What is the role of the Department of Innovation, Science and Economic Development in Canada?

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What is the role of the Department of Innovation, Science and Economic Development in Canada?

The Department of Innovation, Science and Economic Development in Canada plays a crucial role in promoting and supporting innovation, science, and economic development within the country. It is responsible for developing and implementing policies, programs, and initiatives that foster innovation, enhance scientific research and development, and stimulate economic growth. The department focuses on areas such as digital economy, clean technology, intellectual property, small business development, and investment attraction. It also oversees various agencies and organizations that contribute to Canada's innovation and economic development, such as the Canadian Intellectual Property Office, the National Research Council, and the Business Development Bank of Canada.