Small Businesses (fewer than 100 employees) by Sector and Location • Invest in incubators and accelerators, and increase seed funding within accelerator GovERD/GDP: 0.11% (OECD, 2017) Budget 2018: Implement a Digital Research Infrastructure research, competitiveness, market development Total number of filled Canada Research Chair positions: Grants awarded (2018-19): Planet Hatch OECD average: 0.26% (2016) Annual budget: $1,453 M (2018-19) New Brunswick Top 5 Merchandise International Imports (2018) programs Extramural: $6.27 B Strategy ($572.5 M / 5 years) and risk management while also giving new Canada: 1,614 Chairs Location: Fredericton Accelerator/ New Brunswick Top 5 Merchandise International Exports (2017) Total R&D expenditures: $355 M (2018-19) UNB: $3.2 M Tech companies are Innovative Small Businesses per Sector Number of OECD Rank: GovERD/GDP: 24th/36 (2016) Intramural: $5.07 B • Investment of more than $1 M to support fundamental attention to initiatives related to climate change, NB: 17 Chairs, 1% of all chairholders in Canada Key Industry: Various mostly located in the Number of Medium and Large Businesses Incubator City • Encourage entrepreneurs to locate to NB and encourage NB entrepreneurs to promote U De M: $1 M $ 2.82 B $ 2.64 B $ 354 M Accelerator / Incubator Businesses per City . research at U de M in areas ranging from physics to Smart Grid and Energy Storage Project UNB: 11 Chairs Higher Education in Atlantic Canada Purpose: Provide mentorship, target programming, and networking Moncton and Saint John per City Agriculture and value-added agriculture, and agri-food 45 • NRCan will contribute $4.1 M towards using machine Mount Allison $716 K areas. environment Agriculture/environment their products globally biology to computer engineering NL: 17 Chairs Income Total Sponsored research 40 Fredericton 33 processing St. Thomas: $106 K The flagship accelerator of NB, Planet Hatch has supported over 200 new companies that have 35 9 1 learning and data analytics to optimize energy 30 Business Services Business (including oils) • Ensure high speed internet throughout the province A New Innovation and Skills Plan NS: 55 Chairs created 400 local jobs Industry/Manufacturing/ 21 Services/Consulting Moncton 14 (including oils) distribution of the local electrical grid Budget 2019: 25 and Consulting

Sponsored Research Expenditures by Major Atlantic Canada Universities Higher Education Sponsored Research Expenditures in Atlantic Canada of higher expenditures expenditures Construction & Services 20 Energy/Environment • Number • Introduce a food policy for Canada ($95 M / 5 years) Budget 2018: $231M / 5 years Number Saint John 11 Invest in infrastructure that enables new innovation, including university and public •The project aims to reduce 92 K tonnes of greenhouse Budget 2018: $210M / 5 years for new research chairs 15 10 Budget 2019 Budget 2019: with CFIA and CanNor What is offered? Programs include: companies are dispersed. 10 Energy and Engineering gas by 2030 education of higher of higher education • Startup Visa Program: Program for immigrant entrepreneurs wanting to launch their innovative 5 Environment Dieppe 3 college research institutes, and other R&D organisations • 0 Health Provide access to high-speed internet ($717 M / 5 business in Canada while gaining permeant residency Retail & Trade and 7 4 flagship platforms to streamline federal innovation support programs: •Project lead: Saint John Energy • Impact Loan: ACOA’s low-interest rate small business loan up to $25 K available in Fredericton, 2 Caraquet 1 years) with a special focus on rural, remote and National Defence and the Canadian Armed Forces Engineering 11 5 Other • Improve innovation by increasing flow of digital information 1. Industrial Research Assistance Program Methane and VOC Emissions Project institutions in education institutions in Atlantic Saint John, and Moncton; operated along with Ignite Fredericton Transport & Warehousing Lincoln 1 Northern communities Annual budget: $20,378 M (2018-19) are