IC meaning in Computer and Networking ?
Answer: What is Industry Canada mean?
Innovation, Science and Economic Development Canada (ISED; legally, the Department of Industry; French: Innovation, Sciences et Développement économique Canada) is the department of the Government of Canada with a mandate of fostering a growing, competitive, and knowledge-based Canadian economy. ISED specifically supports Canadian innovation efforts, trade and investment, enterprise growth, and customized economic development in Canadian communities.
The department is administered by the Minister of Innovation, Science and Industry, currently François-Philippe Champagne, and the Minister of Economic Development and Official Languages, currently Mélanie Joly.
ISED has three core responsibilities—it oversees: Canadian companies, investment, and growth; people, skills and communities; and science, technology, research and commercialization. It addresses these responsibilities by doing work in four areas: research and development; economic development; market integrity, regulation, and competition; and internal services. This work is done by distributing grants and contributions, providing programs and services, managing federal activities, and overseeing relevant regulation and legislation.
In the 2018–19 fiscal year, ISED has emphasized the importance of women's entrepreneurship, innovation, and digital economy. ISED has also prioritized inclusivity, asserting that "[Canada's] economy should work for all Canadians."
In order to fulfil this mandate among other responsibilities, ISED works in partnership with several organizations to address a broad and diverse range of economic variables across Canada. These organizations focus on specific geographic regions or economic variables with the collective goal of strengthening the Canadian economy.
There are six regional development agencies under the ISED portfolio which provide tailored support suited to the strengths and needs of different areas of Canada: the Atlantic Canada Opportunities Agency, Canada Economic Development for Quebec Regions, Canadian Northern Economic Development Agency, Federal Economic Development Agency for Southern Ontario, Federal Economic Development Initiative for Northern Ontario, and Western Economic Diversification Canada. ISED is also associated with a number of special operating agencies, shared-governance corporations, departmental corporations, crown corporations, departmental agencies and a joint enterprise.
The department headquarters are located at the C.D. Howe Building at 235 Queen Street in Ottawa, Ontario.
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