I am both encouraged by and skeptical of these subtle changes to research funding, and glaring problems remain. As the writer, UBC Mathematics Professor, Nassif Ghoussoub, himself points out, the largest portion of government research & innovation funding is “business as usual.” The $500 Million earmarked as an Automotive Innovation Fund, is an almost laughable attempt to disguise as subsidy as funding for innovation. Distinct changes in policy and procedure are reported, as recommended by UBC President Toope, and MITACS CEO, Arvind Gupta. But with this federal government, only time will tell what will actually emerge.