located in the Software/Hardware • 2. Strategic Innovation Fund City Make New Brunswick the first digital society in North America • Prepare for a new generation of wireless technology • NRCan will contribute $400 K towards estimating Total R&D expenditures: $306 M (2018-19) Notable Not-For-Profits Atlantic Canada institutions in Canada southern half of the Health Miramichi 1 3. Canadian Trade Commissioner Service methane emission inventories of fossil fuel resource province. • Maintain the one per cent increase in the operating grant to publicly-funded universities ($199 M / 5 years) • Envenio Inc. has received a $492 K contract for Other Saint John hosts a high percentage of innovative software Sackville 1 Source: Statistics Canada, 2018 Source: Statistics Canada, 2018 4. Regional Development Agencies ` Propel Incite The majority of businesses with more than Imports per Province (2017) extraction sites in New Brunswick and Nova ScotiA Atlantic Canada and hardware companies. Fredericton and Moncton host a Exports per Province (2017) • Protect Canada's critical infrastructure from cyber its innovative simulation software, EXN/Aero New Brunswick Innovation New Brunswick Health Economic Development Ignite Fredericton 3+ Corporation Mitacs Location: Atlantic Canada Transport and 200 employees are located in Moncton, Software and Industry/Manufacturing/ Services (Education, Health, wide range of innovative small businesses. St. Lutes Mountain 1 threats ($145 M/5 years) with CRTC, CSE, NRCan, PS •Project lead: Dalhousie University; Project Partner: UNB Purpose: Fuel entrepreneurs for Purpose: Foster job creation, enhance Purpose: Support research-based Key Industry: Tech Warehousing Saint John and Fredericton. Hardware 500 500.0 Source: New Brunswick Innovation Agenda, April 2018; 2019-2020 New Brunswick Budget • The software allows engineers to simulate air or Foundation Research Foundation Greater Saint John Construction Finance, Recreation) 435.4 5 Superclusters to create a world-leading innovation economy: economic growth and develop competitiveness and prosperity, attract innovation Atlantic Canada Academic Institutions by Income and Expenditures Purpose: Foster economic growth and build up tech entrepreneurs in Atlantic Canada 450 450.0 429.7 and Transport Canada Budget 2019: fluid flow in and around objects (such as Purpose: Provide venture capital Purpose: Co-ordinate, support and Purpose: Achieve steady, long-term Technology Retail and Trade (Source: D&B Hoovers, 2019) (Source: Hockeystick, 2019) Inputs 1. Digital Technology Supercluster Fredericton into Canada's startup investment, expand existing 400 400.0 • Grow Canada’s advantage in cybersecurity ($80 M / 4 • Help Canada's forest sector innovate & grow ($251 M / 3 aerodynamics of a car) at a fraction of the cost funding and research investments promote health research in New economic growth for the communities Mitacs has funded 143 projects in NB, What is offered? A 12-month program designed to accelerate early stage technology companies. 2. Protein Industries Supercluster years) across New Brunswick Brunswick by providing funding and of GrandBay-Westfield, Saint John, capital businesses, and attract a productive Sponsored Research Higher Education This includes opportunities for participants to connect in person with other founders, mentors, 350 350.0 years) traditionally associated with simulations 91% of which were science-based Sponsored Research ) Environmental Targets 3. Next Generation Manufacturing Supercluster workforce Higher Education Institution Expenditures as % of Total Institution Income ($ investors and potential clients – along with a virtual meetups, program tools, and curated content 300 B 300.0 • Support the next generation of entrepreneurs ($38 M / Forest Innovation Program: $91.8 M organizing conferences and events. Rothesay, Quispamsis, and St. Martins Largest bubble size signifies increased expenditures on sponsored research Expenditures ($ M) 4. SCALE.AI Supercluster Budget 2019: Fredericton's