Canada Foundation for Innovation

[3] The infrastructure funded by the CFI includes the equipment, laboratories, databases, specimens, scientific collections, computer hardware and software, communications linkages and buildings necessary to conduct research.

[4] The CFI has established a merit-review process that relies on experts from across Canada and around the world to ensure that only the best projects receive funding.

[6] This funding is then leveraged to attract the remaining investment from partners in the public, private and non-profit sectors.

[7] The CFI was established as an independent corporation with a board of directors, which meets three to four times a year.

The board of directors reports to Members—a higher governing body similar to a company's shareholders but representing the Canadian public.