Jim Balsillie launches Canadian Shield Institute with $10M donation

3 hours ago 1

The institute plans to work with industry leaders and philanthropists to ensure a long-term impact on the country

Author of the article:

The Canadian Press

Tara Deschamps

Published Jan 16, 2025 • 1 minute read

The Canadian Shield Institute will have links to the Council of Canadian Innovators, an industry group Balsillie co-founded in 2015.

Former BlackBerry Ltd. chief executive Jim Balsillie has donated $10 million to form a new policy organization meant to boost Canada’s prosperity and resilience.

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The Canadian Shield Institute gets its name from its goal of securing homegrown innovation, economic leadership and defence.

It will be its own organization but will have links to the Council of Canadian Innovators, an industry group Balsillie co-founded in 2015.

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The institute’s eight areas of focus include transforming tax policy for global competitiveness, positioning Canada at the forefront of deep technology and modernizing government through institutional reform.

The institute will also push the country to adopt innovation strategies for energy, minerals, agriculture, forestry, fisheries, housing and health care.

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