economic development Services Offered: Darker bubble size signifies higher % of expenditures on sponsored research that can be accessed at any time from anywhere 250 209.8 250.0 Forest Industry Transformation Program: $82.9 M GNB funding for NBIF: $45.6 M (2016- by creating opportunities and driving Larger diamonds represent universities with larger incomes Expenditures M) 194.6 180.2 5 years) • Protect Canada’s national security against economic- organization The economic development 200 157.6 200.0 • Encourage technology adoption, including clean tech 5. Ocean Supercluster Expanding Market Opportunities Program: $64 M 17). NBIF has invested over $100 M GNB funding for NBHRF: $5 M (2017- prosperity Accelerate: Internship funding, 135.9 145.2 20.0 762.08 Access To Risk Capital B) ($ Imports • Launch a federal strategy on jobs and tourism ($6 M / 2 based security threats, including theft of IP and Dalhousie and Memorial Universities spend the most on sponsored research and have the Dalhousie University 150 150.0 111.1 Indigenous Forestry Initiative: $12.6 M since 2003 18). Total funds invested by NBHRF and organization of Dieppe, Moncton and minimum $15 K Universities with larger incomes spend more on sponsored research as a The Hive/La Ruche ($ Exports years) Canadian-made technologies, with ISED, GAC, CSE, percent of total expenditures. highest spending on sponsored research as % of total expenditures. Memorial University of Newfoundland 111.8 17.3 645.40 100 100.0 • Establish specific GHG emission targets that reflect a total output of: 14.8 Mt by 2020; • Protect Canada's critical infrastructure from cyber threats leveraged partners: $10 M Services Offered: ACOA's Impact Loan, Services offered: business counselling, Riverview Elevate: Fellowship funding, minimum Location: Fredericton and Moncton 45.6 43.1 Total imports: $31.9 B 36.8 7 Economic Strategy Tables to bolster industry-government collaboration: CSIS, RCMP and PS ($67.3 M / 5 years, $13.8 M per University of New Brunswick 39.0 12.8 354.67 50 31.9 27.7 19.9 50.0 26.6 16.6 15.8 Total exports: $26.6 B ($145 M / 5 years) with CRTC, CSE, ISED, PS and Transport Services offered: Venture Capital Fund: business courses for new business access to funding, attracting business $30 K Sponsored Research Expenditures in Atlantic Canada Key Industry: Various Venture Capital (2018) Private Equity (2018) 4.6 (2017) 3.3 10.7 Mt by 2030; and 5 Mt by 2050 1. Advanced Manufacturing Table year ongoing) University of PEI 13.2 9.7 144.48 0 - (2017) Canada VC investment up to $1 M Services offered: Provides salary owners, an incubator business talent through immigration, ACOA's Services Offered: ACOA’s impact loan, Globalink: Travel funding for NB Universities/Colleges' Programs Offered by Subject per Higher Education Institution ($ M) Purpose: Serve as an incubator for new immigrants’ businesses 2. Agri-food Table Université de Moncton 11.6 7.7 159.72 Canada Canada ON QC AB BC SK MB NB NS NFL PEI Goods: $23.0 B ON QC AB BC MB NB NFL NS PEI Goods: $19.8 B • Increase spending on energy efficiency in the capital budget by 50% Key Departments and Research Innovation Fund: Up to $500 awards, operating grants, ‘Researcher program Impact Loan advice to take start ups to the next international research collaboration 3. Health/Bio-Sciences Table Saint Mary’s University 8.1 5.6 147.45 What is offered? The Business Immigrant Mentorship Program, which provides learning Invested: $3.7 B -2% from 2017 Invested: $22.3 B -15% from 2017 Province Services: $8.9 B Province K to develop commercial innovations of the Month’ award level, help to find the appropriate Canadian Science Policy Fellowship: Deals: 543 -10% from 2017 Services: $6.8 B • Introduce clean technology adoption incentives in coordination with the Climate Change Crowns with an International Focus Oulton College St. Francis Xavier University 7.6 5.6 154.19 opportunities for immigrant entrepreneurs Deals: 610 +3% from 2017 4. Clean Technology Table Other Departments/Agencies/Crowns Relevant Regional Development Agencies to bring economic benefit to NB Support local talent by training, workforce and Connections, help to Program to form relationships Average deal size: $6.1 M Average deal size: $41 M 5. Digital Industries Table Startup investment fund: Seed capital mentoring and career development acquire financing, support for Business between government and academia College Communautaire du NB Cape Breton University 4.8 7.6 68.93 Top Canadian Sectors Top Canadian Sectors Action Plan Global Affairs Canada Acadia University 4.7 5.0 115.28 ICT $2,563 M (386 deals) Industrial & Manufacturing $7,718 M (118 deals) 6. Resources of the Future Table Canada Revenue Agency investment up to $200 K Organizes health research conferences establishment in greater Moncton Mount Allison University Incubator Program of Economic Development Greater Saint John • Eliminate coal by 2030, assuming adequate support can be found to minimize impacts on 7. Tourism Table Annual budget: $6,491 M (2018-19) Atlantic Canada Opportunities Agency (ACOA) and other events ` Mount Allison University 4.6 6.2 95.18 Life Sciences $630 M (101 deals) Clean Tech $5,387 M (16 deals) Annual budget: $4,205 M (2018-19) Université de Moncton Clean Tech $263 M (47 deals) ICT $3,731 M (88 deals) Mount Saint Vincent University 2.3 3.8 63.75 Location: Saint John energy costs and the local economy Total R&D expenditures: $10 M (2018-19) ACOA works throughout Atlantic Canada to strengthen VC Distribution per Province PE Distribution per Province NB total imports (2017): $31.9 B Scientific Research & Experimental Development Tax University of NB St. Thomas University 0.7 1.7 37.14 Key Industry: Tech Budget 2019: the region’s economy by helping businesses become 1. Ontario $1.9 B (252 deals) 1. Ontario 13.9 B (103 deals) • Regulate GHG emissions from electricity generation in the province in alignment with

Purpose: Offer long-term support to early-stage technology start ups

Higher Education Institution Institution HigherHigher Education Education Credit (SR&ED): Fully refundable enhanced tax credit Institution Higher Education NB Community College Université de Sainte-Anne 0.4 2.2 20.89 2. Quebec $7 B (338 deals) From other countries • $67.3 M / 5 yrs ($13.8 M per year ongoing) to protect more innovative, productive and competitive 2. Quebec $1.1 B (172 deals) provincial emissions targets Canada’s national security against economic-based security (35%), up to $3 M of qualifying expenditures annually Annual budget: $327 M (2018-2019) NSCAD University 0.2 1.4 19.89 What is offered? Support by an Entrepreneur-in-Residence, membership at ConnexionWorks 3. BC $441 M (84 deals) 3. Alberta $685 M (41 deals) 0 1 2 3 4 9. NB <$1 M (1 deal) Goods: $17.7 B threats, including theft of IP and Canadian-made • The enhanced NB R&D tax credit of 15% is fully Number of Programs Offered per Subject University of King’s College 0.2 0.7 21.62 (Saint John co-working space), mentoring sessions, network opportunities, workshops, investor 5. NB $78 M (28 deals) • Plan for, encourage, and invest in in new technologies that reduce pollution, such as $92 M ACOA assistance to NB projects (2018-19) connections VC Distribution per City PE Distribution per City technologies, with ISED, DND, CSE, CSIS, RCMP and PS refundable, meaning that the credit benefits New Cybersecurity Artificial Intelligence Smart Grid Cannabis Advanced Manufacturing Acadia Divinity College 0.0 0.0 4.23 Services: $1.3 B $50 M (54.3%) non-repayable contributions Atlantic School of Theology 0.0 0.0 4.75 1. Toronto $1.5B (197 deals) 1. Toronto $11 B (78 deals) smart grid and renewable electricity • Protect democracy ($30.2 M / 5 years) with Heritage Canada Brunswick corporations even if the corporation does $26 M (28.3%) unconditionally repayable contributions 2. Montreal $901 M (119 deals) 2. Montreal $2.6 B (98 deals) and CSE by providing cybersecurity advice and guidance to From other provinces not have provincial taxes owing $16 M (17.4%) conditionally repayable contributions Of New Brunswick’s 14 higher education institutions, 6 offer programs in The Universities of Dalhousie and Memorial contribute well VENN 3. Vancouver $400 M (71 deals) 3. Quebec City $717 M (26 deals) political parties and strengthening cooperation and Money: $3.2 B major transfer UNB ranks third in Atlantic Canada in sponsored research expenditures, sponsored research 7. Fredericton $74 M (18 deals) Source: New Brunswick Innovation Agenda, April 2018; New Brunswick Climate Change Action Plan Budget 2019: the following innovative subjects: Cybersecurity, AI, Smart Grid, over half of Atlantic Canada’s expenditures on sponsored Location: Moncton Goods: $5.2 B information sharing in response to foreign threats $137.5 K (0.1%) grants expenditures as % of total expenditures, and higher education institution income. Key Industry: Tech VC Funding per Capita by Province New Brunswick • Proposition to eliminate the income threshold for accessing Cannabis, and Advanced Manufacturing. research. ACOA Funding Opportunities Purpose: Function as NB’s industry association for the technology and innovation ecosystem 1. Ontario $131 Invested: < $1 M Deals: 1 Services: $7.6 B credit to ensure continued enhanced support for SMEs payments to New Brunswick 2. Quebec $130 New Brunswick does not constitute a significant portion of Canada’s Atlantic Innovation Fund: What is offered? Networking opportunities, workshops, coaching, market intelligence, and other Trade Commissioner Service 3. New Brunswick $101 Private Equity deals or funding amounts Fall Economic Statement 2018 • The AIF helps Atlantic Canadians develop and bring to opportunities Canadian International Innovation Program $5.0 M • Allow the full cost of machinery and equipment used in the market innovative new products with an R&D New Brunswick (2019-20) Invested: $78 M +388% from 2017 Global Commerce Support Program $18.0 M manufacturing and processing of goods, and the full cost of component and a strong component for Canadian Angel Investment (2017) 1. Invest Canada – Community Initiatives commercialization. Eligible applicants include private- Deals: 28 -7% from 2017 $45 M foreign support for private 2. Going Global Innovation specified clean energy equipment, to be written off NEW BRUNSWICK PROVINCIAL GOVERNMENT rd Canada Atlantic Canada sector businesses, universities, colleges, non- New Brunswick ranks 3 overall in VC investment per capita by 3. Global Opportunities for Associations • Extend the 15% mineral exploration tax credit for 5 years province (2018) Invested: $162.6 M Invested: $380 K 16 S&T Agreements: government research organizations and provincial Deals: 505 Deals: 10 Crown corporations operating in Atlantic Canada Notable NB VC Firms sector R&D in NB (2016) Korea China France Russia Public Services and Procurement Canada New Brunswick Economic Statistics East Valley Ventures: Based in Saint John, East Valley Ventures offers • Provincial Budget 2019-2020 Italy Sweden Israel Germany Funding between $500 K - $3 M VC funding and specializes in the ICT sector Top Canadian Angel Investing Industries India Annual budget: $3,236 M (2018-19) 1. ICT $35 M (146 deals) EU Spain Switzerland Business Development Program: New Brunswick Innovation Foundation: NBIF specializes in venture UK Chile Japan Brazil • TotalPave Inc. has received a $231,278 contract for its • The BDP provides access to capital in the form of 2. Life Sciences $28 M (53 deals) Total exports: $26.6 B (2017) $7 M provincial capital funding and research investments across New Brunswick • New Brunswick Trade Commissioner office is in Moncton Pavement Condition Data Collection System, which interest-free repayable assistance to SMEs GDP: $30.2 B (2017) Education and Early Childhood Development Health Fiscal Estimates Money: $359 M in provincial 3. Clean Tech $4 M (24 deals) uses smartphone technology to collect data on road Regional Economic Growth through Innovation (REGI): Goods: $19.8 B 2019-20 budget: $1,341 M | 3% increase from 2018-19 Annual budget: $2,828 M (2019-20) | 2% increase from 2018-19 Fall Economic Statement 2018 and sidewalk conditions • A national innovation program delivered by ACOA Total population: 759,655 (2017) Services: $6.8 B Expected revenues $9.846 B government • Export Diversification Strategy ($1.1 B / 6 years) to help through two streams: • $230 K towards scholarships and trusts • $12.4 M towards the Innovation and eHealth Branch, which corporate income taxes (2017) • The innovation is being tested by Public Services and th Expected expenses $9.823 B Canadian businesses access new markets and increase • Business Scale-Up and Productivity – funding to help businesses Provincial GDP ranking: 9 Total imports: $31.9 B (2017) • $20 K towards computers for schools oversees ICT and information systems within the healthcare Procurement Canada grow, adopt new technologies, and increase productivity, Surplus $23 M Canada’s overseas exports by 50% by 2025 Goods: $23.0 B system (such as One Patient and One Record) support for Budget 2019: commercialization and global competitiveness Real GDP growth: 1.99% $1,662 M in provincial personal • Regional Innovation Ecosystem – funding designed to create NB’s 10 year education plan - Everyone at their best: • $17.1 M towards medical education and the delivery of training • $3.3 B / 5 years to improve asset portfolio management Services: $8.9 B • Schools will provide access to learn coding, explore and grow regional business networks and innovation through regional health authorities for post-graduate medical Major Critical Infrastructure by Province cybersecurity, and improve digital literacy Export Development Canada (EDC) environments to support business growth and innovation. residents Provincial Crown Corporations high-ed. R&D in Total financing and investment revenue: $2 B (2017) Funding also aims to increase competitiveness of SMEs, women $M Prov. Rank /GDP Prov. Rank Per Capita Prov. Rank • Partners such as Science East and Brilliant Labs will help students income taxes (2017) Business Development Bank of Canada entrepreneurs and under-represented groups th th th GERD: $268 9 1.10% 7 $465.4 10 increase competencies in coding and cybersecurity • New Brunswick-based Masitek makes sensor-enabled th th th ON QC BC Supports the growth of over 32,000 SMEs through over Impact Loan: BERD: $127 M 8 0.39% 7 $166.0 8 • The plan will support enhanced educational technology Opportunities New Brunswick NB (2016) smart devices to help food manufacturers minimize 100 business centres across Canada • Small business loans up to $25 K granted to individuals HERD: $187 M 9th 0.58% 8Th $244.5 10th integration into First Nations communities Post-Secondary Education, Annual budget: $2,828 M (2019-20) | 17% decrease from 2018-19 Major CI Industry (GDP) Manufacturing Manufacturing Health damages and losses during handling and processing • Eigen Innovations, a Fredericton-based IoT solutions in Fredericton, Saint John, Moncton and some other GovERD: $11 M 9th 0.03% 10th $14.4 10th Labour and Training Annual budget: $2,828 M (2019-20) | 1% decrease from 2018-19 • 90% of Masitek’s revenues derive from exports provider for manufacturing systems, has closed $3.5 M Atlantic Canada cities (Funder) (StatsCan, 2016) • ONB is an economic development agency that helps businesses Total R&D in NB: $354 M (Major Flows of R&D Funding 2016) Total R&D Expenditures as Percent of GDP Energy and Resource Development grow, expand and locate. It supports business retention, Budget 2019: in its latest round of equity financing aimed at fueling • Delivered by Economic Development Greater Saint • $260 M in grants to higher education institutions for educational GDP Value ($M) 88,032 48,323 16,339 Annual budget: $106 M (2019-20) | 2% decrease from 2018-19 development and expansion, facilitates exports and attracting • $10 M in funding for the acquisition, repairs and an annual additional growth in the company John, Ignite Fredericton, 3+ Corporation Money: $92 M ACOA assistance programs and incentive funding foreign companies, promote strategic industry development, and operating subsidy required by the Hudson Bay Railway and Budget 2019: Budget 2019: GovERD Funded by Province vs. GovERD • $112.5 M towards training and employment initiatives to enhance GDP (%) 12.4% 13.6% 6.8% • $4.97 M to provide support in the area of geology, exploration and provides other assistance to business Money: $4 M provincial government support for Six (6) Sources of R&D Funding Port Company, the Churchill Marine Tank Farm, along with • $100 M for the Indigenous Growth Fund through the BDC and • Provide increased funding of $27 M (2019-20) to NB projects (2018) Performed by Province (2016) resource development, promotion and related information skills and human capital of individuals and develop NB’s labour Legend - Flows financing through EDC Social Finance Fund to support Indigenous entrepreneurs services market ($100.7 M towards labour market development, $11.8 M Major CI Industry (Firms) Health Health Health 700 towards employment development) • 64 • $886 K to support energy efficiency and sustainability, electricity $12.4 M towards business development services to provide private sector R&D in NB (2016) Higher

600 133 and petroleum and natural gas • $66.2 M in student financial assistance to ensure NB residents with support for small business and strategic, high-growth trade and )

Sustainable Development Technology Canada ) 54 M M Education # of Firms 43,167 22,993 18,466 Supports Canadian companies to develop and new 500 financial needs have access to post-secondary education export development and investment attraction • $10.4 M in research and strategic initiatives, including fostering People environmental technologies that address climate change, 400 300 research and innovation Business clean air, clean water and clean soil List of Federal Research Centres in New Brunswick 528 Environment and Local Government Federal

441 425 25 CyberNB GovERD ($ GovERD NB NS PEI NFL ($ GovERD 200 5 8 Sustainable Development Technology Fund Annual budget: $162 M (2019-20) | 6% increase from 2018-19 Annual Budget: $4.6 M (2016-17) 100 18 Foreign 143 14 11 3 SD Tech Fund Value: $915 M (2013-2020/21) 44 30 • An operating agency of Opportunities New Brunswick, CyberNB Information: 1 Trade Commissioner (TCS) office in Moncton out of 17 office hubs Money Major CI Industry (GDP) Public Public Public Energy Fredericton Research and Development Centre Agriculture and Agri-Food Canada 0 • $2.38 M to monitor, forecast and provide information and data Regional Development Corporation Provincial Private NFP NextGen Biofuels Approved Funding: $250 M (2007-27) QC ON AB BC SK MB NS NFL NB PEI is responsible for improving cybersecurity talent, protecting $131M • Studies potato agroecosystem bioecology, germplasm enhancement, and enhancing the about air and water environmental conditions Annual budget: $221 M (2019-20) | 27% decrease from 2018-19 across Canada to provide advice for companies in navigating international markets. • $1.6 M to coordinate NB’s climate change policies with critical infrastructure, supporting start-ups and new product $11M $12M $84M GDP Value ($M) 3,300 4,400 688 9,288 • Shift Energy, a member of the Mariner Partners group environmental performance of potato production systems Province development, and facilitating R&D $ 72M of companies, has developed its Energy Optimization government, partners and stakeholders • The Regional Development Corporation is the provincial Crown A network of 255 Industrial Technology Advisors (ITAs) across Canada to offer $45M Canadian Wildlife Service Office (Sackville) Environment and Climate Change Canada • $504 K to develop programs, policies and scientific/engineering Corporation that plans, coordinates and implements regional and • NB is a leader in Canada’s cybersecurity space Software (EOS™) that makes smart buildings smarter Information GDP (%) 10.9% 12.2% 12.4% 29.4% • Serves as a hub for wildlife research and monitoring GovERD Funded GovERD Performed expertise towards the Healthy Environments initiative economic development initiatives and projects in NB CyberNB has four broad pillars: Trust & Compliance, Skills & by optimizing automation • RDC’s annual budget for innovation: $17 M - $18 M per year technical and business advice, referrals, and other services Atlantic Environmental Science Centre (Moncton) Environment and Climate Change Canada Workforce, Innovation & Infrastructure and Growth & $3M • The funding covers 3 of the 5 NB innovation agenda pillars Commercialization Major CI Industry (Firms) Health Food Food Health • Specializes in chemical and toxicologial analysis *PEI, NFL, NS and NB governments do not perform GovERD • About $7.2 M goes to NBIF, $4.3 M goes to the NBHRF, $1 M to $4M $70 M Tourism, Heritage and Culture incubators/accelerators, remaining funds to go misc. university $12M $113 M Material Gulf Fisheries Centre (Moncton) Fisheries and Oceans Canada infrastructure projects $131M $7M $11M GovERD Performed per Province (2016) Annual budget: $73 M (2019-20) | 11% decrease from 2018-19 # of Firms 2,865 2,993 792 1,797 • Specializes in shellfish health $9M 350 Horizon Health Network (2017-18) NRC Institute for Information Technology (Fredericton) National Research Council • $ 3.4 M towards researching, analyzing and testing innovative • $45 M towards development initiatives aimed at developing, Annual budget: $1,100 M $45M • Located at UNB product concepts and bringing heightened entrepreneurship and diversifying and growing economies, communities and All values in $CAN unless otherwise noted AB SK MB 300 289 $26M innovation to the tourism industry infrastructure, with a focus on northern NB • $15.0 M spent on Research and Education from 2017-2018 $37 M NRC Research Facilities (Digital Technologies) National Research Council • $38.3 M for the Strategic Infrastructure Initiative • Located in Moncton Major CI Industry (GDP) Energy Energy Manufacturing 250 Atlantic Forestry Centre (Fredericton) Canadian Forest Service, Natural Resources Canada Vitalité Health Network (2017-18) GDP Value ($M) 97,579 18,801 6,250 • Focuses on pest research, ecosystem-based management, climate change research, forest 200 Social Development Annual budget: $650 M Material: $224 M from 285 procurement contracts between NB inventory, wood fibre attributes, environmental conservation Annual budget: $1,251 M (2019-20) | 3% increase from 2018-19 • $10.2 M research spending 2017-2018

GDP (%) 29.8% 23.2% 10.1% St. Andrews Biological Station (St. Andrews) Fisheries And Oceans Canada 150 133 GovERD ($ M) GovERD ($ GovERD ($ M) GovERD ($ •Specializes in aquaculture, biodiversity, climate change, coastal oceanography, fIsheries, • $400 K towards the coordination and oversight of the provincial government and NB private sector (fiscal year 2018-2019) and species at rIsk; Atlantic Canada’s oldest permanent marine research facility 100 implementation of the Aging Strategy and enabling research and Money: $558 M in federal corporate income taxes from NB (2017) Major CI Industry (Firms) Health Food Health 64 54 innovation in aging and aging care 50 $187M # of Firms 13,855 5,163 4,085 25 $2,250 M in federal personal income taxes from NB (2017) 8 5 0 0 0 0 $ 127M 0 CAN AB QC ON BC MB SK NFL PEI NS NB $ 37M © Copyright (April, 2019) Global Advantage Consulting Group (GACG) Inc. All Rights Reserved Province This document contains proprietary information of Global Advantage Consulting Group Inc. and shall not be used, copied, disclosed or distributed without the prior written consent of GACG Inc. For more information on this and other products, contact Global Advantage at 613-692-8383. Major Critical Infrastructure in New Brunswick Federal Higher $3M Business Education Provincial Research Major CI Industry Health Food Transportation & Warehousing Manufacturing Finance & Insurance Utilities # of Firms in CI Sectors Total # of Firms (All Industries) Four (4) Performers of R&D Organisations # of Firms 2,865 2,390 1,411 854 842 49 8,411 26,586 Source: Statistics Canada 2018 (latest)